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Independent Petroleum Group KSCP (KUW:IPG) Cyclically Adjusted FCF per Share : KWD0.01 (As of Mar. 2024)


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What is Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP's adjusted free cash flow per share for the three months ended in Mar. 2024 was KWD-0.322. 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 KWD0.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Independent Petroleum Group KSCP's average Cyclically Adjusted FCF Growth Rate was -92.90% 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.

As of today (2024-06-10), Independent Petroleum Group KSCP's current stock price is KWD0.49. Independent Petroleum Group KSCP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was KWD0.01. Independent Petroleum Group KSCP's Cyclically Adjusted Price-to-FCF of today is 49.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Independent Petroleum Group KSCP was 77.57. The lowest was 3.00. And the median was 6.43.


Independent Petroleum Group KSCP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Cyclically Adjusted FCF per Share Chart

Independent Petroleum Group KSCP 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 - - - 0.08 0.01

Independent Petroleum Group KSCP 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 0.14 0.09 0.07 0.01 0.01

Competitive Comparison of Independent Petroleum Group KSCP's Cyclically Adjusted FCF per Share

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Cyclically Adjusted Price-to-FCF falls into.



Independent Petroleum Group KSCP 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, Independent Petroleum Group KSCP'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)
=-0.322/131.7762*131.7762
=-0.322

Current CPI (Mar. 2024) = 131.7762.

Independent Petroleum Group KSCP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.062 100.560 0.081
201409 0.077 100.428 0.101
201412 0.061 99.070 0.081
201503 0.109 99.621 0.144
201506 0.151 100.684 0.198
201509 -0.165 100.392 -0.217
201512 -0.024 99.792 -0.032
201603 -0.187 100.470 -0.245
201606 0.270 101.688 0.350
201609 0.000 101.861 0.000
201612 -0.071 101.863 -0.092
201703 0.168 102.862 0.215
201706 -0.126 103.349 -0.161
201709 -0.026 104.136 -0.033
201712 0.201 104.011 0.255
201803 -0.059 105.290 -0.074
201806 0.001 106.317 0.001
201809 -0.006 106.507 -0.007
201812 -0.040 105.998 -0.050
201903 0.117 107.251 0.144
201906 -0.224 108.070 -0.273
201909 0.162 108.329 0.197
201912 -0.072 108.420 -0.088
202003 -0.057 108.902 -0.069
202006 0.118 108.767 0.143
202009 -0.102 109.815 -0.122
202012 0.017 109.897 0.020
202103 0.045 111.754 0.053
202106 -0.136 114.631 -0.156
202109 0.055 115.734 0.063
202112 -0.022 117.630 -0.025
202203 -0.387 121.301 -0.420
202206 -0.469 125.017 -0.494
202209 0.523 125.227 0.550
202212 0.418 125.222 0.440
202303 -0.043 127.348 -0.044
202306 0.033 128.729 0.034
202309 -0.059 129.860 -0.060
202312 -0.023 129.419 -0.023
202403 -0.322 131.776 -0.322

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


Independent Petroleum Group KSCP  (KUW:IPG) 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.

Independent Petroleum Group KSCP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.49/0.01
=49.00

* 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 Independent Petroleum Group KSCP was 77.57. The lowest was 3.00. And the median was 6.43.


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.


Independent Petroleum Group KSCP Cyclically Adjusted FCF per Share Related Terms

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


Independent Petroleum Group KSCP (KUW:IPG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.