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Tenth Avenue Petroleum (TSXV:TPC) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Tenth Avenue Petroleum Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tenth Avenue Petroleum Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tenth Avenue Petroleum'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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Tenth Avenue Petroleum Cyclically Adjusted Price-to-FCF Chart

Tenth Avenue Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Tenth Avenue Petroleum 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 Tenth Avenue Petroleum's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Tenth Avenue Petroleum'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.


Tenth Avenue Petroleum's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tenth Avenue Petroleum's Cyclically Adjusted Price-to-FCF falls into.



Tenth Avenue Petroleum 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.

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

For example, Tenth Avenue Petroleum'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)
=-0.003/126.2576*126.2576
=-0.003

Current CPI (Mar. 2024) = 126.2576.

Tenth Avenue Petroleum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.017 99.473 -0.022
201409 -0.006 99.394 -0.008
201412 -0.001 98.367 -0.001
201503 -0.007 99.789 -0.009
201506 -0.006 100.500 -0.008
201509 0.013 100.421 0.016
201512 0.001 99.947 0.001
201603 0.001 101.054 0.001
201606 -0.001 102.002 -0.001
201609 0.000 101.765 0.000
201612 -0.001 101.449 -0.001
201703 0.000 102.634 0.000
201706 -0.012 103.029 -0.015
201709 -0.007 103.345 -0.009
201712 0.000 103.345 0.000
201803 0.005 105.004 0.006
201806 0.002 105.557 0.002
201809 -0.014 105.636 -0.017
201812 0.003 105.399 0.004
201903 0.005 106.979 0.006
201906 -0.002 107.690 -0.002
201909 0.000 107.611 0.000
201912 -0.003 107.769 -0.004
202003 0.013 107.927 0.015
202006 0.005 108.401 0.006
202009 0.000 108.164 0.000
202012 -0.003 108.559 -0.003
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 -0.003 117.646 -0.003
202206 -0.055 120.806 -0.057
202209 -0.005 120.648 -0.005
202212 0.047 120.964 0.049
202303 -0.004 122.702 -0.004
202306 -0.005 124.203 -0.005
202309 -0.002 125.230 -0.002
202312 0.009 125.072 0.009
202403 -0.003 126.258 -0.003

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.


Tenth Avenue Petroleum  (TSXV:TPC) 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.


Tenth Avenue Petroleum Cyclically Adjusted Price-to-FCF Related Terms

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


Tenth Avenue Petroleum (TSXV:TPC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
188 - 15th Avenue SW, Suite 2003, Calgary, AB, CAN, T2R 1S4
Tenth Avenue Petroleum Corp is a junior oil and gas exploration, production and development company. It explores and develops petroleum and natural gas properties in Western Canada. The company generates its revenue from the sale of oil, natural gas and NGLs. Its property comprises oil and natural gas assets and water-well assets.
Executives
Fern Macdonald 10% Security Holder