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Mermaid Maritime PCL (SGX:DU4) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Mermaid Maritime PCL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mermaid Maritime PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mermaid Maritime PCL'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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Mermaid Maritime PCL Cyclically Adjusted Price-to-FCF Chart

Mermaid Maritime PCL Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Mermaid Maritime PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF falls into.



Mermaid Maritime PCL 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.

Mermaid Maritime PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mermaid Maritime PCL'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)
=-0.008/131.7762*131.7762
=-0.008

Current CPI (Mar. 2024) = 131.7762.

Mermaid Maritime PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.002 100.560 0.003
201409 -0.002 100.428 -0.003
201412 0.000 99.070 0.000
201503 -0.006 99.621 -0.008
201506 -0.023 100.684 -0.030
201509 0.004 100.392 0.005
201512 0.007 99.792 0.009
201603 0.011 100.470 0.014
201606 0.013 101.688 0.017
201609 0.012 101.861 0.016
201612 0.010 101.863 0.013
201703 0.008 102.862 0.010
201706 -0.003 103.349 -0.004
201709 0.001 104.136 0.001
201712 0.003 104.011 0.004
201803 0.011 105.290 0.014
201806 -0.013 106.317 -0.016
201809 -0.005 106.507 -0.006
201812 0.008 105.998 0.010
201903 -0.009 107.251 -0.011
201906 -0.001 108.070 -0.001
201909 0.003 108.329 0.004
201912 0.003 108.420 0.004
202003 -0.003 108.902 -0.004
202006 0.000 108.767 0.000
202009 -0.009 109.815 -0.011
202012 -0.005 109.897 -0.006
202103 0.004 111.754 0.005
202106 -0.010 114.631 -0.011
202109 -0.004 115.734 -0.005
202112 -0.017 117.630 -0.019
202203 0.000 121.301 0.000
202206 -0.002 125.017 -0.002
202209 0.016 125.227 0.017
202212 0.000 125.222 0.000
202303 -0.005 127.348 -0.005
202306 -0.006 128.729 -0.006
202309 0.013 129.860 0.013
202312 -0.003 129.419 -0.003
202403 -0.008 131.776 -0.008

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.


Mermaid Maritime PCL  (SGX:DU4) 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.


Mermaid Maritime PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Mermaid Maritime PCL (SGX:DU4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.

Mermaid Maritime PCL (SGX:DU4) Headlines

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