SCEYF (Source Energy Services) Cyclically Adjusted FCF per Share: $0.70 (As of Mar. 2026)


SCEYF Source Energy Services Ltd SCEYF
67 GF Score
Price $9.88
GF Value $8.64
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Source Energy Services Cyclically Adjusted FCF per Share?

Source Energy Services SCEYF +2.47% 67 Cyclically Adjusted FCF per Share is $0.70 as of Mar. 2026. GuruFocus rates SCEYF with a GF Score™ of 67/100 and a GF Value™ of $8.64 (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.

Source Energy Services's adjusted free cash flow per share for the three months ended in Mar. 2026 was $-0.915. 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 $0.70 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-09), Source Energy Services's current stock price is $9.88. Source Energy Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.70. Source Energy Services's Cyclically Adjusted Price-to-FCF of today is 14.11.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Source Energy Services was 18.34. The lowest was 9.48. And the median was 13.57.


Source Energy Services  (OTCPK:SCEYF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.88/0.70
=14.11

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Source Energy Services was 18.34. The lowest was 9.48. And the median was 13.57.


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.


Source Energy Services Cyclically Adjusted FCF per Share Related Terms


Source Energy Services Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Source Energy Services'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.

Source Energy Services Cyclically Adjusted FCF per Share Chart

Source Energy Services 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 0.00 0.00 0.00 0.92

Source Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.80 0.84 0.92 0.70

SCEYF vs SLB, BKR, HAL: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Source Energy Services'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.


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

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

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


SCEYF
67GF Score
Source Energy Services Ltd SCEYF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Source Energy Services 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, Source Energy Services's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.915/132.2623*132.2623
=-0.915

Current CPI (Mar. 2026) = 132.2623.

Source Energy Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.261 102.002 -0.338
201609 -0.568 101.765 -0.738
201612 -2.480 101.449 -3.233
201703 -3.389 102.634 -4.367
201706 -3.994 103.029 -5.127
201709 -3.506 103.345 -4.487
201712 0.209 103.345 0.267
201803 -2.086 105.004 -2.628
201806 -0.437 105.557 -0.548
201809 2.613 105.636 3.272
201812 1.097 105.399 1.377
201903 -3.993 106.979 -4.937
201906 2.832 107.690 3.478
201909 5.243 107.611 6.444
201912 -0.838 107.769 -1.028
202003 1.033 107.927 1.266
202006 3.251 108.401 3.967
202009 -1.009 108.164 -1.234
202012 2.082 108.559 2.537
202103 0.238 110.298 0.285
202106 0.902 111.720 1.068
202109 0.194 112.905 0.227
202112 -0.854 113.774 -0.993
202203 0.460 117.646 0.517
202206 0.256 120.806 0.280
202209 1.737 120.648 1.904
202212 1.060 120.964 1.159
202303 0.766 122.702 0.826
202306 0.707 124.203 0.753
202309 0.788 125.230 0.832
202312 0.795 125.072 0.841
202403 -0.330 126.258 -0.346
202406 1.718 127.522 1.782
202409 0.374 127.285 0.389
202412 0.947 127.364 0.983
202503 0.806 129.181 0.825
202506 1.336 129.892 1.360
202509 0.502 130.287 0.510
202512 0.453 130.366 0.460
202603 -0.915 132.262 -0.915

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 $0.70 mean?
Source Energy Services (SCEYF) has a Cyclically Adjusted FCF per Share of $0.70 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Source Energy Services and its competitors.
Is Source Energy Services' Cyclically Adjusted FCF per Share too high?
Source Energy Services' current Cyclically Adjusted FCF per Share is $0.70. Overall, Source Energy Services has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' Cyclically Adjusted FCF per Share compare to SLB and BKR?
Source Energy Services' Cyclically Adjusted FCF per Share of $0.70 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 Source Energy Services and its competitors. Source Energy Services's current Cyclically Adjusted FCF per Share is $0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Source Energy Services (SCEYF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.64, compared to a current price of $9.88 — trading 14.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.70. Source Energy Services' overall GF Score™ is 67/100 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 Source Energy Services (SCEYF), the current Cyclically Adjusted FCF per Share is $0.70 as of Mar. 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 Source Energy Services (SCEYF) Overvalued in 2026?

Based on GuruFocus' analysis, Source Energy Services stock appears to be overvalued. The current stock price of $9.88 is trading 14.4% above its estimated GF Value™ of $8.64. GuruFocus considers Source Energy Services to be Modestly Overvalued.

Key valuation signals for SCEYF:

  • Cyclically Adjusted FCF per Share: $0.70
  • GF Value™: $8.64 vs. price of $9.88 (14.4% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Source Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges S4O0:GermanySHLE:Canada
Address 438, 11th Avenue SE, Suite 500, Calgary, AB, CAN, T2G 0Y4
Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.
67GF Score

Get the complete analysis for SCEYF

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

$9.88
Price
$8.64
GF Value