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LyondellBasell Industries NV (FRA:DLY) Cyclically Adjusted FCF per Share : €10.35 (As of Mar. 2024)


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What is LyondellBasell Industries 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.

LyondellBasell Industries NV's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.685. 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 €10.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LyondellBasell Industries NV's average Cyclically Adjusted FCF Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.60% 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 LyondellBasell Industries NV was 13.60% per year. The lowest was 11.20% per year. And the median was 12.40% per year.

As of today (2024-05-22), LyondellBasell Industries NV's current stock price is €92.40. LyondellBasell Industries NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €10.35. LyondellBasell Industries NV's Cyclically Adjusted Price-to-FCF of today is 8.93.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LyondellBasell Industries NV was 15.19. The lowest was 5.43. And the median was 9.47.


LyondellBasell Industries NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LyondellBasell Industries 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.

LyondellBasell Industries NV Cyclically Adjusted FCF per Share Chart

LyondellBasell Industries 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 6.92 6.32 8.33 9.87 10.40

LyondellBasell Industries 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 9.66 10.04 10.68 10.40 10.35

Competitive Comparison of LyondellBasell Industries NV's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, LyondellBasell Industries 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.


LyondellBasell Industries NV's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LyondellBasell Industries NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



LyondellBasell Industries 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, LyondellBasell Industries 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)
=-1.685/131.6000*131.6000
=-1.685

Current CPI (Mar. 2024) = 131.6000.

LyondellBasell Industries NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.930 99.800 2.545
201409 1.661 100.000 2.186
201412 2.632 99.900 3.467
201503 2.232 99.600 2.949
201506 2.205 100.100 2.899
201509 2.685 100.200 3.526
201512 1.390 100.400 1.822
201603 1.599 100.400 2.096
201606 1.462 101.000 1.905
201609 1.606 101.500 2.082
201612 2.663 102.200 3.429
201703 0.596 102.700 0.764
201706 2.553 103.500 3.246
201709 2.481 104.300 3.130
201712 2.307 105.000 2.891
201803 1.185 105.100 1.484
201806 2.688 105.900 3.340
201809 2.107 106.600 2.601
201812 1.375 107.100 1.690
201903 0.138 107.000 0.170
201906 1.349 107.900 1.645
201909 3.055 108.400 3.709
201912 1.385 108.500 1.680
202003 -0.320 108.600 -0.388
202006 1.872 108.800 2.264
202009 1.022 109.200 1.232
202012 1.154 109.400 1.388
202103 0.581 109.700 0.697
202106 3.645 111.400 4.306
202109 4.146 112.400 4.854
202112 6.373 114.700 7.312
202203 2.914 116.500 3.292
202206 3.096 120.500 3.381
202209 3.011 122.300 3.240
202212 3.255 125.300 3.419
202303 0.371 126.800 0.385
202306 2.800 129.400 2.848
202309 3.667 130.100 3.709
202312 2.869 130.500 2.893
202403 -1.685 131.600 -1.685

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


LyondellBasell Industries NV  (FRA:DLY) 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.

LyondellBasell Industries NV's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=92.40/10.35
=8.93

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LyondellBasell Industries NV was 15.19. The lowest was 5.43. And the median was 9.47.


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.


LyondellBasell Industries NV Cyclically Adjusted FCF per Share Related Terms

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LyondellBasell Industries NV (FRA:DLY) Business Description

Traded in Other Exchanges
Address
Delftseplein 27E, 4th Floor, Rotterdam, ZH, NLD, 3013 AA
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production come from its North American operations.