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Essential Energy Services (TSX:ESN) Cyclically Adjusted Price-to-FCF : 20.00 (As of Jun. 06, 2024)


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What is Essential Energy Services Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Essential Energy Services's current share price is C$0.40. Essential Energy Services's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was C$0.02. Essential Energy Services's Cyclically Adjusted Price-to-FCF for today is 20.00.

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

TSX:ESN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.35   Med: 10.75   Max: 39.33
Current: 26.44

During the past years, Essential Energy Services's highest Cyclically Adjusted Price-to-FCF was 39.33. The lowest was 2.35. And the median was 10.75.

TSX:ESN's Cyclically Adjusted Price-to-FCF is not ranked
in the Oil & Gas industry.
Industry Median: 13.63 vs TSX:ESN: 26.44

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.

Essential Energy Services's adjusted free cash flow per share data for the three months ended in Jun. 2023 was C$-0.003. 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 C$0.02 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essential Energy Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Essential Energy 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.

Essential Energy Services Cyclically Adjusted Price-to-FCF Chart

Essential Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.68 23.54 9.38 8.16 9.07

Essential Energy Services Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 11.82 9.58 9.07 7.67 24.13

Competitive Comparison of Essential Energy Services's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Essential Energy 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.


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

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

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



Essential Energy 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.

Essential Energy Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.40/0.02
=20.00

* 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.

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

For example, Essential Energy Services's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.003/124.2033*124.2033
=-0.003

Current CPI (Jun. 2023) = 124.2033.

Essential Energy Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.176 97.419 -0.224
201312 -0.027 96.945 -0.035
201403 -0.053 98.604 -0.067
201406 0.193 99.473 0.241
201409 -0.212 99.394 -0.265
201412 0.068 98.367 0.086
201503 0.172 99.789 0.214
201506 0.166 100.500 0.205
201509 -0.057 100.421 -0.070
201512 -0.003 99.947 -0.004
201603 -0.031 101.054 -0.038
201606 -0.007 102.002 -0.009
201609 -0.037 101.765 -0.045
201612 -0.009 101.449 -0.011
201703 -0.056 102.634 -0.068
201706 0.050 103.029 0.060
201709 -0.071 103.345 -0.085
201712 0.009 103.345 0.011
201803 -0.110 105.004 -0.130
201806 0.089 105.557 0.105
201809 -0.028 105.636 -0.033
201812 0.005 105.399 0.006
201903 0.079 106.979 0.092
201906 0.042 107.690 0.048
201909 -0.023 107.611 -0.027
201912 0.042 107.769 0.048
202003 -0.006 107.927 -0.007
202006 0.093 108.401 0.107
202009 0.013 108.164 0.015
202012 0.004 108.559 0.005
202103 0.007 110.298 0.008
202106 0.043 111.720 0.048
202109 0.001 112.905 0.001
202112 -0.020 113.774 -0.022
202203 -0.024 117.646 -0.025
202206 0.009 120.806 0.009
202209 -0.046 120.648 -0.047
202212 0.065 120.964 0.067
202303 -0.009 122.702 -0.009
202306 -0.003 124.203 -0.003

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.


Essential Energy Services  (TSX:ESN) 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.


Essential Energy Services Cyclically Adjusted Price-to-FCF Related Terms

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


Essential Energy Services (TSX:ESN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1
Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.

Essential Energy Services (TSX:ESN) Headlines

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