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Akastor ASA (OSTO:AKAO) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is Akastor ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akastor ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Akastor 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.

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Akastor ASA Cyclically Adjusted Price-to-FCF Chart

Akastor 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 138.84 - - - -

Akastor ASA 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 Akastor ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Akastor 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.


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

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

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



Akastor 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.

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

For example, Akastor 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)
=-0.393/132.6000*132.6000
=-0.393

Current CPI (Mar. 2024) = 132.6000.

Akastor ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.831 97.500 3.850
201409 -2.403 98.500 -3.235
201412 -0.833 98.600 -1.120
201503 -7.955 99.200 -10.633
201506 -1.248 100.100 -1.653
201509 -0.306 100.600 -0.403
201512 1.211 100.900 1.591
201603 -0.387 102.500 -0.501
201606 -1.487 103.800 -1.900
201609 1.283 104.200 1.633
201612 -0.631 104.400 -0.801
201703 -1.486 105.000 -1.877
201706 -0.875 105.800 -1.097
201709 -0.683 105.900 -0.855
201712 0.207 106.100 0.259
201803 0.232 107.300 0.287
201806 0.782 108.500 0.956
201809 0.066 109.500 0.080
201812 -0.402 109.800 -0.485
201903 -0.405 110.400 -0.486
201906 -0.606 110.600 -0.727
201909 0.376 111.100 0.449
201912 1.672 111.300 1.992
202003 -1.314 111.200 -1.567
202006 -0.011 112.100 -0.013
202009 0.199 112.900 0.234
202012 1.660 112.900 1.950
202103 -0.501 114.600 -0.580
202106 -0.110 115.300 -0.127
202109 -0.169 117.500 -0.191
202112 -0.074 118.900 -0.083
202203 -0.243 119.800 -0.269
202206 -0.356 122.600 -0.385
202209 -0.151 125.600 -0.159
202212 -0.184 125.900 -0.194
202303 -0.110 127.600 -0.114
202306 -0.131 130.400 -0.133
202309 -0.786 129.800 -0.803
202312 -0.114 131.900 -0.115
202403 -0.393 132.600 -0.393

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.


Akastor ASA  (OSTO:AKAo) 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.


Akastor ASA Cyclically Adjusted Price-to-FCF Related Terms

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Akastor ASA (OSTO:AKAO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akastor ASA (OSTO:AKAo) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

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