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Archrock (Archrock) Cyclically Adjusted FCF per Share : $0.63 (As of Dec. 2023)


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What is Archrock Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Archrock's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.227. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Archrock's average Cyclically Adjusted FCF Growth Rate was -12.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 42.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Archrock was 155.90% per year. The lowest was -57.50% per year. And the median was 3.40% per year.

As of today (2024-04-28), Archrock's current stock price is $20.20. Archrock's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.63. Archrock's Cyclically Adjusted Price-to-FCF of today is 32.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Archrock was 690.00. The lowest was 6.17. And the median was 20.16.


Archrock Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Archrock's Cyclically Adjusted FCF per Share 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.

Archrock Cyclically Adjusted FCF per Share Chart

Archrock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.22 0.63 0.72 0.63

Archrock Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 0.72 0.91 0.97 0.90 0.63

Competitive Comparison of Archrock's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Archrock'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.


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

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

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



Archrock Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Archrock'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)
=0.227/129.4194*129.4194
=0.227

Current CPI (Dec. 2023) = 129.4194.

Archrock Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.669 99.695 -0.868
201406 -1.067 100.560 -1.373
201409 0.142 100.428 0.183
201412 1.502 99.070 1.962
201503 0.649 99.621 0.843
201506 -0.262 100.684 -0.337
201509 1.216 100.392 1.568
201512 0.920 99.792 1.193
201603 0.301 100.470 0.388
201606 0.639 101.688 0.813
201609 0.843 101.861 1.071
201612 0.487 101.863 0.619
201703 0.344 102.862 0.433
201706 -0.316 103.349 -0.396
201709 -0.044 104.136 -0.055
201712 -0.269 104.011 -0.335
201803 -0.108 105.290 -0.133
201806 -0.175 106.317 -0.213
201809 -0.340 106.507 -0.413
201812 -0.176 105.998 -0.215
201903 -0.400 107.251 -0.483
201906 -0.273 108.070 -0.327
201909 0.045 108.329 0.054
201912 -0.101 108.420 -0.121
202003 0.181 108.902 0.215
202006 0.176 108.767 0.209
202009 0.548 109.815 0.646
202012 0.387 109.897 0.456
202103 0.436 111.754 0.505
202106 0.144 114.631 0.163
202109 0.328 115.734 0.367
202112 0.011 117.630 0.012
202203 0.208 121.301 0.222
202206 -0.315 125.017 -0.326
202209 0.077 125.227 0.080
202212 -0.206 125.222 -0.213
202303 0.022 127.348 0.022
202306 -0.470 128.729 -0.473
202309 0.295 129.860 0.294
202312 0.227 129.419 0.227

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Archrock  (NYSE:AROC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Archrock's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.20/0.63
=32.06

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Archrock was 690.00. The lowest was 6.17. And the median was 20.16.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Archrock Cyclically Adjusted FCF per Share Related Terms

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


Archrock (Archrock) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archrock Inc (NYSE:AROC) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
9807 Katy Freeway, Suite 100, Houston, TX, USA, 77024
Archrock Inc is an energy infrastructure company with focus on midstream natural gas compression and a commitment to helping customers produce, compress and transport natural gas. It has two business segments, Contract Operations, and Aftermarket Services. Under the umbrella of contract operations services, the company provides operations to meet customers' natural gas compression needs. Services include designing, owning, installing, operating, and maintaining equipment. Aftermarket Services business provides a full range of services to support the compression needs of customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It generates maximum revenue from the Contract Operations segment.
Executives
Donna A Henderson officer: VP, Chief Accounting Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Jdh Capital Holdings, L.p. 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Eric W Thode officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024
Hildebrand Enterprises Co 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Hildebrand Enterprises, Lp 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Jdh Capital Co 10 percent owner C/O HILCORP ENERGY COMPANY, 1111 TRAVIS, HOUSTON TX 77002
Jeffery D Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Melinda B Hildebrand 10 percent owner 1111 TRAVIS STREET, SUITE 2300, HOUSTON TX 77002
Leonard Wayne Mallett director P.O. BOX 2521, HOUSTON TX 77252-2521
Jason C Rebrook director C/O JDH CAPITAL COMPANY, 1111 TRAVIS STREET, HOUSTON TX 77002
Doug S Aron officer: Sr Vice President and CFO 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411
D Bradley Childers officer: Sr Vice President DC/O UNIVERSAL COPRESSION HOLDINGS INC, 4440 BRITTMOORE ROAD, HOUSTON TX 77041
Jason Ingersoll officer: Vice President 16666 NORTHCHASE DRIVE, HOUSTON TX 77060
Sean K Clawges officer: Vice President 9807 KATY FREEWAY, SUITE 100, HOUSTON TX 77024

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