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Terrace Energy (TSXV:TZR.H) Cyclically Adjusted FCF per Share : C$-6.09 (As of Jan. 2024)


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What is Terrace 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.

Terrace Energy's adjusted free cash flow per share for the three months ended in Jan. 2024 was C$-0.008. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-6.09 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Terrace Energy was 18.90% per year. The lowest was -3.20% per year. And the median was -1.40% per year.

As of today (2024-06-10), Terrace Energy's current stock price is C$0.045. Terrace Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was C$-6.09. Terrace Energy's Cyclically Adjusted Price-to-FCF of today is .


Terrace Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Terrace 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.

Terrace Energy Cyclically Adjusted FCF per Share Chart

Terrace Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.23 -11.41 -12.07 - -6.09

Terrace Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - -10.65 -9.62 -6.69 -6.09

Competitive Comparison of Terrace Energy's Cyclically Adjusted FCF per Share

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


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

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

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



Terrace 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, Terrace Energy's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.008/130.1244*130.1244
=-0.008

Current CPI (Jan. 2024) = 130.1244.

Terrace Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.899 100.023 1.170
201407 -0.837 100.520 -1.084
201410 -19.312 100.176 -25.086
201501 -11.292 98.604 -14.902
201504 -4.751 99.824 -6.193
201507 -1.781 100.691 -2.302
201510 -3.177 100.346 -4.120
201601 -0.206 99.957 -0.268
201604 -2.059 100.947 -2.654
201607 -1.134 101.524 -1.453
201610 -0.295 101.988 -0.376
201701 0.387 102.456 0.492
201704 -0.466 103.167 -0.588
201707 -0.471 103.278 -0.593
201710 -0.307 104.070 -0.384
201801 -0.341 104.578 -0.424
201804 -0.383 105.708 -0.471
201807 -0.295 106.324 -0.361
201810 1.361 106.695 1.660
201901 -0.125 106.200 -0.153
201904 -0.135 107.818 -0.163
201907 -0.088 108.250 -0.106
201910 -0.104 108.577 -0.125
202001 -0.139 108.841 -0.166
202004 -0.081 108.173 -0.097
202007 -0.064 109.318 -0.076
202010 -0.028 109.861 -0.033
202101 -0.314 110.364 -0.370
202104 -0.042 112.673 -0.049
202107 0.001 115.183 0.001
202110 -0.019 116.696 -0.021
202201 0.008 118.619 0.009
202204 -0.010 121.978 -0.011
202207 -0.002 125.002 -0.002
202210 -0.044 125.734 -0.046
202301 0.000 126.223 0.000
202304 -0.002 127.992 -0.002
202307 -0.006 128.974 -0.006
202310 0.003 129.810 0.003
202401 -0.008 130.124 -0.008

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


Terrace Energy  (TSXV:TZR.H) 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.


Terrace Energy Cyclically Adjusted FCF per Share Related Terms

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


Terrace Energy (TSXV:TZR.H) Business Description

Industry
Traded in Other Exchanges
Address
1424 Commercial Drive, PO Box 21546, Vancouver, BC, CAN, V5L 5G2
Terrace Energy Corp is an oil and gas company. It is engaged in acquiring, exploring, and developing unconventional onshore oil and gas properties in the United States. The group holds an interest in the Maverick County Project.

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