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Archer (Archer) Cyclically Adjusted FCF per Share : $0.74 (As of Mar. 2024)


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What is Archer 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.

Archer's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.080. 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 $0.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Archer's average Cyclically Adjusted FCF Growth Rate was -13.80% 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 Archer was 57.70% per year. The lowest was 10.40% per year. And the median was 34.05% per year.

As of today (2024-05-24), Archer's current stock price is $2.94. Archer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.74. Archer's Cyclically Adjusted Price-to-FCF of today is 3.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Archer was 9.92. The lowest was 1.84. And the median was 3.19.


Archer Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Archer'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.

Archer Cyclically Adjusted FCF per Share Chart

Archer 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 -3.44 -5.31 -3.78 -0.27 0.49

Archer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.95 0.84 0.76 0.49 0.74

Competitive Comparison of Archer's Cyclically Adjusted FCF per Share

For the Oil & Gas Drilling subindustry, Archer'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.


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

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

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



Archer 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, Archer's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.08/132.6000*132.6000
=0.080

Current CPI (Mar. 2024) = 132.6000.

Archer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.638 97.500 -2.228
201409 -4.672 98.500 -6.289
201412 -1.345 98.600 -1.809
201503 -6.839 99.200 -9.142
201506 2.697 100.100 3.573
201509 -2.456 100.600 -3.237
201512 -1.316 100.900 -1.729
201603 0.738 102.500 0.955
201606 3.900 103.800 4.982
201609 -2.605 104.200 -3.315
201612 2.861 104.400 3.634
201703 -0.662 105.000 -0.836
201706 -0.118 105.800 -0.148
201709 -1.120 105.900 -1.402
201712 1.665 106.100 2.081
201803 -0.358 107.300 -0.442
201806 0.007 108.500 0.009
201809 -0.397 109.500 -0.481
201812 1.555 109.800 1.878
201903 0.104 110.400 0.125
201906 0.824 110.600 0.988
201909 -1.946 111.100 -2.323
201912 1.050 111.300 1.251
202003 -0.566 111.200 -0.675
202006 2.201 112.100 2.604
202009 0.849 112.900 0.997
202012 -0.032 112.900 -0.038
202103 -0.526 114.600 -0.609
202106 0.673 115.300 0.774
202109 -0.577 117.500 -0.651
202112 1.666 118.900 1.858
202203 -0.719 119.800 -0.796
202206 1.949 122.600 2.108
202209 12.516 125.600 13.214
202212 -0.555 125.900 -0.585
202303 1.625 127.600 1.689
202306 -0.904 130.400 -0.919
202309 -0.656 129.800 -0.670
202312 -0.015 131.900 -0.015
202403 0.080 132.600 0.080

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


Archer  (OTCPK:ARHVD) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.94/0.74
=3.97

* 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 Archer was 9.92. The lowest was 1.84. And the median was 3.19.


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.


Archer Cyclically Adjusted FCF per Share Related Terms

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


Archer (Archer) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OTCPK:ARHVD) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
Sandnesveien 358, Sandnes, NOR, 4312
Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.

Archer (Archer) Headlines

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