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Transocean (FRA:TOJ) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Transocean Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transocean Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transocean'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.

* Premium members only.

Transocean Cyclically Adjusted Price-to-FCF Chart

Transocean Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 1.69 2.31 5.60 7.15

Transocean Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 6.91 7.66 9.63 7.15 5.37

Competitive Comparison of Transocean's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Drilling subindustry, Transocean'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.


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

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

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



Transocean 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.

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

For example, Transocean'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)
=-0.192/107.3549*107.3549
=-0.192

Current CPI (Mar. 2024) = 107.3549.

Transocean Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.579 101.517 0.612
201409 1.108 101.247 1.175
201412 0.556 100.704 0.593
201503 0.827 100.339 0.885
201506 2.739 100.464 2.927
201509 -0.715 99.785 -0.769
201512 0.746 99.386 0.806
201603 0.649 99.475 0.700
201606 -0.612 100.088 -0.656
201609 0.474 99.604 0.511
201612 1.093 99.380 1.181
201703 0.141 100.040 0.151
201706 0.517 100.285 0.553
201709 0.545 100.254 0.584
201712 0.287 100.213 0.307
201803 0.093 100.836 0.099
201806 -0.067 101.435 -0.071
201809 0.307 101.246 0.326
201812 0.334 100.906 0.355
201903 -0.149 101.571 -0.157
201906 0.097 102.044 0.102
201909 -0.044 101.396 -0.047
201912 0.028 101.063 0.030
202003 -0.228 101.048 -0.242
202006 0.059 100.743 0.063
202009 0.019 100.585 0.020
202012 0.309 100.241 0.331
202103 0.050 100.800 0.053
202106 0.150 101.352 0.159
202109 0.135 101.533 0.143
202112 0.153 101.776 0.161
202203 -0.146 103.205 -0.152
202206 -0.101 104.783 -0.103
202209 0.202 104.835 0.207
202212 -0.300 104.666 -0.308
202303 -0.164 106.245 -0.166
202306 0.098 106.576 0.099
202309 -0.114 106.570 -0.115
202312 -0.139 106.461 -0.140
202403 -0.192 107.355 -0.192

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.


Transocean  (FRA:TOJ) 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.


Transocean Cyclically Adjusted Price-to-FCF Related Terms

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


Transocean (FRA:TOJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transocean Ltd (FRA:TOJ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.

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