Athabasca Oil (FRA:ATI) Cyclically Adjusted FCF per Share: €-0.01 (As of Mar. 2026)

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FRA:ATI Athabasca Oil Corp FRA:ATI
69 GF Score
Price €6.84
GF Value €4.05
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Athabasca Oil Cyclically Adjusted FCF per Share?

Athabasca Oil FRA:ATI +3.26% 69 Cyclically Adjusted FCF per Share is €-0.01 as of Mar. 2026. GuruFocus rates FRA:ATI with a GF Score™ of 69/100 and a GF Value™ of €4.05 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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.

Athabasca Oil's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.015. 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 €-0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 61.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 47.00% 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 Athabasca Oil was 61.10% per year. The lowest was 17.20% per year. And the median was 35.25% per year.

As of today (2026-07-15), Athabasca Oil's current stock price is €6.844. Athabasca Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.01. Athabasca Oil's Cyclically Adjusted Price-to-FCF of today is .


Athabasca Oil  (FRA:ATI) 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.


Athabasca Oil Cyclically Adjusted FCF per Share Related Terms


Athabasca Oil Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Athabasca 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.

Athabasca Oil Cyclically Adjusted FCF per Share Chart

Athabasca Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 -0.45 -0.29 -0.12 -0.02

Athabasca Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.09 -0.07 -0.06 -0.02 -0.01

FRA:ATI vs COP, EOG, FANG: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas E&P subindustry, Athabasca 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.


Athabasca Oil Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

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

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


FRA:ATI
69GF Score
Athabasca Oil Corp FRA:ATI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Athabasca 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, Athabasca Oil's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.015/132.2623*132.2623
=-0.015

Current CPI (Mar. 2026) = 132.2623.

Athabasca Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.003 102.002 -0.004
201609 -0.073 101.765 -0.095
201612 -0.150 101.449 -0.196
201703 -0.212 102.634 -0.273
201706 -0.023 103.029 -0.030
201709 -0.032 103.345 -0.041
201712 -0.020 103.345 -0.026
201803 -0.105 105.004 -0.132
201806 -0.034 105.557 -0.043
201809 -0.016 105.636 -0.020
201812 -0.086 105.399 -0.108
201903 -0.090 106.979 -0.111
201906 0.035 107.690 0.043
201909 -0.034 107.611 -0.042
201912 -0.048 107.769 -0.059
202003 -0.098 107.927 -0.120
202006 -0.046 108.401 -0.056
202009 -0.021 108.164 -0.026
202012 -0.001 108.559 -0.001
202103 -0.043 110.298 -0.052
202106 0.017 111.720 0.020
202109 0.074 112.905 0.087
202112 0.079 113.774 0.092
202203 0.039 117.646 0.044
202206 0.022 120.806 0.024
202209 0.080 120.648 0.088
202212 0.065 120.964 0.071
202303 -0.007 122.702 -0.008
202306 0.006 124.203 0.006
202309 0.121 125.230 0.128
202312 0.077 125.072 0.081
202403 0.001 126.258 0.001
202406 0.104 127.522 0.108
202409 0.165 127.285 0.171
202412 0.082 127.364 0.085
202503 0.074 129.181 0.076
202506 0.035 129.892 0.036
202509 0.076 130.287 0.077
202512 0.061 130.366 0.062
202603 -0.015 132.262 -0.015

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

What does a Cyclically Adjusted FCF per Share of €-0.01 mean?
Athabasca Oil (FRA:ATI) has a Cyclically Adjusted FCF per Share of €-0.01 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Athabasca Oil and its competitors.
Is Athabasca Oil's Cyclically Adjusted FCF per Share too high?
Athabasca Oil's current Cyclically Adjusted FCF per Share is €-0.01. Overall, Athabasca Oil has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Athabasca Oil's Cyclically Adjusted FCF per Share compare to COP and EOG?
Athabasca Oil's Cyclically Adjusted FCF per Share of €-0.01 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Athabasca Oil and its competitors. Athabasca Oil's current Cyclically Adjusted FCF per Share is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athabasca Oil stock overvalued right now?
Based on GuruFocus' analysis, Athabasca Oil (FRA:ATI) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.05, compared to a current price of €6.84 — trading 69% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.01. Athabasca Oil's overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Athabasca Oil (FRA:ATI), the current Cyclically Adjusted FCF per Share is €-0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Athabasca Oil (FRA:ATI) Overvalued in 2026?

Based on GuruFocus' analysis, Athabasca Oil stock appears to be overvalued. The current stock price of €6.84 is trading 69% above its estimated GF Value™ of €4.05. GuruFocus considers Athabasca Oil to be Significantly Overvalued.

Key valuation signals for FRA:ATI:

  • Cyclically Adjusted FCF per Share: €-0.01
  • GF Value™: €4.05 vs. price of €6.84 (69% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the FRA:ATI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Athabasca Oil Business Description

Industry EnergyOil & Gas
Address 215 - 9 Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an exploration and production company developing Thermal Oil and Light Oil resources in the Western Canadian Sedimentary Basin located in Alberta, Canada. It operates through two segments: Athabasca (Thermal Oil), focused on bitumen production from oil sands in the Athabasca region of Northern Alberta, and Duvernay Energy, focused on the production of light and medium crude oil, tight oil, natural gas, shale gas, and natural gas liquids in the Greater Kaybob area near Fox Creek, Alberta. The majority of its revenue is derived from petroleum, natural gas, and midstream sales through the Athabasca segment.
69GF Score

Get the complete analysis for FRA:ATI

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.84
Price
€4.05
GF Value