GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kelt Exploration Ltd (TSX:KEL) » Definitions » Cyclically Adjusted Price-to-FCF

Kelt Exploration (TSX:KEL) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Kelt Exploration Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kelt Exploration Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kelt Exploration'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.

Kelt Exploration Cyclically Adjusted Price-to-FCF Chart

Kelt Exploration 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 - - - - -

Kelt Exploration 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 - - - - -

Competitive Comparison of Kelt Exploration's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Kelt Exploration'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.


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

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

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



Kelt Exploration 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.

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

For example, Kelt Exploration'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)
=-0.089/126.2576*126.2576
=-0.089

Current CPI (Mar. 2024) = 126.2576.

Kelt Exploration Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.052 99.473 -0.066
201409 -0.361 99.394 -0.459
201412 -0.547 98.367 -0.702
201503 -0.507 99.789 -0.641
201506 -0.025 100.500 -0.031
201509 -0.113 100.421 -0.142
201512 -0.187 99.947 -0.236
201603 -0.146 101.054 -0.182
201606 -0.104 102.002 -0.129
201609 -0.015 101.765 -0.019
201612 -0.080 101.449 -0.100
201703 -0.236 102.634 -0.290
201706 -0.037 103.029 -0.045
201709 -0.291 103.345 -0.356
201712 -0.163 103.345 -0.199
201803 -0.213 105.004 -0.256
201806 -0.084 105.557 -0.100
201809 -0.221 105.636 -0.264
201812 -0.075 105.399 -0.090
201903 -0.293 106.979 -0.346
201906 -0.195 107.690 -0.229
201909 -0.214 107.611 -0.251
201912 -0.157 107.769 -0.184
202003 -0.229 107.927 -0.268
202006 -0.071 108.401 -0.083
202009 -0.082 108.164 -0.096
202012 -0.111 108.559 -0.129
202103 -0.015 110.298 -0.017
202106 -0.059 111.720 -0.067
202109 -0.175 112.905 -0.196
202112 -0.078 113.774 -0.087
202203 -0.094 117.646 -0.101
202206 0.013 120.806 0.014
202209 0.045 120.648 0.047
202212 -0.025 120.964 -0.026
202303 0.120 122.702 0.123
202306 0.118 124.203 0.120
202309 -0.231 125.230 -0.233
202312 -0.001 125.072 -0.001
202403 -0.089 126.258 -0.089

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.


Kelt Exploration  (TSX:KEL) 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.


Kelt Exploration Cyclically Adjusted Price-to-FCF Related Terms

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


Kelt Exploration (TSX:KEL) Business Description

Industry
Traded in Other Exchanges
Address
311 – 6th Avenue S.W, Suite 300, Calgary, AB, CAN, T2P 3H2
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.
Executives
Douglas Jeffery Errico Senior Officer

Kelt Exploration (TSX:KEL) Headlines

No Headlines