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NewMed Energy LP (XTAE:NWMD) Cyclically Adjusted FCF per Share : ₪0.32 (As of Dec. 2023)


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What is NewMed Energy LP 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.

NewMed Energy LP's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₪0.365. 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 ₪0.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NewMed Energy LP's average Cyclically Adjusted FCF Growth Rate was 255.60% 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.

As of today (2024-04-28), NewMed Energy LP's current stock price is ₪9.437. NewMed Energy LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪0.32. NewMed Energy LP's Cyclically Adjusted Price-to-FCF of today is 29.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NewMed Energy LP was 116.78. The lowest was 27.81. And the median was 45.58.


NewMed Energy LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NewMed Energy LP'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.

NewMed Energy LP Cyclically Adjusted FCF per Share Chart

NewMed Energy LP 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 -0.62 -0.51 -0.30 0.10 0.32

NewMed Energy LP 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 0.10 0.19 0.24 0.29 0.32

Competitive Comparison of NewMed Energy LP's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, NewMed Energy LP'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.


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

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

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



NewMed Energy LP 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, NewMed Energy LP'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)
=0.365/129.4194*129.4194
=0.365

Current CPI (Dec. 2023) = 129.4194.

NewMed Energy LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.040 99.695 0.052
201406 0.018 100.560 0.023
201409 0.132 100.428 0.170
201412 -0.112 99.070 -0.146
201503 0.118 99.621 0.153
201506 -0.055 100.684 -0.071
201509 0.339 100.392 0.437
201512 0.544 99.792 0.706
201603 0.043 100.470 0.055
201606 0.125 101.688 0.159
201609 0.316 101.861 0.401
201612 0.089 101.863 0.113
201703 0.142 102.862 0.179
201706 -0.165 103.349 -0.207
201709 -0.055 104.136 -0.068
201712 -0.294 104.011 -0.366
201803 -0.282 105.290 -0.347
201806 -0.587 106.317 -0.715
201809 -0.377 106.507 -0.458
201812 -0.339 105.998 -0.414
201903 -0.375 107.251 -0.453
201906 -0.303 108.070 -0.363
201909 -0.232 108.329 -0.277
201912 -0.251 108.420 -0.300
202003 -0.063 108.902 -0.075
202006 0.092 108.767 0.109
202009 0.184 109.815 0.217
202012 0.326 109.897 0.384
202103 0.631 111.754 0.731
202106 0.124 114.631 0.140
202109 0.525 115.734 0.587
202112 0.100 117.630 0.110
202203 0.397 121.301 0.424
202206 0.042 125.017 0.043
202209 0.517 125.227 0.534
202212 0.368 125.222 0.380
202303 0.467 127.348 0.475
202306 0.264 128.729 0.265
202309 0.284 129.860 0.283
202312 0.365 129.419 0.365

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


NewMed Energy LP  (XTAE:NWMD) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.437/0.32
=29.49

* 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 NewMed Energy LP was 116.78. The lowest was 27.81. And the median was 45.58.


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.


NewMed Energy LP Cyclically Adjusted FCF per Share Related Terms

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


NewMed Energy LP (XTAE:NWMD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NewMed Energy LP (XTAE:NWMD) » Definitions » Cyclically Adjusted FCF per Share
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Address
19 Abba Even Boulevard, Hertzliya Pituach, Hertzliya, ISR, 4672537
NewMed Energy LP is engaged in the exploration, development, and production of oil, condensate, and natural gas. It mainly markets fuel products across Israel and holds interests in several significant gas findings in the Mediterranean Sea region, which include, the Tamar finding, Leviathan finding, and Aphrodite finding in Cyprus.

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