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Advantage Energy (TSX:AAV) Cyclically Adjusted Price-to-FCF : 214.80 (As of May. 01, 2024)


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What is Advantage Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Advantage Energy's current share price is C$10.74. Advantage Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.05. Advantage Energy's Cyclically Adjusted Price-to-FCF for today is 214.80.

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

TSX:AAV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.83   Med: 150.8   Max: 1005
Current: 237.39

During the past years, Advantage Energy's highest Cyclically Adjusted Price-to-FCF was 1005.00. The lowest was 14.83. And the median was 150.80.

TSX:AAV's Cyclically Adjusted Price-to-FCF is ranked worse than
96.95% of 394 companies
in the Oil & Gas industry
Industry Median: 14.345 vs TSX:AAV: 237.39

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.

Advantage Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-0.078. 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 C$0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advantage Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Advantage Energy'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.

Advantage Energy Cyclically Adjusted Price-to-FCF Chart

Advantage Energy 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 - - - 427.71 222.10

Advantage Energy 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 458.94 1,540.39 3,203.15 222.10 216.57

Competitive Comparison of Advantage Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Advantage Energy'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.


Advantage Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Advantage Energy 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.

Advantage Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.74/0.05
=214.80

* 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.

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

For example, Advantage Energy'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)
=-0.078/125.4675*125.4675
=-0.078

Current CPI (Mar. 2024) = 125.4675.

Advantage Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.065 99.473 0.082
201409 0.020 99.394 0.025
201412 -0.220 98.367 -0.281
201503 -0.356 99.789 -0.448
201506 -0.080 100.500 -0.100
201509 -0.033 100.421 -0.041
201512 0.013 99.947 0.016
201603 -0.047 101.054 -0.058
201606 0.059 102.002 0.073
201609 0.092 101.765 0.113
201612 0.150 101.449 0.186
201703 0.038 102.634 0.046
201706 0.080 103.029 0.097
201709 -0.109 103.345 -0.132
201712 -0.233 103.345 -0.283
201803 -0.141 105.004 -0.168
201806 -0.095 105.557 -0.113
201809 -0.060 105.636 -0.071
201812 -0.044 105.399 -0.052
201903 -0.080 106.979 -0.094
201906 0.088 107.690 0.103
201909 -0.048 107.611 -0.056
201912 -0.056 107.769 -0.065
202003 -0.238 107.927 -0.277
202006 -0.109 108.401 -0.126
202009 0.075 108.164 0.087
202012 -0.038 108.559 -0.044
202103 0.088 110.298 0.100
202106 0.182 111.720 0.204
202109 0.050 112.905 0.056
202112 0.058 113.774 0.064
202203 0.116 117.646 0.124
202206 0.557 120.806 0.578
202209 0.334 120.648 0.347
202212 0.336 120.964 0.349
202303 -0.062 122.702 -0.063
202306 -0.157 124.203 -0.159
202309 0.169 125.230 0.169
202312 0.346 125.468 0.346
202403 -0.078 125.468 -0.078

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.


Advantage Energy  (TSX:AAV) 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.


Advantage Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Advantage Energy (TSX:AAV) Business Description

Industry
Traded in Other Exchanges
Address
440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.
Executives
John Larry Festival Director

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