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Golar LNG (HAM:G2O) Cyclically Adjusted Price-to-FCF : (As of May. 24, 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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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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 Dec. 2023 is calculated as:

For example, Golar LNG'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)
=-0.864/129.4194*129.4194
=-0.864

Current CPI (Dec. 2023) = 129.4194.

Golar LNG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.504 99.695 -3.251
201406 -3.242 100.560 -4.172
201409 -2.476 100.428 -3.191
201412 -4.429 99.070 -5.786
201503 -4.546 99.621 -5.906
201506 -0.934 100.684 -1.201
201509 -0.645 100.392 -0.831
201512 -4.323 99.792 -5.606
201603 -0.537 100.470 -0.692
201606 -1.052 101.688 -1.339
201609 -0.415 101.861 -0.527
201612 -0.598 101.863 -0.760
201703 -0.636 102.862 -0.800
201706 -0.857 103.349 -1.073
201709 -0.470 104.136 -0.584
201712 -1.695 104.011 -2.109
201803 -0.475 105.290 -0.584
201806 -0.095 106.317 -0.116
201809 0.099 106.507 0.120
201812 0.219 105.998 0.267
201903 0.425 107.251 0.513
201906 -1.376 108.070 -1.648
201909 -0.092 108.329 -0.110
201912 -1.803 108.420 -2.152
202003 -0.935 108.902 -1.111
202006 -0.102 108.767 -0.121
202009 -0.135 109.815 -0.159
202012 -0.209 109.897 -0.246
202103 -0.032 111.754 -0.037
202106 -0.469 114.631 -0.530
202109 0.261 115.734 0.292
202112 0.447 117.630 0.492
202203 -0.851 121.301 -0.908
202206 -0.001 125.017 -0.001
202209 0.410 125.227 0.424
202212 0.776 125.222 0.802
202303 0.290 127.348 0.295
202306 -0.862 128.729 -0.867
202309 -0.199 129.860 -0.198
202312 -0.864 129.419 -0.864

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  (HAM:G2O) 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

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


Golar LNG (HAM:G2O) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (HAM:G2O) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd is a midstream LNG company 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), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.

Golar LNG (HAM:G2O) Headlines

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