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Solstad Offshore ASA (OSL:SOFF) Cyclically Adjusted FCF per Share : kr-2,159.43 (As of Mar. 2024)


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What is Solstad Offshore 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.

Solstad Offshore ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr3.230. 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-2,159.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Solstad Offshore ASA's average Cyclically Adjusted FCF Growth Rate was -254.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 Solstad Offshore ASA was 4.40% per year. The lowest was -35.50% per year. And the median was -11.60% per year.

As of today (2024-05-21), Solstad Offshore ASA's current stock price is kr45.56. Solstad Offshore ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-2,159.43. Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Solstad Offshore ASA was 4.69. The lowest was 0.01. And the median was 0.32.


Solstad Offshore ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Solstad Offshore 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.

Solstad Offshore ASA Cyclically Adjusted FCF per Share Chart

Solstad Offshore 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 812.45 -1,599.28 1,283.24 560.41 -1,396.13

Solstad Offshore ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,396.93 577.78 -445.26 -1,396.13 -2,159.43

Competitive Comparison of Solstad Offshore ASA's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Solstad Offshore 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.


Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.23/132.6000*132.6000
=3.230

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -8,776.949 97.500 -11,936.651
201409 -36,437.615 98.500 -49,052.058
201412 13,356.641 98.600 17,962.379
201503 3,288.077 99.200 4,395.151
201506 2,099.590 100.100 2,781.275
201509 9,417.737 100.600 12,413.439
201512 1,754.564 100.900 2,305.800
201603 2,060.684 102.500 2,665.821
201606 5,770.737 103.800 7,371.866
201609 13,287.744 104.200 16,909.356
201612 -34,856.225 104.400 -44,271.412
201703 625.203 105.000 789.542
201706 1,811.755 105.800 2,270.687
201709 603.062 105.900 755.109
201712 915.302 106.100 1,143.912
201803 412.076 107.300 509.238
201806 1,141.821 108.500 1,395.442
201809 1,010.498 109.500 1,223.672
201812 1,489.773 109.800 1,799.125
201903 -858.069 110.400 -1,030.615
201906 1,121.897 110.600 1,345.059
201909 1,530.316 111.100 1,826.462
201912 1,510.309 111.300 1,799.344
202003 335.340 111.200 399.875
202006 1,509.725 112.100 1,785.812
202009 658.845 112.900 773.807
202012 -0.134 112.900 -0.157
202103 -0.525 114.600 -0.607
202106 6.064 115.300 6.974
202109 5.684 117.500 6.414
202112 6.211 118.900 6.927
202203 0.162 119.800 0.179
202206 3.933 122.600 4.254
202209 5.375 125.600 5.675
202212 7.629 125.900 8.035
202303 8.020 127.600 8.334
202306 8.969 130.400 9.120
202309 6.504 129.800 6.644
202312 9.149 131.900 9.198
202403 3.230 132.600 3.230

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


Solstad Offshore ASA  (OSL:SOFF) 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 Solstad Offshore ASA was 4.69. The lowest was 0.01. And the median was 0.32.


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.


Solstad Offshore ASA Cyclically Adjusted FCF per Share Related Terms

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


Solstad Offshore ASA (OSL:SOFF) Business Description

Industry
Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (OSL:SOFF) Headlines

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