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DNO ASA (DNO ASA) Cyclically Adjusted Price-to-FCF : 6.40 (As of Apr. 28, 2024)


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What is DNO ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), DNO ASA's current share price is $9.15. DNO ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.43. DNO ASA's Cyclically Adjusted Price-to-FCF for today is 6.40.

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

DTNOY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.8   Med: 16.62   Max: 408.33
Current: 6.77

During the past years, DNO ASA's highest Cyclically Adjusted Price-to-FCF was 408.33. The lowest was 5.80. And the median was 16.62.

DTNOY's Cyclically Adjusted Price-to-FCF is ranked better than
76.79% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs DTNOY: 6.77

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.

DNO ASA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.330. 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 $1.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DNO ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DNO ASA'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.

DNO ASA Cyclically Adjusted Price-to-FCF Chart

DNO ASA 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 30.86 13.89 12.03 7.62 6.55

DNO ASA 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 7.62 6.46 6.30 7.10 6.55

Competitive Comparison of DNO ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, DNO ASA'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.


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

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

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



DNO ASA 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.

DNO ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.15/1.43
=6.40

* 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.

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

For example, DNO ASA'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)
=0.33/131.9000*131.9000
=0.330

Current CPI (Dec. 2023) = 131.9000.

DNO ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.031 97.300 0.042
201406 -0.368 97.500 -0.498
201409 -0.268 98.500 -0.359
201412 -0.523 98.600 -0.700
201503 -0.274 99.200 -0.364
201506 -0.655 100.100 -0.863
201509 -0.219 100.600 -0.287
201512 -0.066 100.900 -0.086
201603 0.242 102.500 0.311
201606 -0.142 103.800 -0.180
201609 0.159 104.200 0.201
201612 -0.045 104.400 -0.057
201703 0.974 105.000 1.224
201706 0.263 105.800 0.328
201709 0.079 105.900 0.098
201712 0.600 106.100 0.746
201803 0.797 107.300 0.980
201806 0.501 108.500 0.609
201809 0.809 109.500 0.974
201812 1.161 109.800 1.395
201903 -0.399 110.400 -0.477
201906 -0.394 110.600 -0.470
201909 0.971 111.100 1.153
201912 -0.549 111.300 -0.651
202003 -0.186 111.200 -0.221
202006 0.084 112.100 0.099
202009 -0.192 112.900 -0.224
202012 2.152 112.900 2.514
202103 0.132 114.600 0.152
202106 1.149 115.300 1.314
202109 0.843 117.500 0.946
202112 2.471 118.900 2.741
202203 1.695 119.800 1.866
202206 1.912 122.600 2.057
202209 1.782 125.600 1.871
202212 1.527 125.900 1.600
202303 0.328 127.600 0.339
202306 -1.447 130.400 -1.464
202309 -0.130 129.800 -0.132
202312 0.330 131.900 0.330

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.


DNO ASA  (OTCPK:DTNOY) 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.


DNO ASA Cyclically Adjusted Price-to-FCF Related Terms

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DNO ASA (DNO ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OTCPK:DTNOY) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

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