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Gulf Marine Services (LSE:GMS) Cyclically Adjusted Price-to-FCF : 9.40 (As of May. 28, 2024)


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What is Gulf Marine Services Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Gulf Marine Services's current share price is £0.188. Gulf Marine Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was £0.02. Gulf Marine Services's Cyclically Adjusted Price-to-FCF for today is 9.40.

The historical rank and industry rank for Gulf Marine Services's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:GMS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.48   Med: 2.86   Max: 12
Current: 11.75

During the past 13 years, Gulf Marine Services's highest Cyclically Adjusted Price-to-FCF was 12.00. The lowest was 1.48. And the median was 2.86.

LSE:GMS's Cyclically Adjusted Price-to-FCF is ranked better than
56.57% of 396 companies
in the Oil & Gas industry
Industry Median: 13.66 vs LSE:GMS: 11.75

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Gulf Marine Services's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was £0.061. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is £0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Marine Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gulf Marine 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.

* Premium members only.

Gulf Marine Services Cyclically Adjusted Price-to-FCF Chart

Gulf Marine Services 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 - 2.22 2.88 2.45 9.07

Gulf Marine Services Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.88 - 2.45 - 9.07

Competitive Comparison of Gulf Marine Services's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Gulf Marine 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.


Gulf Marine Services's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Gulf Marine 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.

Gulf Marine Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.188/0.02
=9.40

* 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.

Gulf Marine Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gulf Marine Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.061/129.4194*129.4194
=0.061

Current CPI (Dec23) = 129.4194.

Gulf Marine Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.026 99.070 -0.034
201512 -0.084 99.792 -0.109
201612 -0.035 101.863 -0.044
201712 0.044 104.011 0.055
201812 0.009 105.998 0.011
201912 0.060 108.420 0.072
202012 0.044 109.897 0.052
202112 0.031 117.630 0.034
202212 0.061 125.222 0.063
202312 0.061 129.419 0.061

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.


Gulf Marine Services  (LSE:GMS) 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.


Gulf Marine Services Cyclically Adjusted Price-to-FCF Related Terms

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


Gulf Marine Services (LSE:GMS) Business Description

Industry
Traded in Other Exchanges
Address
P.O. Box 46046, Abu Dhabi, ARE
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). Its assets provide a stable platform for the delivery of a range of services performed by the company's clients throughout the total lifecycle of offshore oil, gas, and renewable energy activities. Its operating business segments include K-Class vessels, which include the Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, and Pepper vessels; S-Class vessels, which include the Shamal, Scirocco, and Sharqi vessels, E-Class vessels, which include the Endeavour, Endurance, Enterprise and Evolution vessels; and Other vessels segment.