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DHT Holdings (STU:D8EN) Cyclically Adjusted Price-to-FCF : 73.97 (As of Sep. 22, 2024)


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What is DHT Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), DHT Holdings's current share price is €9.616. DHT Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €0.13. DHT Holdings's Cyclically Adjusted Price-to-FCF for today is 73.97.

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

STU:D8EN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.41   Med: 4.67   Max: 96
Current: 76.87

During the past years, DHT Holdings's highest Cyclically Adjusted Price-to-FCF was 96.00. The lowest was 1.41. And the median was 4.67.

STU:D8EN's Cyclically Adjusted Price-to-FCF is ranked worse than
91.54% of 390 companies
in the Oil & Gas industry
Industry Median: 12.88 vs STU:D8EN: 76.87

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.

DHT Holdings's adjusted free cash flow per share data for the three months ended in Jun. 2024 was €0.176. 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 €0.13 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHT Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DHT Holdings'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.

DHT Holdings Cyclically Adjusted Price-to-FCF Chart

DHT Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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DHT Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - 82.43

Competitive Comparison of DHT Holdings's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



DHT Holdings 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.

DHT Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.616/0.13
=73.97

* 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.

DHT Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, DHT Holdings's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.176/132.5538*132.5538
=0.176

Current CPI (Jun. 2024) = 132.5538.

DHT Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.437 100.428 -0.577
201412 0.138 99.070 0.185
201503 0.190 99.621 0.253
201506 0.087 100.684 0.115
201509 0.341 100.392 0.450
201512 -0.327 99.792 -0.434
201603 -0.446 100.470 -0.588
201606 0.246 101.688 0.321
201609 -0.401 101.861 -0.522
201612 0.256 101.863 0.333
201703 -0.238 102.862 -0.307
201706 -1.204 103.349 -1.544
201709 0.013 104.136 0.017
201712 -0.058 104.011 -0.074
201803 -0.011 105.290 -0.014
201806 -0.456 106.317 -0.569
201809 -0.376 106.507 -0.468
201812 -0.243 105.998 -0.304
201903 0.218 107.251 0.269
201906 0.185 108.070 0.227
201909 0.049 108.329 0.060
201912 0.108 108.420 0.132
202003 0.685 108.902 0.834
202006 0.924 108.767 1.126
202009 0.635 109.815 0.766
202012 0.336 109.897 0.405
202103 -0.639 111.754 -0.758
202106 0.080 114.631 0.093
202109 -0.026 115.734 -0.030
202112 0.025 117.630 0.028
202203 0.018 121.301 0.020
202206 0.124 125.017 0.131
202209 0.019 125.227 0.020
202212 0.517 125.222 0.547
202303 0.295 127.348 0.307
202306 0.389 128.729 0.401
202309 -0.216 129.860 -0.220
202312 0.228 129.419 0.234
202403 0.376 131.776 0.378
202406 0.176 132.554 0.176

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.


DHT Holdings  (STU:D8EN) 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.


DHT Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


DHT Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DHT Holdings Inc (STU:D8EN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.

DHT Holdings Headlines

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