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C&J Energy Services (C&J Energy Services) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is C&J Energy Services Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


C&J Energy Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for C&J Energy Services'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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C&J Energy Services Cyclically Adjusted Price-to-FCF Chart

C&J Energy Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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C&J Energy Services Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of C&J Energy Services's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, C&J Energy Services'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.


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

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

* The bar in red indicates where C&J Energy Services's Cyclically Adjusted Price-to-FCF falls into.



C&J Energy Services 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.

C&J Energy Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec18 is calculated as:

For example, C&J Energy Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec18 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.463/105.9979*105.9979
=0.463

Current CPI (Dec18) = 105.9979.

C&J Energy Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 0.167 91.111 0.194
201012 0.005 92.474 0.006
201112 0.610 95.213 0.679
201212 1.342 96.871 1.468
201312 0.529 98.326 0.570
201412 -2.225 99.070 -2.381
201512 -0.616 99.792 -0.654
201612 -1.397 101.863 -1.454
201712 -3.418 104.011 -3.483
201812 0.463 105.998 0.463

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.


C&J Energy Services  (NYSE:CJ) 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.


C&J Energy Services Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of C&J Energy Services's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


C&J Energy Services (C&J Energy Services) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3990 Rogerdale Road, Houston, TX, USA, 77042
C&J Energy Services is an oil and gas equipment and services company operating in North America. The company provides oilfield and rig services to upstream exploration and production companies. Its three main business segments are completion services, well construction and intervention services, and well support services. Completion services generate most of the company's revenue and include fracturing services and cased-hole wireline and pumping services. The well construction and intervention services segment consists of cementing and coiled tubing services. The company's well support services segment includes rig services, fluid management services, and other special well site services. The company generates most of its revenue in the United States.
Executives
Sterling Renshaw officer: See Remarks 3990 ROGERDALE RD., HOUSTON TX 77042
John J Kennedy director C/O EDGEN GROUP INC., 18444 HIGHLAND ROAD, BATON ROUGE LA 70809
Michael Roemer director 10375 RICHMOND AVENUE, SUITE 2000, HOUSTON TX 77042
Patrick M Murray director 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Steven L Mueller director
William D. Driver officer: See Remarks 10375 RICHMOND AVENUE, SUITE 2000, HOUSTON TX 77042
Michael S Galvan officer: See Remarks 3990 ROGERDALE RD., HOUSTON TX 77042
Van Gaalen Jan Kees officer: Chief Financial Officer 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Danielle E. Hunter officer: See Remarks 3990 ROGERDALE RD., HOUSTON TX 77042
Amy H Nelson director 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Stuart M Brightman director 25025 INTERSTATE 45 NORTH, SUITE 600, THE WOODLANDS TX 77380
Solus Alternative Asset Management Lp 10 percent owner 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Christopher Pucillo 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Solus Gp Llc 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154