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Coterra Energy (BSP:C1OG34) Cyclically Adjusted Price-to-FCF : 26.67 (As of May. 13, 2024)


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What is Coterra Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), Coterra Energy's current share price is R$142.96. Coterra Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$5.36. Coterra Energy's Cyclically Adjusted Price-to-FCF for today is 26.67.

The historical rank and industry rank for Coterra Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:C1OG34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.71   Med: 45.2   Max: 954.5
Current: 24.56

During the past years, Coterra Energy's highest Cyclically Adjusted Price-to-FCF was 954.50. The lowest was 22.71. And the median was 45.20.

BSP:C1OG34's Cyclically Adjusted Price-to-FCF is ranked worse than
69.77% of 397 companies
in the Oil & Gas industry
Industry Median: 14.3 vs BSP:C1OG34: 24.56

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.

Coterra Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$2.625. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$5.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coterra Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coterra Energy's Cyclically Adjusted Price-to-FCF 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.

Coterra Energy Cyclically Adjusted Price-to-FCF Chart

Coterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 91.06 31.51 23.96

Coterra 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 Price-to-FCF 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 26.14 26.59 27.03 23.96 24.38

Competitive Comparison of Coterra Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Coterra 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.


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

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

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



Coterra Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Coterra Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=142.96/5.36
=26.67

* 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.

Coterra Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coterra 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)
=2.625/129.4194*129.4194
=2.625

Current CPI (Mar. 2024) = 129.4194.

Coterra Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.270 100.560 0.347
201409 0.062 100.428 0.080
201412 -1.411 99.070 -1.843
201503 -0.968 99.621 -1.258
201506 -0.591 100.684 -0.760
201509 -0.268 100.392 -0.345
201512 0.271 99.792 0.351
201603 -0.215 100.470 -0.277
201606 0.133 101.688 0.169
201609 0.138 101.861 0.175
201612 0.069 101.863 0.088
201703 0.409 102.862 0.515
201706 0.534 103.349 0.669
201709 -0.030 104.136 -0.037
201712 0.010 104.011 0.012
201803 0.828 105.290 1.018
201806 0.357 106.317 0.435
201809 -0.167 106.507 -0.203
201812 0.619 105.998 0.756
201903 3.520 107.251 4.248
201906 0.916 108.070 1.097
201909 0.712 108.329 0.851
201912 0.953 108.420 1.138
202003 0.687 108.902 0.816
202006 -0.595 108.767 -0.708
202009 -0.246 109.815 -0.290
202012 2.687 109.897 3.164
202103 2.341 111.754 2.711
202106 0.349 114.631 0.394
202109 0.812 115.734 0.908
202112 4.741 117.630 5.216
202203 6.425 121.301 6.855
202206 2.530 125.017 2.619
202209 8.625 125.227 8.914
202212 6.575 125.222 6.795
202303 6.850 127.348 6.961
202306 0.313 128.729 0.315
202309 1.368 129.860 1.363
202312 1.885 129.419 1.885
202403 2.625 129.419 2.625

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


Coterra Energy  (BSP:C1OG34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Coterra Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Coterra Energy (BSP:C1OG34) Business Description

Industry
Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Coterra Energy (BSP:C1OG34) Headlines

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