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Akastor ASA (Akastor ASA) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Akastor ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akastor ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Akastor ASA's Cyclically Adjusted Price-to-FCF 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.

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Akastor ASA Cyclically Adjusted Price-to-FCF Chart

Akastor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Akastor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Akastor ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Akastor 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.


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

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

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



Akastor ASA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Akastor ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Akastor 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)
=-0.037/132.6000*132.6000
=-0.037

Current CPI (Mar. 2024) = 132.6000.

Akastor ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.468 97.500 0.636
201409 -0.378 98.500 -0.509
201412 -0.114 98.600 -0.153
201503 -0.995 99.200 -1.330
201506 -0.160 100.100 -0.212
201509 -0.037 100.600 -0.049
201512 0.139 100.900 0.183
201603 -0.046 102.500 -0.060
201606 -0.179 103.800 -0.229
201609 0.157 104.200 0.200
201612 -0.074 104.400 -0.094
201703 -0.175 105.000 -0.221
201706 -0.103 105.800 -0.129
201709 -0.087 105.900 -0.109
201712 0.025 106.100 0.031
201803 0.030 107.300 0.037
201806 0.096 108.500 0.117
201809 0.008 109.500 0.010
201812 -0.047 109.800 -0.057
201903 -0.047 110.400 -0.056
201906 -0.070 110.600 -0.084
201909 0.042 111.100 0.050
201912 0.185 111.300 0.220
202003 -0.128 111.200 -0.153
202006 -0.001 112.100 -0.001
202009 0.022 112.900 0.026
202012 0.191 112.900 0.224
202103 -0.059 114.600 -0.068
202106 -0.013 115.300 -0.015
202109 -0.020 117.500 -0.023
202112 -0.008 118.900 -0.009
202203 -0.027 119.800 -0.030
202206 -0.037 122.600 -0.040
202209 -0.015 125.600 -0.016
202212 -0.019 125.900 -0.020
202303 -0.010 127.600 -0.010
202306 -0.012 130.400 -0.012
202309 -0.073 129.800 -0.075
202312 -0.011 131.900 -0.011
202403 -0.037 132.600 -0.037

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


Akastor ASA  (OTCPK:AKKVF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Akastor ASA Cyclically Adjusted Price-to-FCF Related Terms

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Akastor ASA (Akastor ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akastor ASA (OTCPK:AKKVF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.