GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ocean Thermal Energy Corp (OTCPK:CPWR) » Definitions » Cyclically Adjusted Price-to-FCF

Ocean Thermal Energy (Ocean Thermal Energy) Cyclically Adjusted Price-to-FCF : 0.16 (As of Apr. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Ocean Thermal Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Ocean Thermal Energy's current share price is $0.03. Ocean Thermal Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.19. Ocean Thermal Energy's Cyclically Adjusted Price-to-FCF for today is 0.16.

The historical rank and industry rank for Ocean Thermal Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CPWR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.17
Current: 0.15

During the past years, Ocean Thermal Energy's highest Cyclically Adjusted Price-to-FCF was 0.17. The lowest was 0.00. And the median was 0.00.

CPWR's Cyclically Adjusted Price-to-FCF is ranked better than
98.32% of 119 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.3 vs CPWR: 0.15

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.

Ocean Thermal Energy's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.001. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocean Thermal Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ocean Thermal Energy'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.

* Premium members only.

Ocean Thermal Energy Cyclically Adjusted Price-to-FCF Chart

Ocean Thermal Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.81 0.05 - 0.05

Ocean Thermal 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 Price-to-FCF 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 - 0.03 0.05 0.07 0.05

Competitive Comparison of Ocean Thermal Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Ocean Thermal 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.


Ocean Thermal Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Thermal Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ocean Thermal Energy 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.

Ocean Thermal Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.03/0.19
=0.16

* 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.

Ocean Thermal Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ocean Thermal 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)
=-0.001/129.4194*129.4194
=-0.001

Current CPI (Dec. 2023) = 129.4194.

Ocean Thermal Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.053 99.695 -0.069
201406 0.000 100.560 0.000
201409 -0.149 100.428 -0.192
201412 -0.212 99.070 -0.277
201503 -0.034 99.621 -0.044
201506 -0.184 100.684 -0.237
201509 -0.112 100.392 -0.144
201512 -0.090 99.792 -0.117
201603 -0.156 100.470 -0.201
201606 -0.009 101.688 -0.011
201609 -0.008 101.861 -0.010
201612 2.407 101.863 3.058
201703 -0.003 102.862 -0.004
201706 -0.004 103.349 -0.005
201709 -0.003 104.136 -0.004
201712 -0.003 104.011 -0.004
201803 -0.007 105.290 -0.009
201806 -0.004 106.317 -0.005
201809 -0.001 106.507 -0.001
201812 -0.001 105.998 -0.001
201903 -0.002 107.251 -0.002
201906 -0.001 108.070 -0.001
201909 -0.001 108.329 -0.001
201912 -0.001 108.420 -0.001
202003 -0.002 108.902 -0.002
202006 -0.001 108.767 -0.001
202009 -0.001 109.815 -0.001
202012 -0.002 109.897 -0.002
202103 -0.001 111.754 -0.001
202106 0.000 114.631 0.000
202109 -0.001 115.734 -0.001
202112 -0.001 117.630 -0.001
202203 -0.001 121.301 -0.001
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 -0.001 127.348 -0.001
202306 -0.001 128.729 -0.001
202309 -0.001 129.860 -0.001
202312 -0.001 129.419 -0.001

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.


Ocean Thermal Energy  (OTCPK:CPWR) 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.


Ocean Thermal Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Ocean Thermal Energy (Ocean Thermal Energy) Business Description

Traded in Other Exchanges
N/A
Address
3675 Market Street, Suite 200, Philadelphia, PA, USA, 19104
Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.
Executives
Peter H Wolfson director 342 N FARM DRIVE, LITITZ PA 17543
Antoinette R. Hempstead director 7611 S. SCENIC MAPLE DR., WEST JORDAN UT 84081
Jeremy Feakins director, 10 percent owner, officer: CEO and CFO 800 SOUTH QUEENS ST., LANCASTER PA 17603
Jpf Venture Group, Inc. 10 percent owner 800 SOUTH QUEENS STREET, LANCASTER PA 17603