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Archer (CHIX:ARCHO) Cyclically Adjusted FCF per Share : kr7.25 (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 kr0.849. 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 kr7.25 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 (2024-06-13), Archer's current stock price is kr22.525. Archer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr7.25. Archer's Cyclically Adjusted Price-to-FCF of today is 3.11.

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 3.20.


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 -38.75 -48.81 -36.76 -3.92 5.47

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 18.76 7.66 7.03 5.47 7.25

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)
=0.849/132.6000*132.6000
=0.849

Current CPI (Mar. 2024) = 132.6000.

Archer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -9.897 97.500 -13.460
201409 -29.677 98.500 -39.951
201412 -9.787 98.600 -13.162
201503 -54.679 99.200 -73.089
201506 21.067 100.100 27.907
201509 -20.349 100.600 -26.822
201512 -11.449 100.900 -15.046
201603 6.251 102.500 8.087
201606 32.391 103.800 41.378
201609 -21.354 104.200 -27.174
201612 24.493 104.400 31.109
201703 -5.629 105.000 -7.109
201706 -1.002 105.800 -1.256
201709 -8.779 105.900 -10.992
201712 13.849 106.100 17.308
201803 -2.780 107.300 -3.435
201806 0.053 108.500 0.065
201809 -3.272 109.500 -3.962
201812 13.416 109.800 16.202
201903 0.895 110.400 1.075
201906 7.113 110.600 8.528
201909 -17.522 111.100 -20.913
201912 9.476 111.300 11.289
202003 -5.798 111.200 -6.914
202006 20.978 112.100 24.814
202009 7.779 112.900 9.136
202012 -0.282 112.900 -0.331
202103 -4.481 114.600 -5.185
202106 5.665 115.300 6.515
202109 -4.993 117.500 -5.635
202112 14.966 118.900 16.690
202203 -6.353 119.800 -7.032
202206 18.998 122.600 20.548
202209 128.895 125.600 136.079
202212 -5.481 125.900 -5.773
202303 17.116 127.600 17.787
202306 -9.760 130.400 -9.925
202309 -7.032 129.800 -7.184
202312 -0.162 131.900 -0.163
202403 0.849 132.600 0.849

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


Archer  (CHIX:ARCHo) 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
=22.525/7.25
=3.11

* 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 3.20.


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 (CHIX:ARCHO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (CHIX:ARCHo) » 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.

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