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Galp Energia SGPS (XLIS:GALP) Cyclically Adjusted FCF per Share : €0.75 (As of Dec. 2023)


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What is Galp Energia SGPS 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.

Galp Energia SGPS's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.351. 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 €0.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Galp Energia SGPS's average Cyclically Adjusted FCF Growth Rate was 21.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% 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 Galp Energia SGPS was 13.70% per year. The lowest was 0.70% per year. And the median was 4.70% per year.

As of today (2024-04-27), Galp Energia SGPS's current stock price is €20.54. Galp Energia SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.75. Galp Energia SGPS's Cyclically Adjusted Price-to-FCF of today is 27.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Galp Energia SGPS was 38.03. The lowest was 13.64. And the median was 20.09.


Galp Energia SGPS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Cyclically Adjusted FCF per Share Chart

Galp Energia SGPS 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 0.54 0.51 0.48 0.62 0.75

Galp Energia SGPS 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 0.62 0.65 0.69 0.74 0.75

Competitive Comparison of Galp Energia SGPS's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.


Galp Energia SGPS's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Galp Energia SGPS 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, Galp Energia SGPS'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)
=0.351/118.0324*118.0324
=0.351

Current CPI (Dec. 2023) = 118.0324.

Galp Energia SGPS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.119 99.788 -0.141
201406 -0.001 99.967 -0.001
201409 0.114 99.617 0.135
201412 -0.051 99.723 -0.060
201503 0.072 100.097 0.085
201506 0.293 100.769 0.343
201509 0.160 100.489 0.188
201512 0.035 100.119 0.041
201603 -0.042 100.547 -0.049
201606 0.082 101.319 0.096
201609 -0.112 101.122 -0.131
201612 0.237 100.998 0.277
201703 0.027 101.924 0.031
201706 0.428 102.240 0.494
201709 0.148 102.527 0.170
201712 0.119 102.479 0.137
201803 0.127 102.626 0.146
201806 0.519 103.790 0.590
201809 0.152 103.960 0.173
201812 -0.214 103.159 -0.245
201903 0.339 103.495 0.387
201906 0.452 104.192 0.512
201909 0.024 103.844 0.027
201912 0.141 103.592 0.161
202003 -0.012 103.544 -0.014
202006 -0.167 104.323 -0.189
202009 0.358 103.699 0.407
202012 0.113 103.354 0.129
202103 0.160 104.014 0.182
202106 0.348 104.852 0.392
202109 0.562 105.232 0.630
202112 -0.925 106.191 -1.028
202203 0.086 109.559 0.093
202206 0.618 114.003 0.640
202209 -0.106 114.999 -0.109
202212 0.902 116.377 0.915
202303 0.385 117.701 0.386
202306 0.752 117.872 0.753
202309 0.595 119.111 0.590
202312 0.351 118.032 0.351

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


Galp Energia SGPS  (XLIS:GALP) 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.

Galp Energia SGPS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.54/0.75
=27.39

* 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 Galp Energia SGPS was 38.03. The lowest was 13.64. And the median was 20.09.


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.


Galp Energia SGPS Cyclically Adjusted FCF per Share Related Terms

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


Galp Energia SGPS (XLIS:GALP) Business Description

Industry
Traded in Other Exchanges
Address
Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209
Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (XLIS:GALP) Headlines

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