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Earthstone Energy (Earthstone Energy) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Earthstone Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Earthstone Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Earthstone Energy'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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Earthstone Energy Cyclically Adjusted Price-to-FCF Chart

Earthstone Energy Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Earthstone Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Earthstone Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Earthstone Energy'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.


Earthstone Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Earthstone Energy 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.

Earthstone Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Earthstone Energy's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-6.731/129.8595*129.8595
=-6.731

Current CPI (Sep. 2023) = 129.8595.

Earthstone Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.503 98.326 -0.664
201403 -0.276 99.695 -0.360
201406 0.260 100.560 0.336
201409 0.870 100.428 1.125
201412 0.000 99.070 0.000
201503 -2.936 99.621 -3.827
201506 -1.321 100.684 -1.704
201509 -0.251 100.392 -0.325
201512 -1.312 99.792 -1.707
201603 -1.272 100.470 -1.644
201606 -0.084 101.688 -0.107
201609 0.239 101.861 0.305
201612 -0.593 101.863 -0.756
201703 0.009 102.862 0.011
201706 0.058 103.349 0.073
201709 -0.325 104.136 -0.405
201712 -2.427 104.011 -3.030
201803 -0.595 105.290 -0.734
201806 0.053 106.317 0.065
201809 -0.302 106.507 -0.368
201812 -1.982 105.998 -2.428
201903 -1.443 107.251 -1.747
201906 0.573 108.070 0.689
201909 -0.367 108.329 -0.440
201912 -1.404 108.420 -1.682
202003 0.310 108.902 0.370
202006 -0.659 108.767 -0.787
202009 1.405 109.815 1.661
202012 0.382 109.897 0.451
202103 -2.466 111.754 -2.866
202106 -0.396 114.631 -0.449
202109 -0.686 115.734 -0.770
202112 -0.586 117.630 -0.647
202203 -4.692 121.301 -5.023
202206 -5.680 125.017 -5.900
202209 -2.403 125.227 -2.492
202212 1.339 125.222 1.389
202303 0.704 127.348 0.718
202306 -0.305 128.729 -0.308
202309 -6.731 129.860 -6.731

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.


Earthstone Energy  (NYSE:ESTE) 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.


Earthstone Energy Cyclically Adjusted Price-to-FCF Related Terms

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Earthstone Energy (Earthstone Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1400 Woodloch Forest Drive, Suite 300, The Woodlands, TX, USA, 77380
Earthstone Energy Inc is an independent oil and natural gas development and production company. The company focuses on the acquisition, development, exploration, and production of onshore, crude oil and natural gas reserves. It is also active in corporate mergers and the acquisition of oil and natural gas properties. The company's reserve portfolio consists of assets in the Midland Basin of West Texas, and the Eagle Ford Trend of South Texas. Its operations are all in the upstream segment of the oil and natural gas industry and are conducted onshore in the United States.
Executives
Tony Oviedo officer: EVP, PAO 909 FANNIN, SUITE 1850, HOUSTON TX 77010
Mark Jr Lumpkin officer: EVP and CFO 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Frank Alan Lodzinski director, officer: CEO 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Wp Energy Chisholm Holdings, L.p. 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity (e&p) Xi-a, L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVE, NEW YORK NY 10017
Warburg Pincus (e&p) Xii, L.p. 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Partners Ii (us), L.p. 10 percent owner 450 LEXINGTON AVENUE, C/O WARBURG PINCUS LLC, NEW YORK NY 10017
Robert John Anderson officer: President 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Cypress Investments, Llc director 34 S. WYNDEN DR., SUITE 300, HOUSTON TX 77056
Post Oak Energy Holdings, Llc director 34 S. WYNDEN DR, STE 300, HOUSTON TX 77056
Jay Frederick Joliat director 36801 WOODWARD AVE., SUITE 301, BIRMINGHAM MI 48009
Post Oak Energy Capital, Lp director 34 S. WYNDEN DR, STE 300, HOUSTON TX 77056
Swanson Douglas E Jr director 1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
Steven C. Collins officer: EVP and COO 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
Encap Energy Capital Fund Xi, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024