GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CGG (XPAR:CGG) » Definitions » Cyclically Adjusted FCF per Share

CGG (XPAR:CGG) Cyclically Adjusted FCF per Share : €0.29 (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is CGG 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.

CGG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.130. 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 €0.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CGG's average Cyclically Adjusted FCF Growth Rate was -19.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -45.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -41.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -36.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CGG was 17.20% per year. The lowest was -47.50% per year. And the median was -9.30% per year.

As of today (2024-04-29), CGG's current stock price is €0.4076. CGG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.29. CGG's Cyclically Adjusted Price-to-FCF of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CGG was 8.53. The lowest was 0.14. And the median was 0.74.


CGG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CGG'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.

CGG Cyclically Adjusted FCF per Share Chart

CGG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.74 0.97 0.36 0.29

CGG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 0.85 0.81 0.87 0.29

Competitive Comparison of CGG's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, CGG'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.


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

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

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



CGG 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, CGG'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)
=0.13/118.2300*118.2300
=0.130

Current CPI (Dec. 2023) = 118.2300.

CGG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.334 100.240 -5.112
201406 0.044 100.180 0.052
201409 -2.192 99.920 -2.594
201412 5.062 99.860 5.993
201503 -0.925 100.170 -1.092
201506 -1.277 100.440 -1.503
201509 0.739 99.950 0.874
201512 0.754 100.040 0.891
201603 2.740 100.020 3.239
201606 -0.615 100.630 -0.723
201609 -2.423 100.340 -2.855
201612 2.951 100.650 3.466
201703 -1.594 101.170 -1.863
201706 -1.539 101.320 -1.796
201709 0.488 101.330 0.569
201712 3.647 101.850 4.234
201803 -0.088 102.750 -0.101
201806 0.001 103.370 0.001
201809 0.026 103.560 0.030
201812 0.092 103.470 0.105
201903 0.190 103.890 0.216
201906 0.063 104.580 0.071
201909 0.217 104.500 0.246
201912 0.165 104.980 0.186
202003 0.074 104.590 0.084
202006 -0.010 104.790 -0.011
202009 -0.070 104.550 -0.079
202012 -0.034 104.960 -0.038
202103 0.072 105.750 0.080
202106 -0.003 106.340 -0.003
202109 0.004 106.810 0.004
202112 0.055 107.850 0.060
202203 0.091 110.490 0.097
202206 0.131 112.550 0.138
202209 -0.217 112.740 -0.228
202212 0.070 114.160 0.072
202303 0.003 116.790 0.003
202306 0.092 117.650 0.092
202309 -0.009 118.260 -0.009
202312 0.130 118.230 0.130

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


CGG  (XPAR:CGG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.4076/0.29
=1.41

* 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 CGG was 8.53. The lowest was 0.14. And the median was 0.74.


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.


CGG Cyclically Adjusted FCF per Share Related Terms

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


CGG (XPAR:CGG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CGG (XPAR:CGG) » Definitions » Cyclically Adjusted FCF per Share
Address
27 avenue Carnot, Massy, FRA, 91300
CGG is a global technology and HPC providers that delivers data, products, services and solutions in Earth science, data science, sensing and monitoring. Its portfolio supports in efficiently and responsibly solving complex digital, energy transition, natural resource, environmental, and infrastructure challenges for a more sustainable future.

CGG (XPAR:CGG) Headlines

No Headlines