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Odyssey Marine Exploration (Odyssey Marine Exploration) Cyclically Adjusted FCF per Share : $-1.60 (As of Mar. 2024)


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What is Odyssey Marine Exploration 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.

Odyssey Marine Exploration's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.067. 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 $-1.60 for the trailing ten years ended in Mar. 2024.

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 Odyssey Marine Exploration was 12.60% per year. The lowest was -8.90% per year. And the median was 0.70% per year.

As of today (2024-05-22), Odyssey Marine Exploration's current stock price is $3.95. Odyssey Marine Exploration's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-1.60. Odyssey Marine Exploration's Cyclically Adjusted Price-to-FCF of today is .


Odyssey Marine Exploration Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Odyssey Marine Exploration'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.

Odyssey Marine Exploration Cyclically Adjusted FCF per Share Chart

Odyssey Marine Exploration 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 -2.22 -2.03 -1.88 -1.92 -

Odyssey Marine Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -1.92 -1.60 -1.43 - -1.60

Competitive Comparison of Odyssey Marine Exploration's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Odyssey Marine Exploration'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.


Odyssey Marine Exploration's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Odyssey Marine Exploration's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Odyssey Marine Exploration's Cyclically Adjusted Price-to-FCF falls into.



Odyssey Marine Exploration 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, Odyssey Marine Exploration'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)
=-0.067/131.7762*131.7762
=-0.067

Current CPI (Mar. 2024) = 131.7762.

Odyssey Marine Exploration Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.727 99.695 -2.283
201406 -0.976 100.560 -1.279
201409 -0.966 100.428 -1.268
201412 -0.797 99.070 -1.060
201503 -0.604 99.621 -0.799
201506 -1.054 100.684 -1.379
201509 -0.428 100.392 -0.562
201512 -0.239 99.792 -0.316
201603 -0.357 100.470 -0.468
201606 -0.349 101.688 -0.452
201609 -0.171 101.861 -0.221
201612 -0.234 101.863 -0.303
201703 -0.158 102.862 -0.202
201706 -0.209 103.349 -0.266
201709 -0.189 104.136 -0.239
201712 -0.156 104.011 -0.198
201803 -0.239 105.290 -0.299
201806 -0.142 106.317 -0.176
201809 -0.137 106.507 -0.170
201812 -0.233 105.998 -0.290
201903 -0.159 107.251 -0.195
201906 -0.081 108.070 -0.099
201909 -0.154 108.329 -0.187
201912 -0.189 108.420 -0.230
202003 -0.158 108.902 -0.191
202006 -0.114 108.767 -0.138
202009 -0.276 109.815 -0.331
202012 -0.294 109.897 -0.353
202103 -0.113 111.754 -0.133
202106 -0.108 114.631 -0.124
202109 -0.098 115.734 -0.112
202112 -0.090 117.630 -0.101
202203 -0.120 121.301 -0.130
202206 -0.085 125.017 -0.090
202209 -0.169 125.227 -0.178
202212 -0.273 125.222 -0.287
202303 -0.226 127.348 -0.234
202306 -0.149 128.729 -0.153
202312 0.000 129.419 0.000
202403 -0.067 131.776 -0.067

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


Odyssey Marine Exploration  (NAS:OMEX) 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.


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.


Odyssey Marine Exploration Cyclically Adjusted FCF per Share Related Terms

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


Odyssey Marine Exploration (Odyssey Marine Exploration) Business Description

Traded in Other Exchanges
Address
205 South Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It is engaged in the discovery, validation, and development of subsea mineral deposits in a socially and environmentally responsible manner. The company works with governments worldwide to identify mineral resources in Exclusive Economic Zones, focusing on phosphorite (fertilizer) and polymetallic nodule (battery metals) projects.
Executives
John Abbott director 101 20TH ST, APT 2706, MIAMI FL 33139
Laura Lionetti Barton officer: EVP, Secretary, Corp Comm 5215 WEST LAUREL STREET, TAMPA FL 33607
Mark B Justh director 5215 WEST LAUREL STREET, TAMPA FL 33607
Christopher Emlyn Jones officer: Chief Financial Officer 205 S HOOVER BLVD STE 210, #210, TAMPA FL 33609
Fourworld Capital Management Llc 10 percent owner 7 WORLD TRADE CENTER, FL. 46, NEW YORK NY 10007
John Addis 10 percent owner 7 WORLD TRADE CENTER, FLOOR 46, NEW YORK NY 10007
Todd E Siegel director 2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Longley John D Jr officer: Chief Operating Officer 5215 WEST LAUREL STREET, TAMPA FL 33607
Jon D Sawyer director 29491 CAMELBACK DRIVE, EVERGREEN CO 80439
James S Pignatelli director 2300 E SLINGSHOT WAY, KAMAS UT 84036
Mark Gordon director, officer: CEO and President 5215 WEST LAUREL STREET, TAMPA FL 33607
Jay Nudi officer: CFO/Treasurer 5215 WEST LAUREL STREET, TAMPA FL 33607
David J Saul director 18 DEVONSHIRE BAY ROAD, DEVONSHIRE D0 DV07
Philip S Devine officer: Chief Financial Officer 5215 WEST LAUREL STREET, TAMPA FL 33607
Michael J Holmes officer: Chief Financial Officer 5215 W LAUREL ST, TAMPA FL 33607