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New Zealand Energy (New Zealand Energy) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is New Zealand Energy Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Zealand Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New Zealand 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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New Zealand Energy Cyclically Adjusted Price-to-FCF Chart

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

For the Oil & Gas E&P subindustry, New Zealand 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.


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

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

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



New Zealand 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.

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

For example, New Zealand 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)
=-0.098/128.0949*128.0949
=-0.098

Current CPI (Dec. 2023) = 128.0949.

New Zealand Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.311 99.396 -1.690
201406 -1.531 99.646 -1.968
201409 -0.110 99.979 -0.141
201412 -0.529 99.812 -0.679
201503 -0.387 99.646 -0.497
201506 -0.149 100.063 -0.191
201509 -0.078 100.396 -0.100
201512 -0.157 99.896 -0.201
201603 -0.070 100.063 -0.090
201606 -0.036 100.480 -0.046
201609 -0.030 100.813 -0.038
201612 -0.206 101.230 -0.261
201703 0.039 102.231 0.049
201706 -0.033 102.231 -0.041
201709 -0.066 102.731 -0.082
201712 0.067 102.844 0.083
201803 -0.029 103.355 -0.036
201806 0.049 103.764 0.060
201809 0.252 104.684 0.308
201812 0.155 104.786 0.189
201903 -0.090 104.889 -0.110
201906 -0.006 105.502 -0.007
201909 0.022 106.218 0.027
201912 0.131 106.729 0.157
202003 -0.049 107.547 -0.058
202006 -0.280 107.035 -0.335
202009 0.033 107.751 0.039
202012 0.132 108.262 0.156
202103 0.046 109.182 0.054
202106 0.355 110.614 0.411
202109 -0.406 113.067 -0.460
202112 -0.050 114.703 -0.056
202203 -0.001 116.747 -0.001
202206 -0.059 118.690 -0.064
202209 0.067 121.245 0.071
202212 0.009 122.983 0.009
202303 -0.024 124.517 -0.025
202306 -0.080 125.846 -0.081
202309 -0.034 128.095 -0.034
202312 -0.098 128.095 -0.098

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.


New Zealand Energy  (OTCPK:NZERF) 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.


New Zealand Energy Cyclically Adjusted Price-to-FCF Related Terms

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


New Zealand Energy (New Zealand Energy) Business Description

Industry
Traded in Other Exchanges
Address
119-125 Devon Street East, P.O. Box 8440, Level 2, New Plymouth, NTL, NZL, 4310
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates most of its revenues from Oil sales.

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