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Prosafe SE (OSL:PRS) Cyclically Adjusted FCF per Share : kr-202,792.00 (As of Dec. 2023)


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What is Prosafe SE 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.

Prosafe SE's adjusted free cash flow per share for the three months ended in Dec. 2023 was kr-0.952. 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 kr-202,792.00 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -25.10% 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 Prosafe SE was -14.20% per year. The lowest was -32.80% per year. And the median was -25.20% per year.

As of today (2024-05-14), Prosafe SE's current stock price is kr30.90. Prosafe SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was kr-202,792.00. Prosafe SE's Cyclically Adjusted Price-to-FCF of today is .


Prosafe SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Prosafe SE'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.

Prosafe SE Cyclically Adjusted FCF per Share Chart

Prosafe SE 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 -89,449.10 -136,181.00 -157,851.00 -185,735.00 -202,792.00

Prosafe SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -185,735.00 -187,510.00 -189,364.00 -205,003.00 -202,792.00

Competitive Comparison of Prosafe SE's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Prosafe SE'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.


Prosafe SE's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Prosafe SE 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, Prosafe SE's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.952/131.9000*131.9000
=-0.952

Current CPI (Dec. 2023) = 131.9000.

Prosafe SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -16,188.000 97.300 -21,944.473
201406 -50,918.000 97.500 -68,882.915
201409 83,535.250 98.500 111,860.908
201412 53,123.750 98.600 71,065.138
201503 -444,533.200 99.200 -591,067.833
201506 -175,593.400 100.100 -231,376.318
201509 -215,811.250 100.600 -282,957.295
201512 -75,230.000 100.900 -98,343.280
201603 -745,157.200 102.500 -958,890.094
201606 518.795 103.800 659.240
201609 6,126.288 104.200 7,754.869
201612 6,795.850 104.400 8,585.945
201703 7,528.075 105.000 9,456.696
201706 1,361.970 105.800 1,697.957
201709 1,469.663 105.900 1,830.487
201712 4,030.934 106.100 5,011.123
201803 3,892.870 107.300 4,785.364
201806 3,267.548 108.500 3,972.254
201809 1,954.033 109.500 2,353.762
201812 1,783.252 109.800 2,142.176
201903 1,051.990 110.400 1,256.861
201906 -431.644 110.600 -514.773
201909 90.960 111.100 107.989
201912 173.182 111.300 205.235
202003 -1,489.495 111.200 -1,766.766
202006 -554.469 112.100 -652.404
202009 -1,180.680 112.900 -1,379.377
202012 -325.414 112.900 -380.178
202103 -1,556.364 114.600 -1,791.312
202106 -2,016.444 115.300 -2,306.756
202109 1,416.818 117.500 1,590.454
202112 28.723 118.900 31.863
202203 -5.605 119.800 -6.171
202206 -27.918 122.600 -30.036
202209 22.648 125.600 23.784
202212 23.325 125.900 24.437
202303 -9.152 127.600 -9.460
202306 -19.221 130.400 -19.442
202309 -16.122 129.800 -16.383
202312 -0.952 131.900 -0.952

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


Prosafe SE  (OSL:PRS) 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.


Prosafe SE Cyclically Adjusted FCF per Share Related Terms

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


Prosafe SE (OSL:PRS) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Cyclically Adjusted FCF per Share
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Forusparken 2, Stavanger, NOR, 4031
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.

Prosafe SE (OSL:PRS) Headlines