Oil & Gas Development Co (LSE:37OC) Cyclically Adjusted FCF per Share: $0.78 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:37OC Oil & Gas Development Co Ltd LSE:37OC
90 GF Score
Price $13.85
GF Value $9.63
! 6 Warning Signs
View Full Analysis

What is Oil & Gas Development Co Cyclically Adjusted FCF per Share?

Oil & Gas Development Co LSE:37OC 90 Cyclically Adjusted FCF per Share is $0.78 as of Jun. 2026. GuruFocus rates LSE:37OC with a GF Score™ of 90/100 and a GF Value™ of $9.63. The stock has 6 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.

Oil & Gas Development Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was $0.811. 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 $0.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Oil & Gas Development Co's average Cyclically Adjusted FCF Growth Rate was 18.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.90% 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 Oil & Gas Development Co was 9.20% per year. The lowest was -15.90% per year. And the median was -11.60% per year.

As of today (2026-09-22), Oil & Gas Development Co's current stock price is $13.85. Oil & Gas Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.78. Oil & Gas Development Co's Cyclically Adjusted Price-to-FCF of today is 17.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Oil & Gas Development Co was 70.18. The lowest was 8.15. And the median was 15.33.


Oil & Gas Development Co  (LSE:37OC) 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.

Oil & Gas Development Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.85/0.779
=17.78

* 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 Oil & Gas Development Co was 70.18. The lowest was 8.15. And the median was 15.33.


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.


Oil & Gas Development Co Cyclically Adjusted FCF per Share Related Terms


Oil & Gas Development Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Oil & Gas Development Co'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.

Oil & Gas Development Co Cyclically Adjusted FCF per Share Chart

Oil & Gas Development Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.62 0.65 0.64 0.77

Oil & Gas Development Co 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 0.65 0.67 0.69 0.72 0.78

LSE:37OC vs COP, EOG, OXY: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas E&P subindustry, Oil & Gas Development Co'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.


Oil & Gas Development Co Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

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

* The bar in red indicates where Oil & Gas Development Co's Cyclically Adjusted Price-to-FCF falls into.


LSE:37OC
90GF Score
Oil & Gas Development Co Ltd LSE:37OC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil & Gas Development Co 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, Oil & Gas Development Co'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)
=0.811/333.9520*333.9520
=0.811

Current CPI (Jun. 2026) = 333.9520.

Oil & Gas Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.175 241.428 0.242
201612 -0.028 241.432 -0.039
201703 0.166 243.801 0.227
201706 0.141 244.955 0.192
201709 0.420 246.819 0.568
201712 0.202 246.524 0.274
201803 0.218 249.554 0.292
201806 0.039 251.989 0.052
201809 0.365 252.439 0.483
201812 0.235 251.233 0.312
201903 0.322 254.202 0.423
201906 0.045 256.143 0.059
201909 -0.114 256.759 -0.148
201912 -0.015 256.974 -0.019
202003 -0.037 258.115 -0.048
202006 0.069 257.797 0.089
202009 -0.063 260.280 -0.081
202012 0.211 260.474 0.271
202103 -0.008 264.877 -0.010
202106 0.275 271.696 0.338
202109 0.049 274.310 0.060
202112 0.139 278.802 0.166
202203 0.199 287.504 0.231
202206 0.383 296.311 0.432
202209 0.189 296.808 0.213
202212 0.005 296.797 0.006
202303 -0.009 301.836 -0.010
202306 0.182 305.109 0.199
202309 0.075 307.789 0.081
202312 0.174 306.746 0.189
202403 0.142 312.332 0.152
202406 0.452 314.175 0.480
202409 0.211 315.301 0.223
202412 0.107 315.605 0.113
202503 -0.101 319.799 -0.105
202506 0.154 322.561 0.159
202509 0.136 324.800 0.140
202512 0.549 324.054 0.566
202603 0.200 330.213 0.202
202606 0.811 333.952 0.811

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 $0.78 mean?
Oil & Gas Development Co (LSE:37OC) has a Cyclically Adjusted FCF per Share of $0.78 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 Oil & Gas Development Co and its competitors.
Is Oil & Gas Development Co's Cyclically Adjusted FCF per Share too high?
Oil & Gas Development Co's current Cyclically Adjusted FCF per Share is $0.78. Overall, Oil & Gas Development Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Oil & Gas Development Co's Cyclically Adjusted FCF per Share compare to COP and EOG?
Oil & Gas Development Co's Cyclically Adjusted FCF per Share of $0.78 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 Oil & Gas Development Co and its competitors. Oil & Gas Development Co's current Cyclically Adjusted FCF per Share is $0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil & Gas Development Co stock overvalued right now?
Oil & Gas Development Co (LSE:37OC) has a current Cyclically Adjusted FCF per Share of $0.78. The stock's GF Value™ is $9.63, compared to a current price of $13.85 — trading 43.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.78. Oil & Gas Development Co's overall GF Score™ is 90/100 with 6 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 Oil & Gas Development Co (LSE:37OC), the current Cyclically Adjusted FCF per Share is $0.78 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 Oil & Gas Development Co (LSE:37OC) Overvalued in 2026?

Based on GuruFocus' analysis, Oil & Gas Development Co stock appears to be overvalued. The current stock price of $13.85 is trading 43.8% above its estimated GF Value™ of $9.63.

Key valuation signals for LSE:37OC:

  • Cyclically Adjusted FCF per Share: $0.78
  • GF Value™: $9.63 vs. price of $13.85 (43.8% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the LSE:37OC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oil & Gas Development Co Business Description

Industry EnergyOil & Gas
Other Exchanges OGDC:PakistanOGDC:UK
Address Plot No. 3, Jinnah Avenue, OGDCL House, F-6/G-6, Blue Area, Islamabad, PAK
Oil & Gas Development Company Limited (OGDC) is Pakistan's largest exploration and production company, majority-owned by the Government of Pakistan. It explores, develops and produces crude oil, natural gas, natural gas liquids, liquefied petroleum gas and sulphur from onshore fields concentrated in Sindh, Balochistan, Punjab and Khyber Pakhtunkhwa, and holds interests in offshore blocks. OGDC sells its output under long-term agreements to Sui Northern Gas Pipelines, Sui Southern Gas Company, power generation companies, fertilizer producers and other industrial customers, with revenue driven by hydrocarbon volumes and regulated wellhead prices. The company also provides drilling and seismic services through subsidiaries and holds exploration interests abroad, including in Iraq and Yemen. It remains the country's principal domestic supplier of natural gas and a significant contributor of crude oil, condensate and LPG.
90GF Score

Get the complete analysis for LSE:37OC

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

$13.85
Price
$9.63
GF Value