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StealthGas (StealthGas) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is StealthGas Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


StealthGas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for StealthGas'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.

StealthGas Cyclically Adjusted Price-to-FCF Chart

StealthGas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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StealthGas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of StealthGas's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, StealthGas'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.


StealthGas's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, StealthGas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



StealthGas 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.

StealthGas's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, StealthGas's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.52/116.4647*116.4647
=0.520

Current CPI (Dec. 2023) = 116.4647.

StealthGas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.272 102.748 -0.308
201406 -0.916 103.060 -1.035
201409 -0.986 102.624 -1.119
201412 0.248 100.254 0.288
201503 0.133 100.549 0.154
201506 -1.025 100.838 -1.184
201509 -2.017 100.856 -2.329
201512 0.321 100.087 0.374
201603 -0.286 99.041 -0.336
201606 -0.390 100.121 -0.454
201609 0.050 99.878 0.058
201612 0.124 100.110 0.144
201703 -0.080 100.770 -0.092
201706 -0.675 101.138 -0.777
201709 0.235 100.882 0.271
201712 0.312 100.762 0.361
201803 -1.650 100.534 -1.911
201806 -0.548 102.121 -0.625
201809 0.235 101.982 0.268
201812 0.195 101.330 0.224
201903 0.182 101.482 0.209
201906 0.114 101.837 0.130
201909 0.209 101.906 0.239
201912 0.270 102.120 0.308
202003 0.398 101.479 0.457
202006 -0.357 100.239 -0.415
202009 0.027 99.886 0.031
202012 0.025 99.751 0.029
202103 -0.293 99.817 -0.342
202106 0.220 101.270 0.253
202109 0.248 102.095 0.283
202112 0.243 104.853 0.270
202203 0.440 108.651 0.472
202206 0.339 113.517 0.348
202209 -0.098 114.371 -0.100
202212 0.433 112.428 0.449
202303 0.516 113.620 0.529
202306 0.710 115.515 0.716
202309 0.327 116.234 0.328
202312 0.520 116.465 0.520

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.


StealthGas  (NAS:GASS) 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.


StealthGas Cyclically Adjusted Price-to-FCF Related Terms

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


StealthGas (StealthGas) Business Description

Industry
Traded in Other Exchanges
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.
Executives
Glendon Opportunities Fund, L.p. 10 percent owner MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp 10 percent owner 2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404

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