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Imperial Oil (XBRU:IMO) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2024)


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What is Imperial Oil Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Imperial Oil's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.462. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Imperial Oil's average Cyclically Adjusted FCF Growth Rate was 44.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 111.40% 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 Imperial Oil was 111.40% per year. The lowest was -59.00% per year. And the median was 11.70% per year.

As of today (2024-05-19), Imperial Oil's current stock price is €32.65. Imperial Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.00. Imperial Oil's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Imperial Oil was 771.50. The lowest was 22.03. And the median was 68.94.


Imperial Oil Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Imperial Oil'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.

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Imperial Oil Cyclically Adjusted FCF per Share Chart

Imperial Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Imperial Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Imperial Oil's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


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

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

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



Imperial Oil 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, Imperial Oil'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)
=0.462/126.2576*126.2576
=0.462

Current CPI (Mar. 2024) = 126.2576.

Imperial Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.236 99.473 -0.300
201409 -0.100 99.394 -0.127
201412 -0.287 98.367 -0.368
201503 -0.628 99.789 -0.795
201506 -0.335 100.500 -0.421
201509 0.361 100.421 0.454
201512 -0.124 99.947 -0.157
201603 -0.273 101.054 -0.341
201606 0.105 102.002 0.130
201609 0.466 101.765 0.578
201612 0.477 101.449 0.594
201703 0.190 102.634 0.234
201706 0.135 103.029 0.165
201709 0.479 103.345 0.585
201712 0.599 103.345 0.732
201803 0.452 105.004 0.543
201806 0.385 105.557 0.461
201809 0.680 105.636 0.813
201812 0.334 105.399 0.400
201903 0.445 106.979 0.525
201906 0.495 107.690 0.580
201909 0.773 107.611 0.907
201912 0.506 107.769 0.593
202003 0.086 107.927 0.101
202006 -0.786 108.401 -0.915
202009 0.553 108.164 0.646
202012 0.079 108.559 0.092
202103 0.690 110.298 0.790
202106 0.488 111.720 0.552
202109 1.317 112.905 1.473
202112 0.981 113.774 1.089
202203 1.357 117.646 1.456
202206 2.039 120.806 2.131
202209 2.395 120.648 2.506
202212 1.882 120.964 1.964
202303 -1.003 122.702 -1.032
202306 0.315 124.203 0.320
202309 1.605 125.230 1.618
202312 0.675 125.072 0.681
202403 0.462 126.258 0.462

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


Imperial Oil  (XBRU:IMO) 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Imperial Oil was 771.50. The lowest was 22.03. And the median was 68.94.


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.


Imperial Oil Cyclically Adjusted FCF per Share Related Terms

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


Imperial Oil (XBRU:IMO) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Oil Ltd (XBRU:IMO) » Definitions » Cyclically Adjusted FCF per Share
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Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.

Imperial Oil (XBRU:IMO) Headlines