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Enteq Technologies (LSE:NTQ) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Enteq Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enteq Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enteq Technologies'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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Enteq Technologies Cyclically Adjusted Price-to-FCF Chart

Enteq Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Enteq Technologies Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Enteq Technologies's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Enteq Technologies'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.


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

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

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



Enteq Technologies 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.

Enteq Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Enteq Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.021/126.8000*126.8000
=-0.021

Current CPI (Mar23) = 126.8000.

Enteq Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.056 99.300 -0.072
201503 -0.055 99.600 -0.070
201603 0.009 100.400 0.011
201703 0.001 102.700 0.001
201803 -0.004 105.100 -0.005
201903 -0.051 107.000 -0.060
202003 -0.028 108.600 -0.033
202103 -0.031 109.700 -0.036
202203 -0.039 116.500 -0.042
202303 -0.021 126.800 -0.021

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.


Enteq Technologies  (LSE:NTQ) 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.


Enteq Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Enteq Technologies (LSE:NTQ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
High Street Ascot, The Courtyard, Berkshire, GBR, SL5 7HP
Enteq Technologies PLC is engaged in providing energy technologies for directional drilling and geo-steering. It develops technologies for measurement, logging, and geo-steering while drilling wells for oil, gas, and geothermal markets. The company products include Measurement While Drilling, Downhole Connectivity Systems, Logging While Drilling, At-Bit System, the SABER Tool - Rotary Steerable System.

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