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TerraVest Industries (TSX:TVK) Cyclically Adjusted Price-to-FCF : 48.84 (As of Jun. 08, 2024)


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What is TerraVest Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), TerraVest Industries's current share price is C$74.72. TerraVest Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.53. TerraVest Industries's Cyclically Adjusted Price-to-FCF for today is 48.84.

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

TSX:TVK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.15   Med: 18.15   Max: 51.97
Current: 48.42

During the past years, TerraVest Industries's highest Cyclically Adjusted Price-to-FCF was 51.97. The lowest was 6.15. And the median was 18.15.

TSX:TVK's Cyclically Adjusted Price-to-FCF is ranked worse than
85.93% of 398 companies
in the Oil & Gas industry
Industry Median: 13.655 vs TSX:TVK: 48.42

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.

TerraVest Industries's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$1.510. 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$1.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TerraVest Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Cyclically Adjusted Price-to-FCF Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.23 15.16 22.95 23.98 31.56

TerraVest Industries 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 23.96 24.70 31.56 31.95 39.09

Competitive Comparison of TerraVest Industries's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


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

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

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



TerraVest Industries 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=74.72/1.53
=48.84

* 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.

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

For example, TerraVest Industries'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)
=1.51/126.2576*126.2576
=1.510

Current CPI (Mar. 2024) = 126.2576.

TerraVest Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.305 99.473 0.387
201409 0.051 99.394 0.065
201412 0.675 98.367 0.866
201503 0.278 99.789 0.352
201506 -0.083 100.500 -0.104
201509 0.175 100.421 0.220
201512 0.303 99.947 0.383
201603 0.750 101.054 0.937
201606 0.206 102.002 0.255
201609 -0.008 101.765 -0.010
201612 -0.189 101.449 -0.235
201703 0.233 102.634 0.287
201706 -0.289 103.029 -0.354
201709 0.281 103.345 0.343
201712 0.278 103.345 0.340
201803 -0.192 105.004 -0.231
201806 0.170 105.557 0.203
201809 -0.488 105.636 -0.583
201812 0.201 105.399 0.241
201903 -0.065 106.979 -0.077
201906 0.145 107.690 0.170
201909 0.417 107.611 0.489
201912 0.905 107.769 1.060
202003 1.417 107.927 1.658
202006 2.154 108.401 2.509
202009 0.703 108.164 0.821
202012 0.850 108.559 0.989
202103 -0.052 110.298 -0.060
202106 -0.246 111.720 -0.278
202109 -0.366 112.905 -0.409
202112 -0.405 113.774 -0.449
202203 0.237 117.646 0.254
202206 -0.119 120.806 -0.124
202209 -0.035 120.648 -0.037
202212 0.817 120.964 0.853
202303 0.656 122.702 0.675
202306 0.562 124.203 0.571
202309 0.489 125.230 0.493
202312 1.357 125.072 1.370
202403 1.510 126.258 1.510

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.


TerraVest Industries  (TSX:TVK) 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.


TerraVest Industries Cyclically Adjusted Price-to-FCF Related Terms

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


TerraVest Industries (TSX:TVK) Business Description

Industry
Traded in Other Exchanges
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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