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McCoy Global (TSX:MCB) Cyclically Adjusted FCF per Share : C$-0.04 (As of Mar. 2024)


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What is McCoy Global 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.

McCoy Global's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.199. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, McCoy Global's average Cyclically Adjusted FCF Growth Rate was -500.00% 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 McCoy Global was 40.60% per year. The lowest was -55.00% per year. And the median was -7.80% per year.

As of today (2024-06-06), McCoy Global's current stock price is C$1.88. McCoy Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.04. McCoy Global's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of McCoy Global was 160.00. The lowest was 6.80. And the median was 14.57.


McCoy Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Cyclically Adjusted FCF per Share Chart

McCoy Global 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 0.05 0.01 -0.06 -0.03 -0.04

McCoy Global 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 0.01 -0.03 -0.06 -0.04 -0.04

Competitive Comparison of McCoy Global's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


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

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

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



McCoy Global 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, McCoy Global'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)
=-0.199/126.2576*126.2576
=-0.199

Current CPI (Mar. 2024) = 126.2576.

McCoy Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.119 99.473 0.151
201409 0.011 99.394 0.014
201412 0.022 98.367 0.028
201503 0.051 99.789 0.065
201506 -0.332 100.500 -0.417
201509 0.136 100.421 0.171
201512 0.106 99.947 0.134
201603 -0.200 101.054 -0.250
201606 -0.065 102.002 -0.080
201609 -0.120 101.765 -0.149
201612 0.093 101.449 0.116
201703 0.034 102.634 0.042
201706 -0.122 103.029 -0.150
201709 -0.093 103.345 -0.114
201712 0.071 103.345 0.087
201803 -0.006 105.004 -0.007
201806 -0.182 105.557 -0.218
201809 0.016 105.636 0.019
201812 -0.060 105.399 -0.072
201903 -0.018 106.979 -0.021
201906 0.009 107.690 0.011
201909 -0.010 107.611 -0.012
201912 0.139 107.769 0.163
202003 0.013 107.927 0.015
202006 -0.007 108.401 -0.008
202009 0.009 108.164 0.011
202012 0.167 108.559 0.194
202103 -0.030 110.298 -0.034
202106 -0.080 111.720 -0.090
202109 0.041 112.905 0.046
202112 -0.019 113.774 -0.021
202203 -0.042 117.646 -0.045
202206 -0.103 120.806 -0.108
202209 0.022 120.648 0.023
202212 0.172 120.964 0.180
202303 0.091 122.702 0.094
202306 -0.172 124.203 -0.175
202309 0.080 125.230 0.081
202312 0.086 125.072 0.087
202403 -0.199 126.258 -0.199

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


McCoy Global  (TSX:MCB) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of McCoy Global was 160.00. The lowest was 6.80. And the median was 14.57.


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.


McCoy Global Cyclically Adjusted FCF per Share Related Terms

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


McCoy Global (TSX:MCB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McCoy Global Inc (TSX:MCB) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.
Executives
Cannell Capital Llc 10% Security Holder

McCoy Global (TSX:MCB) Headlines

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