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Valeura Energy (TSX:VLE) Cyclically Adjusted FCF per Share : C$-0.06 (As of Mar. 2024)


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What is Valeura Energy 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.

Valeura Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.627. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.06 for the trailing ten years ended in Mar. 2024.

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 Valeura Energy was 72.90% per year. The lowest was 49.10% per year. And the median was 50.00% per year.

As of today (2024-05-26), Valeura Energy's current stock price is C$5.29. Valeura Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.06. Valeura Energy's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Valeura Energy was 65.20. The lowest was 4.83. And the median was 12.45.


Valeura Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Valeura Energy'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.

Valeura Energy Cyclically Adjusted FCF per Share Chart

Valeura Energy 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 -0.01 0.01 0.05 0.02 -0.12

Valeura Energy 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 -0.04 -0.20 -0.18 -0.12 -0.06

Competitive Comparison of Valeura Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Valeura Energy'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.


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

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

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



Valeura Energy 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, Valeura Energy'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)
=0.627/131.7762*131.7762
=0.627

Current CPI (Mar. 2024) = 131.7762.

Valeura Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.051 100.560 0.067
201409 0.055 100.428 0.072
201412 0.076 99.070 0.101
201503 0.067 99.621 0.089
201506 0.080 100.684 0.105
201509 0.013 100.392 0.017
201512 0.024 99.792 0.032
201603 0.020 100.470 0.026
201606 0.051 101.688 0.066
201609 0.026 101.861 0.034
201612 0.009 101.863 0.012
201703 -0.018 102.862 -0.023
201706 -0.042 103.349 -0.054
201709 -0.050 104.136 -0.063
201712 0.082 104.011 0.104
201803 -0.059 105.290 -0.074
201806 -0.003 106.317 -0.004
201809 -0.058 106.507 -0.072
201812 0.029 105.998 0.036
201903 -0.017 107.251 -0.021
201906 -0.031 108.070 -0.038
201909 0.002 108.329 0.002
201912 0.019 108.420 0.023
202003 -0.010 108.902 -0.012
202006 0.008 108.767 0.010
202009 -0.019 109.815 -0.023
202012 -0.028 109.897 -0.034
202103 -0.007 111.754 -0.008
202106 -0.013 114.631 -0.015
202109 -0.017 115.734 -0.019
202112 -0.010 117.630 -0.011
202203 -0.026 121.301 -0.028
202206 -0.040 125.017 -0.042
202209 -0.101 125.227 -0.106
202212 -0.109 125.222 -0.115
202303 -0.466 127.348 -0.482
202306 -1.611 128.729 -1.649
202309 0.286 129.860 0.290
202312 0.585 129.419 0.596
202403 0.627 131.776 0.627

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


Valeura Energy  (TSX:VLE) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Valeura Energy was 65.20. The lowest was 4.83. And the median was 12.45.


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.


Valeura Energy Cyclically Adjusted FCF per Share Related Terms

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


Valeura Energy (TSX:VLE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valeura Energy Inc (TSX:VLE) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
202 6th Avenue SW, Suite 1200, Bow Valley Square 1, Calgary, AB, CAN, T2P 2R9
Valeura Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas in Turkey and Thailand.
Executives
James D. Mcfarland Director

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