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Suncor Energy (Suncor Energy) Cyclically Adjusted FCF per Share : $2.08 (As of Dec. 2023)


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What is Suncor Energy Cyclically Adjusted FCF per Share?

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.

Suncor Energy's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.592. 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 $2.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Suncor Energy's average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% 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 Suncor Energy was 33.80% per year. The lowest was -15.90% per year. And the median was 9.50% per year.

As of today (2024-04-27), Suncor Energy's current stock price is $39.41. Suncor Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.08. Suncor Energy's Cyclically Adjusted Price-to-FCF of today is 18.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Suncor Energy was 59.35. The lowest was 10.66. And the median was 21.10.


Suncor Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Suncor Energy'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.

* Premium members only.

Suncor Energy Cyclically Adjusted FCF per Share Chart

Suncor Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.12 1.38 1.82 2.08

Suncor Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.82 1.78 1.86 1.91 2.08

Competitive Comparison of Suncor Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Suncor 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.


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

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

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



Suncor Energy 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, Suncor Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.592/125.4675*125.4675
=1.592

Current CPI (Dec. 2023) = 125.4675.

Suncor Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.149 98.604 0.190
201406 0.326 99.473 0.411
201409 0.680 99.394 0.858
201412 0.069 98.367 0.088
201503 -0.247 99.789 -0.311
201506 0.122 100.500 0.152
201509 0.540 100.421 0.675
201512 -0.296 99.947 -0.372
201603 -0.752 101.054 -0.934
201606 -0.438 102.002 -0.539
201609 0.131 101.765 0.162
201612 0.546 101.449 0.675
201703 0.111 102.634 0.136
201706 -0.083 103.029 -0.101
201709 0.596 103.345 0.724
201712 0.537 103.345 0.652
201803 -0.267 105.004 -0.319
201806 0.318 105.557 0.378
201809 1.491 105.636 1.771
201812 0.879 105.399 1.046
201903 0.305 106.979 0.358
201906 0.990 107.690 1.153
201909 0.787 107.611 0.918
201912 0.261 107.769 0.304
202003 0.030 107.927 0.035
202006 -0.709 108.401 -0.821
202009 0.151 108.164 0.175
202012 -0.078 108.559 -0.090
202103 0.806 110.298 0.917
202106 0.402 111.720 0.451
202109 1.869 112.905 2.077
202112 0.769 113.774 0.848
202203 1.124 117.646 1.199
202206 1.609 120.806 1.671
202209 1.664 120.648 1.730
202212 1.410 120.964 1.462
202303 -0.049 122.702 -0.050
202306 0.646 124.203 0.653
202309 1.480 125.230 1.483
202312 1.592 125.468 1.592

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


Suncor Energy  (NYSE:SU) 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.

Suncor Energy's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.41/2.08
=18.95

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Suncor Energy was 59.35. The lowest was 10.66. And the median was 21.10.


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.


Suncor Energy Cyclically Adjusted FCF per Share Related Terms

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


Suncor Energy (Suncor Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Suncor Energy Inc (NYSE:SU) » Definitions » Cyclically Adjusted FCF per Share
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Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.

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