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Criterium Energy (TSXV:CEQ) Cyclically Adjusted FCF per Share : C$-0.02 (As of Mar. 2024)


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What is Criterium 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.

Criterium Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.016. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% 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 Criterium Energy was 20.60% per year. The lowest was -26.00% per year. And the median was 16.60% per year.

As of today (2024-06-09), Criterium Energy's current stock price is C$0.07. Criterium Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.02. Criterium Energy's Cyclically Adjusted Price-to-FCF of today is .


Criterium Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Criterium 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.

Criterium Energy Cyclically Adjusted FCF per Share Chart

Criterium 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 -0.02 -0.01 -0.01 -0.01 -0.02

Criterium 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 -0.01 -0.02 -0.02 -0.02 -0.02

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

For the Oil & Gas E&P subindustry, Criterium 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.


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

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

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



Criterium 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, Criterium 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)
=-0.016/126.2576*126.2576
=-0.016

Current CPI (Mar. 2024) = 126.2576.

Criterium Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 99.473 -0.003
201409 0.000 99.394 0.000
201412 -0.001 98.367 -0.001
201503 -0.007 99.789 -0.009
201506 -0.001 100.500 -0.001
201509 0.006 100.421 0.008
201512 0.001 99.947 0.001
201603 -0.002 101.054 -0.002
201606 -0.002 102.002 -0.002
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 -0.002 102.634 -0.002
201706 -0.001 103.029 -0.001
201709 -0.013 103.345 -0.016
201712 -0.001 103.345 -0.001
201803 0.000 105.004 0.000
201806 -0.007 105.557 -0.008
201809 -0.002 105.636 -0.002
201812 -0.001 105.399 -0.001
201903 0.000 106.979 0.000
201906 -0.001 107.690 -0.001
201909 -0.001 107.611 -0.001
201912 -0.005 107.769 -0.006
202003 0.002 107.927 0.002
202006 -0.010 108.401 -0.012
202009 0.000 108.164 0.000
202012 0.010 108.559 0.012
202103 0.003 110.298 0.003
202106 0.000 111.720 0.000
202109 -0.002 112.905 -0.002
202112 -0.004 113.774 -0.004
202203 0.002 117.646 0.002
202206 -0.002 120.806 -0.002
202209 0.009 120.648 0.009
202212 -0.024 120.964 -0.025
202303 -0.022 122.702 -0.023
202306 -0.014 124.203 -0.014
202309 -0.015 125.230 -0.015
202312 -0.021 125.072 -0.021
202403 -0.016 126.258 -0.016

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


Criterium Energy  (TSXV:CEQ) 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.


Criterium Energy Cyclically Adjusted FCF per Share Related Terms

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


Criterium Energy (TSXV:CEQ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
202 - 6 Avenue SW, Bow Valley Square Tower 1?, Suite 1120, Calgary, AB, CAN, T2P 2R9
Criterium Energy Ltd is engaged in the acquisition of assets for the exploration, development, and production of oil and natural gas. The group is engaged in the sustainable development of assets in South East Asia by evolving its portfolio to produce traditional and emerging energy sources. The company's major operations are located in Indonesia and Canada. It has two operating segments, one being the acquisition, exploration and development of oil and gas properties in Indonesia and the second being oil and gas royalties from properties in Canada.
Executives
David Bruce Dunlop Director

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