GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parkland Corp (OTCPK:PKIUF) » Definitions » Cyclically Adjusted Price-to-FCF

Parkland (Parkland) Cyclically Adjusted Price-to-FCF : 13.28 (As of Apr. 30, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Parkland Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Parkland's current share price is $31.35. Parkland's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.36. Parkland's Cyclically Adjusted Price-to-FCF for today is 13.28.

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

PKIUF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.61   Med: 21.25   Max: 42.17
Current: 12.74

During the past years, Parkland's highest Cyclically Adjusted Price-to-FCF was 42.17. The lowest was 10.61. And the median was 21.25.

PKIUF's Cyclically Adjusted Price-to-FCF is ranked better than
55.58% of 394 companies
in the Oil & Gas industry
Industry Median: 14.345 vs PKIUF: 12.74

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.

Parkland's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.151. 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 $2.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parkland Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Parkland'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.

Parkland Cyclically Adjusted Price-to-FCF Chart

Parkland 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 38.33 22.23 16.14 11.22 12.75

Parkland Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.22 11.91 11.82 12.70 12.75

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

For the Oil & Gas Refining & Marketing subindustry, Parkland'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.


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

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

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



Parkland 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.

Parkland's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.35/2.36
=13.28

* 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.

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

For example, Parkland'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)
=1.151/125.4675*125.4675
=1.151

Current CPI (Dec. 2023) = 125.4675.

Parkland Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.153 98.604 -0.195
201406 0.654 99.473 0.825
201409 0.425 99.394 0.536
201412 0.403 98.367 0.514
201503 0.813 99.789 1.022
201506 0.315 100.500 0.393
201509 0.122 100.421 0.152
201512 0.141 99.947 0.177
201603 0.114 101.054 0.142
201606 0.628 102.002 0.772
201609 -0.172 101.765 -0.212
201612 0.006 101.449 0.007
201703 0.190 102.634 0.232
201706 0.115 103.029 0.140
201709 0.594 103.345 0.721
201712 0.254 103.345 0.308
201803 0.122 105.004 0.146
201806 0.136 105.557 0.162
201809 0.118 105.636 0.140
201812 0.608 105.399 0.724
201903 0.236 106.979 0.277
201906 1.976 107.690 2.302
201909 -0.396 107.611 -0.462
201912 0.237 107.769 0.276
202003 0.483 107.927 0.561
202006 2.704 108.401 3.130
202009 1.090 108.164 1.264
202012 -0.682 108.559 -0.788
202103 1.169 110.298 1.330
202106 1.388 111.720 1.559
202109 0.640 112.905 0.711
202112 -0.482 113.774 -0.532
202203 -0.522 117.646 -0.557
202206 1.250 120.806 1.298
202209 1.390 120.648 1.446
202212 1.628 120.964 1.689
202303 0.829 122.702 0.848
202306 1.706 124.203 1.723
202309 1.724 125.230 1.727
202312 1.151 125.468 1.151

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.


Parkland  (OTCPK:PKIUF) 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.


Parkland Cyclically Adjusted Price-to-FCF Related Terms

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


Parkland (Parkland) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parkland Corp (OTCPK:PKIUF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
240 - 4th Avenue South west, Suite 1800, Calgary, AB, CAN, T2P 4H4
Parkland Corp is a food and convenience retailer and an independent marketer, distributor, and refiner of fuel and petroleum products. Parkland delivers refined fuels, propane, and other high-quality petroleum products to motorists, businesses, consumers, and wholesale customers across the Americas. The company's lines of business are; Retail line of business includes the operations of Parkland retail service stations, including EV charging stations, and convenience and food stores, Commercial includes the operations of card lock sites, bulk fuel, propane, heating oil, lubricants, and other related services, Refining includes the operations of the Burnaby Refinery, and Corporate includes centralized administrative services and expenses.