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Wescan Energy (TSXV:WCE) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Wescan Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wescan 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.

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Wescan Energy Cyclically Adjusted Price-to-FCF Chart

Wescan Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Wescan Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Wescan Energy's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Wescan 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.


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

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

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



Wescan 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.

Wescan Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Wescan Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.012/125.0724*125.0724
=-0.012

Current CPI (Dec. 2023) = 125.0724.

Wescan Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.007 98.604 -0.009
201406 -0.007 99.473 -0.009
201409 -0.005 99.394 -0.006
201412 -0.005 98.367 -0.006
201503 -0.005 99.789 -0.006
201506 -0.056 100.500 -0.070
201509 0.004 100.421 0.005
201512 0.004 99.947 0.005
201603 0.049 101.054 0.061
201606 -0.004 102.002 -0.005
201609 0.000 101.765 0.000
201612 0.001 101.449 0.001
201703 0.001 102.634 0.001
201706 0.002 103.029 0.002
201709 -0.001 103.345 -0.001
201712 0.005 103.345 0.006
201803 0.001 105.004 0.001
201806 -0.002 105.557 -0.002
201809 0.008 105.636 0.009
201812 -0.001 105.399 -0.001
201903 -0.006 106.979 -0.007
201906 0.004 107.690 0.005
201909 -0.001 107.611 -0.001
201912 0.000 107.769 0.000
202003 -0.004 107.927 -0.005
202006 -0.001 108.401 -0.001
202009 0.001 108.164 0.001
202012 -0.002 108.559 -0.002
202103 -0.006 110.298 -0.007
202106 -0.002 111.720 -0.002
202109 0.000 112.905 0.000
202112 -0.002 113.774 -0.002
202203 0.002 117.646 0.002
202206 0.004 120.806 0.004
202209 -0.002 120.648 -0.002
202212 -0.013 120.964 -0.013
202303 -0.019 122.702 -0.019
202306 0.000 124.203 0.000
202309 -0.001 125.230 -0.001
202312 -0.012 125.072 -0.012

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.


Wescan Energy  (TSXV:WCE) 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.


Wescan Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Wescan Energy (TSXV:WCE) Business Description

Industry
Traded in Other Exchanges
Address
520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.
Executives
Shubham Garg Director

Wescan Energy (TSXV:WCE) Headlines

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