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DNO ASA (DNO ASA) Cyclically Adjusted Price-to-FCF : 7.47 (As of Jun. 10, 2024)


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What is DNO ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), DNO ASA's current share price is $1.12. DNO ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.15. DNO ASA's Cyclically Adjusted Price-to-FCF for today is 7.47.

The historical rank and industry rank for DNO ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DTNOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.8   Med: 16.54   Max: 408.33
Current: 6.97

During the past years, DNO ASA's highest Cyclically Adjusted Price-to-FCF was 408.33. The lowest was 5.80. And the median was 16.54.

DTNOF's Cyclically Adjusted Price-to-FCF is ranked better than
75.13% of 398 companies
in the Oil & Gas industry
Industry Median: 13.375 vs DTNOF: 6.97

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.

DNO ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.041. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DNO ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DNO ASA'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.

* Premium members only.

DNO ASA Cyclically Adjusted Price-to-FCF Chart

DNO ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.86 13.89 12.03 7.62 6.55

DNO ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 6.46 6.30 7.10 6.55 6.15

Competitive Comparison of DNO ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



DNO ASA 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.

DNO ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.12/0.15
=7.47

* 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.

DNO ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DNO ASA'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)
=0.041/132.6000*132.6000
=0.041

Current CPI (Mar. 2024) = 132.6000.

DNO ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.037 97.500 -0.050
201409 -0.027 98.500 -0.036
201412 -0.052 98.600 -0.070
201503 -0.027 99.200 -0.036
201506 -0.065 100.100 -0.086
201509 -0.022 100.600 -0.029
201512 -0.007 100.900 -0.009
201603 0.024 102.500 0.031
201606 -0.014 103.800 -0.018
201609 0.016 104.200 0.020
201612 -0.004 104.400 -0.005
201703 0.097 105.000 0.122
201706 0.026 105.800 0.033
201709 0.008 105.900 0.010
201712 0.060 106.100 0.075
201803 0.080 107.300 0.099
201806 0.050 108.500 0.061
201809 0.081 109.500 0.098
201812 0.116 109.800 0.140
201903 -0.040 110.400 -0.048
201906 -0.039 110.600 -0.047
201909 0.097 111.100 0.116
201912 -0.055 111.300 -0.066
202003 -0.019 111.200 -0.023
202006 0.008 112.100 0.009
202009 -0.019 112.900 -0.022
202012 0.215 112.900 0.253
202103 0.013 114.600 0.015
202106 0.115 115.300 0.132
202109 0.084 117.500 0.095
202112 0.247 118.900 0.275
202203 0.169 119.800 0.187
202206 0.191 122.600 0.207
202209 0.178 125.600 0.188
202212 0.153 125.900 0.161
202303 0.033 127.600 0.034
202306 -0.145 130.400 -0.147
202309 -0.013 129.800 -0.013
202312 0.033 131.900 0.033
202403 0.041 132.600 0.041

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.


DNO ASA  (OTCPK:DTNOF) 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.


DNO ASA Cyclically Adjusted Price-to-FCF Related Terms

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DNO ASA (DNO ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OTCPK:DTNOF) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

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