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QEP Resources (STU:Q8Q) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is QEP Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


QEP Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for QEP Resources'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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QEP Resources Cyclically Adjusted Price-to-FCF Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of QEP Resources's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, QEP Resources'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.


QEP Resources's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



QEP Resources 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.

QEP Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, QEP Resources's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.17/109.8968*109.8968
=0.170

Current CPI (Dec. 2020) = 109.8968.

QEP Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201103 -0.172 94.283 -0.200
201106 0.038 95.235 0.044
201109 -0.039 95.727 -0.045
201112 -0.409 95.213 -0.472
201203 -0.040 96.783 -0.045
201206 0.082 96.819 0.093
201209 -6.446 97.633 -7.256
201212 -0.148 96.871 -0.168
201303 -0.927 98.209 -1.037
201306 -0.133 98.518 -0.148
201309 0.392 98.790 0.436
201312 -1.059 98.326 -1.184
201403 -3.834 99.695 -4.226
201406 0.353 100.560 0.386
201409 -0.568 100.428 -0.622
201412 -0.830 99.070 -0.921
201503 -3.224 99.621 -3.557
201506 -0.197 100.684 -0.215
201509 0.210 100.392 0.230
201512 -0.757 99.792 -0.834
201603 -0.563 100.470 -0.616
201606 0.157 101.688 0.170
201609 0.604 101.861 0.652
201612 -2.463 101.863 -2.657
201703 -0.371 102.862 -0.396
201706 -0.603 103.349 -0.641
201709 -0.463 104.136 -0.489
201712 -3.449 104.011 -3.644
201803 -0.830 105.290 -0.866
201806 -0.672 106.317 -0.695
201809 0.098 106.507 0.101
201812 -0.290 105.998 -0.301
201903 -0.324 107.251 -0.332
201906 -0.134 108.070 -0.136
201909 -0.015 108.329 -0.015
201912 0.483 108.420 0.490
202003 -0.059 108.902 -0.060
202006 -0.036 108.767 -0.036
202009 1.019 109.815 1.020
202012 0.170 109.897 0.170

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.


QEP Resources  (STU:Q8Q) 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.


QEP Resources Cyclically Adjusted Price-to-FCF Related Terms

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QEP Resources (STU:Q8Q) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEP Resources Inc (STU:Q8Q) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
1050 17th Street, Suite 800, Denver, CO, USA, 80265
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

QEP Resources (STU:Q8Q) Headlines

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