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Solstad Offshore ASA (OSTO:SOFFO) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is Solstad Offshore ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Solstad Offshore ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Solstad Offshore 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.

* Premium members only.

Solstad Offshore ASA Cyclically Adjusted Price-to-FCF Chart

Solstad Offshore ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 - - 0.07 -

Solstad Offshore ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.05 - - -

Competitive Comparison of Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Solstad Offshore 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.


Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Solstad Offshore 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.

Solstad Offshore ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Solstad Offshore ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.23/132.6000*132.6000
=3.230

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6,711.784 97.500 -9,128.026
201409 -27,864.059 98.500 -37,510.398
201412 10,017.481 98.600 13,471.785
201503 2,514.412 99.200 3,360.998
201506 1,605.569 100.100 2,126.858
201509 7,157.480 100.600 9,434.213
201512 1,341.725 100.900 1,763.258
201603 1,566.120 102.500 2,026.025
201606 4,385.760 103.800 5,602.618
201609 10,161.216 104.200 12,930.684
201612 -26,610.667 104.400 -33,798.606
201703 474.055 105.000 598.664
201706 1,379.097 105.800 1,728.433
201709 457.008 105.900 572.231
201712 693.628 106.100 866.872
201803 312.276 107.300 385.907
201806 865.286 108.500 1,057.483
201809 765.768 109.500 927.314
201812 1,128.969 109.800 1,363.400
201903 -650.255 110.400 -781.013
201906 850.188 110.600 1,019.303
201909 1,159.693 111.100 1,384.116
201912 1,144.531 111.300 1,363.565
202003 254.125 111.200 303.030
202006 1,144.089 112.100 1,353.311
202009 499.281 112.900 586.401
202012 -0.102 112.900 -0.120
202103 -0.398 114.600 -0.461
202106 4.598 115.300 5.288
202109 4.309 117.500 4.863
202112 4.709 118.900 5.252
202203 0.123 119.800 0.136
202206 2.982 122.600 3.225
202209 4.076 125.600 4.303
202212 5.785 125.900 6.093
202303 8.020 127.600 8.334
202306 6.800 130.400 6.915
202309 4.931 129.800 5.037
202312 6.937 131.900 6.974
202403 3.230 132.600 3.230

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.


Solstad Offshore ASA  (OSTO:SOFFO) 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.


Solstad Offshore ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Solstad Offshore ASA (OSTO:SOFFO) Business Description

Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (OSTO:SOFFO) Headlines

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