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HyTerra (ASX:HYT) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is HyTerra Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HyTerra Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HyTerra's Cyclically Adjusted Price-to-FCF 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.

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HyTerra Cyclically Adjusted Price-to-FCF Chart

HyTerra Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted Price-to-FCF
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HyTerra Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23
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Competitive Comparison of HyTerra's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, HyTerra'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.


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

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

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



HyTerra Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

HyTerra's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, HyTerra's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.008/126.3989*126.3989
=-0.008

Current CPI (Dec23) = 126.3989.

HyTerra Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.657 97.887 -0.848
201503 -0.208 99.187 -0.265
201603 -0.181 100.488 -0.228
201703 -0.128 102.624 -0.158
201803 -0.069 104.574 -0.083
201903 -0.020 105.967 -0.024
202003 -0.019 108.289 -0.022
202103 -0.010 109.496 -0.012
202203 -0.015 115.069 -0.016
202312 -0.008 126.399 -0.008

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


HyTerra  (ASX:HYT) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


HyTerra Cyclically Adjusted Price-to-FCF Related Terms

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HyTerra (ASX:HYT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HyTerra Ltd (ASX:HYT) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
335 Hay Street, Unit 9, SUBIACO, WA, AUS, 6011
HyTerra Ltd is dedicated to the exploration and production of natural hydrogen. Natural hydrogen is generated through naturally occurring processes in the subsurface. The company explores natural hydrogen by drilling wells in prospective regions around the world.