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Devin Energy (TSXV:DVC.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Devin Energy Cyclically Adjusted Price-to-FCF Historical Data

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

Devin Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Devin Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Devin Energy's Cyclically Adjusted Price-to-FCF

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


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

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

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



Devin 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.

Devin Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Devin Energy's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.002/108.3294*108.3294
=-0.002

Current CPI (Sep. 2019) = 108.3294.

Devin Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 -0.002 91.111 -0.002
201003 0.000 91.821 0.000
201006 -0.003 91.962 -0.004
201009 0.000 92.162 0.000
201012 0.000 92.474 0.000
201103 0.000 94.283 0.000
201106 0.000 95.235 0.000
201109 -0.003 95.727 -0.003
201112 -0.001 95.213 -0.001
201203 0.000 96.783 0.000
201206 -0.004 96.819 -0.004
201209 0.000 97.633 0.000
201212 -0.001 96.871 -0.001
201303 -0.001 98.209 -0.001
201306 -0.001 98.518 -0.001
201309 -0.002 98.790 -0.002
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 -0.002 100.560 -0.002
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 -0.001 99.621 -0.001
201506 -0.003 100.684 -0.003
201509 0.000 100.392 0.000
201512 -0.001 99.792 -0.001
201603 0.000 100.470 0.000
201606 -0.002 101.688 -0.002
201609 -0.002 101.861 -0.002
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 -0.001 103.349 -0.001
201709 -0.002 104.136 -0.002
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 -0.002 106.507 -0.002
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 -0.001 108.070 -0.001
201909 -0.002 108.329 -0.002

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.


Devin Energy  (TSXV:DVC.H) 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.


Devin Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Devin Energy (TSXV:DVC.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
201 South Christy, Sumner, IL, USA, 62466
Devin Energy Corp is a Canada based company focused on the acquisition, exploration, and development of oil and gas properties located in the United States. The company has an interest in the Siggins Oil Mining Project-1 located in Cumberland County, Illinois, USA.

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