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Enerflex (FRA:7EX) Cyclically Adjusted FCF per Share : €0.27 (As of Mar. 2024)


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What is Enerflex Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Enerflex's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.623. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enerflex's average Cyclically Adjusted FCF Growth Rate was 42.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Enerflex was -7.20% per year. The lowest was -8.90% per year. And the median was -8.05% per year.

As of today (2024-06-09), Enerflex's current stock price is €4.50. Enerflex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.27. Enerflex's Cyclically Adjusted Price-to-FCF of today is 16.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Enerflex was 32.58. The lowest was 9.81. And the median was 17.45.


Enerflex Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Enerflex's Cyclically Adjusted FCF per Share 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.

Enerflex Cyclically Adjusted FCF per Share Chart

Enerflex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.29 0.33 0.21 0.24

Enerflex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.19 0.24 0.23 0.24 0.27

Competitive Comparison of Enerflex's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Enerflex'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.


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

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

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



Enerflex Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Enerflex'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)
=0.623/126.2576*126.2576
=0.623

Current CPI (Mar. 2024) = 126.2576.

Enerflex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.385 99.473 0.489
201409 -0.443 99.394 -0.563
201412 -0.125 98.367 -0.160
201503 -0.523 99.789 -0.662
201506 -0.096 100.500 -0.121
201509 -0.306 100.421 -0.385
201512 0.267 99.947 0.337
201603 0.345 101.054 0.431
201606 0.094 102.002 0.116
201609 0.147 101.765 0.182
201612 -0.001 101.449 -0.001
201703 -0.006 102.634 -0.007
201706 0.491 103.029 0.602
201709 0.646 103.345 0.789
201712 -0.217 103.345 -0.265
201803 0.031 105.004 0.037
201806 0.437 105.557 0.523
201809 0.036 105.636 0.043
201812 0.274 105.399 0.328
201903 0.615 106.979 0.726
201906 -0.686 107.690 -0.804
201909 -0.259 107.611 -0.304
201912 -1.288 107.769 -1.509
202003 -0.411 107.927 -0.481
202006 0.236 108.401 0.275
202009 0.504 108.164 0.588
202012 0.306 108.559 0.356
202103 0.351 110.298 0.402
202106 -0.013 111.720 -0.015
202109 0.007 112.905 0.008
202112 0.818 113.774 0.908
202203 -0.212 117.646 -0.228
202206 0.056 120.806 0.059
202209 0.076 120.648 0.080
202212 -0.502 120.964 -0.524
202303 -0.369 122.702 -0.380
202306 -0.221 124.203 -0.225
202309 0.251 125.230 0.253
202312 1.022 125.072 1.032
202403 0.623 126.258 0.623

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Enerflex  (FRA:7EX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Enerflex's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.50/0.27
=16.67

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Enerflex was 32.58. The lowest was 9.81. And the median was 17.45.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Enerflex Cyclically Adjusted FCF per Share Related Terms

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


Enerflex (FRA:7EX) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (FRA:7EX) » Definitions » Cyclically Adjusted FCF per Share
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Address
1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.

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