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Union Pacific (HAM:UNP) Cyclically Adjusted FCF per Share : €7.14 (As of Mar. 2024)


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What is Union Pacific 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.

Union Pacific's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.998. 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 €7.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Union Pacific's average Cyclically Adjusted FCF Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% 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 Union Pacific was 44.90% per year. The lowest was -24.10% per year. And the median was 17.10% per year.

As of today (2024-05-23), Union Pacific's current stock price is €215.45. Union Pacific's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.14. Union Pacific's Cyclically Adjusted Price-to-FCF of today is 30.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Union Pacific was 86.42. The lowest was 26.78. And the median was 41.92.


Union Pacific Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Union Pacific'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.

Union Pacific Cyclically Adjusted FCF per Share Chart

Union Pacific 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 3.90 4.03 5.33 6.63 6.84

Union Pacific Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.51 6.78 7.13 6.84 7.14

Competitive Comparison of Union Pacific's Cyclically Adjusted FCF per Share

For the Railroads subindustry, Union Pacific'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.


Union Pacific's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Union Pacific's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Union Pacific 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, Union Pacific'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)
=1.998/131.7762*131.7762
=1.998

Current CPI (Mar. 2024) = 131.7762.

Union Pacific Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 100.560 0.297
201409 0.847 100.428 1.111
201412 0.826 99.070 1.099
201503 1.008 99.621 1.333
201506 0.614 100.684 0.804
201509 0.757 100.392 0.994
201512 0.421 99.792 0.556
201603 1.576 100.470 2.067
201606 0.476 101.688 0.617
201609 0.994 101.861 1.286
201612 1.333 101.863 1.724
201703 1.230 102.862 1.576
201706 0.880 103.349 1.122
201709 1.209 104.136 1.530
201712 1.044 104.011 1.323
201803 1.031 105.290 1.290
201806 1.601 106.317 1.984
201809 1.766 106.507 2.185
201812 1.563 105.998 1.943
201903 1.485 107.251 1.825
201906 1.416 108.070 1.727
201909 1.849 108.329 2.249
201912 1.796 108.420 2.183
202003 1.778 108.902 2.151
202006 1.889 108.767 2.289
202009 1.137 109.815 1.364
202012 2.333 109.897 2.797
202103 1.785 111.754 2.105
202106 2.021 114.631 2.323
202109 1.999 115.734 2.276
202112 2.120 117.630 2.375
202203 1.989 121.301 2.161
202206 1.711 125.017 1.804
202209 3.019 125.227 3.177
202212 2.095 125.222 2.205
202303 1.631 127.348 1.688
202306 1.791 128.729 1.833
202309 1.769 129.860 1.795
202312 2.061 129.419 2.099
202403 1.998 131.776 1.998

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


Union Pacific  (HAM:UNP) 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.

Union Pacific's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=215.45/7.14
=30.18

* 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 Union Pacific was 86.42. The lowest was 26.78. And the median was 41.92.


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.


Union Pacific Cyclically Adjusted FCF per Share Related Terms

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


Union Pacific (HAM:UNP) Business Description

Industry
Address
1400 Douglas Street, Omaha, NE, USA, 68179
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the U.S., UP generated $25 billion of revenue in 2022 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and derives roughly 10% of its revenue hauling freight to and from Mexico.