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Questerre Energy (TSX:QEC) Cyclically Adjusted FCF per Share : C$0.03 (As of Mar. 2024)


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What is Questerre Energy 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.

Questerre Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.006. 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. 2024.

During the past 12 months, Questerre Energy's average Cyclically Adjusted FCF Growth Rate was 50.00% 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 Questerre Energy was 41.50% per year. The lowest was 12.60% per year. And the median was 19.45% per year.

As of today (2024-05-17), Questerre Energy's current stock price is C$0.21. Questerre Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.03. Questerre Energy's Cyclically Adjusted Price-to-FCF of today is 7.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Questerre Energy was 34.00. The lowest was 6.00. And the median was 10.75.


Questerre Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Questerre 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.

* Premium members only.

Questerre Energy Cyclically Adjusted FCF per Share Chart

Questerre Energy 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 -0.03 -0.01 0.01 0.02 0.03

Questerre Energy 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 0.02 0.02 0.02 0.03 0.03

Competitive Comparison of Questerre Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Questerre 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.


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

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

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



Questerre 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, Questerre Energy'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)
=0.006/126.2576*126.2576
=0.006

Current CPI (Mar. 2024) = 126.2576.

Questerre Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.013 99.473 0.017
201409 0.011 99.394 0.014
201412 0.016 98.367 0.021
201503 0.008 99.789 0.010
201506 0.000 100.500 0.000
201509 0.011 100.421 0.014
201512 0.006 99.947 0.008
201603 0.006 101.054 0.007
201606 0.002 102.002 0.002
201609 0.001 101.765 0.001
201612 0.003 101.449 0.004
201703 -0.004 102.634 -0.005
201706 -0.003 103.029 -0.004
201709 0.019 103.345 0.023
201712 -0.012 103.345 -0.015
201803 -0.013 105.004 -0.016
201806 0.004 105.557 0.005
201809 0.008 105.636 0.010
201812 0.001 105.399 0.001
201903 -0.004 106.979 -0.005
201906 0.005 107.690 0.006
201909 0.001 107.611 0.001
201912 -0.001 107.769 -0.001
202003 0.008 107.927 0.009
202006 -0.002 108.401 -0.002
202009 0.000 108.164 0.000
202012 0.005 108.559 0.006
202103 0.007 110.298 0.008
202106 0.007 111.720 0.008
202109 0.009 112.905 0.010
202112 0.008 113.774 0.009
202203 0.011 117.646 0.012
202206 0.022 120.806 0.023
202209 0.017 120.648 0.018
202212 0.011 120.964 0.011
202303 0.010 122.702 0.010
202306 0.005 124.203 0.005
202309 0.004 125.230 0.004
202312 0.009 125.072 0.009
202403 0.006 126.258 0.006

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


Questerre Energy  (TSX:QEC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.21/0.03
=7.00

* 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 Questerre Energy was 34.00. The lowest was 6.00. And the median was 10.75.


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.


Questerre Energy Cyclically Adjusted FCF per Share Related Terms

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


Questerre Energy (TSX:QEC) Business Description

Industry
Traded in Other Exchanges
Address
801 Sixth Avenue S.W, Suite 1650, Calgary, AB, CAN, T2P 3W2
Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids. Quebec segment consists the development of natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.
Executives
Hans Jacob Holden Director

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