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Ensign Energy Services (Ensign Energy Services) Cyclically Adjusted Price-to-FCF : 2.35 (As of May. 26, 2024)


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What is Ensign Energy Services Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Ensign Energy Services's current share price is $1.665. Ensign Energy Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.71. Ensign Energy Services's Cyclically Adjusted Price-to-FCF for today is 2.35.

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

ESVIF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.41   Med: 9.2   Max: 37.26
Current: 2.38

During the past years, Ensign Energy Services's highest Cyclically Adjusted Price-to-FCF was 37.26. The lowest was 0.41. And the median was 9.20.

ESVIF's Cyclically Adjusted Price-to-FCF is ranked better than
90.61% of 394 companies
in the Oil & Gas industry
Industry Median: 13.83 vs ESVIF: 2.38

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.

Ensign Energy Services's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.157. 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 $0.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ensign Energy Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Cyclically Adjusted Price-to-FCF Chart

Ensign Energy Services 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 4.30 1.17 2.03 4.35 2.44

Ensign Energy Services 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 3.86 2.40 3.83 2.44 2.71

Competitive Comparison of Ensign Energy Services's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.


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

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

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



Ensign Energy Services 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.

Ensign Energy Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.665/0.71
=2.35

* 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.

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

For example, Ensign Energy Services'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)
=0.157/126.2576*126.2576
=0.157

Current CPI (Mar. 2024) = 126.2576.

Ensign Energy Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.316 99.473 0.401
201409 -0.420 99.394 -0.534
201412 -0.105 98.367 -0.135
201503 0.398 99.789 0.504
201506 0.377 100.500 0.474
201509 0.178 100.421 0.224
201512 0.289 99.947 0.365
201603 0.234 101.054 0.292
201606 0.272 102.002 0.337
201609 0.082 101.765 0.102
201612 0.024 101.449 0.030
201703 -0.056 102.634 -0.069
201706 -0.011 103.029 -0.013
201709 0.066 103.345 0.081
201712 0.061 103.345 0.075
201803 0.017 105.004 0.020
201806 -0.018 105.557 -0.022
201809 0.154 105.636 0.184
201812 0.193 105.399 0.231
201903 0.213 106.979 0.251
201906 0.236 107.690 0.277
201909 0.338 107.611 0.397
201912 0.482 107.769 0.565
202003 0.160 107.927 0.187
202006 0.518 108.401 0.603
202009 0.157 108.164 0.183
202012 0.061 108.559 0.071
202103 0.079 110.298 0.090
202106 0.199 111.720 0.225
202109 0.199 112.905 0.223
202112 -0.483 113.774 -0.536
202203 0.097 117.646 0.104
202206 0.204 120.806 0.213
202209 -0.010 120.648 -0.010
202212 0.353 120.964 0.368
202303 0.216 122.702 0.222
202306 0.449 124.203 0.456
202309 0.271 125.230 0.273
202312 0.339 125.072 0.342
202403 0.157 126.258 0.157

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.


Ensign Energy Services  (OTCPK:ESVIF) 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.


Ensign Energy Services Cyclically Adjusted Price-to-FCF Related Terms

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


Ensign Energy Services (Ensign Energy Services) Business Description

Industry
Traded in Other Exchanges
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.

Ensign Energy Services (Ensign Energy Services) Headlines

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