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Linc Energy (ASX:LNC) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Linc Energy Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linc Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Linc Energy's Cyclically Adjusted Price-to-FCF 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.

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Linc Energy Cyclically Adjusted Price-to-FCF Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted Price-to-FCF
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Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of Linc Energy's Cyclically Adjusted Price-to-FCF

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


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

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

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



Linc Energy Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Linc Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Linc Energy's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=-0.34/99.8375*99.8375
=-0.340

Current CPI (Jun15) = 99.8375.

Linc Energy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200606 -0.008 79.777 -0.010
200706 -0.035 81.449 -0.043
200806 -0.084 85.071 -0.099
200906 -0.133 86.278 -0.154
201006 -0.137 88.971 -0.154
201106 -0.312 92.129 -0.338
201206 -0.908 93.244 -0.972
201306 -0.377 95.473 -0.394
201406 -0.433 98.352 -0.440
201506 -0.340 99.838 -0.340

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


Linc Energy  (ASX:LNC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Linc Energy Cyclically Adjusted Price-to-FCF Related Terms

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Linc Energy (ASX:LNC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.