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Golden Ocean Group (LTS:0RII) Cyclically Adjusted FCF per Share : kr-10.59 (As of Dec. 2024)


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What is Golden Ocean Group 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.

Golden Ocean Group's adjusted free cash flow per share for the three months ended in Dec. 2024 was kr2.750. 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 kr-10.59 for the trailing ten years ended in Dec. 2024.

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 Golden Ocean Group was 11.10% per year. The lowest was -72.80% per year. And the median was -12.90% per year.

As of today (2025-03-04), Golden Ocean Group's current stock price is kr73.45. Golden Ocean Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was kr-10.59. Golden Ocean Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Golden Ocean Group was 1040.60. The lowest was 6.54. And the median was 30.62.


Golden Ocean Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Golden Ocean Group'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.

Golden Ocean Group Cyclically Adjusted FCF per Share Chart

Golden Ocean Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.38 -29.51 -31.68 -27.99 -10.59

Golden Ocean Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -27.99 -21.21 -14.30 -10.62 -10.59

Competitive Comparison of Golden Ocean Group's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Golden Ocean Group'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.


Golden Ocean Group's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's Cyclically Adjusted Price-to-FCF falls into.



Golden Ocean Group 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, Golden Ocean Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.75/133.1571*133.1571
=2.750

Current CPI (Dec. 2024) = 133.1571.

Golden Ocean Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -47.671 99.621 -63.719
201506 -23.769 100.684 -31.435
201509 -26.874 100.392 -35.645
201512 -17.955 99.792 -23.958
201603 -14.663 100.470 -19.433
201606 -4.404 101.688 -5.767
201609 -2.080 101.861 -2.719
201612 -1.901 101.863 -2.485
201703 -8.737 102.862 -11.310
201706 -0.281 103.349 -0.362
201709 -0.225 104.136 -0.288
201712 3.028 104.011 3.877
201803 -6.906 105.290 -8.734
201806 1.758 106.317 2.202
201809 3.458 106.507 4.323
201812 3.381 105.998 4.247
201903 1.399 107.251 1.737
201906 -0.278 108.070 -0.343
201909 2.159 108.329 2.654
201912 3.878 108.420 4.763
202003 -1.530 108.902 -1.871
202006 0.593 108.767 0.726
202009 3.656 109.815 4.433
202012 4.340 109.897 5.259
202103 -5.172 111.754 -6.163
202106 -6.803 114.631 -7.902
202109 8.586 115.734 9.879
202112 8.026 117.630 9.085
202203 5.342 121.301 5.864
202206 6.794 125.017 7.236
202209 3.764 125.227 4.002
202212 5.217 125.222 5.548
202303 -3.011 127.348 -3.148
202306 -9.821 128.729 -10.159
202309 -3.008 129.860 -3.084
202312 4.725 129.419 4.861
202403 4.673 131.776 4.722
202406 2.724 132.554 2.736
202409 4.017 133.029 4.021
202412 2.750 133.157 2.750

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


Golden Ocean Group  (LTS:0RII) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Golden Ocean Group was 1040.60. The lowest was 6.54. And the median was 30.62.


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.


Golden Ocean Group Cyclically Adjusted FCF per Share Related Terms

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


Golden Ocean Group Business Description

Industry
Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.

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