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Icon Offshore Bhd (XKLS:5255) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Icon Offshore Bhd Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Icon Offshore Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Icon Offshore Bhd'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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Icon Offshore Bhd Cyclically Adjusted Price-to-FCF Chart

Icon Offshore Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Icon Offshore Bhd 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 Icon Offshore Bhd's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Icon Offshore Bhd'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.


Icon Offshore Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Icon Offshore Bhd 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.

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

For example, Icon Offshore Bhd'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)
=-0.02/131.7762*131.7762
=-0.020

Current CPI (Mar. 2024) = 131.7762.

Icon Offshore Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -9.282 100.560 -12.163
201409 -41.835 100.428 -54.894
201412 -0.137 99.070 -0.182
201503 -5.084 99.621 -6.725
201506 2.307 100.684 3.019
201509 6.306 100.392 8.277
201512 -2.102 99.792 -2.776
201603 0.430 100.470 0.564
201606 3.853 101.688 4.993
201609 6.189 101.861 8.007
201612 -7.819 101.863 -10.115
201703 3.383 102.862 4.334
201706 1.604 103.349 2.045
201709 1.145 104.136 1.449
201712 4.925 104.011 6.240
201803 4.158 105.290 5.204
201806 2.731 106.317 3.385
201809 5.427 106.507 6.715
201812 2.378 105.998 2.956
201903 1.862 107.251 2.288
201906 -1.290 108.070 -1.573
201909 4.470 108.329 5.437
201912 4.901 108.420 5.957
202003 -0.066 108.902 -0.080
202006 0.045 108.767 0.055
202009 0.013 109.815 0.016
202012 0.041 109.897 0.049
202103 -0.348 111.754 -0.410
202106 0.013 114.631 0.015
202109 0.088 115.734 0.100
202112 0.016 117.630 0.018
202203 0.091 121.301 0.099
202206 -0.064 125.017 -0.067
202209 0.053 125.227 0.056
202212 0.131 125.222 0.138
202303 0.027 127.348 0.028
202306 0.044 128.729 0.045
202309 0.049 129.860 0.050
202312 0.030 129.419 0.031
202403 -0.020 131.776 -0.020

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.


Icon Offshore Bhd  (XKLS:5255) 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.


Icon Offshore Bhd Cyclically Adjusted Price-to-FCF Related Terms

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Icon Offshore Bhd (XKLS:5255) Business Description

Industry
Traded in Other Exchanges
N/A
Address
207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450
Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

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