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KNOT Offshore Partners LP (FRA:KO4) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is KNOT Offshore Partners LP Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


KNOT Offshore Partners LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KNOT Offshore Partners LP'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.

KNOT Offshore Partners LP Cyclically Adjusted Price-to-FCF Chart

KNOT Offshore Partners LP 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 - - 2.93 2.01 1.15

KNOT Offshore Partners LP 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 1.10 0.98 1.36 1.15 1.02

Competitive Comparison of KNOT Offshore Partners LP's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, KNOT Offshore Partners LP'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.


KNOT Offshore Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, KNOT Offshore Partners LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where KNOT Offshore Partners LP's Cyclically Adjusted Price-to-FCF falls into.



KNOT Offshore Partners LP 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.

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

For example, KNOT Offshore Partners LP'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)
=0.724/131.6000*131.6000
=0.724

Current CPI (Mar. 2024) = 131.6000.

KNOT Offshore Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.559 99.800 0.737
201409 0.432 100.000 0.569
201412 0.783 99.900 1.031
201503 0.914 99.600 1.208
201506 0.820 100.100 1.078
201509 0.639 100.200 0.839
201512 0.853 100.400 1.118
201603 0.946 100.400 1.240
201606 0.919 101.000 1.197
201609 0.993 101.500 1.287
201612 0.883 102.200 1.137
201703 1.584 102.700 2.030
201706 1.342 103.500 1.706
201709 1.704 104.300 2.150
201712 -0.114 105.000 -0.143
201803 0.804 105.100 1.007
201806 1.079 105.900 1.341
201809 0.911 106.600 1.125
201812 0.941 107.100 1.156
201903 1.070 107.000 1.316
201906 1.150 107.900 1.403
201909 1.131 108.400 1.373
201912 1.182 108.500 1.434
202003 1.084 108.600 1.314
202006 1.125 108.800 1.361
202009 1.087 109.200 1.310
202012 1.041 109.400 1.252
202103 1.057 109.700 1.268
202106 0.809 111.400 0.956
202109 1.046 112.400 1.225
202112 1.081 114.700 1.240
202203 0.487 116.500 0.550
202206 0.978 120.500 1.068
202209 0.717 122.300 0.772
202212 0.569 125.300 0.598
202303 0.776 126.800 0.805
202306 1.117 129.400 1.136
202309 0.696 130.100 0.704
202312 0.927 130.500 0.935
202403 0.724 131.600 0.724

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.


KNOT Offshore Partners LP  (FRA:KO4) 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.


KNOT Offshore Partners LP Cyclically Adjusted Price-to-FCF Related Terms

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


KNOT Offshore Partners LP (FRA:KO4) Business Description

Traded in Other Exchanges
Address
2 Queens Cross, Aberdeenshire, Aberdeen, GBR, AB15 4YB
KNOT Offshore Partners LP owns, operates, and shuttles tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters. The Partnership is formed for acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment.

KNOT Offshore Partners LP (FRA:KO4) Headlines

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