GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (FRA:08T) » Definitions » Cyclically Adjusted FCF per Share

Tourmaline Oil (FRA:08T) Cyclically Adjusted FCF per Share : €0.21 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tourmaline Oil 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.

Tourmaline Oil's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.151. 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 €0.21 for the trailing ten years ended in Mar. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Tourmaline Oil was 32.00% per year. The lowest was 32.00% per year. And the median was 32.00% per year.

As of today (2024-06-05), Tourmaline Oil's current stock price is €44.63. Tourmaline Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.21. Tourmaline Oil's Cyclically Adjusted Price-to-FCF of today is 212.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tourmaline Oil was 333.32. The lowest was 206.81. And the median was 295.26.


Tourmaline Oil Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tourmaline Oil'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.

Tourmaline Oil Cyclically Adjusted FCF per Share Chart

Tourmaline Oil 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 -2.08 -1.52 -1.38 -0.68 0.13

Tourmaline Oil 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 -0.41 -0.29 -0.09 0.13 0.21

Competitive Comparison of Tourmaline Oil's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Tourmaline Oil'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.


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

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

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



Tourmaline Oil 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, Tourmaline Oil'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)
=0.151/126.2576*126.2576
=0.151

Current CPI (Mar. 2024) = 126.2576.

Tourmaline Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.130 99.473 -0.165
201409 -1.244 99.394 -1.580
201412 -1.407 98.367 -1.806
201503 -0.928 99.789 -1.174
201506 -0.390 100.500 -0.490
201509 -0.394 100.421 -0.495
201512 -0.267 99.947 -0.337
201603 -0.773 101.054 -0.966
201606 0.308 102.002 0.381
201609 -0.044 101.765 -0.055
201612 -3.060 101.449 -3.808
201703 -0.077 102.634 -0.095
201706 0.267 103.029 0.327
201709 -0.451 103.345 -0.551
201712 -0.091 103.345 -0.111
201803 0.165 105.004 0.198
201806 0.272 105.557 0.325
201809 -0.172 105.636 -0.206
201812 -0.128 105.399 -0.153
201903 0.027 106.979 0.032
201906 0.269 107.690 0.315
201909 -0.426 107.611 -0.500
201912 -0.048 107.769 -0.056
202003 0.063 107.927 0.074
202006 0.066 108.401 0.077
202009 -0.148 108.164 -0.173
202012 0.132 108.559 0.154
202103 0.733 110.298 0.839
202106 -0.383 111.720 -0.433
202109 0.199 112.905 0.223
202112 1.247 113.774 1.384
202203 1.336 117.646 1.434
202206 1.882 120.806 1.967
202209 1.387 120.648 1.451
202212 1.230 120.964 1.284
202303 1.860 122.702 1.914
202306 1.404 124.203 1.427
202309 0.638 125.230 0.643
202312 0.736 125.072 0.743
202403 0.151 126.258 0.151

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


Tourmaline Oil  (FRA:08T) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.63/0.21
=212.52

* 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 Tourmaline Oil was 333.32. The lowest was 206.81. And the median was 295.26.


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.


Tourmaline Oil Cyclically Adjusted FCF per Share Related Terms

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


Tourmaline Oil (FRA:08T) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (FRA:08T) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
250 - 6th Avenue S.W., Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

Tourmaline Oil (FRA:08T) Headlines

No Headlines