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CDVIQ (Cal Dive International) Cyclically Adjusted Price-to-FCF : (As of Sep. 25, 2024)


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What is Cal Dive International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cal Dive International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cal Dive International'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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Cal Dive International Cyclically Adjusted Price-to-FCF Chart

Cal Dive International Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
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Cal Dive International Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Cal Dive International's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Cal Dive International'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.


Cal Dive International's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cal Dive International's Cyclically Adjusted Price-to-FCF falls into.



Cal Dive International 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.

Cal Dive International's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Cal Dive International's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=-0.152/100.4278*100.4278
=-0.152

Current CPI (Sep. 2014) = 100.4278.

Cal Dive International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200312 0.000 77.758 0.000
200503 0.000 81.555 0.000
200506 0.000 82.062 0.000
200509 0.000 83.876 0.000
200512 0.000 83.032 0.000
200603 -0.026 84.298 -0.031
200606 0.680 85.606 0.798
200609 0.563 85.606 0.660
200612 -0.459 85.142 -0.541
200703 0.253 86.640 0.293
200706 0.243 87.906 0.278
200709 0.425 87.964 0.485
200712 0.028 88.616 0.032
200803 0.301 90.090 0.336
200806 -0.543 92.320 -0.591
200809 0.241 92.307 0.262
200812 0.545 88.697 0.617
200903 0.382 89.744 0.427
200906 0.321 91.003 0.354
200909 0.632 91.120 0.697
200912 0.536 91.111 0.591
201003 0.179 91.821 0.196
201006 -0.394 91.962 -0.430
201009 0.279 92.162 0.304
201012 0.361 92.474 0.392
201103 -0.191 94.283 -0.203
201106 -0.341 95.235 -0.360
201109 0.050 95.727 0.052
201112 0.545 95.213 0.575
201203 -0.393 96.783 -0.408
201206 0.015 96.819 0.016
201209 -0.183 97.633 -0.188
201212 0.126 96.871 0.131
201303 0.026 98.209 0.027
201306 -0.531 98.518 -0.541
201309 -0.092 98.790 -0.094
201312 0.011 98.326 0.011
201403 -0.473 99.695 -0.476
201406 -0.398 100.560 -0.397
201409 -0.152 100.428 -0.152

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.


Cal Dive International  (OTCPK:CDVIQ) 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.


Cal Dive International Cyclically Adjusted Price-to-FCF Related Terms

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


Cal Dive International Business Description

Industry
Traded in Other Exchanges
N/A
Address
2500 CityWest Boulevard, Suite 2200, Houston, TX, USA, 77042
Cal Dive International Inc is a marine contracting company. It provides manned diving, pipelay and pipe burial, platform installation and salvage and light well intervention services to offshore oil and natural gas industry. The company operates in Gulf of Mexico, Outer continental shelf, northeastern U.S., Latin America, Southeast Asia, China, Australia, West Africa, the Middle East and Europe. It also owns diversified fleet of vessels including surface and saturation dive support vessels and construction barges. The firm generates majority of the revenues from the United States.
Executives
Lisa Manget Buchanan officer: EVP & General Counsel 2500 CITYWEST BOULEVARD SUITE 2200 HOUSTON TX 77042
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Brent D. Smith officer: Chief Financial Officer 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Todd A Dittmann director C/O ANGELO, GORDON & CO., L.P., 712 MAIN STREET, SUITE 1300, HOUSTON TX 77002
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Owen E Kratz director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Bruce Koch officer: Chief Financial Officer NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
Martin R Ferron director 30 CHAMPIONS BLVD, HOUSTON TX 77069