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Cardinal Energy (TSX:CJ) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Energy Cyclically Adjusted Price-to-FCF Historical Data

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

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

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


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

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

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



Cardinal 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.

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

For example, Cardinal Energy'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)
=-0.06/126.2576*126.2576
=-0.060

Current CPI (Mar. 2024) = 126.2576.

Cardinal Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.432 99.473 0.548
201409 0.310 99.394 0.394
201412 -7.079 98.367 -9.086
201503 0.362 99.789 0.458
201506 0.174 100.500 0.219
201509 0.369 100.421 0.464
201512 -2.304 99.947 -2.911
201603 0.237 101.054 0.296
201606 -0.018 102.002 -0.022
201609 0.128 101.765 0.159
201612 -0.405 101.449 -0.504
201703 -0.132 102.634 -0.162
201706 -3.721 103.029 -4.560
201709 0.086 103.345 0.105
201712 0.085 103.345 0.104
201803 0.093 105.004 0.112
201806 0.064 105.557 0.077
201809 0.043 105.636 0.051
201812 -0.055 105.399 -0.066
201903 0.136 106.979 0.161
201906 0.159 107.690 0.186
201909 0.074 107.611 0.087
201912 0.099 107.769 0.116
202003 -0.001 107.927 -0.001
202006 -0.100 108.401 -0.116
202009 0.125 108.164 0.146
202012 0.081 108.559 0.094
202103 0.029 110.298 0.033
202106 0.079 111.720 0.089
202109 0.124 112.905 0.139
202112 0.199 113.774 0.221
202203 0.088 117.646 0.094
202206 0.604 120.806 0.631
202209 0.465 120.648 0.487
202212 0.209 120.964 0.218
202303 0.095 122.702 0.098
202306 0.193 124.203 0.196
202309 0.166 125.230 0.167
202312 0.180 125.072 0.182
202403 -0.060 126.258 -0.060

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.


Cardinal Energy  (TSX:CJ) 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.


Cardinal Energy Cyclically Adjusted Price-to-FCF Related Terms

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Cardinal Energy (TSX:CJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cardinal Energy Ltd (TSX:CJ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2
Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.
Executives
David Kelly Senior Officer