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Panoro Energy ASA (FRA:1PZ) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Panoro Energy ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Panoro Energy ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panoro Energy ASA'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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Panoro Energy ASA Cyclically Adjusted Price-to-FCF Chart

Panoro Energy ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Panoro Energy ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Panoro Energy ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Panoro Energy ASA'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.


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

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

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



Panoro Energy ASA 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.

Panoro Energy ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Panoro Energy ASA'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)
=-0.018/132.6000*132.6000
=-0.018

Current CPI (Mar. 2024) = 132.6000.

Panoro Energy ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.094 97.500 -0.128
201409 -0.234 98.500 -0.315
201412 -0.423 98.600 -0.569
201503 -0.160 99.200 -0.214
201506 -0.010 100.100 -0.013
201509 -0.061 100.600 -0.080
201512 -0.024 100.900 -0.032
201603 -0.035 102.500 -0.045
201606 -0.064 103.800 -0.082
201609 -0.065 104.200 -0.083
201612 0.039 104.400 0.050
201703 -0.067 105.000 -0.085
201706 -0.077 105.800 -0.097
201709 -0.026 105.900 -0.033
201712 -0.074 106.100 -0.092
201803 -0.052 107.300 -0.064
201806 -0.148 108.500 -0.181
201809 -0.126 109.500 -0.153
201812 -0.107 109.800 -0.129
201903 -0.041 110.400 -0.049
201906 0.133 110.600 0.159
201909 -0.047 111.100 -0.056
201912 -0.052 111.300 -0.062
202003 -0.065 111.200 -0.078
202006 -0.074 112.100 -0.088
202009 -0.039 112.900 -0.046
202012 0.053 112.900 0.062
202103 -0.007 114.600 -0.008
202106 0.404 115.300 0.465
202109 -0.294 117.500 -0.332
202112 -1.104 118.900 -1.231
202203 0.135 119.800 0.149
202206 -0.236 122.600 -0.255
202209 0.441 125.600 0.466
202212 0.079 125.900 0.083
202303 0.232 127.600 0.241
202306 -0.275 130.400 -0.280
202309 0.318 129.800 0.325
202312 -0.160 131.900 -0.161
202403 -0.018 132.600 -0.018

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.


Panoro Energy ASA  (FRA:1PZ) 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.


Panoro Energy ASA Cyclically Adjusted Price-to-FCF Related Terms

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Panoro Energy ASA (FRA:1PZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Panoro Energy ASA (FRA:1PZ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
c/o Advokatfirma Schjodt AS, Tordenskiolds gate 12, P.O. Box 2444, Solli, Oslo, NOR, 0201
Panoro Energy ASA is a Norway based exploration and production company principally engaged in the exploration of oil and gas. The Group has four reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia and South Africa.

Panoro Energy ASA (FRA:1PZ) Headlines

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