China Oilfield Services (FRA:CO9) Cyclically Adjusted FCF per Share: €0.04 (As of Mar. 2026)

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FRA:CO9 China Oilfield Services Ltd FRA:CO9
56 GF Score
Price €0.76
GF Value €1.00
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China Oilfield Services Cyclically Adjusted FCF per Share?

China Oilfield Services FRA:CO9 -2.56% 56 Cyclically Adjusted FCF per Share is €0.04 as of Mar. 2026. GuruFocus rates FRA:CO9 with a GF Score™ of 56/100 and a GF Value™ of €1.00 (Modestly Undervalued). The stock has 4 warning signs 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.

China Oilfield Services's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.095. 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. 2026.

During the past 12 months, China Oilfield Services's average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% 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 China Oilfield Services was 48.70% per year. The lowest was -3.80% per year. And the median was 17.05% per year.

As of today (2026-08-02), China Oilfield Services's current stock price is €0.76. China Oilfield Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.04. China Oilfield Services's Cyclically Adjusted Price-to-FCF of today is 19.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Oilfield Services was 136.80. The lowest was 17.98. And the median was 36.55.


China Oilfield Services  (FRA:CO9) 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.

China Oilfield Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.76/0.04
=19.00

* 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 China Oilfield Services was 136.80. The lowest was 17.98. And the median was 36.55.


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.


China Oilfield Services Cyclically Adjusted FCF per Share Related Terms


China Oilfield Services Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for China Oilfield Services'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.

China Oilfield Services Cyclically Adjusted FCF per Share Chart

China Oilfield Services 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 0.02 0.03 0.03 0.03 0.04

China Oilfield Services 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 0.03 0.03 0.03 0.04 0.04

FRA:CO9 vs SLB, BKR, FTI: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Equipment & Services subindustry, China Oilfield Services'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.


China Oilfield Services Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

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

* The bar in red indicates where China Oilfield Services's Cyclically Adjusted Price-to-FCF falls into.


FRA:CO9
56GF Score
China Oilfield Services Ltd FRA:CO9
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Oilfield Services 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, China Oilfield Services'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)
=-0.095/116.3033*116.3033
=-0.095

Current CPI (Mar. 2026) = 116.3033.

China Oilfield Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.036 101.400 -0.041
201609 -0.009 102.400 -0.010
201612 0.053 102.600 0.060
201703 -0.022 103.200 -0.025
201706 -0.013 103.100 -0.015
201709 0.008 104.100 0.009
201712 0.071 104.500 0.079
201803 -0.028 105.300 -0.031
201806 -0.018 104.900 -0.020
201809 -0.013 106.600 -0.014
201812 0.092 106.500 0.100
201903 -0.018 107.700 -0.019
201906 -0.059 107.700 -0.064
201909 0.054 109.800 0.057
201912 0.134 111.200 0.140
202003 0.025 112.300 0.026
202006 -0.060 110.400 -0.063
202009 -0.018 111.700 -0.019
202012 0.145 111.500 0.151
202103 -0.042 112.662 -0.043
202106 -0.046 111.769 -0.048
202109 0.038 112.215 0.039
202112 0.165 113.108 0.170
202203 -0.085 114.335 -0.086
202206 -0.016 114.558 -0.016
202209 0.037 115.339 0.037
202212 0.141 115.116 0.142
202303 -0.033 115.116 -0.033
202306 0.016 114.558 0.016
202309 0.049 115.339 0.049
202312 0.063 114.781 0.064
202403 -0.064 115.227 -0.065
202406 0.044 114.781 0.045
202409 0.031 115.785 0.031
202412 0.127 114.893 0.129
202503 -0.094 115.116 -0.095
202506 0.014 114.907 0.014
202509 0.037 115.471 0.037
202512 0.176 115.832 0.177
202603 -0.095 116.303 -0.095

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 €0.04 mean?
China Oilfield Services (FRA:CO9) has a Cyclically Adjusted FCF per Share of €0.04 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 China Oilfield Services and its competitors.
Is China Oilfield Services' Cyclically Adjusted FCF per Share too high?
China Oilfield Services' current Cyclically Adjusted FCF per Share is €0.04. Overall, China Oilfield Services has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Oilfield Services' Cyclically Adjusted FCF per Share compare to SLB and BKR?
China Oilfield Services' Cyclically Adjusted FCF per Share of €0.04 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 China Oilfield Services and its competitors. China Oilfield Services's current Cyclically Adjusted FCF per Share is €0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Oilfield Services stock overvalued right now?
Based on GuruFocus' analysis, China Oilfield Services (FRA:CO9) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.00, compared to a current price of €0.76 — trading 24% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.04. China Oilfield Services' overall GF Score™ is 56/100 with 4 warning signs 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 China Oilfield Services (FRA:CO9), the current Cyclically Adjusted FCF per Share is €0.04 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 China Oilfield Services (FRA:CO9) Overvalued in 2026?

Based on GuruFocus' analysis, China Oilfield Services stock appears to be undervalued. The current stock price of €0.76 is trading 24% below its estimated GF Value™ of €1.00. GuruFocus considers China Oilfield Services to be Modestly Undervalued.

Key valuation signals for FRA:CO9:

  • Cyclically Adjusted FCF per Share: €0.04
  • GF Value™: €1.00 vs. price of €0.76 (24% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the FRA:CO9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Oilfield Services Business Description

Industry EnergyOil & Gas
Address 201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments namely the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying. It generates the majority of its revenue from Well services segment.
56GF Score

Get the complete analysis for FRA:CO9

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

€0.76
Price
€1.00
GF Value