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Helmerich & Payne (STU:HPC) Cyclically Adjusted Price-to-FCF : 16.96 (As of Apr. 27, 2024)


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What is Helmerich & Payne Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Helmerich & Payne's current share price is €37.83. Helmerich & Payne's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.23. Helmerich & Payne's Cyclically Adjusted Price-to-FCF for today is 16.96.

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

STU:HPC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.4   Med: 34.74   Max: 980.88
Current: 16.9

During the past years, Helmerich & Payne's highest Cyclically Adjusted Price-to-FCF was 980.88. The lowest was 6.40. And the median was 34.74.

STU:HPC's Cyclically Adjusted Price-to-FCF is ranked worse than
55.61% of 392 companies
in the Oil & Gas industry
Industry Median: 14.585 vs STU:HPC: 16.90

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.

Helmerich & Payne's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.236. 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 €2.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Helmerich & Payne Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Helmerich & Payne'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.

Helmerich & Payne Cyclically Adjusted Price-to-FCF Chart

Helmerich & Payne Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.71 6.70 13.49 16.26 16.48

Helmerich & Payne Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.02 14.23 16.48 15.16 17.58

Competitive Comparison of Helmerich & Payne's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Drilling subindustry, Helmerich & Payne'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.


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

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

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



Helmerich & Payne 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.

Helmerich & Payne's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.83/2.23
=16.96

* 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.

Helmerich & Payne's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Helmerich & Payne's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.236/129.4194*129.4194
=0.236

Current CPI (Mar. 2024) = 129.4194.

Helmerich & Payne Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.050 100.560 -0.064
201409 0.012 100.428 0.015
201412 0.174 99.070 0.227
201503 0.232 99.621 0.301
201506 1.063 100.684 1.366
201509 0.962 100.392 1.240
201512 1.640 99.792 2.127
201603 0.979 100.470 1.261
201606 0.690 101.688 0.878
201609 0.837 101.861 1.063
201612 -0.068 101.863 -0.086
201703 -0.149 102.862 -0.187
201706 -0.287 103.349 -0.359
201709 0.260 104.136 0.323
201712 -0.094 104.011 -0.117
201803 0.213 105.290 0.262
201806 0.254 106.317 0.309
201809 0.332 106.507 0.403
201812 0.108 105.998 0.132
201903 0.531 107.251 0.641
201906 1.430 108.070 1.713
201909 1.180 108.329 1.410
201912 0.544 108.420 0.649
202003 0.605 108.902 0.719
202006 1.545 108.767 1.838
202009 0.575 109.815 0.678
202012 -0.257 109.897 -0.303
202103 0.480 111.754 0.556
202106 0.097 114.631 0.110
202109 0.107 115.734 0.120
202112 -0.425 117.630 -0.468
202203 -0.384 121.301 -0.410
202206 0.175 125.017 0.181
202209 0.355 125.227 0.367
202212 0.795 125.222 0.822
202303 0.496 127.348 0.504
202306 1.749 128.729 1.758
202309 0.948 129.860 0.945
202312 0.353 129.419 0.353
202403 0.236 129.419 0.236

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.


Helmerich & Payne  (STU:HPC) 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.


Helmerich & Payne Cyclically Adjusted Price-to-FCF Related Terms

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


Helmerich & Payne (STU:HPC) Business Description

Industry
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small but growing presence internationally.

Helmerich & Payne (STU:HPC) Headlines

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