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Tethys Oil AB (STU:TZB0) Cyclically Adjusted FCF per Share : €0.50 (As of Mar. 2024)


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What is Tethys Oil AB 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.

Tethys Oil AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.311. 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 €0.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tethys Oil AB's average Cyclically Adjusted FCF Growth Rate was -7.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% 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 Tethys Oil AB was 30.40% per year. The lowest was 8.50% per year. And the median was 13.35% per year.

As of today (2024-06-19), Tethys Oil AB's current stock price is €2.96. Tethys Oil AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.50. Tethys Oil AB's Cyclically Adjusted Price-to-FCF of today is 5.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tethys Oil AB was 43.02. The lowest was 5.26. And the median was 11.20.


Tethys Oil AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tethys Oil AB'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.

Tethys Oil AB Cyclically Adjusted FCF per Share Chart

Tethys Oil AB 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 0.44 0.44 0.41 0.58 0.57

Tethys Oil AB 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 0.55 0.56 0.56 0.57 0.50

Competitive Comparison of Tethys Oil AB's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Tethys Oil AB'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.


Tethys Oil AB's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tethys Oil AB's Cyclically Adjusted Price-to-FCF falls into.



Tethys Oil AB 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, Tethys Oil AB'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)
=-0.311/132.2054*132.2054
=-0.311

Current CPI (Mar. 2024) = 132.2054.

Tethys Oil AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.206 100.432 0.271
201409 0.446 100.161 0.589
201412 0.363 100.225 0.479
201503 0.052 99.950 0.069
201506 0.100 99.995 0.132
201509 0.526 100.228 0.694
201512 -0.125 100.276 -0.165
201603 -0.107 100.751 -0.140
201606 0.059 101.019 0.077
201609 0.159 101.138 0.208
201612 0.036 102.022 0.047
201703 0.038 102.022 0.049
201706 -0.104 102.752 -0.134
201709 0.387 103.279 0.495
201712 -0.090 103.793 -0.115
201803 0.244 103.962 0.310
201806 0.030 104.875 0.038
201809 0.618 105.679 0.773
201812 0.336 105.912 0.419
201903 0.260 105.886 0.325
201906 0.142 106.742 0.176
201909 0.381 107.214 0.470
201912 0.021 107.766 0.026
202003 0.244 106.563 0.303
202006 0.016 107.498 0.020
202009 -0.300 107.635 -0.368
202012 0.221 108.296 0.270
202103 0.059 108.360 0.072
202106 0.125 108.928 0.152
202109 0.341 110.338 0.409
202112 0.257 112.486 0.302
202203 -0.364 114.825 -0.419
202206 0.205 118.384 0.229
202209 0.099 122.296 0.107
202212 0.012 126.365 0.013
202303 0.012 127.042 0.012
202306 0.116 129.407 0.119
202309 -0.185 130.224 -0.188
202312 0.061 131.912 0.061
202403 -0.311 132.205 -0.311

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


Tethys Oil AB  (STU:TZB0) 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.

Tethys Oil AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.96/0.5
=5.92

* 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 Tethys Oil AB was 43.02. The lowest was 5.26. And the median was 11.20.


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.


Tethys Oil AB Cyclically Adjusted FCF per Share Related Terms

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


Tethys Oil AB (STU:TZB0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tethys Oil AB (STU:TZB0) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48
Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (STU:TZB0) Headlines

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