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PHX Energy Services (PHX Energy Services) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is PHX Energy Services Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PHX Energy Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PHX Energy Services'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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PHX Energy Services Cyclically Adjusted Price-to-FCF Chart

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

For the Oil & Gas Drilling subindustry, PHX Energy Services'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.


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

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

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



PHX Energy Services 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.

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

For example, PHX Energy Services'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)
=0.267/125.4675*125.4675
=0.267

Current CPI (Dec. 2023) = 125.4675.

PHX Energy Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.335 98.604 -0.426
201406 0.003 99.473 0.004
201409 -0.867 99.394 -1.094
201412 0.245 98.367 0.312
201503 0.184 99.789 0.231
201506 0.160 100.500 0.200
201509 0.050 100.421 0.062
201512 0.305 99.947 0.383
201603 -0.005 101.054 -0.006
201606 0.024 102.002 0.030
201609 -0.056 101.765 -0.069
201612 -0.056 101.449 -0.069
201703 -0.166 102.634 -0.203
201706 0.089 103.029 0.108
201709 -0.326 103.345 -0.396
201712 0.006 103.345 0.007
201803 -0.027 105.004 -0.032
201806 0.055 105.557 0.065
201809 -0.025 105.636 -0.030
201812 -0.332 105.399 -0.395
201903 -0.023 106.979 -0.027
201906 0.181 107.690 0.211
201909 0.018 107.611 0.021
201912 0.043 107.769 0.050
202003 -0.100 107.927 -0.116
202006 0.486 108.401 0.563
202009 0.114 108.164 0.132
202012 0.103 108.559 0.119
202103 -0.072 110.298 -0.082
202106 -0.032 111.720 -0.036
202109 0.224 112.905 0.249
202112 0.013 113.774 0.014
202203 -0.383 117.646 -0.408
202206 -0.070 120.806 -0.073
202209 0.044 120.648 0.046
202212 -0.178 120.964 -0.185
202303 -0.201 122.702 -0.206
202306 0.154 124.203 0.156
202309 0.220 125.230 0.220
202312 0.267 125.468 0.267

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.


PHX Energy Services  (OTCPK:PHXHF) 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.


PHX Energy Services Cyclically Adjusted Price-to-FCF Related Terms

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PHX Energy Services (PHX Energy Services) Business Description

Industry
Traded in Other Exchanges
Address
250-2nd Street South West, Suite 1400, Calgary, AB, CAN, T2P 0C1
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the us. PHX Energy has developed various new technologies that have positioned the corporation technology in the horizontal and directional drilling services sector in North America. The Corporation also operates in the Middle East regions through an arrangement with National Energy Services Reunited Corp.