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Spartan Delta (TSX:SDE) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Spartan Delta Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spartan Delta Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spartan Delta'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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Spartan Delta Cyclically Adjusted Price-to-FCF Chart

Spartan Delta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Spartan Delta Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Spartan Delta's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Spartan Delta'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.


Spartan Delta's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Spartan Delta 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.

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

For example, Spartan Delta'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)
=0.018/125.4675*125.4675
=0.018

Current CPI (Mar. 2024) = 125.4675.

Spartan Delta Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.211 99.473 -4.050
201409 -3.307 99.394 -4.174
201412 -10.386 98.367 -13.247
201503 -2.351 99.789 -2.956
201506 -4.026 100.500 -5.026
201509 -0.272 100.421 -0.340
201512 -0.535 99.947 -0.672
201603 -0.711 101.054 -0.883
201606 -0.658 102.002 -0.809
201609 0.079 101.765 0.097
201612 -0.668 101.449 -0.826
201703 0.052 102.634 0.064
201706 -0.189 103.029 -0.230
201709 -3.630 103.345 -4.407
201712 -1.149 103.345 -1.395
201803 -2.358 105.004 -2.818
201806 -1.468 105.557 -1.745
201809 0.000 105.636 0.000
201812 -0.842 105.399 -1.002
201903 -0.242 106.979 -0.284
201906 -0.169 107.690 -0.197
201909 -0.224 107.611 -0.261
201912 -0.024 107.769 -0.028
202003 -0.035 107.927 -0.041
202006 -2.462 108.401 -2.850
202009 0.315 108.164 0.365
202012 0.024 108.559 0.028
202103 0.157 110.298 0.179
202106 0.302 111.720 0.339
202109 0.063 112.905 0.070
202112 -2.306 113.774 -2.543
202203 0.175 117.646 0.187
202206 0.838 120.806 0.870
202209 0.833 120.648 0.866
202212 0.224 120.964 0.232
202303 0.425 122.702 0.435
202306 0.293 124.203 0.296
202309 0.205 125.230 0.205
202312 0.111 125.468 0.111
202403 0.018 125.468 0.018

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.


Spartan Delta  (TSX:SDE) 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.


Spartan Delta Cyclically Adjusted Price-to-FCF Related Terms

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Spartan Delta (TSX:SDE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Spartan Delta Corp (TSX:SDE) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
308 - 4th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 0H7
Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. It operates and focuses its activities on Peace River Arch and Central Alberta.
Executives
Fotis Kalantzis Director, Senior Officer