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Civeo (CVEO) Cyclically Adjusted Price-to-FCF : 4.01 (As of May. 15, 2024)


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What is Civeo Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Civeo's current share price is $24.98. Civeo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.23. Civeo's Cyclically Adjusted Price-to-FCF for today is 4.01.

The historical rank and industry rank for Civeo's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CVEO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.65   Med: 3.4   Max: 5.34
Current: 3.97

During the past years, Civeo's highest Cyclically Adjusted Price-to-FCF was 5.34. The lowest was 2.65. And the median was 3.40.

CVEO's Cyclically Adjusted Price-to-FCF is ranked better than
90.28% of 360 companies
in the Business Services industry
Industry Median: 18.27 vs CVEO: 3.97

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.

Civeo's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.025. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $6.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Civeo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Civeo'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.

Civeo Cyclically Adjusted Price-to-FCF Chart

Civeo 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 - - - 4.68 3.45

Civeo 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 3.00 2.83 3.10 3.45 4.31

Competitive Comparison of Civeo's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Civeo'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.


Civeo's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Civeo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Civeo 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.

Civeo's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.98/6.23
=4.01

* 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.

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

For example, Civeo'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)
=0.025/129.4194*129.4194
=0.025

Current CPI (Mar. 2024) = 129.4194.

Civeo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.592 100.560 -2.049
201409 -1.476 100.428 -1.902
201412 4.506 99.070 5.886
201503 4.306 99.621 5.594
201506 3.600 100.684 4.627
201509 6.868 100.392 8.854
201512 -0.833 99.792 -1.080
201603 0.738 100.470 0.951
201606 2.100 101.688 2.673
201609 0.931 101.861 1.183
201612 0.984 101.863 1.250
201703 0.592 102.862 0.745
201706 0.220 103.349 0.275
201709 2.672 104.136 3.321
201712 0.745 104.011 0.927
201803 0.013 105.290 0.016
201806 0.573 106.317 0.698
201809 0.663 106.507 0.806
201812 1.455 105.998 1.776
201903 -0.242 107.251 -0.292
201906 -0.567 108.070 -0.679
201909 1.373 108.329 1.640
201912 2.623 108.420 3.131
202003 1.295 108.902 1.539
202006 1.644 108.767 1.956
202009 2.319 109.815 2.733
202012 2.319 109.897 2.731
202103 0.665 111.754 0.770
202106 0.937 114.631 1.058
202109 2.143 115.734 2.396
202112 1.367 117.630 1.504
202203 -0.115 121.301 -0.123
202206 1.164 125.017 1.205
202209 2.128 125.227 2.199
202212 1.550 125.222 1.602
202303 -0.291 127.348 -0.296
202306 0.831 128.729 0.835
202309 1.838 129.860 1.832
202312 1.981 129.419 1.981
202403 0.025 129.419 0.025

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.


Civeo  (NYSE:CVEO) 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.


Civeo Cyclically Adjusted Price-to-FCF Related Terms

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


Civeo (CVEO) Business Description

Industry
Traded in Other Exchanges
Address
333 Clay Street, Three Allen Center, Suite 4980, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.
Executives
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Lance Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Martin Lambert director 333 CLAY STREET, STE 4980, HOUSTON TX 77002
Allan Schoening officer: See Remarks 333 CLAY STREET, #4980, HOUSTON TX 77002
Peter Mccann officer: Sr. Vice President, Australia 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Jagdish Grewal director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77065
Michael Montelongo director 203 EAST MAIN STREET, SPARTANBURG SC 29319
Bradley J Dodson director, officer: President, CEO, and Director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Barclay Brewer officer: Vice President and Controller 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Ronald Gilbertson director 333 CLAY STREET, HOUSTON TX 77002
Tammy Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Torgerson Family Trust 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Timothy O Wall director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Frank Steininger officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Mike Ridley officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002

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