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Euronav NV (Euronav NV) Cyclically Adjusted FCF per Share : $-0.40 (As of Mar. 2024)


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What is Euronav NV Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Euronav NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.427. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.40 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Euronav NV was 22.40% per year. The lowest was -2.50% per year. And the median was 8.30% per year.

As of today (2024-06-05), Euronav NV's current stock price is $16.50. Euronav NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.40. Euronav NV's Cyclically Adjusted Price-to-FCF of today is .


Euronav NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Euronav NV's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Euronav NV Cyclically Adjusted FCF per Share Chart

Euronav NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.29 -0.64 -0.83 -0.94 -0.63

Euronav NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.89 -0.79 -0.71 -0.63 -0.40

Competitive Comparison of Euronav NV's Cyclically Adjusted FCF per Share

For the Oil & Gas Midstream subindustry, Euronav NV's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Euronav NV's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Euronav NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Euronav NV's Cyclically Adjusted Price-to-FCF falls into.



Euronav NV Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Euronav NV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.427/130.5518*130.5518
=0.427

Current CPI (Mar. 2024) = 130.5518.

Euronav NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.170 99.482 -4.160
201409 -3.452 99.195 -4.543
201412 -1.401 99.086 -1.846
201503 0.034 99.423 0.045
201506 -0.624 100.107 -0.814
201509 0.406 100.245 0.529
201512 0.765 100.572 0.993
201603 0.358 101.653 0.460
201606 0.216 102.267 0.276
201609 -0.044 102.118 -0.056
201612 0.073 102.614 0.093
201703 -0.187 103.972 -0.235
201706 0.134 103.902 0.168
201709 0.144 104.170 0.180
201712 0.121 104.804 0.151
201803 -0.314 105.419 -0.389
201806 -0.639 106.063 -0.787
201809 -0.495 106.618 -0.606
201812 0.139 107.252 0.169
201903 0.384 107.876 0.465
201906 -0.011 107.896 -0.013
201909 -0.152 107.470 -0.185
201912 1.002 108.065 1.211
202003 0.934 108.550 1.123
202006 1.005 108.540 1.209
202009 1.428 108.441 1.719
202012 0.153 108.511 0.184
202103 -0.876 109.522 -1.044
202106 -0.459 110.305 -0.543
202109 -0.321 111.543 -0.376
202112 -0.517 114.705 -0.588
202203 -0.529 118.620 -0.582
202206 -1.367 120.948 -1.476
202209 0.022 124.120 0.023
202212 0.466 126.578 0.481
202303 0.354 126.528 0.365
202306 0.735 125.973 0.762
202309 0.450 127.083 0.462
202312 0.930 128.292 0.946
202403 0.427 130.552 0.427

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Euronav NV  (NYSE:EURN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Euronav NV Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Euronav NV's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Euronav NV (Euronav NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Euronav NV (NYSE:EURN) » Definitions » Cyclically Adjusted FCF per Share
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Address
De Gerlachekaai 20, Antwerpen, BEL, B-2000
Euronav NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. The company organises itself into two segments: tankers and floating storage and offloading activities, or FSO. The tankers segment, which generates the majority of revenue, operates crude oil tankers on international markets. The FSO segment conducts floating production, floating storage, and offloading operations for crude oil and petroleum products.

Euronav NV (Euronav NV) Headlines

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