Advantage Energy (TSX:AAV) Cyclically Adjusted FCF per Share: C$0.03 (As of Mar. 2026)

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TSX:AAV Advantage Energy Ltd TSX:AAV
84 GF Score
Price C$10.50
GF Value C$12.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Advantage Energy Cyclically Adjusted FCF per Share?

Advantage Energy TSX:AAV -0.76% 84 Cyclically Adjusted FCF per Share is C$0.03 as of Mar. 2026. GuruFocus rates TSX:AAV with a GF Score™ of 84/100 and a GF Value™ of C$12.70 (Modestly Undervalued). The stock has 5 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.

Advantage Energy's adjusted free cash flow per share for the three months ended in Mar. 2026 was C$-0.375. 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 C$0.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Advantage Energy's average Cyclically Adjusted FCF Growth Rate was -57.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 44.20% 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 Advantage Energy was 51.80% per year. The lowest was -61.30% per year. And the median was 7.35% per year.

As of today (2026-07-20), Advantage Energy's current stock price is C$10.50. Advantage Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was C$0.03. Advantage Energy's Cyclically Adjusted Price-to-FCF of today is 350.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Advantage Energy was 1005.00. The lowest was 115.89. And the median was 215.83.


Advantage Energy  (TSX:AAV) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.50/0.03
=350.00

* 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 Advantage Energy was 1005.00. The lowest was 115.89. And the median was 215.83.


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.


Advantage Energy Cyclically Adjusted FCF per Share Related Terms


Advantage Energy Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Advantage Energy'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.

Advantage Energy Cyclically Adjusted FCF per Share Chart

Advantage Energy 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 -0.17 0.02 0.04 0.02 0.06

Advantage Energy 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 0.07 0.09 0.08 0.06 0.03

TSX:AAV vs COP, EOG, FANG: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas E&P subindustry, Advantage Energy'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.


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

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

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


TSX:AAV
84GF Score
Advantage Energy Ltd TSX:AAV
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advantage Energy 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, Advantage Energy'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)
=-0.375/132.2623*132.2623
=-0.375

Current CPI (Mar. 2026) = 132.2623.

Advantage Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.059 102.002 0.077
201609 0.092 101.765 0.120
201612 0.150 101.449 0.196
201703 0.038 102.634 0.049
201706 0.080 103.029 0.103
201709 -0.109 103.345 -0.140
201712 -0.233 103.345 -0.298
201803 -0.141 105.004 -0.178
201806 -0.095 105.557 -0.119
201809 -0.060 105.636 -0.075
201812 -0.044 105.399 -0.055
201903 -0.080 106.979 -0.099
201906 0.088 107.690 0.108
201909 -0.048 107.611 -0.059
201912 -0.056 107.769 -0.069
202003 -0.238 107.927 -0.292
202006 -0.109 108.401 -0.133
202009 0.075 108.164 0.092
202012 -0.038 108.559 -0.046
202103 0.088 110.298 0.106
202106 0.182 111.720 0.215
202109 0.050 112.905 0.059
202112 0.058 113.774 0.067
202203 0.116 117.646 0.130
202206 0.557 120.806 0.610
202209 0.334 120.648 0.366
202212 0.336 120.964 0.367
202303 -0.062 122.702 -0.067
202306 -0.157 124.203 -0.167
202309 0.169 125.230 0.178
202312 0.346 125.072 0.366
202403 -0.078 126.258 -0.082
202406 0.010 127.522 0.010
202409 -0.121 127.285 -0.126
202412 -0.321 127.364 -0.333
202503 0.030 129.181 0.031
202506 0.071 129.892 0.072
202509 -0.088 130.287 -0.089
202512 -0.220 130.366 -0.223
202603 -0.375 132.262 -0.375

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 C$0.03 mean?
Advantage Energy (TSX:AAV) has a Cyclically Adjusted FCF per Share of C$0.03 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 Advantage Energy and its competitors.
Is Advantage Energy's Cyclically Adjusted FCF per Share too high?
Advantage Energy's current Cyclically Adjusted FCF per Share is C$0.03. Overall, Advantage Energy has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advantage Energy's Cyclically Adjusted FCF per Share compare to COP and EOG?
Advantage Energy's Cyclically Adjusted FCF per Share of C$0.03 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 Advantage Energy and its competitors. Advantage Energy's current Cyclically Adjusted FCF per Share is C$0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Energy stock overvalued right now?
Based on GuruFocus' analysis, Advantage Energy (TSX:AAV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$12.70, compared to a current price of C$10.50 — trading 17.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is C$0.03. Advantage Energy's overall GF Score™ is 84/100 with 5 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 Advantage Energy (TSX:AAV), the current Cyclically Adjusted FCF per Share is C$0.03 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 Advantage Energy (TSX:AAV) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Energy stock appears to be undervalued. The current stock price of C$10.50 is trading 17.3% below its estimated GF Value™ of C$12.70. GuruFocus considers Advantage Energy to be Modestly Undervalued.

Key valuation signals for TSX:AAV:

  • Cyclically Adjusted FCF per Share: C$0.03
  • GF Value™: C$12.70 vs. price of C$10.50 (17.3% below fair value)
  • GF Score™: 84/100 with 5 warning signs

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


Advantage Energy Business Description

Industry EnergyOil & Gas
Other Exchanges AAVVF:USA9SA0:Germany
Address 440 - 2nd Avenue SW, Millennium Tower, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is an energy producer with a position in the Western Canadian Sedimentary Basin. Additionally, it provides carbon capture and storage (CCS) solutions to emitters of carbon dioxide through its subsidiary. Its segments include Advantage (natural gas and liquids producer) engaged in the business of natural gas, crude oil and liquids production from its Montney and Charlie Lake resource plays in Alberta and B.C.; and Entropy (carbon capture and storage) provides carbon capture and storage solutions to emitters of carbon dioxide. Entropy captures and sequesters carbon at Advantage's Glacier Gas Plant.
84GF Score

Get the complete analysis for TSX:AAV

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

C$10.50
Price
C$12.70
GF Value