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StealthGas (STU:S6W) Cyclically Adjusted FCF per Share : €-0.46 (As of Mar. 2024)


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What is StealthGas 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.

StealthGas's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.898. 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 €-0.46 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 29.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% 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 StealthGas was 29.70% per year. The lowest was 3.20% per year. And the median was 17.10% per year.

As of today (2024-05-27), StealthGas's current stock price is €6.65. StealthGas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.46. StealthGas's Cyclically Adjusted Price-to-FCF of today is .


StealthGas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for StealthGas'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.

StealthGas Cyclically Adjusted FCF per Share Chart

StealthGas 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 -0.76 -0.74 -0.79 -0.70 -0.29

StealthGas 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 -0.71 -0.52 -0.39 -0.29 -0.46

Competitive Comparison of StealthGas's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, StealthGas'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.


StealthGas's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, StealthGas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



StealthGas 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, StealthGas'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)
=-1.898/117.2848*117.2848
=-1.898

Current CPI (Mar. 2024) = 117.2848.

StealthGas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.674 103.060 -0.767
201409 -0.765 102.624 -0.874
201412 0.201 100.254 0.235
201503 0.123 100.549 0.143
201506 -0.913 100.838 -1.062
201509 -1.797 100.856 -2.090
201512 0.295 100.087 0.346
201603 -0.257 99.041 -0.304
201606 -0.347 100.121 -0.406
201609 0.045 99.878 0.053
201612 0.117 100.110 0.137
201703 -0.075 100.770 -0.087
201706 -0.601 101.138 -0.697
201709 0.197 100.882 0.229
201712 0.264 100.762 0.307
201803 -1.338 100.534 -1.561
201806 -0.469 102.121 -0.539
201809 0.201 101.982 0.231
201812 0.171 101.330 0.198
201903 0.161 101.482 0.186
201906 0.101 101.837 0.116
201909 0.189 101.906 0.218
201912 0.243 102.120 0.279
202003 0.361 101.479 0.417
202006 -0.317 100.239 -0.371
202009 0.023 99.886 0.027
202012 0.020 99.751 0.024
202103 -0.247 99.817 -0.290
202106 0.182 101.270 0.211
202109 0.211 102.095 0.242
202112 0.215 104.853 0.240
202203 0.400 108.651 0.432
202206 0.321 113.517 0.332
202209 -0.099 114.371 -0.102
202212 0.408 112.428 0.426
202303 0.482 113.620 0.498
202306 0.656 115.515 0.666
202309 0.307 116.234 0.310
202312 0.478 116.364 0.482
202403 -1.898 117.285 -1.898

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


StealthGas  (STU:S6W) 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.


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.


StealthGas Cyclically Adjusted FCF per Share Related Terms

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


StealthGas (STU:S6W) Business Description

Industry
Traded in Other Exchanges
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.

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