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Tethys Oil AB (STU:TZB0) Cyclically Adjusted Price-to-FCF : 5.78 (As of Jun. 15, 2024)


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What is Tethys Oil AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-15), Tethys Oil AB's current share price is €2.89. Tethys Oil AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.50. Tethys Oil AB's Cyclically Adjusted Price-to-FCF for today is 5.78.

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

STU:TZB0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.26   Med: 11.22   Max: 43.02
Current: 5.97

During the past years, Tethys Oil AB's highest Cyclically Adjusted Price-to-FCF was 43.02. The lowest was 5.26. And the median was 11.22.

STU:TZB0's Cyclically Adjusted Price-to-FCF is ranked better than
79.85% of 397 companies
in the Oil & Gas industry
Industry Median: 13.3 vs STU:TZB0: 5.97

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.

Tethys Oil AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.311. 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 €0.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tethys Oil AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tethys Oil AB'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.

Tethys Oil AB Cyclically Adjusted Price-to-FCF Chart

Tethys Oil AB 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 18.04 9.78 10.73 9.57 6.76

Tethys Oil AB 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 8.73 7.31 8.50 6.76 6.13

Competitive Comparison of Tethys Oil AB's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Tethys Oil AB'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.


Tethys Oil AB's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tethys Oil AB's Cyclically Adjusted Price-to-FCF falls into.



Tethys Oil AB 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.

Tethys Oil AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.89/0.5
=5.78

* 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.

Tethys Oil AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tethys Oil AB'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)
=-0.311/132.2054*132.2054
=-0.311

Current CPI (Mar. 2024) = 132.2054.

Tethys Oil AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.206 100.432 0.271
201409 0.446 100.161 0.589
201412 0.363 100.225 0.479
201503 0.052 99.950 0.069
201506 0.100 99.995 0.132
201509 0.526 100.228 0.694
201512 -0.125 100.276 -0.165
201603 -0.107 100.751 -0.140
201606 0.059 101.019 0.077
201609 0.159 101.138 0.208
201612 0.036 102.022 0.047
201703 0.038 102.022 0.049
201706 -0.104 102.752 -0.134
201709 0.387 103.279 0.495
201712 -0.090 103.793 -0.115
201803 0.244 103.962 0.310
201806 0.030 104.875 0.038
201809 0.618 105.679 0.773
201812 0.336 105.912 0.419
201903 0.260 105.886 0.325
201906 0.142 106.742 0.176
201909 0.381 107.214 0.470
201912 0.021 107.766 0.026
202003 0.244 106.563 0.303
202006 0.016 107.498 0.020
202009 -0.300 107.635 -0.368
202012 0.221 108.296 0.270
202103 0.059 108.360 0.072
202106 0.125 108.928 0.152
202109 0.341 110.338 0.409
202112 0.257 112.486 0.302
202203 -0.364 114.825 -0.419
202206 0.205 118.384 0.229
202209 0.099 122.296 0.107
202212 0.012 126.365 0.013
202303 0.012 127.042 0.012
202306 0.116 129.407 0.119
202309 -0.185 130.224 -0.188
202312 0.061 131.912 0.061
202403 -0.311 132.205 -0.311

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.


Tethys Oil AB  (STU:TZB0) 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.


Tethys Oil AB Cyclically Adjusted Price-to-FCF Related Terms

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Tethys Oil AB (STU:TZB0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tethys Oil AB (STU:TZB0) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48
Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (STU:TZB0) Headlines

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