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Panoro Energy ASA (OSTO:PENO) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is Panoro Energy ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Panoro Energy ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panoro Energy 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.

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Panoro Energy ASA Cyclically Adjusted Price-to-FCF Chart

Panoro Energy ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Panoro Energy ASA 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 Panoro Energy ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Panoro Energy 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.


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

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

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



Panoro Energy 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.

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

For example, Panoro Energy 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)
=-0.209/132.6000*132.6000
=-0.209

Current CPI (Mar. 2024) = 132.6000.

Panoro Energy ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.774 97.500 -1.053
201409 -1.917 98.500 -2.581
201412 -3.798 98.600 -5.108
201503 -1.387 99.200 -1.854
201506 -0.087 100.100 -0.115
201509 -0.572 100.600 -0.754
201512 -0.226 100.900 -0.297
201603 -0.329 102.500 -0.426
201606 -0.594 103.800 -0.759
201609 -0.599 104.200 -0.762
201612 0.351 104.400 0.446
201703 -0.612 105.000 -0.773
201706 -0.736 105.800 -0.922
201709 -0.247 105.900 -0.309
201712 -0.724 106.100 -0.905
201803 -0.494 107.300 -0.610
201806 -1.400 108.500 -1.711
201809 -1.212 109.500 -1.468
201812 -1.054 109.800 -1.273
201903 -0.397 110.400 -0.477
201906 1.300 110.600 1.559
201909 -0.463 111.100 -0.553
201912 -0.517 111.300 -0.616
202003 -0.739 111.200 -0.881
202006 -0.796 112.100 -0.942
202009 -0.425 112.900 -0.499
202012 0.559 112.900 0.657
202103 -0.073 114.600 -0.084
202106 4.096 115.300 4.711
202109 -2.994 117.500 -3.379
202112 -11.207 118.900 -12.498
202203 1.313 119.800 1.453
202206 -2.432 122.600 -2.630
202209 4.499 125.600 4.750
202212 0.822 125.900 0.866
202303 2.621 127.600 2.724
202306 -3.220 130.400 -3.274
202309 3.640 129.800 3.719
202312 -1.835 131.900 -1.845
202403 -0.209 132.600 -0.209

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.


Panoro Energy ASA  (OSTO:PENO) 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.


Panoro Energy ASA Cyclically Adjusted Price-to-FCF Related Terms

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Panoro Energy ASA (OSTO:PENO) Business Description

Industry
Traded in Other Exchanges
Address
c/o Advokatfirma Schjodt AS, Tordenskiolds gate 12, P.O. Box 2444, Solli, Oslo, NOR, 0201
Panoro Energy ASA is a Norway based exploration and production company principally engaged in the exploration of oil and gas. The Group has four reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia and South Africa.

Panoro Energy ASA (OSTO:PENO) Headlines

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