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Hi-Crush (FRA:HCU) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Hi-Crush Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hi-Crush Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hi-Crush'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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Hi-Crush Cyclically Adjusted Price-to-FCF Chart

Hi-Crush Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Hi-Crush Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Hi-Crush's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Hi-Crush'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.


Hi-Crush's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Hi-Crush 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.

Hi-Crush's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Hi-Crush's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec19 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=-0.373/108.4201*108.4201
=-0.373

Current CPI (Dec19) = 108.4201.

Hi-Crush Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 -0.005 92.474 -0.006
201112 -1.748 95.213 -1.990
201212 0.000 96.871 0.000
201312 1.392 98.326 1.535
201412 0.501 99.070 0.548
201512 -0.654 99.792 -0.711
201612 -1.485 101.863 -1.581
201712 -0.368 104.011 -0.384
201812 0.899 105.998 0.920
201912 -0.373 108.420 -0.373

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.


Hi-Crush  (FRA:HCU) 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.


Hi-Crush Cyclically Adjusted Price-to-FCF Related Terms

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Hi-Crush (FRA:HCU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hi-Crush Inc (FRA:HCU) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
1330 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Hi-Crush is one of the leading suppliers of sand used in the hydraulic fracturing of oil and gas wells. It produces Northern White sand from four mines in Wisconsin and one mine in West Texas. The company delivers sand in most major basins via its extensive logistics network.

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