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Avance Gas Holding (Avance Gas Holding) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Avance Gas Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avance Gas Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avance Gas Holding'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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Avance Gas Holding Cyclically Adjusted Price-to-FCF Chart

Avance Gas Holding Annual Data
Trend Nov13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Avance Gas Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Avance Gas Holding's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.


Avance Gas Holding's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Avance Gas Holding's Cyclically Adjusted Price-to-FCF falls into.



Avance Gas Holding 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.

Avance Gas Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Avance Gas Holding's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.418/129.4194*129.4194
=0.418

Current CPI (Dec. 2023) = 129.4194.

Avance Gas Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201311 0.150 98.334 0.197
201402 0.259 99.057 0.338
201405 0.419 100.373 0.540
201408 0.646 100.352 0.833
201503 -2.546 99.621 -3.308
201506 -2.647 100.684 -3.402
201509 -3.912 100.392 -5.043
201512 -0.200 99.792 -0.259
201603 1.719 100.470 2.214
201606 0.214 101.688 0.272
201609 0.483 101.861 0.614
201612 0.004 101.863 0.005
201703 -0.060 102.862 -0.075
201706 0.090 103.349 0.113
201709 -0.177 104.136 -0.220
201712 -0.093 104.011 -0.116
201803 -0.149 105.290 -0.183
201806 -0.162 106.317 -0.197
201809 -0.132 106.507 -0.160
201812 0.167 105.998 0.204
201903 -0.024 107.251 -0.029
201906 0.007 108.070 0.008
201909 0.440 108.329 0.526
201912 0.745 108.420 0.889
202003 0.241 108.902 0.286
202006 0.172 108.767 0.205
202009 -0.208 109.815 -0.245
202012 -0.019 109.897 -0.022
202103 0.600 111.754 0.695
202106 -0.410 114.631 -0.463
202109 0.118 115.734 0.132
202112 -0.048 117.630 -0.053
202203 -1.083 121.301 -1.155
202206 -0.024 125.017 -0.025
202209 -0.869 125.227 -0.898
202212 0.438 125.222 0.453
202303 -0.172 127.348 -0.175
202306 -0.478 128.729 -0.481
202309 0.074 129.860 0.074
202312 0.418 129.419 0.418

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.


Avance Gas Holding  (OTCPK:AVACF) 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.


Avance Gas Holding Cyclically Adjusted Price-to-FCF Related Terms

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Avance Gas Holding (Avance Gas Holding) Business Description

Industry
Traded in Other Exchanges
Address
14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG on a global basis. It operates a fleet of vessels providing customers with global transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment that is liquefied petroleum gas.

Avance Gas Holding (Avance Gas Holding) Headlines

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