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GLNG (Golar LNG) Cyclically Adjusted Price-to-FCF : (As of Dec. 11, 2024)


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What is Golar LNG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golar LNG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golar LNG'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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Golar LNG Cyclically Adjusted Price-to-FCF Chart

Golar LNG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Golar LNG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Golar LNG's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Golar LNG'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.


Golar LNG's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Golar LNG 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.

Golar LNG's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Golar LNG's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0/133.0289*133.0289
=0.000

Current CPI (Sep. 2024) = 133.0289.

Golar LNG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -5.462 99.070 -7.334
201503 -4.920 99.621 -6.570
201506 -1.048 100.684 -1.385
201509 -0.724 100.392 -0.959
201512 -4.709 99.792 -6.277
201603 -0.598 100.470 -0.792
201606 -1.182 101.688 -1.546
201609 -0.466 101.861 -0.609
201612 -0.631 101.863 -0.824
201703 -0.681 102.862 -0.881
201706 -0.963 103.349 -1.240
201709 -0.560 104.136 -0.715
201712 -2.005 104.011 -2.564
201803 -0.586 105.290 -0.740
201806 -0.111 106.317 -0.139
201809 0.116 106.507 0.145
201812 0.250 105.998 0.314
201903 0.481 107.251 0.597
201906 -1.555 108.070 -1.914
201909 0.159 108.329 0.195
201912 -2.004 108.420 -2.459
202003 -1.034 108.902 -1.263
202006 -0.114 108.767 -0.139
202009 -0.159 109.815 -0.193
202012 -0.254 109.897 -0.307
202103 -0.038 111.754 -0.045
202106 -0.565 114.631 -0.656
202109 0.308 115.734 0.354
202112 0.505 117.630 0.571
202203 -0.937 121.301 -1.028
202206 -0.001 125.017 -0.001
202209 0.406 125.227 0.431
202212 0.822 125.222 0.873
202303 0.312 127.348 0.326
202306 -0.953 128.729 -0.985
202309 -0.212 129.860 -0.217
202312 -0.942 129.419 -0.968
202403 0.000 131.776 0.000
202406 0.000 132.554 0.000
202409 0.000 133.029 0.000

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.


Golar LNG  (NAS:GLNG) 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.


Golar LNG Cyclically Adjusted Price-to-FCF Related Terms

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Golar LNG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (NAS:GLNG) » Definitions » Cyclically Adjusted Price-to-FCF
Address
9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd is a midstream LNG company that operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), and Corporate and other. It generates maximum revenue from the FLNG segment.