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Solstad Offshore ASA (Solstad Offshore ASA) 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)
=0.304/132.6000*132.6000
=0.304

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,110.549 97.500 -1,510.347
201409 -4,386.314 98.500 -5,904.825
201412 1,376.558 98.600 1,851.233
201503 314.490 99.200 420.377
201506 205.549 100.100 272.286
201509 863.960 100.600 1,138.778
201512 154.275 100.900 202.744
201603 184.780 102.500 239.042
201606 528.000 103.800 674.497
201609 1,239.824 104.200 1,577.741
201612 -3,108.108 104.400 -3,947.654
201703 55.725 105.000 70.373
201706 163.022 105.800 204.317
201709 58.305 105.900 73.005
201712 83.391 106.100 104.219
201803 40.188 107.300 49.664
201806 106.688 108.500 130.386
201809 92.862 109.500 112.452
201812 130.875 109.800 158.051
201903 -75.547 110.400 -90.739
201906 98.484 110.600 118.074
201909 128.779 111.100 153.700
201912 126.833 111.300 151.106
202003 24.818 111.200 29.594
202006 120.013 112.100 141.960
202009 54.495 112.900 64.004
202012 -0.012 112.900 -0.014
202103 -0.047 114.600 -0.054
202106 0.546 115.300 0.628
202109 0.498 117.500 0.562
202112 0.524 118.900 0.584
202203 0.014 119.800 0.015
202206 0.306 122.600 0.331
202209 0.396 125.600 0.418
202212 0.586 125.900 0.617
202303 0.761 127.600 0.791
202306 0.630 130.400 0.641
202309 0.460 129.800 0.470
202312 0.658 131.900 0.661
202403 0.304 132.600 0.304

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  (OTCPK:SLOFF) 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

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Solstad Offshore ASA (Solstad Offshore ASA) 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 (Solstad Offshore ASA) Headlines

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Q4 2023 Solstad Offshore ASA Earnings Call Transcript

By GuruFocus Research 03-02-2024