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Natural Gas Services Group (Natural Gas Services Group) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Natural Gas Services Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Natural Gas Services Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Natural Gas Services Group'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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Natural Gas Services Group Cyclically Adjusted Price-to-FCF Chart

Natural Gas Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.59 100.94 68.76 - -

Natural Gas Services Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Natural Gas Services Group's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group'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.


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

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

* The bar in red indicates where Natural Gas Services Group's Cyclically Adjusted Price-to-FCF falls into.



Natural Gas Services Group 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.

Natural Gas Services Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Natural Gas Services Group'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)
=-2.661/129.4194*129.4194
=-2.661

Current CPI (Dec. 2023) = 129.4194.

Natural Gas Services Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.301 99.695 -0.391
201406 -0.502 100.560 -0.646
201409 -0.758 100.428 -0.977
201412 0.088 99.070 0.115
201503 0.202 99.621 0.262
201506 1.001 100.684 1.287
201509 0.644 100.392 0.830
201512 0.425 99.792 0.551
201603 0.630 100.470 0.812
201606 0.703 101.688 0.895
201609 0.692 101.861 0.879
201612 0.178 101.863 0.226
201703 0.791 102.862 0.995
201706 -0.058 103.349 -0.073
201709 -0.005 104.136 -0.006
201712 -0.421 104.011 -0.524
201803 -0.272 105.290 -0.334
201806 -0.189 106.317 -0.230
201809 0.023 106.507 0.028
201812 -0.815 105.998 -0.995
201903 -0.978 107.251 -1.180
201906 -0.741 108.070 -0.887
201909 -0.749 108.329 -0.895
201912 -0.589 108.420 -0.703
202003 0.119 108.902 0.141
202006 0.164 108.767 0.195
202009 0.917 109.815 1.081
202012 0.107 109.897 0.126
202103 0.182 111.754 0.211
202106 -0.168 114.631 -0.190
202109 0.053 115.734 0.059
202112 0.152 117.630 0.167
202203 -0.253 121.301 -0.270
202206 -0.220 125.017 -0.228
202209 -0.750 125.227 -0.775
202212 -1.828 125.222 -1.889
202303 -2.394 127.348 -2.433
202306 -3.330 128.729 -3.348
202309 -2.582 129.860 -2.573
202312 -2.661 129.419 -2.661

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.


Natural Gas Services Group  (NYSE:NGS) 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.


Natural Gas Services Group Cyclically Adjusted Price-to-FCF Related Terms

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


Natural Gas Services Group (Natural Gas Services Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
404 Veterans Airpark Lane, Suite 300, Midland, TX, USA, 79705
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufacture, fabricate, rent, sell and maintain natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Gas Compressor Rental, Engineered Equipment Sales, Service, and Maintenance. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.
Executives
Georganne Hodges director 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
John D. Bittner officer: Interim CFO 1920 MCKINNEY AVENUE, SUITE 950, DALLAS TX 75201
Brian L Tucker officer: Chief Operating Officer 1250 NE LOOP 410, #1000, SAN ANTONIO TX 78209
Donald J Tringali director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Justin Jacobs director 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
James D Faircloth officer: Interim CFO 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Leslie Ann Beyer director C/O NATURAL GAS SERVICES GROUP., INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
James R Hazlett officer: Vice President-Technical Svcs. 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Stephen Charles Taylor director, officer: President and CEO 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
John Chisholm director C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON TX 77043
Micah C. Foster officer: Chief Financial Officer 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Nigel Jenvey director 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
James R Lawrence officer: VP & Chief Financial Officer C/O NATURAL GAS SERVICES GROUP, INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
David L Bradshaw director 508 WEST WALL STREET, SUITE 550, MIDLAND TX 79701
G Larry Lawrence officer: Chief Financial Officer C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701