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Sinopec Oilfield Service (SHSE:600871) Cyclically Adjusted FCF per Share : ¥0.00 (As of Mar. 2024)


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What is Sinopec Oilfield Service 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.

Sinopec Oilfield Service's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.052. 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 ¥0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 41.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -15.60% 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 Sinopec Oilfield Service was 41.50% per year. The lowest was -100.00% per year. And the median was -21.90% per year.

As of today (2024-04-28), Sinopec Oilfield Service's current stock price is ¥1.89. Sinopec Oilfield Service's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.00. Sinopec Oilfield Service's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sinopec Oilfield Service was 14670.50. The lowest was 285.00. And the median was 309.00.


Sinopec Oilfield Service Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sinopec Oilfield Service'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.

Sinopec Oilfield Service Cyclically Adjusted FCF per Share Chart

Sinopec Oilfield Service 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 -0.14 -0.15 -0.12 -0.09 -0.03

Sinopec Oilfield Service Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.08 -0.08 -0.09 -0.03 -

Competitive Comparison of Sinopec Oilfield Service's Cyclically Adjusted FCF per Share

For the Oil & Gas Drilling subindustry, Sinopec Oilfield Service'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.


Sinopec Oilfield Service's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Sinopec Oilfield Service 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, Sinopec Oilfield Service'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)
=-0.052/114.6694*114.6694
=-0.052

Current CPI (Mar. 2024) = 114.6694.

Sinopec Oilfield Service Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.176 98.200 0.206
201409 -0.147 98.900 -0.170
201412 0.519 99.000 0.601
201503 -0.153 99.900 -0.176
201506 0.012 99.500 0.014
201509 -0.187 100.500 -0.213
201512 0.262 100.600 0.299
201603 -0.146 102.200 -0.164
201606 -0.091 101.400 -0.103
201609 -0.112 102.400 -0.125
201612 -0.014 102.600 -0.016
201703 -0.100 103.200 -0.111
201706 -0.055 103.100 -0.061
201709 -0.050 104.100 -0.055
201712 0.151 104.500 0.166
201803 -0.138 105.300 -0.150
201806 -0.081 104.900 -0.089
201809 0.019 106.600 0.020
201812 -0.048 106.500 -0.052
201903 -0.064 107.700 -0.068
201906 -0.012 107.700 -0.013
201909 0.064 109.800 0.067
201912 -0.086 111.200 -0.089
202003 -0.073 112.300 -0.075
202006 0.061 110.400 0.063
202009 0.009 111.700 0.009
202012 0.131 111.500 0.135
202103 -0.027 112.662 -0.027
202106 0.018 111.769 0.018
202109 -0.043 112.215 -0.044
202112 0.159 113.108 0.161
202203 -0.061 114.335 -0.061
202206 0.004 114.558 0.004
202209 -0.052 115.339 -0.052
202212 0.123 115.116 0.123
202303 -0.044 115.116 -0.044
202306 -0.022 114.558 -0.022
202309 -0.007 115.339 -0.007
202312 0.154 114.669 0.154
202403 -0.052 114.669 -0.052

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


Sinopec Oilfield Service  (SHSE:600871) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sinopec Oilfield Service was 14670.50. The lowest was 285.00. And the median was 309.00.


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.


Sinopec Oilfield Service Cyclically Adjusted FCF per Share Related Terms

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


Sinopec Oilfield Service (SHSE:600871) Business Description

Industry
Traded in Other Exchanges
Address
No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.

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