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High Arctic Energy Services (TSX:HWO) Cyclically Adjusted FCF per Share : C$1.28 (As of Dec. 2024)


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What is High Arctic Energy Services 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.

High Arctic Energy Services's adjusted free cash flow per share for the three months ended in Dec. 2024 was C$-0.022. 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$1.28 for the trailing ten years ended in Dec. 2024.

During the past 12 months, High Arctic Energy Services's average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.20% 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 High Arctic Energy Services was 2.50% per year. The lowest was -14.60% per year. And the median was -7.60% per year.

As of today (2025-05-21), High Arctic Energy Services's current stock price is C$0.79. High Arctic Energy Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was C$1.28. High Arctic Energy Services's Cyclically Adjusted Price-to-FCF of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of High Arctic Energy Services was 11.50. The lowest was 0.60. And the median was 4.50.


High Arctic Energy Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for High Arctic 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.

* Premium members only.

High Arctic Energy Services Cyclically Adjusted FCF per Share Chart

High Arctic Energy Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.19 1.12 1.09 1.28

High Arctic Energy Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.09 1.05 0.93 1.20 1.28

Competitive Comparison of High Arctic Energy Services's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, High Arctic 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.


High Arctic Energy Services's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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


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High Arctic 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, High Arctic Energy Services's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.022/127.3637*127.3637
=-0.022

Current CPI (Dec. 2024) = 127.3637.

High Arctic Energy Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.574 99.789 -0.733
201506 0.215 100.500 0.272
201509 0.382 100.421 0.484
201512 0.358 99.947 0.456
201603 1.180 101.054 1.487
201606 1.775 102.002 2.216
201609 0.075 101.765 0.094
201612 0.135 101.449 0.169
201703 -0.559 102.634 -0.694
201706 2.210 103.029 2.732
201709 0.067 103.345 0.083
201712 0.329 103.345 0.405
201803 0.164 105.004 0.199
201806 1.102 105.557 1.330
201809 0.216 105.636 0.260
201812 1.311 105.399 1.584
201903 -0.203 106.979 -0.242
201906 0.366 107.690 0.433
201909 -0.032 107.611 -0.038
201912 -0.298 107.769 -0.352
202003 0.540 107.927 0.637
202006 0.514 108.401 0.604
202009 0.049 108.164 0.058
202012 0.109 108.559 0.128
202103 -0.152 110.298 -0.176
202106 0.110 111.720 0.125
202109 -0.157 112.905 -0.177
202112 -0.542 113.774 -0.607
202203 -0.105 117.646 -0.114
202206 0.362 120.806 0.382
202209 0.025 120.648 0.026
202212 0.033 120.964 0.035
202303 -0.002 122.702 -0.002
202306 0.050 124.203 0.051
202309 0.170 125.230 0.173
202312 0.593 125.072 0.604
202403 0.506 126.258 0.510
202406 0.224 127.522 0.224
202409 0.217 127.285 0.217
202412 -0.022 127.364 -0.022

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


High Arctic Energy Services  (TSX:HWO) 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.

High Arctic 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
=0.79/1.28
=0.62

* 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 High Arctic Energy Services was 11.50. The lowest was 0.60. And the median was 4.50.


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.


High Arctic Energy Services Cyclically Adjusted FCF per Share Related Terms

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


High Arctic Energy Services Business Description

Industry
Traded in Other Exchanges
Address
330 - 5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services; the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada; and the Corporate segment provides management and administrative services to all the corporation's operations. The Rental Services segment generates the majority company's revenue.
Executives
Lonn Bate Senior Officer
Michael Joseph Maguire Senior Officer
Simon Batcup Director
Lance Mierendorf Senior Officer
Douglas John Strong Director
Stephen Peter Lambert Senior Officer
Joseph Oliver Director
Michael Rupert Binnion Director

High Arctic Energy Services Headlines

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