GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ARC Resources Ltd (FRA:8RC) » Definitions » Cyclically Adjusted FCF per Share

ARC Resources (FRA:8RC) Cyclically Adjusted FCF per Share : €0.56 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is ARC Resources 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.

ARC Resources's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.158. 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 €0.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ARC Resources's average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 74.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 48.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -6.60% 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 ARC Resources was 84.70% per year. The lowest was -41.90% per year. And the median was -10.90% per year.

As of today (2024-05-17), ARC Resources's current stock price is €16.794. ARC Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.56. ARC Resources's Cyclically Adjusted Price-to-FCF of today is 29.99.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ARC Resources was 94.07. The lowest was 20.99. And the median was 41.67.


ARC Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ARC Resources'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.

ARC Resources Cyclically Adjusted FCF per Share Chart

ARC Resources 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 0.07 0.09 0.19 0.44 0.53

ARC Resources 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 0.44 0.47 0.53 0.53 0.56

Competitive Comparison of ARC Resources's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, ARC Resources'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.


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

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

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



ARC Resources 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, ARC Resources'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)
=0.158/126.2576*126.2576
=0.158

Current CPI (Mar. 2024) = 126.2576.

ARC Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.165 99.473 0.209
201409 -0.017 99.394 -0.022
201412 0.053 98.367 0.068
201503 0.032 99.789 0.040
201506 0.189 100.500 0.237
201509 0.001 100.421 0.001
201512 0.042 99.947 0.053
201603 0.153 101.054 0.191
201606 -0.124 102.002 -0.153
201609 0.007 101.765 0.009
201612 -0.034 101.449 -0.042
201703 -0.136 102.634 -0.167
201706 -0.052 103.029 -0.064
201709 -0.209 103.345 -0.255
201712 -0.097 103.345 -0.119
201803 -0.026 105.004 -0.031
201806 0.081 105.557 0.097
201809 0.117 105.636 0.140
201812 0.179 105.399 0.214
201903 -0.158 106.979 -0.186
201906 0.040 107.690 0.047
201909 -0.019 107.611 -0.022
201912 0.054 107.769 0.063
202003 0.028 107.927 0.033
202006 0.105 108.401 0.122
202009 0.224 108.164 0.261
202012 0.228 108.559 0.265
202103 0.271 110.298 0.310
202106 0.156 111.720 0.176
202109 0.323 112.905 0.361
202112 0.292 113.774 0.324
202203 0.443 117.646 0.475
202206 0.812 120.806 0.849
202209 0.851 120.648 0.891
202212 0.556 120.964 0.580
202303 0.061 122.702 0.063
202306 0.155 124.203 0.158
202309 0.239 125.230 0.241
202312 0.185 125.072 0.187
202403 0.158 126.258 0.158

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


ARC Resources  (FRA:8RC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.794/0.56
=29.99

* 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 ARC Resources was 94.07. The lowest was 20.99. And the median was 41.67.


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.


ARC Resources Cyclically Adjusted FCF per Share Related Terms

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


ARC Resources (FRA:8RC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ARC Resources Ltd (FRA:8RC) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
308 - 4th Avenue South West, Suite 1200, Calgary, AB, CAN, T2P 0H7
ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.

ARC Resources (FRA:8RC) Headlines

No Headlines