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Enerflex (TSX:EFX) Cyclically Adjusted Price-to-FCF : 16.95 (As of Jun. 08, 2024)


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What is Enerflex Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Enerflex's current share price is C$6.78. Enerflex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.40. Enerflex's Cyclically Adjusted Price-to-FCF for today is 16.95.

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

TSX:EFX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.81   Med: 17.45   Max: 32.58
Current: 16.69

During the past years, Enerflex's highest Cyclically Adjusted Price-to-FCF was 32.58. The lowest was 9.81. And the median was 17.45.

TSX:EFX's Cyclically Adjusted Price-to-FCF is ranked worse than
56.78% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs TSX:EFX: 16.69

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.

Enerflex's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.917. 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 C$0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enerflex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enerflex'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.

Enerflex Cyclically Adjusted Price-to-FCF Chart

Enerflex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.58 14.42 15.40 27.57 16.80

Enerflex 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 28.30 25.84 23.44 16.80 19.66

Competitive Comparison of Enerflex's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Enerflex'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.


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

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

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



Enerflex 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.78/0.4
=16.95

* 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.

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

For example, Enerflex'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)
=0.917/126.2576*126.2576
=0.917

Current CPI (Mar. 2024) = 126.2576.

Enerflex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.566 99.473 0.718
201409 -0.629 99.394 -0.799
201412 -0.177 98.367 -0.227
201503 -0.714 99.789 -0.903
201506 -0.133 100.500 -0.167
201509 -0.455 100.421 -0.572
201512 0.398 99.947 0.503
201603 0.508 101.054 0.635
201606 0.136 102.002 0.168
201609 0.216 101.765 0.268
201612 -0.002 101.449 -0.002
201703 -0.009 102.634 -0.011
201706 0.733 103.029 0.898
201709 0.946 103.345 1.156
201712 -0.328 103.345 -0.401
201803 0.049 105.004 0.059
201806 0.671 105.557 0.803
201809 0.055 105.636 0.066
201812 0.419 105.399 0.502
201903 0.930 106.979 1.098
201906 -1.031 107.690 -1.209
201909 -0.378 107.611 -0.443
201912 -1.885 107.769 -2.208
202003 -0.634 107.927 -0.742
202006 0.361 108.401 0.420
202009 0.786 108.164 0.917
202012 0.476 108.559 0.554
202103 0.525 110.298 0.601
202106 -0.018 111.720 -0.020
202109 0.011 112.905 0.012
202112 1.183 113.774 1.313
202203 -0.296 117.646 -0.318
202206 0.076 120.806 0.079
202209 0.100 120.648 0.105
202212 -0.723 120.964 -0.755
202303 -0.541 122.702 -0.557
202306 -0.317 124.203 -0.322
202309 0.362 125.230 0.365
202312 1.495 125.072 1.509
202403 0.917 126.258 0.917

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.


Enerflex  (TSX:EFX) 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.


Enerflex Cyclically Adjusted Price-to-FCF Related Terms

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


Enerflex (TSX:EFX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (TSX:EFX) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.
Executives
Joanne Linette Cox Director