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Hemisphere Energy (TSXV:HME) Cyclically Adjusted FCF per Share : C$0.05 (As of Dec. 2023)


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What is Hemisphere Energy 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.

Hemisphere Energy's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.122. 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 C$0.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hemisphere Energy's average Cyclically Adjusted FCF Growth Rate was 400.00% 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 Hemisphere Energy was 28.40% per year. The lowest was 2.90% per year. And the median was 11.75% per year.

As of today (2024-04-28), Hemisphere Energy's current stock price is C$1.73. Hemisphere Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.05. Hemisphere Energy's Cyclically Adjusted Price-to-FCF of today is 34.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hemisphere Energy was 145.00. The lowest was 25.00. And the median was 61.50.


Hemisphere Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hemisphere Energy'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.

Hemisphere Energy Cyclically Adjusted FCF per Share Chart

Hemisphere Energy 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 -0.09 -0.08 -0.05 0.01 0.05

Hemisphere Energy 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 0.01 0.02 0.02 0.03 0.05

Competitive Comparison of Hemisphere Energy's Cyclically Adjusted FCF per Share

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


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

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

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



Hemisphere Energy 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, Hemisphere 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)
=0.122/125.4675*125.4675
=0.122

Current CPI (Dec. 2023) = 125.4675.

Hemisphere Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.047 98.604 -0.060
201406 0.010 99.473 0.013
201409 -0.055 99.394 -0.069
201412 -0.071 98.367 -0.091
201503 0.009 99.789 0.011
201506 0.004 100.500 0.005
201509 0.016 100.421 0.020
201512 -0.025 99.947 -0.031
201603 -0.008 101.054 -0.010
201606 -0.003 102.002 -0.004
201609 -0.006 101.765 -0.007
201612 -0.005 101.449 -0.006
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.007 103.345 0.008
201712 -0.036 103.345 -0.044
201803 -0.035 105.004 -0.042
201806 -0.004 105.557 -0.005
201809 -0.067 105.636 -0.080
201812 -0.007 105.399 -0.008
201903 0.005 106.979 0.006
201906 0.020 107.690 0.023
201909 0.031 107.611 0.036
201912 0.035 107.769 0.041
202003 0.035 107.927 0.041
202006 0.009 108.401 0.010
202009 0.034 108.164 0.039
202012 0.019 108.559 0.022
202103 0.034 110.298 0.039
202106 0.033 111.720 0.037
202109 0.029 112.905 0.032
202112 -0.004 113.774 -0.004
202203 0.072 117.646 0.077
202206 0.090 120.806 0.093
202209 0.083 120.648 0.086
202212 0.030 120.964 0.031
202303 0.073 122.702 0.075
202306 0.054 124.203 0.055
202309 0.045 125.230 0.045
202312 0.122 125.468 0.122

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


Hemisphere Energy  (TSXV:HME) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.73/0.05
=34.60

* 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 Hemisphere Energy was 145.00. The lowest was 25.00. And the median was 61.50.


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.


Hemisphere Energy Cyclically Adjusted FCF per Share Related Terms

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


Hemisphere Energy (TSXV:HME) Business Description

Industry
Traded in Other Exchanges
Address
905 West Pender Street, Suite 501, Vancouver, BC, CAN, V6C 1L6
Hemisphere Energy Corp is a Canadian oil company focused on the sustainable growth of its high netback, low decline conventional heavy oil assets through water and polymer flood-enhanced recovery methods. It specializes in the development of conventional oil pools using enhanced oil recoveries methods such as waterflood and polymer flood to maximize production and oil recovery. The company's oil assets are in the Manville oil play in the Atlee Buffalo and Jenner areas of southeastern Alberta.

Hemisphere Energy (TSXV:HME) Headlines

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