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Niko Resources (Niko Resources) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Niko Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Niko 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.

* Premium members only.

Niko Resources Cyclically Adjusted Price-to-FCF Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted Price-to-FCF
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Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Niko Resources's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Niko 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.


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

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

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



Niko 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.

Niko Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Niko Resources's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=0.016/105.3990*105.3990
=0.016

Current CPI (Dec. 2018) = 105.3990.

Niko Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200903 -3.211 90.071 -3.757
200906 -1.003 90.940 -1.162
200909 -0.969 90.624 -1.127
200912 0.571 90.703 0.664
201003 0.694 91.335 0.801
201006 0.500 91.809 0.574
201009 0.671 92.362 0.766
201012 0.493 92.836 0.560
201103 0.832 94.338 0.930
201106 -0.278 94.654 -0.310
201109 -0.259 95.286 -0.286
201112 -0.453 94.970 -0.503
201203 -0.568 96.155 -0.623
201206 -0.274 96.076 -0.301
201209 -0.752 96.392 -0.822
201212 -1.017 95.760 -1.119
201303 -0.474 97.103 -0.514
201306 -0.564 97.182 -0.612
201309 -1.527 97.419 -1.652
201312 -0.076 96.945 -0.083
201403 -0.520 98.604 -0.556
201406 -0.219 99.473 -0.232
201409 -0.089 99.394 -0.094
201412 -0.169 98.367 -0.181
201503 -0.074 99.789 -0.078
201506 -0.048 100.500 -0.050
201509 0.012 100.421 0.013
201512 0.064 99.947 0.067
201603 0.042 101.054 0.044
201606 0.029 102.002 0.030
201609 -0.182 101.765 -0.188
201612 -0.064 101.449 -0.066
201703 -0.058 102.634 -0.060
201706 -0.019 103.029 -0.019
201709 -0.004 103.345 -0.004
201712 0.000 103.345 0.000
201803 -0.080 105.004 -0.080
201806 0.109 105.557 0.109
201809 -0.082 105.636 -0.082
201812 0.016 105.399 0.016

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.


Niko Resources  (OTCPK:NKRSF) 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.


Niko Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Niko Resources (Niko Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
205 - 5th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 2V7
Niko Resources Ltd is an oil and natural gas exploration and production company.

Niko Resources (Niko Resources) Headlines

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