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Subsea 7 (Subsea 7) Cyclically Adjusted Price-to-FCF : 21.76 (As of Jun. 09, 2024)


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What is Subsea 7 Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Subsea 7's current share price is $17.41. Subsea 7's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.80. Subsea 7's Cyclically Adjusted Price-to-FCF for today is 21.76.

The historical rank and industry rank for Subsea 7's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SUBCY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.03   Med: 18.59   Max: 481.92
Current: 21.92

During the past years, Subsea 7's highest Cyclically Adjusted Price-to-FCF was 481.92. The lowest was 9.03. And the median was 18.59.

SUBCY's Cyclically Adjusted Price-to-FCF is ranked worse than
66.33% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs SUBCY: 21.92

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.

Subsea 7's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.319. 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 $0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subsea 7 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Subsea 7'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.

Subsea 7 Cyclically Adjusted Price-to-FCF Chart

Subsea 7 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 20.98 16.35 9.39 13.05 16.86

Subsea 7 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.39 18.79 18.60 16.86 20.08

Competitive Comparison of Subsea 7's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Subsea 7's Cyclically Adjusted Price-to-FCF falls into.



Subsea 7 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.

Subsea 7's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.41/0.8
=21.76

* 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.

Subsea 7's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Subsea 7'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)
=-0.319/131.6000*131.6000
=-0.319

Current CPI (Mar. 2024) = 131.6000.

Subsea 7 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.854 99.800 1.126
201409 0.393 100.000 0.517
201412 0.449 99.900 0.591
201503 -0.790 99.600 -1.044
201506 0.381 100.100 0.501
201509 0.642 100.200 0.843
201512 0.995 100.400 1.304
201603 0.580 100.400 0.760
201606 0.217 101.000 0.283
201609 0.474 101.500 0.615
201612 0.890 102.200 1.146
201703 0.092 102.700 0.118
201706 0.005 103.500 0.006
201709 0.112 104.300 0.141
201712 -0.050 105.000 -0.063
201803 -0.222 105.100 -0.278
201806 -0.017 105.900 -0.021
201809 0.354 106.600 0.437
201812 0.437 107.100 0.537
201903 -0.031 107.000 -0.038
201906 -0.033 107.900 -0.040
201909 0.127 108.400 0.154
201912 0.269 108.500 0.326
202003 -0.036 108.600 -0.044
202006 0.625 108.800 0.756
202009 0.342 109.200 0.412
202012 -0.042 109.400 -0.051
202103 0.157 109.700 0.188
202106 -0.064 111.400 -0.076
202109 -0.147 112.400 -0.172
202112 0.477 114.700 0.547
202203 -0.047 116.500 -0.053
202206 0.144 120.500 0.157
202209 0.450 122.300 0.484
202212 0.327 125.300 0.343
202303 -0.751 126.800 -0.779
202306 -0.756 129.400 -0.769
202309 0.738 130.100 0.747
202312 1.005 130.500 1.013
202403 -0.319 131.600 -0.319

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.


Subsea 7  (OTCPK:SUBCY) 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.


Subsea 7 Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Subsea 7's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Subsea 7 (Subsea 7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OTCPK:SUBCY) » Definitions » Cyclically Adjusted Price-to-FCF
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

Subsea 7 (Subsea 7) Headlines

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