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Civeo (FRA:44C1) Cyclically Adjusted Price-to-FCF : 3.90 (As of May. 17, 2024)


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What is Civeo Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Civeo's current share price is €22.40. Civeo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.75. Civeo's Cyclically Adjusted Price-to-FCF for today is 3.90.

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

FRA:44C1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.65   Med: 3.4   Max: 5.34
Current: 4.01

During the past years, Civeo's highest Cyclically Adjusted Price-to-FCF was 5.34. The lowest was 2.65. And the median was 3.40.

FRA:44C1's Cyclically Adjusted Price-to-FCF is ranked better than
90.33% of 362 companies
in the Business Services industry
Industry Median: 18.765 vs FRA:44C1: 4.01

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.

Civeo's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.023. 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 €5.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Civeo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Civeo'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.

Civeo Cyclically Adjusted Price-to-FCF Chart

Civeo 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 - - - 4.68 3.45

Civeo 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 3.00 2.83 3.10 3.45 4.31

Competitive Comparison of Civeo's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Civeo'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.


Civeo's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Civeo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Civeo 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.

Civeo's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.40/5.75
=3.90

* 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.

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

For example, Civeo'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)
=0.023/131.7762*131.7762
=0.023

Current CPI (Mar. 2024) = 131.7762.

Civeo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.172 100.560 -1.536
201409 -1.145 100.428 -1.502
201412 3.655 99.070 4.862
201503 3.978 99.621 5.262
201506 3.208 100.684 4.199
201509 6.119 100.392 8.032
201512 -0.765 99.792 -1.010
201603 0.663 100.470 0.870
201606 1.869 101.688 2.422
201609 0.829 101.861 1.072
201612 0.933 101.863 1.207
201703 0.554 102.862 0.710
201706 0.196 103.349 0.250
201709 2.242 104.136 2.837
201712 0.629 104.011 0.797
201803 0.011 105.290 0.014
201806 0.490 106.317 0.607
201809 0.568 106.507 0.703
201812 1.279 105.998 1.590
201903 -0.214 107.251 -0.263
201906 -0.501 108.070 -0.611
201909 1.247 108.329 1.517
201912 2.361 108.420 2.870
202003 1.172 108.902 1.418
202006 1.460 108.767 1.769
202009 1.969 109.815 2.363
202012 1.907 109.897 2.287
202103 0.558 111.754 0.658
202106 0.777 114.631 0.893
202109 1.822 115.734 2.075
202112 1.210 117.630 1.356
202203 -0.105 121.301 -0.114
202206 1.102 125.017 1.162
202209 2.149 125.227 2.261
202212 1.463 125.222 1.540
202303 -0.272 127.348 -0.281
202306 0.767 128.729 0.785
202309 1.722 129.860 1.747
202312 1.817 129.419 1.850
202403 0.023 131.776 0.023

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.


Civeo  (FRA:44C1) 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.


Civeo Cyclically Adjusted Price-to-FCF Related Terms

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


Civeo (FRA:44C1) Business Description

Industry
Traded in Other Exchanges
Address
333 Clay Street, Three Allen Center, Suite 4980, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.

Civeo (FRA:44C1) Headlines

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