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Arrow Exploration (TSXV:AXL) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Arrow Exploration Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Exploration Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Arrow Exploration'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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Arrow Exploration Cyclically Adjusted Price-to-FCF Chart

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

For the Oil & Gas E&P subindustry, Arrow Exploration'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.


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

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

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



Arrow Exploration 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.

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

For example, Arrow Exploration'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)
=-0.038/125.0724*125.0724
=-0.038

Current CPI (Dec. 2023) = 125.0724.

Arrow Exploration Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.264 98.604 0.335
201406 0.238 99.473 0.299
201409 0.083 99.394 0.104
201412 0.104 98.367 0.132
201503 -0.070 99.789 -0.088
201506 -0.159 100.500 -0.198
201509 -1.401 100.421 -1.745
201512 -4.673 99.947 -5.848
201603 -0.145 101.054 -0.179
201606 -0.424 102.002 -0.520
201609 -0.377 101.765 -0.463
201612 -0.344 101.449 -0.424
201703 -1.921 102.634 -2.341
201706 -1.258 103.029 -1.527
201709 -0.542 103.345 -0.656
201712 -0.036 103.345 -0.044
201803 -0.041 105.004 -0.049
201806 0.003 105.557 0.004
201809 0.002 105.636 0.002
201812 0.052 105.399 0.062
201903 -0.056 106.979 -0.065
201906 -0.189 107.690 -0.220
201909 0.021 107.611 0.024
201912 0.127 107.769 0.147
202003 -0.021 107.927 -0.024
202006 -0.013 108.401 -0.015
202009 0.003 108.164 0.003
202012 -0.031 108.559 -0.036
202103 -0.056 110.298 -0.064
202106 -0.031 111.720 -0.035
202109 0.018 112.905 0.020
202112 -0.014 113.774 -0.015
202203 -0.004 117.646 -0.004
202206 -0.054 120.806 -0.056
202209 0.015 120.648 0.016
202212 0.023 120.964 0.024
202303 -0.009 122.702 -0.009
202306 -0.008 124.203 -0.008
202309 0.005 125.230 0.005
202312 -0.038 125.072 -0.038

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.


Arrow Exploration  (TSXV:AXL) 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.


Arrow Exploration Cyclically Adjusted Price-to-FCF Related Terms

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


Arrow Exploration (TSXV:AXL) Business Description

Industry
Traded in Other Exchanges
Address
333 - 11th Avenue SW, 1430, Calgary, CAN, T2R 1L9
Arrow Exploration Corp is engaged in oil exploration, development and production, and the acquisition of oil and gas properties. It operates in Colombia and Western Canada. Some of the company's assets are Tapir Block and Santa Isabel. The Canada segment of the company is referred to as Corporate Segment. The company's revenues are majorly derived from Oil Sales.
Executives
Canacol Energy Ltd. 10% Security Holder

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