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Gear Energy (FRA:0GY) Cyclically Adjusted FCF per Share : €-0.04 (As of Mar. 2024)


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What is Gear Energy 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.

Gear Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.007. 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 €-0.04 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.

As of today (2024-06-07), Gear Energy's current stock price is €0.444. Gear Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.04. Gear Energy's Cyclically Adjusted Price-to-FCF of today is .


Gear Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gear Energy'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.

Gear Energy Cyclically Adjusted FCF per Share Chart

Gear Energy 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 - - - -0.08 -0.06

Gear Energy 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 -0.08 -0.09 -0.08 -0.06 -0.04

Competitive Comparison of Gear Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Gear Energy'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.


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

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

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



Gear Energy 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, Gear Energy'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)
=0.007/126.2576*126.2576
=0.007

Current CPI (Mar. 2024) = 126.2576.

Gear Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.709 99.473 -0.900
201409 -0.064 99.394 -0.081
201412 -0.067 98.367 -0.086
201503 0.126 99.789 0.159
201506 0.103 100.500 0.129
201509 0.033 100.421 0.041
201512 -0.002 99.947 -0.003
201603 0.027 101.054 0.034
201606 0.031 102.002 0.038
201609 0.011 101.765 0.014
201612 0.003 101.449 0.004
201703 -0.022 102.634 -0.027
201706 -0.003 103.029 -0.004
201709 -0.012 103.345 -0.015
201712 -0.007 103.345 -0.009
201803 0.017 105.004 0.020
201806 0.007 105.557 0.008
201809 -0.006 105.636 -0.007
201812 -0.018 105.399 -0.022
201903 -0.010 106.979 -0.012
201906 0.044 107.690 0.052
201909 0.005 107.611 0.006
201912 -0.004 107.769 -0.005
202003 -0.004 107.927 -0.005
202006 0.010 108.401 0.012
202009 0.024 108.164 0.028
202012 0.023 108.559 0.027
202103 0.006 110.298 0.007
202106 0.025 111.720 0.028
202109 -0.002 112.905 -0.002
202112 0.033 113.774 0.037
202203 0.018 117.646 0.019
202206 0.059 120.806 0.062
202209 0.033 120.648 0.035
202212 -0.001 120.964 -0.001
202303 -0.008 122.702 -0.008
202306 0.016 124.203 0.016
202309 0.014 125.230 0.014
202312 0.018 125.072 0.018
202403 0.007 126.258 0.007

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


Gear Energy  (FRA:0GY) 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.


Gear Energy Cyclically Adjusted FCF per Share Related Terms

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


Gear Energy (FRA:0GY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gear Energy Ltd (FRA:0GY) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
205 - 5th Avenue S.W., Suite 800, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
Gear Energy Ltd is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company's oil-focused operations are located in three core areas; Lloydminster Heavy Oil, Western Alberta Light/Medium Oil, and Southeast Saskatchewan Light Oil.

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