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Aker BP ASA (STU:ARC) Cyclically Adjusted Price-to-FCF : 10.25 (As of Jun. 18, 2024)


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What is Aker BP ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Aker BP ASA's current share price is €22.76. Aker BP ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.22. Aker BP ASA's Cyclically Adjusted Price-to-FCF for today is 10.25.

The historical rank and industry rank for Aker BP ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:ARC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.95   Med: 23.87   Max: 261.31
Current: 9.95

During the past years, Aker BP ASA's highest Cyclically Adjusted Price-to-FCF was 261.31. The lowest was 9.95. And the median was 23.87.

STU:ARC's Cyclically Adjusted Price-to-FCF is ranked better than
62.56% of 398 companies
in the Oil & Gas industry
Industry Median: 13.075 vs STU:ARC: 9.95

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Aker BP ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.577. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker BP ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aker BP 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.

Aker BP ASA Cyclically Adjusted Price-to-FCF Chart

Aker BP 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 - - 40.34 16.99 12.37

Aker BP 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 12.42 12.11 12.84 12.37 10.53

Competitive Comparison of Aker BP ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Aker BP 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.


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

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

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



Aker BP 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.

Aker BP ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.76/2.22
=10.25

* 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.

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

For example, Aker BP 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)
=0.577/132.6000*132.6000
=0.577

Current CPI (Mar. 2024) = 132.6000.

Aker BP ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.618 97.500 -0.840
201409 -0.804 98.500 -1.082
201412 0.062 98.600 0.083
201503 0.095 99.200 0.127
201506 -0.791 100.100 -1.048
201509 0.024 100.600 0.032
201512 -0.839 100.900 -1.103
201603 -0.185 102.500 -0.239
201606 -0.859 103.800 -1.097
201609 -0.027 104.200 -0.034
201612 0.045 104.400 0.057
201703 0.487 105.000 0.615
201706 0.409 105.800 0.513
201709 1.172 105.900 1.467
201712 0.647 106.100 0.809
201803 0.685 107.300 0.847
201806 0.673 108.500 0.822
201809 0.743 109.500 0.900
201812 2.430 109.800 2.935
201903 0.246 110.400 0.295
201906 -0.282 110.600 -0.338
201909 -0.422 111.100 -0.504
201912 -0.016 111.300 -0.019
202003 0.526 111.200 0.627
202006 -0.480 112.100 -0.568
202009 0.692 112.900 0.813
202012 0.770 112.900 0.904
202103 1.534 114.600 1.775
202106 1.553 115.300 1.786
202109 1.548 117.500 1.747
202112 1.828 118.900 2.039
202203 2.502 119.800 2.769
202206 2.207 122.600 2.387
202209 2.988 125.600 3.155
202212 0.297 125.900 0.313
202303 1.486 127.600 1.544
202306 -0.886 130.400 -0.901
202309 1.785 129.800 1.824
202312 0.577 131.900 0.580
202403 0.577 132.600 0.577

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.


Aker BP ASA  (STU:ARC) 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.


Aker BP ASA Cyclically Adjusted Price-to-FCF Related Terms

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Aker BP ASA (STU:ARC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (STU:ARC) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.