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Cohen Development Gas & Oil (XTAE:CDEV) Cyclically Adjusted Price-to-FCF : 17.11 (As of Jun. 19, 2024)


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What is Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Cohen Development Gas & Oil's current share price is ₪102.50. Cohen Development Gas & Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪5.99. Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF for today is 17.11.

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

XTAE:CDEV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.4   Med: 18.55   Max: 22.84
Current: 17.52

During the past years, Cohen Development Gas & Oil's highest Cyclically Adjusted Price-to-FCF was 22.84. The lowest was 15.40. And the median was 18.55.

XTAE:CDEV's Cyclically Adjusted Price-to-FCF is ranked better than
52.09% of 215 companies
in the Conglomerates industry
Industry Median: 18.17 vs XTAE:CDEV: 17.52

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.

Cohen Development Gas & Oil's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪3.143. 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 ₪5.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cohen Development Gas & Oil'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.

Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF Chart

Cohen Development Gas & Oil 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 - - 18.35 15.74 19.80

Cohen Development Gas & Oil 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 16.81 16.81 22.24 19.80 17.82

Competitive Comparison of Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Cohen Development Gas & Oil'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.


Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

* The bar in red indicates where Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF falls into.



Cohen Development Gas & Oil 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.

Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=102.50/5.99
=17.11

* 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.

Cohen Development Gas & Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cohen Development Gas & Oil'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)
=3.143/131.7762*131.7762
=3.143

Current CPI (Mar. 2024) = 131.7762.

Cohen Development Gas & Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.471 100.560 0.617
201409 0.938 100.428 1.231
201412 0.459 99.070 0.611
201503 0.777 99.621 1.028
201506 0.511 100.684 0.669
201509 0.819 100.392 1.075
201512 0.748 99.792 0.988
201603 0.690 100.470 0.905
201606 0.669 101.688 0.867
201609 0.785 101.861 1.016
201612 0.699 101.863 0.904
201703 0.826 102.862 1.058
201706 0.539 103.349 0.687
201709 0.938 104.136 1.187
201712 0.698 104.011 0.884
201803 0.808 105.290 1.011
201806 0.997 106.317 1.236
201809 1.007 106.507 1.246
201812 0.863 105.998 1.073
201903 1.029 107.251 1.264
201906 0.655 108.070 0.799
201909 0.809 108.329 0.984
201912 1.028 108.420 1.249
202003 1.461 108.902 1.768
202006 0.971 108.767 1.176
202009 1.457 109.815 1.748
202012 1.646 109.897 1.974
202103 1.469 111.754 1.732
202106 1.527 114.631 1.755
202109 2.246 115.734 2.557
202112 1.378 117.630 1.544
202203 1.754 121.301 1.905
202206 2.511 125.017 2.647
202209 1.959 125.227 2.061
202212 2.387 125.222 2.512
202303 2.483 127.348 2.569
202306 2.694 128.729 2.758
202309 2.744 129.860 2.785
202312 2.361 129.419 2.404
202403 3.143 131.776 3.143

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.


Cohen Development Gas & Oil  (XTAE:CDEV) 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.


Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF Related Terms

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


Cohen Development Gas & Oil (XTAE:CDEV) Business Description

Traded in Other Exchanges
N/A
Address
17 Efa'al Street Kiriat Arye, Petach Tikva, ISR, 49511
Website
Cohen Development Gas & Oil Ltd formerly known as Cohen Development & Industrial Buildings Ltd. is engaged in petroleum and gas exploration as well as real estate operations.

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