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ROK Resources (TSXV:ROK) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is ROK Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ROK Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ROK Resources'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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ROK Resources Cyclically Adjusted Price-to-FCF Chart

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

For the Oil & Gas E&P subindustry, ROK Resources'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.


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

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

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



ROK Resources 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.

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

For example, ROK Resources'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)
=-0.027/125.0724*125.0724
=-0.027

Current CPI (Dec. 2023) = 125.0724.

ROK Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.287 98.604 -0.364
201406 -0.349 99.473 -0.439
201409 -0.198 99.394 -0.249
201412 -0.173 98.367 -0.220
201503 -0.161 99.789 -0.202
201506 -0.328 100.500 -0.408
201509 -0.132 100.421 -0.164
201512 -0.181 99.947 -0.227
201603 -0.137 101.054 -0.170
201606 -0.010 102.002 -0.012
201609 -0.014 101.765 -0.017
201612 -0.022 101.449 -0.027
201703 -0.026 102.634 -0.032
201706 -0.010 103.029 -0.012
201709 -0.005 103.345 -0.006
201712 -0.003 103.345 -0.004
201803 -0.015 105.004 -0.018
201806 -0.005 105.557 -0.006
201809 -0.001 105.636 -0.001
201812 -0.001 105.399 -0.001
201903 -0.001 106.979 -0.001
201906 -0.004 107.690 -0.005
201909 -0.001 107.611 -0.001
201912 -0.008 107.769 -0.009
202003 -0.004 107.927 -0.005
202006 -0.005 108.401 -0.006
202009 -0.008 108.164 -0.009
202012 -0.012 108.559 -0.014
202103 -0.004 110.298 -0.005
202106 -0.068 111.720 -0.076
202109 -0.026 112.905 -0.029
202112 0.061 113.774 0.067
202203 -0.021 117.646 -0.022
202206 0.075 120.806 0.078
202209 0.002 120.648 0.002
202212 -0.011 120.964 -0.011
202303 0.004 122.702 0.004
202306 0.027 124.203 0.027
202309 -0.010 125.230 -0.010
202312 -0.027 125.072 -0.027

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.


ROK Resources  (TSXV:ROK) 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.


ROK Resources Cyclically Adjusted Price-to-FCF Related Terms

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


ROK Resources (TSXV:ROK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ROK Resources Inc (TSXV:ROK) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
250 - 5th Street SW, Suite 750, Calgary, AB, CAN, T2P 0R4
ROK Resources Inc is an oil and natural gas exploration company. The company is engaged in petroleum and natural gas exploration and development activities in Western Canada.
Executives
Jared Lukomski 10% Security Holder, Issuer, Senior Officer