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W&T Offshore (FRA:UWV) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is W&T Offshore Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


W&T Offshore Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for W&T Offshore'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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W&T Offshore Cyclically Adjusted Price-to-FCF Chart

W&T Offshore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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W&T Offshore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of W&T Offshore's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, W&T Offshore'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.


W&T Offshore's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, W&T Offshore's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where W&T Offshore's Cyclically Adjusted Price-to-FCF falls into.



W&T Offshore 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.

W&T Offshore's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, W&T Offshore'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)
=-0.476/131.7762*131.7762
=-0.476

Current CPI (Mar. 2024) = 131.7762.

W&T Offshore Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.331 100.560 -0.434
201409 -0.457 100.428 -0.600
201412 -1.257 99.070 -1.672
201503 -0.366 99.621 -0.484
201506 -0.478 100.684 -0.626
201509 0.136 100.392 0.179
201512 -0.471 99.792 -0.622
201603 0.197 100.470 0.258
201606 -0.534 101.688 -0.692
201609 -0.041 101.861 -0.053
201612 -0.251 101.863 -0.325
201703 0.388 102.862 0.497
201706 -0.233 103.349 -0.297
201709 0.179 104.136 0.227
201712 0.012 104.011 0.015
201803 0.214 105.290 0.268
201806 0.005 106.317 0.006
201809 0.994 106.507 1.230
201812 0.098 105.998 0.122
201903 0.335 107.251 0.412
201906 -0.127 108.070 -0.155
201909 -0.696 108.329 -0.847
201912 -0.112 108.420 -0.136
202003 0.465 108.902 0.563
202006 0.038 108.767 0.046
202009 0.135 109.815 0.162
202012 -0.077 109.897 -0.092
202103 0.256 111.754 0.302
202106 -0.018 114.631 -0.021
202109 0.328 115.734 0.373
202112 0.035 117.630 0.039
202203 -0.127 121.301 -0.138
202206 1.209 125.017 1.274
202209 0.559 125.227 0.588
202212 0.006 125.222 0.006
202303 0.064 127.348 0.066
202306 0.046 128.729 0.047
202309 -0.114 129.860 -0.116
202312 0.221 129.419 0.225
202403 -0.476 131.776 -0.476

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.


W&T Offshore  (FRA:UWV) 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.


W&T Offshore Cyclically Adjusted Price-to-FCF Related Terms

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W&T Offshore (FRA:UWV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » W&T Offshore Inc (FRA:UWV) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
5718 Westheimer Road, Suite 700, Houston, TX, USA, 77057-5745
W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of the company's revenue, with natural gas accounting for a much smaller portion.

W&T Offshore (FRA:UWV) Headlines

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