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CKX Lands (CKX Lands) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is CKX Lands Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CKX Lands Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CKX Lands'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.

* Premium members only.

CKX Lands Cyclically Adjusted Price-to-FCF Chart

CKX Lands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.88 98.01 78.92 210.54 1,624.92

CKX Lands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 347.95 653.77 2,048.78 1,624.92 -

Competitive Comparison of CKX Lands's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, CKX Lands'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.


CKX Lands's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



CKX Lands 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.

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

For example, CKX Lands'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)
=-0.17/131.7762*131.7762
=-0.170

Current CPI (Mar. 2024) = 131.7762.

CKX Lands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.163 100.560 -0.214
201409 0.241 100.428 0.316
201412 0.101 99.070 0.134
201503 0.050 99.621 0.066
201506 0.040 100.684 0.052
201509 -0.008 100.392 -0.011
201512 -0.004 99.792 -0.005
201603 0.048 100.470 0.063
201606 -0.157 101.688 -0.203
201609 -1.033 101.861 -1.336
201612 0.047 101.863 0.061
201703 -0.033 102.862 -0.042
201706 0.111 103.349 0.142
201709 0.016 104.136 0.020
201712 0.034 104.011 0.043
201803 -0.042 105.290 -0.053
201806 0.024 106.317 0.030
201809 0.048 106.507 0.059
201812 0.065 105.998 0.081
201903 -0.030 107.251 -0.037
201906 -0.006 108.070 -0.007
201909 0.063 108.329 0.077
201912 0.059 108.420 0.072
202003 0.011 108.902 0.013
202006 0.036 108.767 0.044
202009 0.043 109.815 0.052
202012 -0.019 109.897 -0.023
202103 -0.085 111.754 -0.100
202106 0.045 114.631 0.052
202109 -0.004 115.734 -0.005
202112 -0.104 117.630 -0.117
202203 -0.027 121.301 -0.029
202206 -0.060 125.017 -0.063
202209 0.160 125.227 0.168
202212 0.121 125.222 0.127
202303 -0.054 127.348 -0.056
202306 0.084 128.729 0.086
202309 0.065 129.860 0.066
202312 0.295 129.419 0.300
202403 -0.170 131.776 -0.170

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.


CKX Lands  (AMEX:CKX) 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.


CKX Lands Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CKX Lands's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CKX Lands (CKX Lands) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CKX Lands Inc (AMEX:CKX) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Executives
Max H. Hart director P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream director 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp officer: Chief Financial Officer 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure director POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii director 1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer director 127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin director 131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T director P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry director 315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio director, officer: Vice President & Secretary 4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins director 1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy director 1407 ALVIN STREET, LAKE CHARLES LA 70601

CKX Lands (CKX Lands) Headlines

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