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Delek US Holdings (Delek US Holdings) Cyclically Adjusted FCF per Share : $2.00 (As of Mar. 2024)


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What is Delek US Holdings 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.

Delek US Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.854. 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 $2.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Delek US Holdings's average Cyclically Adjusted FCF Growth Rate was 203.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% 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 Delek US Holdings was 29.70% per year. The lowest was -32.60% per year. And the median was 12.10% per year.

As of today (2024-06-11), Delek US Holdings's current stock price is $24.88. Delek US Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.00. Delek US Holdings's Cyclically Adjusted Price-to-FCF of today is 12.44.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Delek US Holdings was 116.84. The lowest was 6.33. And the median was 28.47.


Delek US Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Delek US Holdings'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.

Delek US Holdings Cyclically Adjusted FCF per Share Chart

Delek US Holdings 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 1.63 0.86 1.01 0.50 1.67

Delek US Holdings 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 0.66 0.85 1.59 1.67 2.00

Competitive Comparison of Delek US Holdings's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Delek US Holdings'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.


Delek US Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Delek US Holdings's Cyclically Adjusted Price-to-FCF falls into.



Delek US Holdings 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, Delek US Holdings'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)
=1.854/131.7762*131.7762
=1.854

Current CPI (Mar. 2024) = 131.7762.

Delek US Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.156 100.560 1.515
201409 0.202 100.428 0.265
201412 1.341 99.070 1.784
201503 -2.393 99.621 -3.165
201506 1.373 100.684 1.797
201509 1.151 100.392 1.511
201512 -0.559 99.792 -0.738
201603 0.954 100.470 1.251
201606 1.260 101.688 1.633
201609 -0.721 101.861 -0.933
201612 1.751 101.863 2.265
201703 -1.058 102.862 -1.355
201706 -0.253 103.349 -0.323
201709 0.497 104.136 0.629
201712 2.233 104.011 2.829
201803 -3.201 105.290 -4.006
201806 -0.178 106.317 -0.221
201809 2.818 106.507 3.487
201812 3.234 105.998 4.020
201903 0.120 107.251 0.147
201906 0.338 108.070 0.412
201909 1.406 108.329 1.710
201912 0.005 108.420 0.006
202003 -4.675 108.902 -5.657
202006 -2.935 108.767 -3.556
202009 -1.133 109.815 -1.360
202012 1.207 109.897 1.447
202103 -1.126 111.754 -1.328
202106 1.145 114.631 1.316
202109 0.601 115.734 0.684
202112 1.374 117.630 1.539
202203 -0.069 121.301 -0.075
202206 6.823 125.017 7.192
202209 0.489 125.227 0.515
202212 -5.896 125.222 -6.205
202303 2.719 127.348 2.814
202306 0.427 128.729 0.437
202309 5.661 129.860 5.745
202312 0.120 129.419 0.122
202403 1.854 131.776 1.854

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


Delek US Holdings  (NYSE:DK) 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.

Delek US Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.88/2
=12.44

* 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 Delek US Holdings was 116.84. The lowest was 6.33. And the median was 28.47.


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.


Delek US Holdings Cyclically Adjusted FCF per Share Related Terms

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


Delek US Holdings (Delek US Holdings) Business Description

Industry
Traded in Other Exchanges
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation, and storage; wholesale crude oil, intermediate, and refined products, and convenience store retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. Delek's logistics segment sells portions of the petroleum products its refineries produce. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
Executives
Reuven Spiegel officer: EVP, Finance 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Laurie Z. Tolson director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Avigal Soreq officer: EVP / CCO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Leonardo Moreno director 4300 WILSON BLVD., ARLINGTON VA 22203
Nithia Thaver officer: EVP, Refining 7102 COMMERCE WAY, BRENTWOOD TN 37027
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Cvr Energy Inc 10 percent owner 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Todd O'malley officer: EVP, Chief Commercial Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Richard J Marcogliese director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
William J Finnerty director 12490 ARBOR HILL STREET, MOORPARK CA 93021
Abigail K Yates officer: General Counsel, EVP Secretary 7102 COMMERCE WAY, BRENTWOOD TN 37027