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Diamondback Energy (HAM:7DB) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamondback Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Diamondback 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.

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Diamondback Energy Cyclically Adjusted Price-to-FCF Chart

Diamondback Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Diamondback Energy 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 Diamondback Energy's Cyclically Adjusted Price-to-FCF

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


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

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

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



Diamondback 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.

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

For example, Diamondback 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)
=2.949/131.7762*131.7762
=2.949

Current CPI (Mar. 2024) = 131.7762.

Diamondback Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.521 100.560 -0.683
201409 -8.948 100.428 -11.741
201412 -1.240 99.070 -1.649
201503 -0.858 99.621 -1.135
201506 -6.147 100.684 -8.045
201509 0.449 100.392 0.589
201512 -0.548 99.792 -0.724
201603 -0.426 100.470 -0.559
201606 -0.301 101.688 -0.390
201609 -8.065 101.861 -10.434
201612 -1.211 101.863 -1.567
201703 -17.725 102.862 -22.707
201706 -1.625 103.349 -2.072
201709 -2.575 104.136 -3.258
201712 -1.358 104.011 -1.721
201803 -1.207 105.290 -1.511
201806 -1.664 106.317 -2.062
201809 -1.492 106.507 -1.846
201812 -9.984 105.998 -12.412
201903 -2.204 107.251 -2.708
201906 -0.788 108.070 -0.961
201909 -2.198 108.329 -2.674
201912 -0.033 108.420 -0.040
202003 -0.034 108.902 -0.041
202006 -1.339 108.767 -1.622
202009 0.925 109.815 1.110
202012 0.760 109.897 0.911
202103 -0.092 111.754 -0.108
202106 2.350 114.631 2.701
202109 3.639 115.734 4.143
202112 1.965 117.630 2.201
202203 2.715 121.301 2.949
202206 6.183 125.017 6.517
202209 6.833 125.227 7.190
202212 -0.813 125.222 -0.856
202303 -0.575 127.348 -0.595
202306 3.362 128.729 3.442
202309 2.651 129.860 2.690
202312 0.795 129.419 0.809
202403 2.949 131.776 2.949

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.


Diamondback Energy  (HAM:7DB) 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.


Diamondback Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Diamondback Energy (HAM:7DB) Business Description

Industry
Traded in Other Exchanges
Address
500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2022, the company reported net proven reserves of 2 billion barrels of oil equivalent. Net production averaged about 386,000 barrels per day in 2022, at a ratio of 58% oil, 21% natural gas liquids, and 21% natural gas.

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