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Aker BP ASA (OSL:AKRBP) Cyclically Adjusted FCF per Share : kr25.63 (As of Mar. 2024)


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What is Aker BP ASA 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.

Aker BP ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr6.653. 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 kr25.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aker BP ASA's average Cyclically Adjusted FCF Growth Rate was 24.20% 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.

As of today (2024-06-10), Aker BP ASA's current stock price is kr259.40. Aker BP ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr25.63. Aker BP ASA's Cyclically Adjusted Price-to-FCF of today is 10.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Aker BP ASA was 261.31. The lowest was 10.10. And the median was 24.27.


Aker BP ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aker BP ASA'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.

Aker BP ASA Cyclically Adjusted FCF per Share Chart

Aker BP ASA 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 -1.84 -0.35 6.73 17.90 23.88

Aker BP ASA 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 20.64 20.80 23.06 23.88 25.63

Competitive Comparison of Aker BP ASA's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Aker BP ASA'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.


Aker BP ASA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Aker BP ASA's Cyclically Adjusted Price-to-FCF falls into.



Aker BP ASA 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, Aker BP ASA'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)
=6.653/132.6000*132.6000
=6.653

Current CPI (Mar. 2024) = 132.6000.

Aker BP ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -5.072 97.500 -6.898
201409 -6.583 98.500 -8.862
201412 0.555 98.600 0.746
201503 0.820 99.200 1.096
201506 -6.935 100.100 -9.187
201509 0.220 100.600 0.290
201512 -7.953 100.900 -10.452
201603 -1.746 102.500 -2.259
201606 -8.020 103.800 -10.245
201609 -0.249 104.200 -0.317
201612 0.407 104.400 0.517
201703 4.428 105.000 5.592
201706 3.883 105.800 4.867
201709 10.954 105.900 13.716
201712 6.369 106.100 7.960
201803 6.563 107.300 8.110
201806 6.376 108.500 7.792
201809 7.154 109.500 8.663
201812 23.843 109.800 28.794
201903 2.393 110.400 2.874
201906 -2.750 110.600 -3.297
201909 -4.185 111.100 -4.995
201912 -0.165 111.300 -0.197
202003 5.956 111.200 7.102
202006 -5.148 112.100 -6.089
202009 7.470 112.900 8.773
202012 8.152 112.900 9.574
202103 15.548 114.600 17.990
202106 15.765 115.300 18.130
202109 15.766 117.500 17.792
202112 18.552 118.900 20.690
202203 24.343 119.800 26.944
202206 22.746 122.600 24.601
202209 30.464 125.600 32.162
202212 3.104 125.900 3.269
202303 16.757 127.600 17.414
202306 -10.361 130.400 -10.536
202309 20.430 129.800 20.871
202312 6.634 131.900 6.669
202403 6.653 132.600 6.653

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


Aker BP ASA  (OSL:AKRBP) 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.

Aker BP ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=259.40/25.63
=10.12

* 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 Aker BP ASA was 261.31. The lowest was 10.10. And the median was 24.27.


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.


Aker BP ASA Cyclically Adjusted FCF per Share Related Terms

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


Aker BP ASA (OSL:AKRBP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OSL:AKRBP) » Definitions » Cyclically Adjusted FCF per Share
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

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