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China Oilfield Services (China Oilfield Services) Cyclically Adjusted FCF per Share : $0.02 (As of Mar. 2024)


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What is China Oilfield Services 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.

China Oilfield Services's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.070. 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 $0.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Oilfield Services's average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% 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 China Oilfield Services was 48.70% per year. The lowest was -4.60% per year. And the median was 22.60% per year.

As of today (2024-06-09), China Oilfield Services's current stock price is $1.001. China Oilfield Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.02. China Oilfield Services's Cyclically Adjusted Price-to-FCF of today is 50.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Oilfield Services was 284.88. The lowest was 25.83. And the median was 41.44.


China Oilfield Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for China Oilfield Services'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.

China Oilfield Services Cyclically Adjusted FCF per Share Chart

China Oilfield Services 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 0.03 0.03 0.03 0.03 0.04

China Oilfield Services 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 0.03 0.03 0.03 0.04 0.02

Competitive Comparison of China Oilfield Services's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, China Oilfield Services'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.


China Oilfield Services's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where China Oilfield Services's Cyclically Adjusted Price-to-FCF falls into.



China Oilfield Services 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, China Oilfield Services'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)
=-0.07/115.2271*115.2271
=-0.070

Current CPI (Mar. 2024) = 115.2271.

China Oilfield Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.058 98.200 0.068
201409 0.046 98.900 0.054
201412 -0.067 99.000 -0.078
201503 -0.040 99.900 -0.046
201506 -0.027 99.500 -0.031
201509 0.051 100.500 0.058
201512 0.034 100.600 0.039
201603 0.010 102.200 0.011
201606 -0.041 101.400 -0.047
201609 -0.010 102.400 -0.011
201612 0.056 102.600 0.063
201703 -0.024 103.200 -0.027
201706 -0.015 103.100 -0.017
201709 0.009 104.100 0.010
201712 0.084 104.500 0.093
201803 -0.034 105.300 -0.037
201806 -0.021 104.900 -0.023
201809 -0.016 106.600 -0.017
201812 0.105 106.500 0.114
201903 -0.020 107.700 -0.021
201906 -0.067 107.700 -0.072
201909 0.060 109.800 0.063
201912 0.149 111.200 0.154
202003 0.028 112.300 0.029
202006 -0.068 110.400 -0.071
202009 -0.022 111.700 -0.023
202012 0.176 111.500 0.182
202103 -0.051 112.662 -0.052
202106 -0.056 111.769 -0.058
202109 0.045 112.215 0.046
202112 0.187 113.108 0.191
202203 -0.093 114.335 -0.094
202206 -0.017 114.558 -0.017
202209 0.037 115.339 0.037
202212 0.150 115.116 0.150
202303 -0.035 115.116 -0.035
202306 0.017 114.558 0.017
202309 0.052 115.339 0.052
202312 0.069 114.781 0.069
202403 -0.070 115.227 -0.070

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


China Oilfield Services  (OTCPK:CHOLF) 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.

China Oilfield Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.001/0.02
=50.05

* 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 China Oilfield Services was 284.88. The lowest was 25.83. And the median was 41.44.


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.


China Oilfield Services Cyclically Adjusted FCF per Share Related Terms

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


China Oilfield Services (China Oilfield Services) Business Description

Industry
Traded in Other Exchanges
Address
201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments; the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.