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Solstad Offshore ASA (Solstad Offshore ASA) Cyclically Adjusted FCF per Share : $-83.22 (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 $0.304. 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 $-83.22 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 (2024-06-03), Solstad Offshore ASA's current stock price is $3.09. Solstad Offshore ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-83.22. 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 103.75 -121.18 169.22 23.97 -56.98

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 67.72 38.13 -24.85 -56.98 -83.22

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)
=0.304/132.6000*132.6000
=0.304

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,452.256 97.500 -1,975.068
201409 -5,735.949 98.500 -7,721.694
201412 1,835.410 98.600 2,468.310
201503 411.256 99.200 549.723
201506 268.795 100.100 356.066
201509 1,136.789 100.600 1,498.392
201512 201.744 100.900 265.126
201603 243.132 102.500 314.530
201606 694.737 103.800 887.496
201609 1,621.308 104.200 2,063.200
201612 -4,071.183 104.400 -5,170.870
201703 73.493 105.000 92.811
201706 214.167 105.800 268.417
201709 76.938 105.900 96.336
201712 110.041 106.100 137.525
201803 53.031 107.300 65.535
201806 140.784 108.500 172.055
201809 122.540 109.500 148.391
201812 172.701 109.800 208.562
201903 -99.691 110.400 -119.738
201906 129.959 110.600 155.810
201909 169.935 111.100 202.821
201912 167.368 111.300 199.398
202003 32.749 111.200 39.051
202006 158.368 112.100 187.329
202009 71.911 112.900 84.459
202012 -0.015 112.900 -0.018
202103 -0.062 114.600 -0.072
202106 0.720 115.300 0.828
202109 0.656 117.500 0.740
202112 0.692 118.900 0.772
202203 0.018 119.800 0.020
202206 0.403 122.600 0.436
202209 0.522 125.600 0.551
202212 0.772 125.900 0.813
202303 0.761 127.600 0.791
202306 0.831 130.400 0.845
202309 0.606 129.800 0.619
202312 0.867 131.900 0.872
202403 0.304 132.600 0.304

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


Solstad Offshore ASA  (OTCPK:SLOFF) 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 (Solstad Offshore ASA) Business Description

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 (Solstad Offshore ASA) Headlines

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