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Avance Gas Holding (OSL:AGAS) Cyclically Adjusted Price-to-FCF : (As of May. 19, 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
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 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 Mar. 2024 is calculated as:

For example, Avance Gas Holding'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)
=8.179/131.7762*131.7762
=8.179

Current CPI (Mar. 2024) = 131.7762.

Avance Gas Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 1.585 99.057 2.109
201405 2.488 100.373 3.266
201408 4.001 100.352 5.254
201503 -20.358 99.621 -26.929
201506 -20.678 100.684 -27.064
201509 -32.409 100.392 -42.541
201512 -1.738 99.792 -2.295
201603 14.572 100.470 19.113
201606 1.781 101.688 2.308
201609 3.958 101.861 5.120
201612 0.038 101.863 0.049
201703 -0.512 102.862 -0.656
201706 0.764 103.349 0.974
201709 -1.390 104.136 -1.759
201712 -0.772 104.011 -0.978
201803 -1.154 105.290 -1.444
201806 -1.311 106.317 -1.625
201809 -1.092 106.507 -1.351
201812 1.436 105.998 1.785
201903 -0.204 107.251 -0.251
201906 0.061 108.070 0.074
201909 3.959 108.329 4.816
201912 6.723 108.420 8.171
202003 2.464 108.902 2.982
202006 1.640 108.767 1.987
202009 -1.905 109.815 -2.286
202012 -0.167 109.897 -0.200
202103 5.110 111.754 6.026
202106 -3.451 114.631 -3.967
202109 1.024 115.734 1.166
202112 -0.428 117.630 -0.479
202203 -9.565 121.301 -10.391
202206 -0.232 125.017 -0.245
202209 -8.947 125.227 -9.415
202212 4.330 125.222 4.557
202303 -1.814 127.348 -1.877
202306 -5.155 128.729 -5.277
202309 0.798 129.860 0.810
202312 4.407 129.419 4.487
202403 8.179 131.776 8.179

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  (OSL:AGAS) 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

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


Avance Gas Holding (OSL:AGAS) 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.

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