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Reconnaissance Energy Africa (HAM:0XD) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Reconnaissance Energy Africa Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reconnaissance Energy Africa Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Reconnaissance Energy Africa'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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Reconnaissance Energy Africa Cyclically Adjusted Price-to-FCF Chart

Reconnaissance Energy Africa Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20
Cyclically Adjusted Price-to-FCF
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Reconnaissance Energy Africa Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
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Competitive Comparison of Reconnaissance Energy Africa's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.


Reconnaissance Energy Africa's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Reconnaissance Energy Africa 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.

Reconnaissance Energy Africa's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Reconnaissance Energy Africa's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.019/125.0724*125.0724
=-0.019

Current CPI (Dec. 2023) = 125.0724.

Reconnaissance Energy Africa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.001 97.419 -0.001
201312 -0.017 96.945 -0.022
201403 -0.018 98.604 -0.023
201406 -0.001 99.473 -0.001
201409 -0.008 99.394 -0.010
201412 -0.014 98.367 -0.018
201503 -0.010 99.789 -0.013
201506 -0.008 100.500 -0.010
201509 -0.002 100.421 -0.002
201512 -0.007 99.947 -0.009
201603 -0.007 101.054 -0.009
201606 0.002 102.002 0.002
201609 -0.003 101.765 -0.004
201612 -0.007 101.449 -0.009
201703 -0.004 102.634 -0.005
201706 -0.003 103.029 -0.004
201709 -0.003 103.345 -0.004
201712 -0.005 103.345 -0.006
201803 -0.004 105.004 -0.005
201806 -0.004 105.557 -0.005
201809 -0.010 105.636 -0.012
201812 -0.017 105.399 -0.020
201903 -0.003 106.979 -0.004
201906 -0.001 107.690 -0.001
201909 0.000 107.611 0.000
201912 -0.015 107.769 -0.017
202003 -0.010 107.927 -0.012
202006 -0.012 108.401 -0.014
202009 -0.027 108.164 -0.031
202012 -0.078 108.559 -0.090
202103 -0.055 110.298 -0.062
202106 -0.062 111.720 -0.069
202109 -0.045 112.905 -0.050
202112 -0.036 113.774 -0.040
202203 -0.015 117.646 -0.016
202206 -0.042 120.806 -0.043
202209 -0.059 120.648 -0.061
202306 -0.038 124.203 -0.038
202309 -0.037 125.230 -0.037
202312 -0.019 125.072 -0.019

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.


Reconnaissance Energy Africa  (HAM:0XD) 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.


Reconnaissance Energy Africa Cyclically Adjusted Price-to-FCF Related Terms

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Reconnaissance Energy Africa (HAM:0XD) Business Description

Traded in Other Exchanges
Address
Bentall, PO Box 48326, Vancouver, BC, CAN, V7X 1A1
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer.

Reconnaissance Energy Africa (HAM:0XD) Headlines

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