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SMG Industries (SMG Industries) Cyclically Adjusted FCF per Share : $0.25 (As of Sep. 2023)


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What is SMG Industries Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

SMG Industries's adjusted free cash flow per share for the three months ended in Sep. 2023 was $-0.003. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.25 for the trailing ten years ended in Sep. 2023.

During the past 12 months, SMG Industries's average Cyclically Adjusted FCF Growth Rate was -21.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-28), SMG Industries's current stock price is $0.0475. SMG Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.25. SMG Industries's Cyclically Adjusted Price-to-FCF of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SMG Industries was 1.83. The lowest was 0.19. And the median was 0.70.


SMG Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SMG Industries's Cyclically Adjusted FCF per Share 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.

SMG Industries Cyclically Adjusted FCF per Share Chart

SMG Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.28 -3.10 -0.50 0.24 0.32

SMG Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted FCF per Share 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 0.32 0.32 0.33 0.33 0.25

Competitive Comparison of SMG Industries's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, SMG Industries'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.


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

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

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



SMG Industries Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SMG Industries's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.003/129.8595*129.8595
=-0.003

Current CPI (Sep. 2023) = 129.8595.

SMG Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.401 98.326 0.530
201403 0.505 99.695 0.658
201406 0.468 100.560 0.604
201409 0.815 100.428 1.054
201412 0.563 99.070 0.738
201503 -0.067 99.621 -0.087
201506 -0.142 100.684 -0.183
201509 -0.050 100.392 -0.065
201512 -0.057 99.792 -0.074
201603 -0.038 100.470 -0.049
201606 -0.068 101.688 -0.087
201609 0.215 101.861 0.274
201612 0.072 101.863 0.092
201703 0.111 102.862 0.140
201706 -0.176 103.349 -0.221
201709 0.027 104.136 0.034
201712 -0.044 104.011 -0.055
201803 -0.029 105.290 -0.036
201806 -0.009 106.317 -0.011
201809 0.009 106.507 0.011
201812 -0.020 105.998 -0.025
201903 -0.010 107.251 -0.012
201906 -0.031 108.070 -0.037
201909 -0.013 108.329 -0.016
201912 0.027 108.420 0.032
202003 -0.168 108.902 -0.200
202006 0.014 108.767 0.017
202009 -0.083 109.815 -0.098
202012 -0.028 109.897 -0.033
202103 -0.054 111.754 -0.063
202106 -0.149 114.631 -0.169
202109 -0.049 115.734 -0.055
202112 -0.097 117.630 -0.107
202203 -0.065 121.301 -0.070
202206 0.027 125.017 0.028
202209 0.017 125.227 0.018
202212 -0.010 125.222 -0.010
202303 0.019 127.348 0.019
202306 0.001 128.729 0.001
202309 -0.003 129.860 -0.003

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


SMG Industries  (OTCPK:SMGI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

SMG Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.0475/0.25
=0.19

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SMG Industries was 1.83. The lowest was 0.19. And the median was 0.70.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


SMG Industries Cyclically Adjusted FCF per Share Related Terms

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


SMG Industries (SMG Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
State Hwy 249, Suite 450, Houston, TX, USA, 77070
SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.
Executives
Timothy W Barnhart director, officer: Chief Financial Officer 9251 WEST MAIN ROAD, NORTH EAST PA 16428
Bryan S Barnhart director, officer: Chief Executive Officer 9251 WEST MAIN ROAD, NORTH EAST PA 16428
Wilson Newton W Iii director, 10 percent owner C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Frye James E. Jr. director, 10 percent owner 4090 N. HWY US 79, PALESTINE TX 75801
Newton W. Dorsett director 220 TRAVIS STREET, SUITE 501, SHREVEPORT LA 71101
Brady E. Crosswell director, 10 percent owner 902 WILD VALLEY ROAD, HOUSTON TX 77057
Steven H Madden 10 percent owner 9821 KATY FWY, STE 880, APEX HERITAGE GROUP, HOUSTON TX 77024
Allen Ray Parrott officer: Chief Financial Officer 10626 SHELDON ROAD, HOUSTON TX 77044
Jeffrey Ralph Martini officer: Chief Executive Officer 18226 MEMORIAL SPRINGS CT., TOMBALL TX 77375
Joseph L Page director 8523 OLD QUARRY DR, SUGAR LAND TX 77479
Matthew C Flemming director, officer: President, CEO and Chairman 18614 RESICA FALLS, HOUSTON TX 77094
Stephen Christian officer: Executive Vice President 710 N. POST ROAD, SUITE 400, HOUSTON TX 77024
Robert Michael Villarreal director 710 N POST OAK ROAD, SUITE 315, HOUSTON TX 77024
George W Gilman 10 percent owner 710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
Gilbert Michael A. Ii director 851 WYCLIFFE DRIVE, HOUSTON TX 77079

SMG Industries (SMG Industries) Headlines

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