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Surge Energy (Surge Energy) Cyclically Adjusted Price-to-FCF : 10.45 (As of May. 16, 2024)


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What is Surge Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Surge Energy's current share price is $5.1215. Surge Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.49. Surge Energy's Cyclically Adjusted Price-to-FCF for today is 10.45.

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

ZPTAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.8   Med: 12.7   Max: 27.77
Current: 10.38

During the past years, Surge Energy's highest Cyclically Adjusted Price-to-FCF was 27.77. The lowest was 8.80. And the median was 12.70.

ZPTAF's Cyclically Adjusted Price-to-FCF is ranked better than
61.62% of 396 companies
in the Oil & Gas industry
Industry Median: 14.195 vs ZPTAF: 10.38

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.

Surge Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.128. 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 $0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surge Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Surge 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.

Surge Energy Cyclically Adjusted Price-to-FCF Chart

Surge Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.21

Surge Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 26.21 14.93 11.13 13.40 11.60

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

For the Oil & Gas E&P subindustry, Surge 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.


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

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

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



Surge 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.1215/0.49
=10.45

* 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.

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

For example, Surge Energy'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)
=0.128/126.2576*126.2576
=0.128

Current CPI (Mar. 2024) = 126.2576.

Surge Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.120 98.604 -0.154
201406 0.980 99.473 1.244
201409 1.422 99.394 1.806
201412 -0.122 98.367 -0.157
201503 0.858 99.789 1.086
201506 0.368 100.500 0.462
201509 -0.236 100.421 -0.297
201512 -0.027 99.947 -0.034
201603 -0.218 101.054 -0.272
201606 -0.039 102.002 -0.048
201609 -0.074 101.765 -0.092
201612 -0.207 101.449 -0.258
201703 -0.505 102.634 -0.621
201706 0.266 103.029 0.326
201709 -0.063 103.345 -0.077
201712 0.169 103.345 0.206
201803 -0.302 105.004 -0.363
201806 0.285 105.557 0.341
201809 0.235 105.636 0.281
201812 -0.149 105.399 -0.178
201903 -0.254 106.979 -0.300
201906 0.420 107.690 0.492
201909 0.363 107.611 0.426
201912 0.074 107.769 0.087
202003 0.195 107.927 0.228
202006 -0.010 108.401 -0.012
202009 0.240 108.164 0.280
202012 -0.064 108.559 -0.074
202103 -0.325 110.298 -0.372
202106 -0.135 111.720 -0.153
202109 -0.103 112.905 -0.115
202112 0.271 113.774 0.301
202203 0.087 117.646 0.093
202206 0.352 120.806 0.368
202209 0.234 120.648 0.245
202212 0.255 120.964 0.266
202303 0.065 122.702 0.067
202306 0.223 124.203 0.227
202309 0.200 125.230 0.202
202403 0.128 126.258 0.128

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.


Surge Energy  (OTCPK:ZPTAF) 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.


Surge Energy Cyclically Adjusted Price-to-FCF Related Terms

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Surge Energy (Surge Energy) Business Description

Industry
Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Surge Energy (Surge Energy) Headlines

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