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Galp Energia SGPS (XLIS:GALP) Cyclically Adjusted Price-to-FCF : 27.39 (As of Apr. 27, 2024)


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What is Galp Energia SGPS Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Galp Energia SGPS's current share 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 for today is 27.39.

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

XLIS:GALP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.64   Med: 20.09   Max: 38.03
Current: 21.4

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

XLIS:GALP's Cyclically Adjusted Price-to-FCF is ranked worse than
63.78% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs XLIS:GALP: 21.40

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 adjusted free cash flow per share data 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 10 will get our Cyclically Adjusted FCF per Share, which is €0.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Galp Energia SGPS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Cyclically Adjusted Price-to-FCF Chart

Galp Energia SGPS 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 27.48 17.17 17.63 20.39 17.80

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 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 20.39 16.11 15.56 18.99 17.80

Competitive Comparison of Galp Energia SGPS's Cyclically Adjusted Price-to-FCF

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 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.

Galp Energia SGPS's Cyclically Adjusted Price-to-FCF for 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.

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

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.

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.


Galp Energia SGPS  (XLIS:GALP) 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.


Galp Energia SGPS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Galp Energia SGPS's Cyclically Adjusted Price-to-FCF 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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