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CNX Resources (CNX Resources) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is CNX Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CNX Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CNX Resources'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.

CNX Resources Cyclically Adjusted Price-to-FCF Chart

CNX Resources 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 - - - - 68.97

CNX Resources 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 - - 667.45 68.97 -

Competitive Comparison of CNX Resources's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, CNX Resources'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.


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

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

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



CNX Resources 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.

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

For example, CNX Resources'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)
=0.108/129.4194*129.4194
=0.108

Current CPI (Mar. 2024) = 129.4194.

CNX Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.640 100.560 -0.824
201409 -0.271 100.428 -0.349
201412 -0.854 99.070 -1.116
201503 -0.258 99.621 -0.335
201506 -1.148 100.684 -1.476
201509 -0.600 100.392 -0.773
201512 0.573 99.792 0.743
201603 0.228 100.470 0.294
201606 0.252 101.688 0.321
201609 0.427 101.861 0.543
201612 0.360 101.863 0.457
201703 0.469 102.862 0.590
201706 -0.247 103.349 -0.309
201709 0.139 104.136 0.173
201712 -0.290 104.011 -0.361
201803 0.120 105.290 0.148
201806 -0.332 106.317 -0.404
201809 -0.274 106.507 -0.333
201812 -0.622 105.998 -0.759
201903 0.048 107.251 0.058
201906 -0.400 108.070 -0.479
201909 -0.163 108.329 -0.195
201912 -0.571 108.420 -0.682
202003 0.617 108.902 0.733
202006 0.048 108.767 0.057
202009 0.578 109.815 0.681
202012 0.307 109.897 0.362
202103 0.421 111.754 0.488
202106 0.501 114.631 0.566
202109 0.545 115.734 0.609
202112 0.654 117.630 0.720
202203 1.071 121.301 1.143
202206 0.246 125.017 0.255
202209 0.698 125.227 0.721
202212 1.522 125.222 1.573
202303 0.399 127.348 0.405
202306 0.014 128.729 0.014
202309 0.002 129.860 0.002
202312 0.287 129.419 0.287
202403 0.108 129.419 0.108

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.


CNX Resources  (NYSE:CNX) 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.


CNX Resources Cyclically Adjusted Price-to-FCF Related Terms

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


CNX Resources (CNX Resources) Business Description

Industry
Traded in Other Exchanges
Address
1000 Horizon Vue Drive, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
Executives
Bernard Jr Lanigan director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Navneet Behl officer: Chief Operating Officer 1000 HORIZON VUE DRIVE, CANONSBURG PA 15317
Robert Agbede director 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Hayley Scott officer: Chief Risk Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ravi Srivastava officer: Vice President, Green Ventures 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Alexander John Reyes officer: EVP, GC & Corp. Sec. CNX CENTER, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Donald W. Rush officer: EVP & Chief Financial Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Alan K Shepard officer: Vice President and CAO 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA 15317
N J Deiuliis director, officer: President and CEO 1800 WASHINGTON RD., PITTSBURGH PA 15421-4000
Stephanie L Gill officer: SVP, GC and Secretary C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Olayemi Akinkugbe officer: Chief Excellence Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ian R Mcguire director PO BOX 1526, ROSS CA 94957
J. Palmer Clarkson director 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Chad A Griffith officer: VP Commercial & VP Marketing 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Andrea D. Passman officer: Sr VP Engineering & Operations 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317