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Cheniere Energy (STU:CHQ1) Cyclically Adjusted FCF per Share : €-3.62 (As of Mar. 2024)


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What is Cheniere 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.

Cheniere Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was €2.333. 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 €-3.62 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% 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 Cheniere Energy was 27.70% per year. The lowest was -42.10% per year. And the median was -5.60% per year.

As of today (2024-05-29), Cheniere Energy's current stock price is €142.65. Cheniere Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-3.62. Cheniere Energy's Cyclically Adjusted Price-to-FCF of today is .


Cheniere Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cheniere 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.

Cheniere Energy Cyclically Adjusted FCF per Share Chart

Cheniere 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 -11.61 -12.18 -10.98 -8.08 -4.11

Cheniere 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 -6.93 -6.15 -5.12 -4.11 -3.62

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

For the Oil & Gas Midstream subindustry, Cheniere 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.


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

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

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



Cheniere 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, Cheniere 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)
=2.333/131.7762*131.7762
=2.333

Current CPI (Mar. 2024) = 131.7762.

Cheniere Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.883 100.560 -2.468
201409 -2.509 100.428 -3.292
201412 -3.597 99.070 -4.785
201503 -2.471 99.621 -3.269
201506 -15.676 100.684 -20.517
201509 -5.619 100.392 -7.376
201512 -5.298 99.792 -6.996
201603 -5.043 100.470 -6.614
201606 -5.033 101.688 -6.522
201609 -4.655 101.861 -6.022
201612 -4.094 101.863 -5.296
201703 -4.058 102.862 -5.199
201706 -3.032 103.349 -3.866
201709 -0.743 104.136 -0.940
201712 -0.424 104.011 -0.537
201803 -1.046 105.290 -1.309
201806 -0.772 106.317 -0.957
201809 -2.336 106.507 -2.890
201812 -1.515 105.998 -1.883
201903 -0.729 107.251 -0.896
201906 -1.839 108.070 -2.242
201909 -2.650 108.329 -3.224
201912 0.934 108.420 1.135
202003 0.054 108.902 0.065
202006 0.095 108.767 0.115
202009 -2.414 109.815 -2.897
202012 0.320 109.897 0.384
202103 2.842 111.754 3.351
202106 0.187 114.631 0.215
202109 1.217 115.734 1.386
202112 0.722 117.630 0.809
202203 8.855 121.301 9.620
202206 6.181 125.017 6.515
202209 8.419 125.227 8.859
202212 9.071 125.222 9.546
202303 10.294 127.348 10.652
202306 4.721 128.729 4.833
202309 5.080 129.860 5.155
202312 3.953 129.419 4.025
202403 2.333 131.776 2.333

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


Cheniere Energy  (STU:CHQ1) 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.


Cheniere Energy Cyclically Adjusted FCF per Share Related Terms

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


Cheniere Energy (STU:CHQ1) Business Description

Industry
Traded in Other Exchanges
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.

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