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MCF Energy (TSXV:MCF) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


MCF Energy Cyclically Adjusted Price-to-FCF Historical Data

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

MCF Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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MCF Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of MCF Energy's Cyclically Adjusted Price-to-FCF

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


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

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

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



MCF 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.

MCF Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MCF Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.007/125.0724*125.0724
=-0.007

Current CPI (Dec. 2023) = 125.0724.

MCF Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.114 96.945 -0.147
201403 -0.136 98.604 -0.173
201406 -0.171 99.473 -0.215
201409 -0.191 99.394 -0.240
201412 -0.085 98.367 -0.108
201503 -0.028 99.789 -0.035
201506 -0.048 100.500 -0.060
201509 -0.012 100.421 -0.015
201512 -0.013 99.947 -0.016
201603 -0.010 101.054 -0.012
201606 0.511 102.002 0.627
201609 0.146 101.765 0.179
201612 0.046 101.449 0.057
201703 0.182 102.634 0.222
201706 0.001 103.029 0.001
201709 -0.005 103.345 -0.006
201712 -0.025 103.345 -0.030
201803 -0.009 105.004 -0.011
201806 -0.028 105.557 -0.033
201809 -0.012 105.636 -0.014
201812 -0.004 105.399 -0.005
201903 0.014 106.979 0.016
201906 0.002 107.690 0.002
201909 0.002 107.611 0.002
201912 0.000 107.769 0.000
202003 0.003 107.927 0.003
202006 0.000 108.401 0.000
202009 -0.003 108.164 -0.003
202012 -0.001 108.559 -0.001
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 0.000 117.646 0.000
202206 -0.001 120.806 -0.001
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 -0.016 122.702 -0.016
202309 0.000 125.230 0.000
202312 -0.007 125.072 -0.007

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.


MCF Energy  (TSXV:MCF) 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.


MCF Energy Cyclically Adjusted Price-to-FCF Related Terms

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MCF Energy (TSXV:MCF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MCF Energy Ltd (TSXV:MCF) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.