/term/cyclically-adjusted-price-to-fcf/ATDEF ATDEF (Montana Exploration) Cyclically Adjusted Price-to-FC
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Montana Exploration (Montana Exploration) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Montana Exploration Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Montana Exploration Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Montana Exploration'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.

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Montana Exploration Cyclically Adjusted Price-to-FCF Chart

Montana Exploration Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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Montana Exploration Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Montana Exploration's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Montana Exploration'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.


Montana Exploration's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Montana Exploration 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.

Montana Exploration's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, Montana Exploration's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=-0.001/103.3447*103.3447
=-0.001

Current CPI (Sep. 2017) = 103.3447.

Montana Exploration Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200712 -0.523 88.491 -0.611
200803 -0.097 88.965 -0.113
200806 -0.190 91.177 -0.215
200809 -0.589 91.414 -0.666
200812 -1.103 89.518 -1.273
200903 -1.253 90.071 -1.438
200906 -0.428 90.940 -0.486
200909 -0.221 90.624 -0.252
200912 -1.188 90.703 -1.354
201003 0.073 91.335 0.083
201006 -0.588 91.809 -0.662
201009 -1.103 92.362 -1.234
201012 0.623 92.836 0.694
201103 -0.125 94.338 -0.137
201106 -0.229 94.654 -0.250
201109 -0.324 95.286 -0.351
201112 -0.034 94.970 -0.037
201203 -0.108 96.155 -0.116
201206 -0.327 96.076 -0.352
201209 -0.226 96.392 -0.242
201212 -0.352 95.760 -0.380
201303 -0.364 97.103 -0.387
201306 -0.048 97.182 -0.051
201309 -0.089 97.419 -0.094
201312 -0.127 96.945 -0.135
201403 -0.067 98.604 -0.070
201406 -0.048 99.473 -0.050
201409 -0.059 99.394 -0.061
201412 -0.047 98.367 -0.049
201503 -0.017 99.789 -0.018
201506 -0.016 100.500 -0.016
201509 -0.031 100.421 -0.032
201512 -0.011 99.947 -0.011
201603 -0.011 101.054 -0.011
201606 -0.007 102.002 -0.007
201609 0.005 101.765 0.005
201612 -0.025 101.449 -0.025
201703 -0.018 102.634 -0.018
201706 -0.010 103.029 -0.010
201709 -0.001 103.345 -0.001

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.


Montana Exploration  (OTCPK:ATDEF) 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.


Montana Exploration Cyclically Adjusted Price-to-FCF Related Terms

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


Montana Exploration (Montana Exploration) Business Description

Industry
Traded in Other Exchanges
N/A
Address
144 - 4th Avenue SW, Suite 2300, Calgary, AB, CAN, T2P 3N4
Montana Exploration Corp is a Canadian junior oil and gas exploration and production company focusing on the Bakken and Shaunavon oil opportunities underlying its extensive land holdings in Montana. The majority of the Company's assets are located in Blaine County, Montana. Canadian assets are focused at Viking Kinsella, Killam and Cardiff, Alberta which produce approximately 500 mcfd.

Montana Exploration (Montana Exploration) Headlines

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