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Exxon Mobil (NEOE:XOM) Cyclically Adjusted Price-to-FCF : 23.15 (As of May. 23, 2024)


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What is Exxon Mobil Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Exxon Mobil's current share price is C$21.76. Exxon Mobil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.94. Exxon Mobil's Cyclically Adjusted Price-to-FCF for today is 23.15.

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

NEOE:XOM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.83   Med: 20.62   Max: 30.63
Current: 23.31

During the past years, Exxon Mobil's highest Cyclically Adjusted Price-to-FCF was 30.63. The lowest was 9.83. And the median was 20.62.

NEOE:XOM's Cyclically Adjusted Price-to-FCF is ranked worse than
68.88% of 392 companies
in the Oil & Gas industry
Industry Median: 13.98 vs NEOE:XOM: 23.31

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.

Exxon Mobil's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$3.247. 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 C$0.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exxon Mobil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Cyclically Adjusted Price-to-FCF Chart

Exxon Mobil 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 20.97 14.80 18.96 26.10 20.56

Exxon Mobil 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 24.99 23.51 24.77 20.56 23.46

Competitive Comparison of Exxon Mobil's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


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

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

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



Exxon Mobil 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.

Exxon Mobil's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.76/0.94
=23.15

* 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.

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

For example, Exxon Mobil'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)
=3.247/131.7762*131.7762
=3.247

Current CPI (Mar. 2024) = 131.7762.

Exxon Mobil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.418 100.560 0.548
201409 1.083 100.428 1.421
201412 -0.400 99.070 -0.532
201503 0.346 99.621 0.458
201506 0.495 100.684 0.648
201509 0.878 100.392 1.152
201512 -0.576 99.792 -0.761
201603 0.067 100.470 0.088
201606 0.077 101.688 0.100
201609 0.612 101.861 0.792
201612 1.121 101.863 1.450
201703 1.675 102.862 2.146
201706 1.198 103.349 1.528
201709 0.754 104.136 0.954
201712 0.871 104.011 1.104
201803 1.566 105.290 1.960
201806 0.877 106.317 1.087
201809 1.802 106.507 2.230
201812 0.791 105.998 0.983
201903 0.983 107.251 1.208
201906 -0.070 108.070 -0.085
201909 0.866 108.329 1.053
201912 -0.109 108.420 -0.132
202003 0.108 108.902 0.131
202006 -1.402 108.767 -1.699
202009 0.340 109.815 0.408
202012 0.113 109.897 0.135
202103 2.020 111.754 2.382
202106 1.993 114.631 2.291
202109 2.741 115.734 3.121
202112 3.903 117.630 4.372
202203 3.228 121.301 3.507
202206 4.878 125.017 5.142
202209 6.231 125.227 6.557
202212 3.885 125.222 4.088
202303 3.646 127.348 3.773
202306 1.315 128.729 1.346
202309 3.712 129.860 3.767
202312 2.490 129.419 2.535
202403 3.247 131.776 3.247

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.


Exxon Mobil  (NEOE:XOM) 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.


Exxon Mobil Cyclically Adjusted Price-to-FCF Related Terms

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


Exxon Mobil (NEOE:XOM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (NEOE:XOM) » Definitions » Cyclically Adjusted Price-to-FCF
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

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