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Lochard Energy Group (LSE:LHD) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Lochard Energy Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lochard Energy Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lochard Energy Group'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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Lochard Energy Group Cyclically Adjusted Price-to-FCF Chart

Lochard Energy Group Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted Price-to-FCF
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Lochard Energy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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Competitive Comparison of Lochard Energy Group's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Lochard Energy Group'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.


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

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

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



Lochard Energy Group 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.

Lochard Energy Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun12 is calculated as:

For example, Lochard Energy Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=-0.058/93.2436*93.2436
=-0.058

Current CPI (Jun12) = 93.2436.

Lochard Energy Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200306 -0.001 72.997 -0.001
200406 -0.015 74.855 -0.019
200506 -0.014 76.712 -0.017
200606 0.000 79.777 0.000
200706 -0.007 81.449 -0.008
200806 -0.021 85.071 -0.023
200906 -0.001 86.278 -0.001
201006 -0.007 88.971 -0.007
201106 -0.053 92.129 -0.054
201206 -0.058 93.244 -0.058

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.


Lochard Energy Group  (LSE:LHD) 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.


Lochard Energy Group Cyclically Adjusted Price-to-FCF Related Terms

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Lochard Energy Group (LSE:LHD) Business Description

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