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SFL (STU:UG6) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is SFL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SFL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SFL'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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SFL Cyclically Adjusted Price-to-FCF Chart

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

For the Marine Shipping subindustry, SFL'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.


SFL's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SFL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SFL 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.

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

For example, SFL'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)
=-0.198/131.7762*131.7762
=-0.198

Current CPI (Mar. 2024) = 131.7762.

SFL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.677 100.560 -0.887
201409 -0.500 100.428 -0.656
201412 -0.325 99.070 -0.432
201503 -0.185 99.621 -0.245
201506 -0.052 100.684 -0.068
201509 -1.527 100.392 -2.004
201512 -0.051 99.792 -0.067
201603 -0.298 100.470 -0.391
201606 -0.121 101.688 -0.157
201609 0.370 101.861 0.479
201612 0.450 101.863 0.582
201703 0.270 102.862 0.346
201706 0.518 103.349 0.660
201709 -0.216 104.136 -0.273
201712 0.371 104.011 0.470
201803 0.386 105.290 0.483
201806 -3.808 106.317 -4.720
201809 -0.928 106.507 -1.148
201812 -2.952 105.998 -3.670
201903 0.388 107.251 0.477
201906 0.449 108.070 0.547
201909 0.417 108.329 0.507
201912 0.402 108.420 0.489
202003 0.430 108.902 0.520
202006 -0.280 108.767 -0.339
202009 0.490 109.815 0.588
202012 0.541 109.897 0.649
202103 0.398 111.754 0.469
202106 0.305 114.631 0.351
202109 -1.821 115.734 -2.073
202112 -0.386 117.630 -0.432
202203 -0.859 121.301 -0.933
202206 0.575 125.017 0.606
202209 -0.729 125.227 -0.767
202212 -0.824 125.222 -0.867
202303 0.420 127.348 0.435
202306 0.281 128.729 0.288
202309 -0.230 129.860 -0.233
202312 0.126 129.419 0.128
202403 -0.198 131.776 -0.198

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.


SFL  (STU:UG6) 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.


SFL Cyclically Adjusted Price-to-FCF Related Terms

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


SFL (STU:UG6) Business Description

Industry
Traded in Other Exchanges
Address
14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08
SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels.

SFL (STU:UG6) Headlines

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