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Ultrapar Participacoes (Ultrapar Participacoes) Cyclically Adjusted Price-to-FCF : 19.33 (As of Apr. 27, 2024)


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What is Ultrapar Participacoes Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Ultrapar Participacoes's current share price is $5.22. Ultrapar Participacoes's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.27. Ultrapar Participacoes's Cyclically Adjusted Price-to-FCF for today is 19.33.

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

UGP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.39   Med: 19.44   Max: 37.68
Current: 20.27

During the past years, Ultrapar Participacoes's highest Cyclically Adjusted Price-to-FCF was 37.68. The lowest was 5.39. And the median was 19.44.

UGP's Cyclically Adjusted Price-to-FCF is ranked worse than
61.99% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs UGP: 20.27

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.

Ultrapar Participacoes's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.224. 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 $0.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrapar Participacoes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Cyclically Adjusted Price-to-FCF Chart

Ultrapar Participacoes 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 13.75 11.31 13.14 11.42 20.42

Ultrapar Participacoes 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 11.42 12.95 16.80 15.11 20.42

Competitive Comparison of Ultrapar Participacoes's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


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

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

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



Ultrapar Participacoes 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.22/0.27
=19.33

* 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.

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

For example, Ultrapar Participacoes'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)
=0.224/156.2729*156.2729
=0.224

Current CPI (Dec. 2023) = 156.2729.

Ultrapar Participacoes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.073 90.447 -0.126
201406 0.065 91.838 0.111
201409 0.088 92.602 0.149
201412 0.230 94.194 0.382
201503 0.009 97.799 0.014
201506 0.015 100.006 0.023
201509 0.055 101.392 0.085
201512 0.266 104.247 0.399
201603 -0.116 106.979 -0.169
201606 0.063 108.851 0.090
201609 0.038 109.986 0.054
201612 0.134 110.802 0.189
201703 -0.006 111.869 -0.008
201706 0.048 112.115 0.067
201709 0.002 112.777 0.003
201712 -0.046 114.068 -0.063
201803 -0.065 114.868 -0.088
201806 0.044 117.038 0.059
201809 0.049 117.881 0.065
201812 0.252 118.340 0.333
201903 0.061 120.124 0.079
201906 0.089 120.977 0.115
201909 0.060 121.292 0.077
201912 0.087 123.436 0.110
202003 0.133 124.092 0.167
202006 0.054 123.557 0.068
202009 0.044 125.095 0.055
202012 0.054 129.012 0.065
202103 -0.017 131.660 -0.020
202106 0.153 133.871 0.179
202109 0.050 137.913 0.057
202112 0.045 141.992 0.050
202203 -0.255 146.537 -0.272
202206 0.019 149.784 0.020
202209 0.160 147.800 0.169
202212 0.199 150.207 0.207
202303 -0.170 153.352 -0.173
202306 0.131 154.519 0.132
202309 0.292 155.464 0.294
202312 0.224 156.273 0.224

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.


Ultrapar Participacoes  (NYSE:UGP) 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.


Ultrapar Participacoes Cyclically Adjusted Price-to-FCF Related Terms

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


Ultrapar Participacoes (Ultrapar Participacoes) Business Description

Industry
Address
Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.