Seplat Energy (NSA:SEPLAT) Cyclically Adjusted FCF per Share: ₦987.24 (As of Jun. 2026)

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NSA:SEPLAT Seplat Energy PLC NSA:SEPLAT
74 GF Score
Price ₦14,907.80
GF Value ₦10,839.46
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Seplat Energy Cyclically Adjusted FCF per Share?

Seplat Energy NSA:SEPLAT 74 Cyclically Adjusted FCF per Share is ₦987.24 as of Jun. 2026. GuruFocus rates NSA:SEPLAT with a GF Score™ of 74/100 and a GF Value™ of ₦10,839.46 (Significantly Overvalued). The stock has 8 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.

Seplat Energy's adjusted free cash flow per share for the three months ended in Jun. 2026 was ₦1,155.420. 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 ₦987.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Seplat Energy's average Cyclically Adjusted FCF Growth Rate was 27.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.90% 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 Seplat Energy was 27.90% per year. The lowest was 27.90% per year. And the median was 27.90% per year.

As of today (2026-09-14), Seplat Energy's current stock price is ₦14907.80. Seplat Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₦987.24. Seplat Energy's Cyclically Adjusted Price-to-FCF of today is 15.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Seplat Energy was 15.10. The lowest was 2.74. And the median was 7.77.


Seplat Energy  (NSA:SEPLAT) 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.

Seplat Energy's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14907.80/987.24
=15.10

* 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 Seplat Energy was 15.10. The lowest was 2.74. And the median was 7.77.


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.


Seplat Energy Cyclically Adjusted FCF per Share Related Terms


Seplat Energy Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Seplat Energy'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.

Seplat Energy Cyclically Adjusted FCF per Share Chart

Seplat Energy 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 0.00 387.36 418.83 482.94 809.81

Seplat Energy 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 775.52 817.07 809.81 851.64 987.24

NSA:SEPLAT vs COP, EOG, OXY: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas E&P subindustry, Seplat Energy'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.


Seplat Energy Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

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

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


NSA:SEPLAT
74GF Score
Seplat Energy PLC NSA:SEPLAT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seplat Energy 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, Seplat Energy'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)
=1155.42/333.9520*333.9520
=1,155.420

Current CPI (Jun. 2026) = 333.9520.

Seplat Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 132.122 241.428 182.756
201612 88.182 241.432 121.975
201703 108.578 243.801 148.727
201706 112.449 244.955 153.304
201709 116.129 246.819 157.125
201712 617.981 246.524 837.144
201803 101.752 249.554 136.164
201806 418.654 251.989 554.827
201809 305.713 252.439 404.428
201812 129.769 251.233 172.496
201903 145.876 254.202 191.641
201906 371.862 256.143 484.823
201909 34.629 256.759 45.040
201912 -68.653 256.974 -89.218
202003 41.992 258.115 54.330
202006 138.019 257.797 178.791
202009 -2.453 260.280 -3.147
202012 180.200 260.474 231.033
202103 -63.686 264.877 -80.294
202106 181.970 271.696 223.666
202109 18.034 274.310 21.955
202112 279.623 278.802 334.935
202203 344.860 287.504 400.574
202206 136.335 296.311 153.654
202209 -16.861 296.808 -18.971
202212 259.939 296.797 292.480
202303 218.560 301.836 241.815
202306 53.117 305.109 58.138
202309 113.267 307.789 122.895
202312 196.335 306.746 213.748
202403 -72.523 312.332 -77.543
202406 287.637 314.175 305.743
202409 237.084 315.301 251.108
202412 -222.755 315.605 -235.704
202503 404.649 319.799 422.557
202506 958.597 322.561 992.449
202509 505.833 324.800 520.086
202512 150.330 324.054 154.922
202603 443.616 330.213 448.639
202606 1,155.420 333.952 1,155.420

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 ₦987.24 mean?
Seplat Energy (NSA:SEPLAT) has a Cyclically Adjusted FCF per Share of ₦987.24 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 Seplat Energy and its competitors.
Is Seplat Energy's Cyclically Adjusted FCF per Share too high?
Seplat Energy's current Cyclically Adjusted FCF per Share is ₦987.24. Overall, Seplat Energy has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seplat Energy's Cyclically Adjusted FCF per Share compare to COP and EOG?
Seplat Energy's Cyclically Adjusted FCF per Share of ₦987.24 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 Seplat Energy and its competitors. Seplat Energy's current Cyclically Adjusted FCF per Share is ₦987.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seplat Energy stock overvalued right now?
Based on GuruFocus' analysis, Seplat Energy (NSA:SEPLAT) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10,839.46, compared to a current price of ₦14,907.80 — trading 37.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₦987.24. Seplat Energy's overall GF Score™ is 74/100 with 8 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 Seplat Energy (NSA:SEPLAT), the current Cyclically Adjusted FCF per Share is ₦987.24 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 Seplat Energy (NSA:SEPLAT) Overvalued in 2026?

Based on GuruFocus' analysis, Seplat Energy stock appears to be overvalued. The current stock price of ₦14,907.80 is trading 37.5% above its estimated GF Value™ of ₦10,839.46. GuruFocus considers Seplat Energy to be Significantly Overvalued.

Key valuation signals for NSA:SEPLAT:

  • Cyclically Adjusted FCF per Share: ₦987.24
  • GF Value™: ₦10,839.46 vs. price of ₦14,907.80 (37.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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


Seplat Energy Business Description

Industry EnergyOil & Gas
Address 1, Lekki-Epe Expressway, Victoria Island, Seplat House, Lagos, NGA
Seplat Energy PLC is a Nigerian independent upstream oil and gas company that focuses on production and development opportunities in Nigeria. The company has two reportable segments, namely Oil and Gas. Geographically, it derives a key revenue from India, Spain, the Netherlands, and the USA. The company's exploration assets include OMLs 4, 38, and 41, which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.
74GF Score

Get the complete analysis for NSA:SEPLAT

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

₦14,907.80
Price
₦10,839.46
GF Value