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CVR Energy (CVR Energy) Cyclically Adjusted Price-to-FCF : 8.12 (As of Apr. 28, 2024)


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What is CVR Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), CVR Energy's current share price is $33.22. CVR Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.09. CVR Energy's Cyclically Adjusted Price-to-FCF for today is 8.12.

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

CVI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.72   Med: 8.09   Max: 15.63
Current: 8.11

During the past years, CVR Energy's highest Cyclically Adjusted Price-to-FCF was 15.63. The lowest was 2.72. And the median was 8.09.

CVI's Cyclically Adjusted Price-to-FCF is ranked better than
71.68% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs CVI: 8.11

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.

CVR Energy's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.945. 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 $4.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVR Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CVR Energy'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.

CVR Energy Cyclically Adjusted Price-to-FCF Chart

CVR Energy 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 9.66 3.99 4.86 8.78 7.40

CVR 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 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 8.78 9.36 8.03 7.96 7.40

Competitive Comparison of CVR Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, CVR 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.


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

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

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



CVR Energy 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.22/4.09
=8.12

* 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.

CVR Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CVR 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)
=-0.945/129.4194*129.4194
=-0.945

Current CPI (Dec. 2023) = 129.4194.

CVR Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.528 99.695 3.282
201406 0.820 100.560 1.055
201409 0.793 100.428 1.022
201412 0.720 99.070 0.941
201503 1.529 99.621 1.986
201506 1.809 100.684 2.325
201509 2.082 100.392 2.684
201512 -1.755 99.792 -2.276
201603 -0.298 100.470 -0.384
201606 0.150 101.688 0.191
201609 1.454 101.861 1.847
201612 0.238 101.863 0.302
201703 1.302 102.862 1.638
201706 0.818 103.349 1.024
201709 0.726 104.136 0.902
201712 -2.293 104.011 -2.853
201803 0.058 105.290 0.071
201806 2.131 106.317 2.594
201809 2.724 106.507 3.310
201812 0.666 105.998 0.813
201903 1.851 107.251 2.234
201906 1.184 108.070 1.418
201909 2.378 108.329 2.841
201912 0.438 108.420 0.523
202003 -1.144 108.902 -1.360
202006 -1.572 108.767 -1.870
202009 0.756 109.815 0.891
202012 0.040 109.897 0.047
202103 0.408 111.754 0.472
202106 0.537 114.631 0.606
202109 0.756 115.734 0.845
202112 -0.239 117.630 -0.263
202203 2.796 121.301 2.983
202206 2.736 125.017 2.832
202209 0.925 125.227 0.956
202212 0.438 125.222 0.453
202303 1.930 127.348 1.961
202306 2.687 128.729 2.701
202309 3.154 129.860 3.143
202312 -0.945 129.419 -0.945

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.


CVR Energy  (NYSE:CVI) 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.


CVR Energy Cyclically Adjusted Price-to-FCF Related Terms

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


CVR Energy (CVR Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (NYSE:CVI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.
Executives
Carl C Icahn director, 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iep Energy Holding Llc 10 percent owner 16690 COLLINS AVENUE, PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Wright Michael H. Jr. officer: EVP & Chief Operating Officer CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dane J. Neumann officer: Interim CFO, VP-Fin.&Treasurer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jeffrey D. Conaway officer: VP, CAO & Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Willetts director 16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Kapiljeet Dargan director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Charles Douglas Johnson officer: EVP & Chief Commercial Officer 2277 PLAZA DR., SUITE 500, SUGAR LAND TX 77479
Jaffrey Adam Firestone director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Lynn Landreth officer: EVP Chief Commercial Officer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Patricia A. Agnello director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Melissa M Buhrig officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley officer: CAO and Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479