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Aker BP ASA (Aker BP ASA) Cyclically Adjusted Price-to-FCF : 11.06 (As of Apr. 30, 2024)


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What is Aker BP ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Aker BP ASA's current share price is $25.11. Aker BP ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.27. Aker BP ASA's Cyclically Adjusted Price-to-FCF for today is 11.06.

The historical rank and industry rank for Aker BP ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AKRBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.78   Med: 25.25   Max: 261.31
Current: 10.94

During the past years, Aker BP ASA's highest Cyclically Adjusted Price-to-FCF was 261.31. The lowest was 10.78. And the median was 25.25.

AKRBF's Cyclically Adjusted Price-to-FCF is ranked better than
59.64% of 394 companies
in the Oil & Gas industry
Industry Median: 14.345 vs AKRBF: 10.94

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.

Aker BP ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.627. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker BP ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aker BP ASA's Cyclically Adjusted Price-to-FCF 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.

Aker BP ASA Cyclically Adjusted Price-to-FCF Chart

Aker BP ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 40.34 16.99 12.37

Aker BP 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 Price-to-FCF 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 12.42 12.11 12.84 12.37 10.58

Competitive Comparison of Aker BP ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Aker BP 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.


Aker BP ASA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Aker BP ASA's Cyclically Adjusted Price-to-FCF falls into.



Aker BP ASA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Aker BP ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.11/2.27
=11.06

* 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.

Aker BP ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aker BP 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)
=0.627/131.9000*131.9000
=0.627

Current CPI (Mar. 2024) = 131.9000.

Aker BP ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.839 97.500 -1.135
201409 -1.036 98.500 -1.387
201412 0.076 98.600 0.102
201503 0.103 99.200 0.137
201506 -0.888 100.100 -1.170
201509 0.026 100.600 0.034
201512 -0.914 100.900 -1.195
201603 -0.206 102.500 -0.265
201606 -0.966 103.800 -1.228
201609 -0.030 104.200 -0.038
201612 0.047 104.400 0.059
201703 0.520 105.000 0.653
201706 0.459 105.800 0.572
201709 1.397 105.900 1.740
201712 0.766 106.100 0.952
201803 0.845 107.300 1.039
201806 0.786 108.500 0.956
201809 0.868 109.500 1.046
201812 2.764 109.800 3.320
201903 0.278 110.400 0.332
201906 -0.319 110.600 -0.380
201909 -0.465 111.100 -0.552
201912 -0.018 111.300 -0.021
202003 0.582 111.200 0.690
202006 -0.540 112.100 -0.635
202009 0.815 112.900 0.952
202012 0.936 112.900 1.094
202103 1.826 114.600 2.102
202106 1.872 115.300 2.142
202109 1.821 117.500 2.044
202112 2.066 118.900 2.292
202203 2.756 119.800 3.034
202206 2.333 122.600 2.510
202209 2.958 125.600 3.106
202212 0.314 125.900 0.329
202303 1.591 127.600 1.645
202306 -0.960 130.400 -0.971
202309 1.905 129.800 1.936
202312 0.629 131.900 0.629
202403 0.627 131.900 0.627

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


Aker BP ASA  (OTCPK:AKRBF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Aker BP ASA Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Aker BP ASA's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Aker BP ASA (Aker BP ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OTCPK:AKRBF) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

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