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Journey Energy (Journey Energy) Cyclically Adjusted Price-to-FCF : (As of May. 13, 2024)


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What is Journey Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Journey Energy Cyclically Adjusted Price-to-FCF Historical Data

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

Journey Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Journey Energy 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 Journey Energy's Cyclically Adjusted Price-to-FCF

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


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

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

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



Journey Energy 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.

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

For example, Journey Energy'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)
=0.149/125.4675*125.4675
=0.149

Current CPI (Dec. 2023) = 125.4675.

Journey Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.826 98.604 -4.868
201406 0.444 99.473 0.560
201409 -0.205 99.394 -0.259
201412 0.099 98.367 0.126
201503 0.100 99.789 0.126
201506 -0.001 100.500 -0.001
201509 -0.010 100.421 -0.012
201512 0.031 99.947 0.039
201603 -0.046 101.054 -0.057
201606 -0.084 102.002 -0.103
201609 0.095 101.765 0.117
201612 -0.036 101.449 -0.045
201703 -0.109 102.634 -0.133
201706 -0.438 103.029 -0.533
201709 0.110 103.345 0.134
201712 0.000 103.345 0.000
201803 -0.020 105.004 -0.024
201806 -0.206 105.557 -0.245
201809 0.012 105.636 0.014
201812 -0.110 105.399 -0.131
201903 0.102 106.979 0.120
201906 -0.054 107.690 -0.063
201909 0.036 107.611 0.042
201912 0.042 107.769 0.049
202003 -0.032 107.927 -0.037
202006 0.027 108.401 0.031
202009 0.048 108.164 0.056
202012 0.071 108.559 0.082
202103 0.064 110.298 0.073
202106 0.168 111.720 0.189
202109 0.164 112.905 0.182
202112 0.175 113.774 0.193
202203 0.136 117.646 0.145
202206 0.128 120.806 0.133
202209 0.233 120.648 0.242
202212 -0.400 120.964 -0.415
202303 0.041 122.702 0.042
202306 -0.021 124.203 -0.021
202309 0.055 125.230 0.055
202312 0.149 125.468 0.149

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.


Journey Energy  (OTCPK:JRNGF) 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.


Journey Energy Cyclically Adjusted Price-to-FCF Related Terms

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Journey Energy (Journey Energy) Business Description

Industry
Traded in Other Exchanges
Address
517 - 10th Avenue South West, Suite 700, Calgary, AB, CAN, T2R 0A8
Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.

Journey Energy (Journey Energy) Headlines