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


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What is HyperDynamics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


HyperDynamics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HyperDynamics'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.

HyperDynamics Cyclically Adjusted Price-to-FCF Chart

HyperDynamics Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cyclically Adjusted Price-to-FCF
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HyperDynamics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of HyperDynamics's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, HyperDynamics'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.


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

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

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



HyperDynamics 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.

HyperDynamics's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, HyperDynamics's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=-0.373/103.3491*103.3491
=-0.373

Current CPI (Jun. 2017) = 103.3491.

HyperDynamics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200709 -0.496 87.964 -0.583
200712 -0.354 88.616 -0.413
200803 -0.290 90.090 -0.333
200806 -0.333 92.320 -0.373
200809 -0.263 92.307 -0.294
200812 -0.121 88.697 -0.141
200903 -0.065 89.744 -0.075
200906 -0.067 91.003 -0.076
200909 -0.131 91.120 -0.149
200912 -0.655 91.111 -0.743
201003 -0.749 91.821 -0.843
201006 -0.393 91.962 -0.442
201009 -0.293 92.162 -0.329
201012 -1.558 92.474 -1.741
201103 1.038 94.283 1.138
201106 -1.860 95.235 -2.018
201109 -0.231 95.727 -0.249
201112 -3.040 95.213 -3.300
201203 -2.144 96.783 -2.289
201206 -0.324 96.819 -0.346
201209 -0.159 97.633 -0.168
201212 -0.174 96.871 -0.186
201303 -0.202 98.209 -0.213
201306 -0.210 98.518 -0.220
201309 -0.158 98.790 -0.165
201312 -0.243 98.326 -0.255
201403 -0.336 99.695 -0.348
201406 -0.409 100.560 -0.420
201409 -0.381 100.428 -0.392
201412 -0.106 99.070 -0.111
201503 -0.124 99.621 -0.129
201506 -0.191 100.684 -0.196
201509 -0.125 100.392 -0.129
201512 -0.066 99.792 -0.068
201603 -0.067 100.470 -0.069
201606 -0.125 101.688 -0.127
201609 -0.172 101.861 -0.175
201612 -0.211 101.863 -0.214
201703 -0.127 102.862 -0.128
201706 -0.373 103.349 -0.373

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.


HyperDynamics  (OTCPK:HDYNQ) 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.


HyperDynamics Cyclically Adjusted Price-to-FCF Related Terms

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


HyperDynamics (HyperDynamics) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079
HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.
Executives
Fred S Zeidman director 109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
David W Wesson officer: Vice President and CFO 12012 WICKCHESTER LANE, SUITE 475, HOUSTON, TX 77079
David Owen director
Robert A Solberg director ONE SUGAR CREEK CENTER BOULEVARD, SUITE 125, SUGAR LAND TX 77478
Paul C Reinbolt officer: Executive VP and CFO 12012 WICKCHESTER LANE,, SUITE 475, HOUSTON TX 77079
Steven M Plumb other: Exiting Filer 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317

HyperDynamics (HyperDynamics) Headlines

From GuruFocus

Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 50,000 Shares

By GuruFocus Research GuruFocus Editor 12-22-2009

Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 24,000 Shares

By GuruFocus Research GuruFocus Editor 06-02-2010

Hyperdynamics Corp. (HDY) CEO Ray Leonard buys 25,000 Shares

By GuruFocus Research GuruFocus Editor 08-24-2010