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Tamarack Valley Energy (TSX:TVE) Cyclically Adjusted FCF per Share : C$-1.10 (As of Mar. 2024)


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What is Tamarack Valley Energy 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.

Tamarack Valley Energy's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.064. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-1.10 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.50% 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 Tamarack Valley Energy was 17.60% per year. The lowest was -0.60% per year. And the median was 6.15% per year.

As of today (2024-05-26), Tamarack Valley Energy's current stock price is C$3.54. Tamarack Valley Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-1.10. Tamarack Valley Energy's Cyclically Adjusted Price-to-FCF of today is .


Tamarack Valley Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tamarack Valley Energy'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.

Tamarack Valley Energy Cyclically Adjusted FCF per Share Chart

Tamarack Valley Energy 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 -1.19 -1.10 -1.10 -1.19 -1.12

Tamarack Valley Energy 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 -1.21 -1.18 -1.18 -1.12 -1.10

Competitive Comparison of Tamarack Valley Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Tamarack Valley 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.


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

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

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



Tamarack Valley Energy 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, Tamarack Valley 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)
=0.064/126.2576*126.2576
=0.064

Current CPI (Mar. 2024) = 126.2576.

Tamarack Valley Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.463 99.473 -0.588
201409 -2.884 99.394 -3.663
201412 -0.405 98.367 -0.520
201503 0.129 99.789 0.163
201506 -0.711 100.500 -0.893
201509 -0.117 100.421 -0.147
201512 0.026 99.947 0.033
201603 -0.026 101.054 -0.032
201606 0.037 102.002 0.046
201609 -0.638 101.765 -0.792
201612 0.022 101.449 0.027
201703 -0.656 102.634 -0.807
201706 0.062 103.029 0.076
201709 -0.185 103.345 -0.226
201712 0.034 103.345 0.042
201803 -0.052 105.004 -0.063
201806 0.051 105.557 0.061
201809 -0.066 105.636 -0.079
201812 0.099 105.399 0.119
201903 -0.107 106.979 -0.126
201906 0.128 107.690 0.150
201909 -0.091 107.611 -0.107
201912 0.185 107.769 0.217
202003 -0.124 107.927 -0.145
202006 0.099 108.401 0.115
202009 0.075 108.164 0.088
202012 -0.371 108.559 -0.431
202103 -0.555 110.298 -0.635
202106 -0.731 111.720 -0.826
202109 0.074 112.905 0.083
202112 -0.923 113.774 -1.024
202203 -0.214 117.646 -0.230
202206 0.118 120.806 0.123
202209 0.297 120.648 0.311
202212 -1.525 120.964 -1.592
202303 -0.158 122.702 -0.163
202306 0.050 124.203 0.051
202309 0.138 125.230 0.139
202312 0.131 125.072 0.132
202403 0.064 126.258 0.064

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


Tamarack Valley Energy  (TSX:TVE) 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.


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.


Tamarack Valley Energy Cyclically Adjusted FCF per Share Related Terms

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


Tamarack Valley Energy (TSX:TVE) Business Description

Industry
Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.
Executives
Christine Ezinga Senior Officer

Tamarack Valley Energy (TSX:TVE) Headlines

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