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Victory Oilfield Tech (Victory Oilfield Tech) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Victory Oilfield Tech Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Victory Oilfield Tech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Victory Oilfield Tech'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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Victory Oilfield Tech Cyclically Adjusted Price-to-FCF Chart

Victory Oilfield Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Victory Oilfield Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Victory Oilfield Tech's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Victory Oilfield Tech'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.


Victory Oilfield Tech's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Victory Oilfield Tech 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.

Victory Oilfield Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Victory Oilfield Tech's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.001/129.4194*129.4194
=0.001

Current CPI (Dec. 2023) = 129.4194.

Victory Oilfield Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.193 99.695 -1.549
201406 -4.267 100.560 -5.492
201409 -1.371 100.428 -1.767
201412 -0.070 99.070 -0.091
201503 -2.278 99.621 -2.959
201506 -0.536 100.684 -0.689
201509 -0.339 100.392 -0.437
201512 -0.451 99.792 -0.585
201603 -0.336 100.470 -0.433
201606 -0.791 101.688 -1.007
201609 -0.539 101.861 -0.685
201612 -0.813 101.863 -1.033
201703 -0.993 102.862 -1.249
201706 -0.609 103.349 -0.763
201709 -0.182 104.136 -0.226
201712 -0.090 104.011 -0.112
201803 -0.076 105.290 -0.093
201806 -0.010 106.317 -0.012
201809 -0.383 106.507 -0.465
201812 0.357 105.998 0.436
201903 -0.002 107.251 -0.002
201906 -0.004 108.070 -0.005
201909 0.000 108.329 0.000
201912 -0.008 108.420 -0.010
202003 0.000 108.902 0.000
202006 -0.007 108.767 -0.008
202009 -0.004 109.815 -0.005
202012 -0.007 109.897 -0.008
202103 -0.007 111.754 -0.008
202106 -0.006 114.631 -0.007
202109 -0.007 115.734 -0.008
202112 -0.005 117.630 -0.006
202203 -0.003 121.301 -0.003
202206 -0.001 125.017 -0.001
202209 0.002 125.227 0.002
202212 -0.002 125.222 -0.002
202303 -0.003 127.348 -0.003
202306 -0.001 128.729 -0.001
202309 -0.002 129.860 -0.002
202312 0.001 129.419 0.001

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.


Victory Oilfield Tech  (OTCPK:VYEY) 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.


Victory Oilfield Tech Cyclically Adjusted Price-to-FCF Related Terms

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


Victory Oilfield Tech (Victory Oilfield Tech) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3355 Bee Caves Road, Suite 608, Austin, TX, USA, 78746
Victory Oilfield Tech Inc is an oilfield energy-tech products company focused on improving well performance and extending the lifespan of the industry's most sophisticated and expensive equipment. The company's products include solutions for drill-pipe, production tubing, and radio frequency identification (RFID) enclosures. The company's only reportable segment is Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing, and drill collars.
Executives
Armacor Victory Ventures Llc 10 percent owner 26497 RANCHO PARKWAY SOUTH, DANA POINT CA 92630
Eric Eilersten director C/O VICTORY ENERGY CORPORATION, 3355 BEE CAVES ROAD, SUITE 608, AUSTIN TX 78746
Kevin Deleon director
Ricardo A Salas director
Visionary Private Equity Group I, Lp 10 percent owner 1325 W SUNSHINE #162, SPRINGFIELD MO 65807
Michael Cosby 10 percent owner 901 E. ST. LOUIS STREET, STE 1800, SPRINGFIELD MO 65806
Visionary Pe Gp I, Llc 10 percent owner 1325 W. SUNSHINE ST., NO. 162, SPRINGFIELD MO 65807
Smith Fred James Jr officer: Chief Financial Officer 3355 BEE CAVES RD, SUITE 608, AUSTIN TX 78746
Mark Wendell Biggers officer: CHIEF FINANCIAL OFFICER 3355 BBEE CAVES RD, SUITE 608, AUSTIN TX 78746
Kenneth E Hill director, officer: CHIEF OPERATIONS OFFICER 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH X1 92660
Lindsey Stanley L Jr officer: VP EXPLORATION & DEVELOPMENT 20341 IRVINE AVENUE, #D-6, IRVINE CA 92660
Ronald Zamber director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660
Robert W Grenley director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660
Robert Miranda officer: Chief Executive Officer 2801 W. COAST HIGHWAY, SUITE 370, NEWPORT BEACH CA 92663
Edgar Trotter director 20341 IRVINE AVENUE, #D-6, NEWPORT BEACH CA 92660

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