Seplat Energy (NSA:SEPLAT) Cyclically Adjusted FCF per Share: ₦1,013.22 (As of Jun. 2026)

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NSA:SEPLAT Seplat Energy PLC NSA:SEPLAT
74 GF Score
Price ₦11,363.90
GF Value ₦10,253.49
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Seplat Energy Cyclically Adjusted FCF per Share?

Seplat Energy NSA:SEPLAT 74 Cyclically Adjusted FCF per Share is ₦1,013.22 as of Jun. 2026. GuruFocus rates NSA:SEPLAT with a GF Score™ of 74/100 and a GF Value™ of ₦10,253.49 (Modestly Overvalued). The stock has 7 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 ₦1,189.560. 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 ₦1,013.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Seplat Energy's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 (2026-08-07), Seplat Energy's current stock price is ₦11363.90. Seplat Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₦1,013.22. Seplat Energy's Cyclically Adjusted Price-to-FCF of today is 11.22.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Seplat Energy was 13.24. The lowest was 2.66. And the median was 7.38.


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
=11363.90/1013.22
=11.22

* 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 13.24. The lowest was 2.66. And the median was 7.38.


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 0.00 397.56 429.86 495.65 831.12

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 795.93 838.58 831.12 874.06 1,013.22

NSA:SEPLAT vs COP, EOG, FANG: 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)
=1189.56/333.9520*333.9520
=1,189.560

Current CPI (Jun. 2026) = 333.9520.

Seplat Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 136.026 241.428 188.156
201612 90.788 241.432 125.579
201703 111.787 243.801 153.123
201706 115.771 244.955 157.833
201709 119.560 246.819 161.768
201712 636.240 246.524 861.878
201803 104.759 249.554 140.188
201806 431.024 251.989 571.221
201809 314.746 252.439 416.378
201812 133.603 251.233 177.592
201903 150.187 254.202 197.305
201906 382.850 256.143 499.149
201909 35.653 256.759 46.372
201912 -70.682 256.974 -91.855
202003 43.233 258.115 55.935
202006 142.097 257.797 184.073
202009 -2.526 260.280 -3.241
202012 185.524 260.474 237.859
202103 -65.568 264.877 -82.667
202106 187.347 271.696 230.275
202109 18.567 274.310 22.604
202112 287.885 278.802 344.832
202203 355.050 287.504 412.410
202206 140.363 296.311 158.194
202209 -17.360 296.808 -19.533
202212 267.619 296.797 301.121
202303 225.018 301.836 248.960
202306 54.687 305.109 59.857
202309 116.614 307.789 126.527
202312 202.136 306.746 220.064
202403 -74.666 312.332 -79.834
202406 296.136 314.175 314.777
202409 244.089 315.301 258.528
202412 -229.337 315.605 -242.669
202503 416.605 319.799 435.042
202506 986.921 322.561 1,021.773
202509 520.779 324.800 535.453
202512 154.772 324.054 159.499
202603 456.724 330.213 461.895
202606 1,189.560 333.952 1,189.560

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 ₦1,013.22 mean?
Seplat Energy (NSA:SEPLAT) has a Cyclically Adjusted FCF per Share of ₦1,013.22 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 ₦1,013.22. Overall, Seplat Energy has a GF Score™ of 74/100 and is considered Modestly 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 ₦1,013.22 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 ₦1,013.22. 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 Modestly Overvalued. The stock's GF Value™ is ₦10,253.49, compared to a current price of ₦11,363.90 — trading 10.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₦1,013.22. Seplat Energy's overall GF Score™ is 74/100 with 7 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 ₦1,013.22 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 ₦11,363.90 is trading 10.8% above its estimated GF Value™ of ₦10,253.49. GuruFocus considers Seplat Energy to be Modestly Overvalued.

Key valuation signals for NSA:SEPLAT:

  • Cyclically Adjusted FCF per Share: ₦1,013.22
  • GF Value™: ₦10,253.49 vs. price of ₦11,363.90 (10.8% above fair value)
  • GF Score™: 74/100 with 7 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.

₦11,363.90
Price
₦10,253.49
GF Value