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Avance Gas Holding (CHIX:AGASO) Cyclically Adjusted FCF per Share : kr-7.28 (As of Sep. 2024)


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What is Avance Gas Holding 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.

Avance Gas Holding's adjusted free cash flow per share for the three months ended in Sep. 2024 was kr5.121. 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 kr-7.28 for the trailing ten years ended in Sep. 2024.

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.

As of today (2024-12-11), Avance Gas Holding's current stock price is kr101.50. Avance Gas Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was kr-7.28. Avance Gas Holding's Cyclically Adjusted Price-to-FCF of today is .


Avance Gas Holding Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Avance Gas Holding'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.

Avance Gas Holding Cyclically Adjusted FCF per Share Chart

Avance Gas Holding Annual Data
Trend Nov13 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 - - - -6.12 -6.82

Avance Gas Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.64 -6.82 -5.60 -4.61 -7.28

Competitive Comparison of Avance Gas Holding's Cyclically Adjusted FCF per Share

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.


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

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

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



Avance Gas Holding 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, Avance Gas Holding's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.121/133.0289*133.0289
=5.121

Current CPI (Sep. 2024) = 133.0289.

Avance Gas Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 4.001 100.352 5.304
201503 -20.358 99.621 -27.185
201506 -20.678 100.684 -27.321
201509 -32.409 100.392 -42.945
201512 -1.738 99.792 -2.317
201603 14.572 100.470 19.294
201606 1.781 101.688 2.330
201609 3.958 101.861 5.169
201612 0.038 101.863 0.050
201703 -0.512 102.862 -0.662
201706 0.764 103.349 0.983
201709 -1.390 104.136 -1.776
201712 -0.772 104.011 -0.987
201803 -1.154 105.290 -1.458
201806 -1.311 106.317 -1.640
201809 -1.092 106.507 -1.364
201812 1.436 105.998 1.802
201903 -0.204 107.251 -0.253
201906 0.061 108.070 0.075
201909 3.959 108.329 4.862
201912 6.723 108.420 8.249
202003 2.464 108.902 3.010
202006 1.640 108.767 2.006
202009 -1.905 109.815 -2.308
202012 -0.167 109.897 -0.202
202103 5.110 111.754 6.083
202106 -3.451 114.631 -4.005
202109 1.024 115.734 1.177
202112 -0.428 117.630 -0.484
202203 -9.565 121.301 -10.490
202206 -0.232 125.017 -0.247
202209 -8.947 125.227 -9.504
202212 4.330 125.222 4.600
202303 -1.814 127.348 -1.895
202306 -5.155 128.729 -5.327
202309 0.545 129.860 0.558
202312 4.653 129.419 4.783
202403 8.179 131.776 8.257
202406 -5.378 132.554 -5.397
202409 5.121 133.029 5.121

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


Avance Gas Holding  (CHIX:AGASo) 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.


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.


Avance Gas Holding Cyclically Adjusted FCF per Share Related Terms

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


Avance Gas Holding Business Description

Industry
Address
14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment which is liquefied petroleum gas.

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