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Zargon Oil & Gas (Zargon Oil & Gas) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Zargon Oil & Gas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zargon Oil & Gas'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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Zargon Oil & Gas Cyclically Adjusted Price-to-FCF Chart

Zargon Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Zargon Oil & Gas Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Zargon Oil & Gas's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Zargon Oil & Gas'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.


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

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

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



Zargon Oil & Gas 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.

Zargon Oil & Gas's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Zargon Oil & Gas's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=-0.041/108.4014*108.4014
=-0.041

Current CPI (Jun. 2020) = 108.4014.

Zargon Oil & Gas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201009 6.434 92.362 7.551
201012 -9.463 92.836 -11.050
201103 0.832 94.338 0.956
201106 3.463 94.654 3.966
201109 -7.209 95.286 -8.201
201112 -2.198 94.970 -2.509
201203 -6.183 96.155 -6.970
201206 -0.612 96.076 -0.691
201209 1.253 96.392 1.409
201212 -6.054 95.760 -6.853
201303 -4.559 97.103 -5.089
201306 0.404 97.182 0.451
201309 -1.694 97.419 -1.885
201312 -6.666 96.945 -7.454
201403 -1.269 98.604 -1.395
201406 -4.056 99.473 -4.420
201409 -0.259 99.394 -0.282
201412 -0.313 98.367 -0.345
201503 0.644 99.789 0.700
201506 0.867 100.500 0.935
201509 0.122 100.421 0.132
201512 -4.218 99.947 -4.575
201603 -0.200 101.054 -0.215
201606 -0.101 102.002 -0.107
201609 -0.266 101.765 -0.283
201612 -0.557 101.449 -0.595
201703 0.008 102.634 0.008
201706 -1.333 103.029 -1.403
201709 -0.805 103.345 -0.844
201712 -1.099 103.345 -1.153
201803 -0.555 105.004 -0.573
201806 0.391 105.557 0.402
201809 -0.045 105.636 -0.046
201812 -1.474 105.399 -1.516
201903 -0.062 106.979 -0.063
201906 0.065 107.690 0.065
201909 -0.020 107.611 -0.020
201912 -0.029 107.769 -0.029
202003 -0.015 107.927 -0.015
202006 -0.041 108.401 -0.041

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.


Zargon Oil & Gas  (GREY:ZARFF) 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.


Zargon Oil & Gas Cyclically Adjusted Price-to-FCF Related Terms

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Zargon Oil & Gas (Zargon Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
112 - 4th Avenue SW, Suite 1100, Sun Life Plaza - East Tower, Calgary, AB, CAN, T2P 0H3
Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.

Zargon Oil & Gas (Zargon Oil & Gas) Headlines