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DOF ASA (LTS:0HMM) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is DOF ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


DOF ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DOF ASA'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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DOF ASA Cyclically Adjusted Price-to-FCF Chart

DOF ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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DOF ASA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of DOF ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, DOF ASA'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.


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

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

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



DOF ASA 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.

DOF ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, DOF ASA's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.989/130.4000*130.4000
=-0.989

Current CPI (Jun. 2023) = 130.4000.

DOF ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 25.020 96.400 33.844
201312 25.290 96.600 34.139
201403 -17.309 97.300 -23.197
201406 -25.074 97.500 -33.535
201409 -3.936 98.500 -5.211
201412 6.039 98.600 7.987
201503 -104.287 99.200 -137.087
201506 -16.608 100.100 -21.635
201509 17.649 100.600 22.877
201512 2.671 100.900 3.452
201603 8.300 102.500 10.559
201606 -59.188 103.800 -74.356
201609 3.499 104.200 4.379
201612 1.191 104.400 1.488
201703 0.627 105.000 0.779
201706 -1.594 105.800 -1.965
201709 -0.279 105.900 -0.344
201712 0.556 106.100 0.683
201803 -0.091 107.300 -0.111
201806 0.249 108.500 0.299
201809 -0.329 109.500 -0.392
201812 0.768 109.800 0.912
201903 -0.480 110.400 -0.567
201906 0.486 110.600 0.573
201909 0.316 111.100 0.371
201912 0.967 111.300 1.133
202003 0.506 111.200 0.593
202006 1.199 112.100 1.395
202009 1.670 112.900 1.929
202012 0.634 112.900 0.732
202103 0.006 114.600 0.007
202106 -0.098 115.300 -0.111
202109 0.939 117.500 1.042
202112 1.270 118.900 1.393
202203 0.234 119.800 0.255
202206 1.782 122.600 1.895
202209 1.261 125.600 1.309
202212 3.166 125.900 3.279
202303 -2.212 127.600 -2.261
202306 -0.989 130.400 -0.989

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.


DOF ASA  (LTS:0HMM) 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.


DOF ASA Cyclically Adjusted Price-to-FCF Related Terms

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DOF ASA (LTS:0HMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DOF ASA (LTS:0HMM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Alfabygget, Storebo, Austevoll, NOR, 5392
DOF ASA is active in the oil and gas markets. The company consists of team of skilled professionals who, combined with a fleet of state-of-the-art, purpose-built vessels, provide services to the Oil and Gas industry across the entire offshore life cycle. Its core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention, and diving operations. It operates in three segments: Platform Supply Vessels (PSV), Anchor Handling Tug Supply vessels (AHTS), and Subsea (Subsea vessel and subsea engineering). The Subsea segment derives the majority of its revenue. Its geographical segments are Brazil, the United Kingdom, Norway, Australia, Canada, Singapore, the United States, the Philippines, Argentina, Angola, and others.

DOF ASA (LTS:0HMM) Headlines

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