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SBM Offshore NV (SBM Offshore NV) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is SBM Offshore NV Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SBM Offshore NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SBM Offshore NV'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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SBM Offshore NV Cyclically Adjusted Price-to-FCF Chart

SBM Offshore NV 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 20.62 68.71 - - -

SBM Offshore NV 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 - - - - -

Competitive Comparison of SBM Offshore NV's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, SBM Offshore NV'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.


SBM Offshore NV's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



SBM Offshore NV 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.

SBM Offshore NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SBM Offshore NV'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)
=-1.884/126.4500*126.4500
=-1.884

Current CPI (Dec23) = 126.4500.

SBM Offshore NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -6.785 99.050 -8.662
201512 -2.645 99.730 -3.354
201612 2.242 100.710 2.815
201712 4.491 101.970 5.569
201812 7.831 103.970 9.524
201912 -1.309 106.800 -1.550
202012 -1.029 107.850 -1.206
202112 -4.406 114.010 -4.887
202212 -6.288 124.940 -6.364
202312 -1.884 126.450 -1.884

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.


SBM Offshore NV  (OTCPK:SBFFY) 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.


SBM Offshore NV Cyclically Adjusted Price-to-FCF Related Terms

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SBM Offshore NV (SBM Offshore NV) Business Description

Industry
Address
Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL
SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.

SBM Offshore NV (SBM Offshore NV) Headlines

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