Battalion Oil (HAM:RAQB) Cyclically Adjusted FCF per Share: €-3.55 (As of Jun. 2026)

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HAM:RAQB Battalion Oil Corp HAM:RAQB
60 GF Score
Price €1.22
GF Value €1.71
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Battalion Oil Cyclically Adjusted FCF per Share?

Battalion Oil HAM:RAQB +12.96% 60 Cyclically Adjusted FCF per Share is €-3.55 as of Jun. 2026. GuruFocus rates HAM:RAQB with a GF Score™ of 60/100 and a GF Value™ of €1.71 (Modestly Undervalued). The stock has 3 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.

Battalion Oil's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.088. 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 €-3.55 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 42.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% 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 Battalion Oil was 55.30% per year. The lowest was -14.60% per year. And the median was -4.30% per year.

As of today (2026-08-19), Battalion Oil's current stock price is €1.22. Battalion Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €-3.55. Battalion Oil's Cyclically Adjusted Price-to-FCF of today is .


Battalion Oil  (HAM:RAQB) 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.


Battalion Oil Cyclically Adjusted FCF per Share Related Terms


Battalion Oil Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Battalion 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.

Battalion Oil Cyclically Adjusted FCF per Share Chart

Battalion 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 0.00 0.00 0.00 0.00 0.00

Battalion Oil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 -3.55

HAM:RAQB vs RSRV, AMEN, EONR: Cyclically Adjusted FCF per Share Comparison

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


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

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

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


HAM:RAQB
60GF Score
Battalion Oil Corp HAM:RAQB
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.088/333.9520*333.9520
=0.088

Current CPI (Jun. 2026) = 333.9520.

Battalion Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.000 241.428 0.000
201612 0.425 241.432 0.588
201703 -6.103 243.801 -8.360
201706 4.301 244.955 5.864
201709 -0.734 246.819 -0.993
201712 -6.498 246.524 -8.802
201803 -1.622 249.554 -2.171
201806 -1.555 251.989 -2.061
201809 -0.819 252.439 -1.083
201812 -0.629 251.233 -0.836
201903 -0.844 254.202 -1.109
201906 -0.457 256.143 -0.596
201909 -0.316 256.759 -0.411
201912 -1.643 256.974 -2.135
202003 -2.000 258.115 -2.588
202006 -0.671 257.797 -0.869
202009 -0.029 260.280 -0.037
202012 -0.157 260.474 -0.201
202103 -0.022 264.877 -0.028
202106 -0.411 271.696 -0.505
202109 0.435 274.310 0.530
202112 0.855 278.802 1.024
202203 -0.203 287.504 -0.236
202206 -1.152 296.311 -1.298
202209 -0.636 296.808 -0.716
202212 -0.781 296.797 -0.879
202303 -1.670 301.836 -1.848
202306 0.297 305.109 0.325
202309 -0.085 307.789 -0.092
202312 -0.172 306.746 -0.187
202403 -1.157 312.332 -1.237
202406 0.537 314.175 0.571
202409 -0.655 315.301 -0.694
202412 -0.358 315.605 -0.379
202503 -0.398 319.799 -0.416
202506 -1.217 322.561 -1.260
202509 0.595 324.800 0.612
202512 -0.872 324.054 -0.899
202603 -0.075 330.213 -0.076
202606 0.088 333.952 0.088

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 €-3.55 mean?
Battalion Oil (HAM:RAQB) has a Cyclically Adjusted FCF per Share of €-3.55 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Battalion Oil and its competitors.
Is Battalion Oil's Cyclically Adjusted FCF per Share too high?
Battalion Oil's current Cyclically Adjusted FCF per Share is €-3.55. Overall, Battalion Oil has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Battalion Oil's Cyclically Adjusted FCF per Share compare to RSRV and AMEN?
Battalion Oil's Cyclically Adjusted FCF per Share of €-3.55 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 Battalion Oil and its competitors. Battalion Oil's current Cyclically Adjusted FCF per Share is €-3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Battalion Oil stock overvalued right now?
Based on GuruFocus' analysis, Battalion Oil (HAM:RAQB) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.71, compared to a current price of €1.22 — trading 28.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-3.55. Battalion Oil's overall GF Score™ is 60/100 with 3 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 Battalion Oil (HAM:RAQB), the current Cyclically Adjusted FCF per Share is €-3.55 as of Jun. 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 Battalion Oil (HAM:RAQB) Overvalued in 2026?

Based on GuruFocus' analysis, Battalion Oil stock appears to be undervalued. The current stock price of €1.22 is trading 28.7% below its estimated GF Value™ of €1.71. GuruFocus considers Battalion Oil to be Modestly Undervalued.

Key valuation signals for HAM:RAQB:

  • Cyclically Adjusted FCF per Share: €-3.55
  • GF Value™: €1.71 vs. price of €1.22 (28.7% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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


Battalion Oil Business Description

Industry EnergyOil & Gas
Other Exchanges BATL:USA
Address 820 Gessner Road, Suite 1100, Houston, TX, USA, 77024
Battalion Oil Corp is an independent energy company focused on the acquisition, production, exploration, and development of onshore liquids-rich oil and natural gas assets in the U.S. Its properties and drilling activities are currently focused in the Delaware Basin.
60GF Score

Get the complete analysis for HAM:RAQB

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

€1.22
Price
€1.71
GF Value