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Harvest Oil & Gas (Harvest Oil & Gas) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Harvest Oil & Gas Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harvest Oil & Gas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Harvest Oil & Gas'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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Harvest Oil & Gas Cyclically Adjusted Price-to-FCF Chart

Harvest Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Harvest Oil & Gas Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Harvest Oil & Gas's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Harvest Oil & Gas'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.


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

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

* The bar in red indicates where Harvest Oil & Gas's Cyclically Adjusted Price-to-FCF falls into.



Harvest Oil & Gas 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.

Harvest Oil & Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Harvest Oil & Gas's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=-2.392/109.8149*109.8149
=-2.392

Current CPI (Sep. 2020) = 109.8149.

Harvest Oil & Gas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 -90.387 92.474 -107.337
201103 7.091 94.283 8.259
201106 7.838 95.235 9.038
201109 -1.192 95.727 -1.367
201112 -117.344 95.213 -135.339
201203 -1.745 96.783 -1.980
201206 5.121 96.819 5.808
201209 -13.906 97.633 -15.641
201212 0.938 96.871 1.063
201303 4.758 98.209 5.320
201306 -0.387 98.518 -0.431
201309 5.830 98.790 6.481
201312 -9.964 98.326 -11.128
201403 1.954 99.695 2.152
201406 1.838 100.560 2.007
201409 5.229 100.428 5.718
201412 0.335 99.070 0.371
201503 4.033 99.621 4.446
201506 1.806 100.684 1.970
201509 1.173 100.392 1.283
201512 -43.224 99.792 -47.565
201603 1.307 100.470 1.429
201606 -1.011 101.688 -1.092
201609 2.204 101.861 2.376
201612 1.297 101.863 1.398
201703 -10.919 102.862 -11.657
201706 0.357 103.349 0.379
201709 3.176 104.136 3.349
201712 -4.164 104.011 -4.396
201803 -1.732 105.290 -1.806
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 18.865 107.251 19.316
201906 8.296 108.070 8.430
201909 14.454 108.329 14.652
201912 4.369 108.420 4.425
202003 0.707 108.902 0.713
202006 1.284 108.767 1.296
202009 -2.392 109.815 -2.392

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.


Harvest Oil & Gas  (OTCPK:HRST) 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.


Harvest Oil & Gas Cyclically Adjusted Price-to-FCF Related Terms

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Harvest Oil & Gas (Harvest Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1001 Fannin Street, Suite 300, Houston, TX, USA, 77002
Harvest Oil & Gas Corp is engaged in the acquisition, development, and production of oil and natural gas properties.