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Avanti Helium (TSXV:AVN) Cyclically Adjusted FCF per Share : C$-0.45 (As of Mar. 2024)


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What is Avanti Helium 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.

Avanti Helium's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.015. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.45 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.

As of today (2024-05-28), Avanti Helium's current stock price is C$0.27. Avanti Helium's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.45. Avanti Helium's Cyclically Adjusted Price-to-FCF of today is .


Avanti Helium Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Avanti Helium'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.

Avanti Helium Cyclically Adjusted FCF per Share Chart

Avanti Helium 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 - - -0.93 -0.87 -0.52

Avanti Helium 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 -0.75 -0.67 -0.52 -0.45

Competitive Comparison of Avanti Helium's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Avanti Helium'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.


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

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

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



Avanti Helium 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, Avanti Helium'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)
=-0.015/126.2576*126.2576
=-0.015

Current CPI (Mar. 2024) = 126.2576.

Avanti Helium Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.472 99.473 -0.599
201409 -0.169 99.394 -0.215
201412 -0.528 98.367 -0.678
201503 0.488 99.789 0.617
201506 -0.566 100.500 -0.711
201509 -0.012 100.421 -0.015
201512 -0.194 99.947 -0.245
201603 -0.281 101.054 -0.351
201606 -0.013 102.002 -0.016
201609 -0.199 101.765 -0.247
201612 -0.164 101.449 -0.204
201703 -0.031 102.634 -0.038
201706 -0.259 103.029 -0.317
201709 -0.132 103.345 -0.161
201712 -0.107 103.345 -0.131
201803 -0.047 105.004 -0.057
201806 -0.073 105.557 -0.087
201809 -0.058 105.636 -0.069
201812 -0.003 105.399 -0.004
201903 -0.010 106.979 -0.012
201906 -0.125 107.690 -0.147
201909 -0.017 107.611 -0.020
201912 -0.004 107.769 -0.005
202003 -0.006 107.927 -0.007
202006 -0.001 108.401 -0.001
202009 -0.002 108.164 -0.002
202012 -0.006 108.559 -0.007
202103 -0.023 110.298 -0.026
202106 -0.056 111.720 -0.063
202109 -0.110 112.905 -0.123
202112 -0.065 113.774 -0.072
202203 -0.144 117.646 -0.155
202206 -0.074 120.806 -0.077
202209 -0.026 120.648 -0.027
202212 -0.071 120.964 -0.074
202303 -0.093 122.702 -0.096
202306 -0.025 124.203 -0.025
202309 -0.016 125.230 -0.016
202312 -0.038 125.072 -0.038
202403 -0.015 126.258 -0.015

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


Avanti Helium  (TSXV:AVN) 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.


Avanti Helium Cyclically Adjusted FCF per Share Related Terms

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


Avanti Helium (TSXV:AVN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Avanti Helium Corp (TSXV:AVN) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
208A - 980 West 1st Street, North Vancouver, BC, CAN, V7P 3N4
Avanti Helium Corp is principally focused on the exploration, development, and production of helium across Western Canada and the United States.
Executives
Chris Bakker 10% Security Holder, Senior Officer

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