GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (LTS:0IDU) » Definitions » Cyclically Adjusted Price-to-FCF

EQT (LTS:0IDU) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


View and export this data going back to 2018. Start your Free Trial

What is EQT Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


EQT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EQT'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.

EQT Cyclically Adjusted Price-to-FCF Chart

EQT 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 - - - - -

EQT 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 - - - - -

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

For the Oil & Gas E&P subindustry, EQT'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.


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

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

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



EQT 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.

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

For example, EQT'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)
=1.396/131.7762*131.7762
=1.396

Current CPI (Mar. 2024) = 131.7762.

EQT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.505 100.560 -3.283
201409 -1.584 100.428 -2.078
201412 -2.680 99.070 -3.565
201503 -1.143 99.621 -1.512
201506 -3.208 100.684 -4.199
201509 -2.186 100.392 -2.869
201512 -1.428 99.792 -1.886
201603 -0.718 100.470 -0.942
201606 -1.292 101.688 -1.674
201609 -2.948 101.861 -3.814
201612 -3.987 101.863 -5.158
201703 -2.686 102.862 -3.441
201706 -1.248 103.349 -1.591
201709 -0.448 104.136 -0.567
201712 1.994 104.011 2.526
201803 0.661 105.290 0.827
201806 -1.235 106.317 -1.531
201809 -0.972 106.507 -1.203
201812 -1.374 105.998 -1.708
201903 1.960 107.251 2.408
201906 0.191 108.070 0.233
201909 -0.676 108.329 -0.822
201912 -0.498 108.420 -0.605
202003 0.956 108.902 1.157
202006 0.747 108.767 0.905
202009 -0.359 109.815 -0.431
202012 0.552 109.897 0.662
202103 0.533 111.754 0.628
202106 -0.629 114.631 -0.723
202109 -0.529 115.734 -0.602
202112 2.177 117.630 2.439
202203 1.948 121.301 2.116
202206 -0.398 125.017 -0.420
202209 1.950 125.227 2.052
202212 1.436 125.222 1.511
202303 2.965 127.348 3.068
202306 -0.138 128.729 -0.141
202309 -0.119 129.860 -0.121
202312 0.204 129.419 0.208
202403 1.396 131.776 1.396

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.


EQT  (LTS:0IDU) 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.


EQT Cyclically Adjusted Price-to-FCF Related Terms

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


EQT (LTS:0IDU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (LTS:0IDU) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.

EQT (LTS:0IDU) Headlines

No Headlines