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PHX Minerals (PHX Minerals) Cyclically Adjusted Price-to-FCF : 9.85 (As of Jun. 10, 2024)


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What is PHX Minerals Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), PHX Minerals's current share price is $3.25. PHX Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.33. PHX Minerals's Cyclically Adjusted Price-to-FCF for today is 9.85.

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

PHX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.24   Med: 33.58   Max: 132.17
Current: 9.95

During the past years, PHX Minerals's highest Cyclically Adjusted Price-to-FCF was 132.17. The lowest was 3.24. And the median was 33.58.

PHX's Cyclically Adjusted Price-to-FCF is ranked better than
63.32% of 398 companies
in the Oil & Gas industry
Industry Median: 13.375 vs PHX: 9.95

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.

PHX Minerals's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.106. 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 $0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PHX Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PHX Minerals'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.

PHX Minerals Cyclically Adjusted Price-to-FCF Chart

PHX Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.82 3.13 7.62 7.49 9.85

PHX Minerals 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 6.48 7.54 10.50 9.85 10.44

Competitive Comparison of PHX Minerals's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, PHX Minerals'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.


PHX Minerals's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



PHX Minerals 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.

PHX Minerals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.25/0.33
=9.85

* 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.

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

For example, PHX Minerals'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)
=0.106/131.7762*131.7762
=0.106

Current CPI (Mar. 2024) = 131.7762.

PHX Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.341 100.560 0.447
201409 0.244 100.428 0.320
201412 0.017 99.070 0.023
201503 0.459 99.621 0.607
201506 0.356 100.684 0.466
201509 0.176 100.392 0.231
201512 0.547 99.792 0.722
201603 0.130 100.470 0.171
201606 0.361 101.688 0.468
201609 0.083 101.861 0.107
201612 0.091 101.863 0.118
201703 0.007 102.862 0.009
201706 -0.319 103.349 -0.407
201709 -0.077 104.136 -0.097
201712 0.131 104.011 0.166
201803 0.394 105.290 0.493
201806 0.246 106.317 0.305
201809 -0.507 106.507 -0.627
201812 0.128 105.998 0.159
201903 0.056 107.251 0.069
201906 0.168 108.070 0.205
201909 0.350 108.329 0.426
201912 -0.495 108.420 -0.602
202003 0.236 108.902 0.286
202006 0.218 108.767 0.264
202009 0.059 109.815 0.071
202012 -0.334 109.897 -0.400
202103 0.170 111.754 0.200
202106 -0.216 114.631 -0.248
202109 -0.252 115.734 -0.287
202112 -0.097 117.630 -0.109
202203 -0.060 121.301 -0.065
202206 -0.018 125.017 -0.019
202209 -0.018 125.227 -0.019
202212 -0.122 125.222 -0.128
202303 -0.042 127.348 -0.043
202306 0.088 128.729 0.090
202309 -0.179 129.860 -0.182
202312 -0.028 129.419 -0.029
202403 0.106 131.776 0.106

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.


PHX Minerals  (NYSE:PHX) 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.


PHX Minerals Cyclically Adjusted Price-to-FCF Related Terms

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


PHX Minerals (PHX Minerals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PHX Minerals Inc (NYSE:PHX) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1320 South University Drive, Suite 720, Fort Worth, TX, USA, 76107
PHX Minerals, previously Panhandle Oil & Gas, is an oil and natural gas mineral company that has employed a strategy to shift the core of its business away from drilling and toward perpetual mineral and natural gas ownership. The company owns substantial mineral acreage, principally in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas, but still maintains legacy interests in natural gas and oil properties that have retired operations. The sale of natural gas, natural gas liquids, and oil continues to be the primary source of the company's revenue.
Executives
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Chad True officer: Principal Accounting Officer 2113 NW 59TH PLACE, OKLAHOMA CITY OK 73112
Raphael D'amico officer: VP - Business Development 5400 NORTH GRAND BOULEVARD, SUITE 300, OKLAHOMA CITY OK 73112
Chad L Stephens director 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Srp Capital Advisors, Llc 10 percent owner 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Steven L Packebush director 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116-2238
Peter B Delaney director P.O. BOX 321, OKLAHOMA CITY OK 73101
Christopher T. Fraser director 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Glen A Brown director P.O. BOX 268836, OKLAHOMA CITY OK 73126
William T Fennebresque 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Srpo-ii Manager, Lp 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Cwep-srpoii Investments, Llc other: See Explanation of Responses 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Palmetto Investment Partners, Llc other: See Explanation of Responses 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Palmetto Investment Partners Ii, Llc 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Ryan A Turner 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219