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Viper Energy (Viper Energy) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Viper Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Viper 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.

Viper Energy Cyclically Adjusted Price-to-FCF Chart

Viper Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Viper Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Viper Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Viper 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.


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

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

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



Viper 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.

Viper Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Viper Energy'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)
=1.08/131.7762*131.7762
=1.080

Current CPI (Mar. 2024) = 131.7762.

Viper Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.120 100.560 0.157
201409 -0.545 100.428 -0.715
201412 0.269 99.070 0.358
201503 0.183 99.621 0.242
201506 0.196 100.684 0.257
201509 0.198 100.392 0.260
201512 0.224 99.792 0.296
201603 0.173 100.470 0.227
201606 0.061 101.688 0.079
201609 -1.293 101.861 -1.673
201612 -0.522 101.863 -0.675
201703 0.184 102.862 0.236
201706 -0.806 103.349 -1.028
201709 -1.321 104.136 -1.672
201712 0.019 104.011 0.024
201803 -0.884 105.290 -1.106
201806 -0.546 106.317 -0.677
201809 -3.904 106.507 -4.830
201812 -0.793 105.998 -0.986
201903 -0.639 107.251 -0.785
201906 0.191 108.070 0.233
201909 -2.105 108.329 -2.561
201912 -2.089 108.420 -2.539
202003 0.464 108.902 0.561
202006 0.282 108.767 0.342
202009 0.414 109.815 0.497
202012 0.776 109.897 0.930
202103 0.835 111.754 0.985
202106 1.146 114.631 1.317
202109 0.998 115.734 1.136
202112 -2.111 117.630 -2.365
202203 1.759 121.301 1.911
202206 2.117 125.017 2.231
202209 2.322 125.227 2.443
202212 2.178 125.222 2.292
202303 -0.128 127.348 -0.132
202306 1.900 128.729 1.945
202309 2.660 129.860 2.699
202312 -7.206 129.419 -7.337
202403 1.080 131.776 1.080

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.


Viper Energy  (NAS:VNOM) 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.


Viper Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Viper Energy (Viper Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (NAS:VNOM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.
Executives
Bx Swt Ml Holdco Llc 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Laurie H Argo director 1100 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Frank C. Hu director 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Armour Spencer D Iii director 400 W. ILLINOIS, SUITE 800, MIDLAND TX 79701
Bx Guidon Topco Llc 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Matt Zmigrosky officer: Exec. VP and General Counsel 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Bx Swallowtail Royalties Holding Llc 10 percent owner C/O THE BLACKSTONE GROUP INC., NEW YORK NY 10154
Swallowtail Royalties Ii Llc 10 percent owner 7750 N. MACARTHUR BLVD., STE. 120-370, IRVING TX 75063
Swallowtail Royalties Llc 10 percent owner 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062
Swallowtail Royalties Holdings Llc 10 percent owner 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062
Guidon Energy Holdings Lp 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Guidon Energy Holdings Gp Llc 10 percent owner C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Blackstone Ema Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154

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