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DNO ASA (OSL:DNO) Cyclically Adjusted FCF per Share : kr1.74 (As of Sep. 2024)


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What is DNO ASA 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.

DNO ASA's adjusted free cash flow per share for the three months ended in Sep. 2024 was kr0.053. 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 kr1.74 for the trailing ten years ended in Sep. 2024.

During the past 12 months, DNO ASA's average Cyclically Adjusted FCF Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 46.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 41.50% 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 DNO ASA was 75.90% per year. The lowest was 34.20% per year. And the median was 53.85% per year.

As of today (2024-12-13), DNO ASA's current stock price is kr10.14. DNO ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was kr1.74. DNO ASA's Cyclically Adjusted Price-to-FCF of today is 5.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DNO ASA was 408.33. The lowest was 5.63. And the median was 15.73.


DNO ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DNO ASA'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.

DNO ASA Cyclically Adjusted FCF per Share Chart

DNO ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.49 0.87 1.55 1.54

DNO ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.49 1.54 1.59 1.71 1.74

Competitive Comparison of DNO ASA's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



DNO ASA 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, DNO ASA's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.053/133.7000*133.7000
=0.053

Current CPI (Sep. 2024) = 133.7000.

DNO ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.380 98.600 -0.515
201503 -0.219 99.200 -0.295
201506 -0.511 100.100 -0.683
201509 -0.181 100.600 -0.241
201512 -0.057 100.900 -0.076
201603 0.205 102.500 0.267
201606 -0.118 103.800 -0.152
201609 0.130 104.200 0.167
201612 -0.038 104.400 -0.049
201703 0.828 105.000 1.054
201706 0.222 105.800 0.281
201709 0.062 105.900 0.078
201712 0.499 106.100 0.629
201803 0.619 107.300 0.771
201806 0.406 108.500 0.500
201809 0.668 109.500 0.816
201812 1.002 109.800 1.220
201903 -0.343 110.400 -0.415
201906 -0.340 110.600 -0.411
201909 0.874 111.100 1.052
201912 -0.496 111.300 -0.596
202003 -0.191 111.200 -0.230
202006 0.080 112.100 0.095
202009 -0.176 112.900 -0.208
202012 1.874 112.900 2.219
202103 0.113 114.600 0.132
202106 0.968 115.300 1.122
202109 0.730 117.500 0.831
202112 2.219 118.900 2.495
202203 1.497 119.800 1.671
202206 1.864 122.600 2.033
202209 1.835 125.600 1.953
202212 1.509 125.900 1.602
202303 0.345 127.600 0.361
202306 -1.562 130.400 -1.602
202309 -0.140 129.800 -0.144
202312 0.348 131.900 0.353
202403 0.434 132.600 0.438
202406 0.813 133.800 0.812
202409 0.053 133.700 0.053

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


DNO ASA  (OSL:DNO) 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.

DNO ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.14/1.74
=5.83

* 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 DNO ASA was 408.33. The lowest was 5.63. And the median was 15.73.


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.


DNO ASA Cyclically Adjusted FCF per Share Related Terms

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


DNO ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OSL:DNO) » Definitions » Cyclically Adjusted FCF per Share
Address
Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across North Sea which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, sale of gas and natural gas liquids.

DNO ASA Headlines

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