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JX Energy (HKSE:03395) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


JX Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JX 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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JX Energy Cyclically Adjusted Price-to-FCF Chart

JX Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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JX Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of JX Energy's Cyclically Adjusted Price-to-FCF

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


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

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

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



JX 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.

JX Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, JX Energy's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.004/125.0724*125.0724
=0.004

Current CPI (Dec23) = 125.0724.

JX Energy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.079 98.367 -0.100
201512 0.000 99.947 0.000
201612 0.137 101.449 0.169
201712 -0.482 103.345 -0.583
201812 -0.093 105.399 -0.110
201912 -0.099 107.769 -0.115
202012 -0.095 108.559 -0.109
202112 -0.044 113.774 -0.048
202212 0.021 120.964 0.022
202312 0.004 125.072 0.004

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.


JX Energy  (HKSE:03395) 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.


JX Energy Cyclically Adjusted Price-to-FCF Related Terms

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JX Energy (HKSE:03395) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » JX Energy Ltd (HKSE:03395) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
717-7th Avenue South West, Suite 900, Calgary, AB, CAN, T2P 0Z3
JX Energy Ltd formerly Persta Resources Inc is a Canada-based oil and gas exploration development company pursuing petroleum and natural gas production. It focuses on liquids-rich gas and light crude oil in Western Canada with two core areas comprising: Alberta Foothills which includes natural gas properties in the two areas of Basing and Voyager, and Peace River, which includes light crude oil properties in the key areas of Dawson.
Executives
Liu Yongtan
Zhang Lijun
Aspen Investment Holdings Ltd.
Jing Guang
Jing Yuan
Zhang Zhong
Zhang Chun Shi Ji Xing Che Yong Qi You Xian Gong Si
Ji Lin Sheng Hong Yuan Jing Mao Ji Tuan You Xian Gong Si
Zhang Chun Shi Li Yuan Tou Zi You Xian Gong Si
Da Lian Yong Li Shi You Hua Gong You Xian Gong Si
Jixing Gas Holdings Limited 2101 Beneficial owner

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