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Veren (TSX:VRN) Cyclically Adjusted Price-to-FCF : 12.79 (As of May. 28, 2024)


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What is Veren Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Veren's current share price is C$11.51. Veren's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.90. Veren's Cyclically Adjusted Price-to-FCF for today is 12.79.

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

TSX:VRN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.79   Med: 12.74   Max: 31
Current: 12.78

During the past years, Veren's highest Cyclically Adjusted Price-to-FCF was 31.00. The lowest was 4.79. And the median was 12.74.

TSX:VRN's Cyclically Adjusted Price-to-FCF is ranked better than
53.54% of 396 companies
in the Oil & Gas industry
Industry Median: 13.66 vs TSX:VRN: 12.78

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.

Veren's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-0.011. 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$0.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veren Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Veren'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.

Veren Cyclically Adjusted Price-to-FCF Chart

Veren 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 - 7.41 12.72 12.68 10.31

Veren 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 11.56 11.04 13.39 10.31 12.30

Competitive Comparison of Veren's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Veren'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.


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

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

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



Veren 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.51/0.9
=12.79

* 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.

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

For example, Veren'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)
=-0.011/126.2576*126.2576
=-0.011

Current CPI (Mar. 2024) = 126.2576.

Veren Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.862 99.473 1.094
201409 0.017 99.394 0.022
201412 -0.150 98.367 -0.193
201503 -0.382 99.789 -0.483
201506 0.334 100.500 0.420
201509 0.432 100.421 0.543
201512 0.305 99.947 0.385
201603 -0.004 101.054 -0.005
201606 0.668 102.002 0.827
201609 -0.007 101.765 -0.009
201612 0.034 101.449 0.042
201703 -0.232 102.634 -0.285
201706 0.203 103.029 0.249
201709 -0.146 103.345 -0.178
201712 -0.074 103.345 -0.090
201803 -0.522 105.004 -0.628
201806 0.232 105.557 0.277
201809 0.085 105.636 0.102
201812 0.076 105.399 0.091
201903 0.041 106.979 0.048
201906 0.634 107.690 0.743
201909 0.051 107.611 0.060
201912 0.073 107.769 0.086
202003 -0.004 107.927 -0.005
202006 -0.031 108.401 -0.036
202009 0.219 108.164 0.256
202012 0.120 108.559 0.140
202103 0.316 110.298 0.362
202106 0.314 111.720 0.355
202109 0.368 112.905 0.412
202112 0.424 113.774 0.471
202203 0.342 117.646 0.367
202206 0.552 120.806 0.577
202209 0.569 120.648 0.595
202212 0.581 120.964 0.606
202303 0.264 122.702 0.272
202306 0.391 124.203 0.397
202309 0.553 125.230 0.558
202312 0.571 125.072 0.576
202403 -0.011 126.258 -0.011

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.


Veren  (TSX:VRN) 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.


Veren Cyclically Adjusted Price-to-FCF Related Terms

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


Veren (TSX:VRN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Veren Inc (TSX:VRN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
585 - 8th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 1G1
Crescent Point Energy Corp is an independent exploration and production company. It is engaged in acquiring, developing, and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly-owned subsidiaries. The company generates maximum revenue from Oil and gas sales.
Executives
Mark Gordon Eade Senior Officer