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Petrovietnam Drilling & Well Service (STC:PVD) Cyclically Adjusted FCF per Share : ₫344.04 (As of Mar. 2024)


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What is Petrovietnam Drilling & Well Service 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.

Petrovietnam Drilling & Well Service's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₫-482.541. 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 ₫344.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Petrovietnam Drilling & Well Service's average Cyclically Adjusted FCF Growth Rate was -60.40% 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.

As of today (2024-05-15), Petrovietnam Drilling & Well Service's current stock price is ₫31900.00. Petrovietnam Drilling & Well Service's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₫344.04. Petrovietnam Drilling & Well Service's Cyclically Adjusted Price-to-FCF of today is 92.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Petrovietnam Drilling & Well Service was 95.63. The lowest was 10.29. And the median was 21.04.


Petrovietnam Drilling & Well Service Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Petrovietnam Drilling & Well Service'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.

Petrovietnam Drilling & Well Service Cyclically Adjusted FCF per Share Chart

Petrovietnam Drilling & Well Service 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 - - 1,211.61 955.16 554.92

Petrovietnam Drilling & Well Service 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 867.70 682.39 642.13 554.92 344.04

Competitive Comparison of Petrovietnam Drilling & Well Service's Cyclically Adjusted FCF per Share

For the Oil & Gas Drilling subindustry, Petrovietnam Drilling & Well Service'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.


Petrovietnam Drilling & Well Service's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petrovietnam Drilling & Well Service's Cyclically Adjusted Price-to-FCF falls into.



Petrovietnam Drilling & Well Service 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, Petrovietnam Drilling & Well Service'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)
=-482.541/129.4194*129.4194
=-482.541

Current CPI (Mar. 2024) = 129.4194.

Petrovietnam Drilling & Well Service Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1,117.793 100.560 1,438.592
201409 1,514.911 100.428 1,952.237
201412 1,251.384 99.070 1,634.742
201503 -3,655.209 99.621 -4,748.542
201506 226.789 100.684 291.515
201509 928.909 100.392 1,197.500
201512 1,186.075 99.792 1,538.204
201603 272.361 100.470 350.838
201606 -105.791 101.688 -134.641
201609 879.984 101.861 1,118.063
201612 425.153 101.863 540.169
201703 -542.345 102.862 -682.369
201706 -153.868 103.349 -192.682
201709 224.483 104.136 278.987
201712 573.244 104.011 713.279
201803 -769.660 105.290 -946.048
201806 372.677 106.317 453.660
201809 -230.425 106.507 -279.996
201812 688.311 105.998 840.402
201903 -257.932 107.251 -311.247
201906 33.927 108.070 40.630
201909 -116.015 108.329 -138.601
201912 87.701 108.420 104.687
202003 -492.046 108.902 -584.751
202006 194.332 108.767 231.231
202009 241.629 109.815 284.765
202012 -778.791 109.897 -917.139
202103 -802.141 111.754 -928.935
202106 -757.910 114.631 -855.684
202109 -335.939 115.734 -375.662
202112 181.628 117.630 199.832
202203 -652.016 121.301 -695.654
202206 -238.528 125.017 -246.928
202209 102.351 125.227 105.778
202212 259.928 125.222 268.641
202303 60.490 127.348 61.474
202306 599.169 128.729 602.384
202309 691.927 129.860 689.582
202312 1,024.596 129.419 1,024.596
202403 -482.541 129.419 -482.541

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


Petrovietnam Drilling & Well Service  (STC:PVD) 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.

Petrovietnam Drilling & Well Service's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31900.00/344.04
=92.72

* 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 Petrovietnam Drilling & Well Service was 95.63. The lowest was 10.29. And the median was 21.04.


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.


Petrovietnam Drilling & Well Service Cyclically Adjusted FCF per Share Related Terms

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


Petrovietnam Drilling & Well Service (STC:PVD) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, Sailing Tower, 111A Pasteur Street, Ben Nghe Ward, District 1, Ho Chi Minh, VNM
Petrovietnam Drilling & Well Service Corp is a provider of drilling rigs and technical services for the exploration and exploitation of oil and gas industry locally and internationally. The company operates through three segments namely Drilling services, Trading, and Other services. Its Drilling services segment offers drilling rigs and drilling services. The Trading segment produces material and equipment for drilling-related activities. Its Other services segment is involved in administering well services, wireline logging, oil spill control service, drilling manpower supply service, investment-management project consulting service, management consulting service and other related services. Geographically it operates in Vietnam, Malaysia, Myanmar, Algeria.

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