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Unit (UNTC) Cyclically Adjusted Price-to-FCF : 12.38 (As of Jun. 09, 2024)


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What is Unit Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Unit's current share price is $37.25. Unit's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.01. Unit's Cyclically Adjusted Price-to-FCF for today is 12.38.

The historical rank and industry rank for Unit's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

UNTC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.03   Med: 25   Max: 81.17
Current: 12.39

During the past years, Unit's highest Cyclically Adjusted Price-to-FCF was 81.17. The lowest was 12.03. And the median was 25.00.

UNTC's Cyclically Adjusted Price-to-FCF is ranked better than
55.03% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs UNTC: 12.39

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Unit's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.574. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unit Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Unit'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.

Unit Cyclically Adjusted Price-to-FCF Chart

Unit 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 - - - 52.61 16.71

Unit 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 26.03 23.20 23.31 16.71 12.31

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

For the Oil & Gas Integrated subindustry, Unit'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.


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

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

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



Unit 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.

Unit's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.25/3.01
=12.38

* 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.

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

For example, Unit'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)
=1.574/131.7762*131.7762
=1.574

Current CPI (Mar. 2024) = 131.7762.

Unit Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.426 100.560 -0.558
201409 -0.858 100.428 -1.126
201412 -2.872 99.070 -3.820
201503 -1.493 99.621 -1.975
201506 -0.831 100.684 -1.088
201509 0.232 100.392 0.305
201512 -0.247 99.792 -0.326
201603 -0.107 100.470 -0.140
201606 0.277 101.688 0.359
201609 0.692 101.861 0.895
201612 0.204 101.863 0.264
201703 0.403 102.862 0.516
201706 -1.239 103.349 -1.580
201709 0.112 104.136 0.142
201712 -0.104 104.011 -0.132
201803 -0.128 105.290 -0.160
201806 -0.465 106.317 -0.576
201809 -0.604 106.507 -0.747
201812 -1.155 105.998 -1.436
201903 -0.816 107.251 -1.003
201906 -1.503 108.070 -1.833
201909 -0.499 108.329 -0.607
201912 0.150 108.420 0.182
202003 0.229 108.902 0.277
202006 -0.182 108.767 -0.221
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 2.356 111.754 2.778
202106 3.195 114.631 3.673
202109 3.241 115.734 3.690
202112 3.895 117.630 4.363
202203 3.684 121.301 4.002
202206 3.379 125.017 3.562
202209 2.599 125.227 2.735
202212 3.226 125.222 3.395
202303 4.953 127.348 5.125
202306 3.284 128.729 3.362
202309 2.771 129.860 2.812
202312 1.843 129.419 1.877
202403 1.574 131.776 1.574

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.


Unit  (OTCPK:UNTC) 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.


Unit Cyclically Adjusted Price-to-FCF Related Terms

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


Unit (UNTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
8200 South Unit Drive, Tulsa, OK, USA, 74132
Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.
Executives
Micheal L Hicks officer: President, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Peyton G Bailey Iv director 8200 S. UNIT DRIVE, TULSA OK 74132
George L Austin officer: Sr. VP and CFO C/O CYPRESS ENERGY PARTNERS, L.P., 5727 S LEWIS AVENUE, SUITE 500, TULSA OK 74105
David P Dunham officer: Sr VP Business Development 8200 S. UNIT DRIVE, TULSA OK 74132
Frank Q Young officer: Executive Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
Larry C Payne director 8200 S. UNIT DRIVE, TULSA OK 74132
Don A Hayes officer: Controller 8200 S. UNIT DRIVE, TULSA OK 74132
Steven B Hildebrand director 8200 S. UNIT DRIVE, TULSA OK 74132
Brad Guidry officer: Senior Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
John Cromling officer: Executive Vice President, UDC 8200 S. UNIT DRIVE, TULSA OK 74132
Robert Parks officer: Manager, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Sullivan Robert J Jr director 8200 S. UNIT DRIVE, TULSA OK 74132
Gary R Christopher director 8200 S. UNIT DRIVE, TULSA OK 74132
George Kaiser Family Foundation 10 percent owner 7030 SOUTH YALE AVENUE, SUITE 600, TULSA OK 74136