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TotalEnergies SE (TotalEnergies SE) Cyclically Adjusted FCF per Share : $3.93 (As of Mar. 2024)


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What is TotalEnergies SE 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.

TotalEnergies SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.529. 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 $3.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TotalEnergies SE's average Cyclically Adjusted FCF Growth Rate was 30.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 56.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 41.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 TotalEnergies SE was 56.80% per year. The lowest was -27.10% per year. And the median was -3.00% per year.

As of today (2024-05-03), TotalEnergies SE's current stock price is $71.40. TotalEnergies SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.93. TotalEnergies SE's Cyclically Adjusted Price-to-FCF of today is 18.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TotalEnergies SE was 128.21. The lowest was 15.92. And the median was 35.84.


TotalEnergies SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Cyclically Adjusted FCF per Share Chart

TotalEnergies SE 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 1.17 1.13 1.64 2.79 4.00

TotalEnergies SE 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 3.01 3.40 3.42 4.00 3.93

Competitive Comparison of TotalEnergies SE's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


TotalEnergies SE's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



TotalEnergies SE 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, TotalEnergies SE'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)
=-0.529/118.2300*118.2300
=-0.529

Current CPI (Mar. 2024) = 118.2300.

TotalEnergies SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.668 100.180 -0.788
201409 0.396 99.920 0.469
201412 0.007 99.860 0.008
201503 -1.555 100.170 -1.835
201506 -0.547 100.440 -0.644
201509 0.302 99.950 0.357
201512 -0.463 100.040 -0.547
201603 -0.945 100.020 -1.117
201606 -0.499 100.630 -0.586
201609 0.249 100.340 0.293
201612 0.524 100.650 0.616
201703 0.809 101.170 0.945
201706 0.511 101.320 0.596
201709 0.490 101.330 0.572
201712 1.433 101.850 1.663
201803 -1.396 102.750 -1.606
201806 1.014 103.370 1.160
201809 0.892 103.560 1.018
201812 2.309 103.470 2.638
201903 0.348 103.890 0.396
201906 1.235 104.580 1.396
201909 2.248 104.500 2.543
201912 0.974 104.980 1.097
202003 -0.409 104.590 -0.462
202006 0.412 104.790 0.465
202009 0.832 104.550 0.941
202012 0.640 104.960 0.721
202103 1.182 105.750 1.321
202106 1.768 106.340 1.966
202109 1.082 106.810 1.198
202112 2.657 107.850 2.913
202203 1.573 110.490 1.683
202206 4.264 112.550 4.479
202209 5.787 112.740 6.069
202212 0.592 114.160 0.613
202303 0.066 116.790 0.067
202306 2.434 117.650 2.446
202309 2.335 118.260 2.334
202312 4.615 118.230 4.615
202403 -0.529 118.230 -0.529

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


TotalEnergies SE  (NYSE:TTE) 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.

TotalEnergies SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=71.40/3.93
=18.17

* 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 TotalEnergies SE was 128.21. The lowest was 15.92. And the median was 35.84.


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.


TotalEnergies SE Cyclically Adjusted FCF per Share Related Terms

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


TotalEnergies SE (TotalEnergies SE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (NYSE:TTE) » Definitions » Cyclically Adjusted FCF per Share
Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.