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Jericho Energy Ventures (TSXV:JEV) Cyclically Adjusted FCF per Share : C$-0.04 (As of Mar. 2024)


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What is Jericho Energy Ventures 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.

Jericho Energy Ventures's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.005. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.04 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 (2024-06-05), Jericho Energy Ventures's current stock price is C$0.165. Jericho Energy Ventures's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.04. Jericho Energy Ventures's Cyclically Adjusted Price-to-FCF of today is .


Jericho Energy Ventures Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jericho Energy Ventures'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.

Jericho Energy Ventures Cyclically Adjusted FCF per Share Chart

Jericho Energy Ventures 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 - - -0.05 -0.05 -0.06

Jericho Energy Ventures 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 -0.05 -0.06 -0.06 -0.06 -0.04

Competitive Comparison of Jericho Energy Ventures's Cyclically Adjusted FCF per Share

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


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

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

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



Jericho Energy Ventures 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, Jericho Energy Ventures'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)
=-0.005/126.2576*126.2576
=-0.005

Current CPI (Mar. 2024) = 126.2576.

Jericho Energy Ventures Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.051 99.473 -0.065
201409 -0.019 99.394 -0.024
201412 -0.024 98.367 -0.031
201503 0.002 99.789 0.003
201506 -0.014 100.500 -0.018
201509 0.005 100.421 0.006
201512 -0.049 99.947 -0.062
201603 -0.009 101.054 -0.011
201606 0.013 102.002 0.016
201609 -0.002 101.765 -0.002
201612 -0.031 101.449 -0.039
201703 -0.009 102.634 -0.011
201706 0.000 103.029 0.000
201709 -0.043 103.345 -0.053
201712 0.018 103.345 0.022
201803 -0.006 105.004 -0.007
201806 -0.012 105.557 -0.014
201809 -0.005 105.636 -0.006
201812 -0.001 105.399 -0.001
201903 -0.004 106.979 -0.005
201906 -0.003 107.690 -0.004
201909 -0.003 107.611 -0.004
201912 -0.002 107.769 -0.002
202003 -0.003 107.927 -0.004
202006 -0.005 108.401 -0.006
202009 -0.003 108.164 -0.004
202012 -0.004 108.559 -0.005
202103 -0.007 110.298 -0.008
202106 -0.011 111.720 -0.012
202109 -0.003 112.905 -0.003
202112 -0.004 113.774 -0.004
202203 -0.008 117.646 -0.009
202206 -0.006 120.806 -0.006
202209 -0.005 120.648 -0.005
202212 -0.001 120.964 -0.001
202303 -0.003 122.702 -0.003
202306 -0.007 124.203 -0.007
202309 -0.005 125.230 -0.005
202312 -0.003 125.072 -0.003
202403 -0.005 126.258 -0.005

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


Jericho Energy Ventures  (TSXV:JEV) 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.


Jericho Energy Ventures Cyclically Adjusted FCF per Share Related Terms

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


Jericho Energy Ventures (TSXV:JEV) Business Description

Industry
Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3
Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.
Executives
Brian Williamson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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