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Solstad Offshore ASA (FRA:SZL) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


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What is Solstad Offshore ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Solstad Offshore ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Solstad Offshore 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.

* Premium members only.

Solstad Offshore ASA Cyclically Adjusted Price-to-FCF Chart

Solstad Offshore ASA 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 1.20 - - 0.06 -

Solstad Offshore ASA 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 0.02 0.04 - - -

Competitive Comparison of Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Solstad Offshore 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.


Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Solstad Offshore 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.

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

For example, Solstad Offshore 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)
=0.28/132.6000*132.6000
=0.280

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,068.846 97.500 -1,453.631
201409 -4,451.103 98.500 -5,992.043
201412 1,488.513 98.600 2,001.793
201503 380.000 99.200 507.944
201506 239.487 100.100 317.243
201509 1,012.895 100.600 1,335.088
201512 185.205 100.900 243.391
201603 218.342 102.500 282.460
201606 618.289 103.800 789.837
201609 1,444.590 104.200 1,838.317
201612 -3,859.479 104.400 -4,901.982
201703 68.725 105.000 86.790
201706 190.608 105.800 238.891
201709 64.553 105.900 80.828
201712 92.983 106.100 116.207
201803 43.010 107.300 53.151
201806 120.512 108.500 147.280
201809 105.014 109.500 127.168
201812 151.804 109.800 183.326
201903 -88.227 110.400 -105.968
201906 115.014 110.600 137.892
201909 154.302 111.100 184.162
201912 150.629 111.300 179.456
202003 29.636 111.200 35.339
202006 140.632 112.100 166.350
202009 61.052 112.900 71.705
202012 -0.013 112.900 -0.015
202103 -0.052 114.600 -0.060
202106 0.598 115.300 0.688
202109 0.558 117.500 0.630
202112 0.612 118.900 0.683
202203 0.017 119.800 0.019
202206 0.382 122.600 0.413
202209 0.527 125.600 0.556
202212 0.729 125.900 0.768
202303 0.711 127.600 0.739
202306 0.767 130.400 0.780
202309 0.568 129.800 0.580
202312 0.795 131.900 0.799
202403 0.280 132.600 0.280

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.


Solstad Offshore ASA  (FRA:SZL) 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.


Solstad Offshore ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Solstad Offshore ASA (FRA:SZL) Business Description

Industry
Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (FRA:SZL) Headlines

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