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Viper Energy (FRA:ZT0) Cyclically Adjusted FCF per Share : €-0.57 (As of Mar. 2024)


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What is Viper Energy 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.

Viper Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.994. 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 €-0.57 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), Viper Energy's current stock price is €32.60. Viper Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.57. Viper Energy's Cyclically Adjusted Price-to-FCF of today is .

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Viper Energy was 125.90. The lowest was 106.00. And the median was 108.21.


Viper Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Viper Energy'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.

Viper Energy Cyclically Adjusted FCF per Share Chart

Viper Energy 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 - - - - -0.65

Viper Energy 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 - - -0.01 -0.65 -0.57

Competitive Comparison of Viper Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas Midstream subindustry, Viper Energy'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.


Viper Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Viper Energy 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, Viper Energy'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)
=0.994/131.7762*131.7762
=0.994

Current CPI (Mar. 2024) = 131.7762.

Viper Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.088 100.560 0.115
201409 -0.423 100.428 -0.555
201412 0.218 99.070 0.290
201503 0.169 99.621 0.224
201506 0.175 100.684 0.229
201509 0.177 100.392 0.232
201512 0.206 99.792 0.272
201603 0.155 100.470 0.203
201606 0.054 101.688 0.070
201609 -1.152 101.861 -1.490
201612 -0.495 101.863 -0.640
201703 0.172 102.862 0.220
201706 -0.717 103.349 -0.914
201709 -1.108 104.136 -1.402
201712 0.016 104.011 0.020
201803 -0.717 105.290 -0.897
201806 -0.467 106.317 -0.579
201809 -3.346 106.507 -4.140
201812 -0.697 105.998 -0.867
201903 -0.566 107.251 -0.695
201906 0.169 108.070 0.206
201909 -1.912 108.329 -2.326
201912 -1.880 108.420 -2.285
202003 0.420 108.902 0.508
202006 0.250 108.767 0.303
202009 0.352 109.815 0.422
202012 0.638 109.897 0.765
202103 0.702 111.754 0.828
202106 0.951 114.631 1.093
202109 0.848 115.734 0.966
202112 -1.868 117.630 -2.093
202203 1.597 121.301 1.735
202206 2.003 125.017 2.111
202209 2.345 125.227 2.468
202212 2.056 125.222 2.164
202303 -0.120 127.348 -0.124
202306 1.754 128.729 1.796
202309 2.492 129.860 2.529
202312 -6.608 129.419 -6.728
202403 0.994 131.776 0.994

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


Viper Energy  (FRA:ZT0) 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Viper Energy was 125.90. The lowest was 106.00. And the median was 108.21.


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.


Viper Energy Cyclically Adjusted FCF per Share Related Terms

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


Viper Energy (FRA:ZT0) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (FRA:ZT0) » Definitions » Cyclically Adjusted FCF per Share
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Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

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