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Trican Well Service (FRA:TWZ) Cyclically Adjusted FCF per Share : €0.12 (As of Mar. 2024)


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What is Trican Well Service Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Trican Well Service's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.169. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trican Well Service's average Cyclically Adjusted FCF Growth Rate was 28.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Trican Well Service was 32.00% per year. The lowest was -33.10% per year. And the median was 0.80% per year.

As of today (2024-06-10), Trican Well Service's current stock price is €2.94. Trican Well Service's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.12. Trican Well Service's Cyclically Adjusted Price-to-FCF of today is 24.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trican Well Service was 47.45. The lowest was 21.43. And the median was 27.69.


Trican Well Service Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trican Well Service's Cyclically Adjusted FCF per Share 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.

Trican Well Service Cyclically Adjusted FCF per Share Chart

Trican Well Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.20 -0.07 0.09 0.11

Trican Well Service Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.09 0.07 0.08 0.11 0.12

Competitive Comparison of Trican Well Service's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Trican Well Service'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.


Trican Well Service's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Trican Well Service Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Trican Well Service'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)
=-0.169/126.2576*126.2576
=-0.169

Current CPI (Mar. 2024) = 126.2576.

Trican Well Service Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.173 99.473 0.220
201409 -0.054 99.394 -0.069
201412 -0.071 98.367 -0.091
201503 0.463 99.789 0.586
201506 0.039 100.500 0.049
201509 0.024 100.421 0.030
201512 -0.042 99.947 -0.053
201603 -0.257 101.054 -0.321
201606 0.027 102.002 0.033
201609 -0.133 101.765 -0.165
201612 -0.026 101.449 -0.032
201703 0.014 102.634 0.017
201706 0.013 103.029 0.016
201709 0.004 103.345 0.005
201712 0.176 103.345 0.215
201803 -0.031 105.004 -0.037
201806 0.059 105.557 0.071
201809 -0.041 105.636 -0.049
201812 0.068 105.399 0.081
201903 -0.018 106.979 -0.021
201906 0.125 107.690 0.147
201909 -0.109 107.611 -0.128
201912 -0.014 107.769 -0.016
202003 0.018 107.927 0.021
202006 0.133 108.401 0.155
202009 -0.056 108.164 -0.065
202012 0.048 108.559 0.056
202103 -0.013 110.298 -0.015
202106 0.087 111.720 0.098
202109 -0.005 112.905 -0.006
202112 -0.016 113.774 -0.018
202203 -0.056 117.646 -0.060
202206 0.073 120.806 0.076
202209 0.026 120.648 0.027
202212 0.103 120.964 0.108
202303 0.007 122.702 0.007
202306 0.271 124.203 0.275
202309 0.052 125.230 0.052
202312 0.202 125.072 0.204
202403 -0.169 126.258 -0.169

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Trican Well Service  (FRA:TWZ) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Trican Well Service's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.94/0.12
=24.50

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trican Well Service was 47.45. The lowest was 21.43. And the median was 27.69.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Trican Well Service Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Trican Well Service's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Trican Well Service (FRA:TWZ) Business Description

Industry
Traded in Other Exchanges
Address
2900, 645 - 7th Avenue SW, Calgary, AB, CAN, T2P 4G8
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions.

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