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Vantage Drilling International (Vantage Drilling International) Cyclically Adjusted Price-to-FCF : 2.09 (As of May. 19, 2024)


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What is Vantage Drilling International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Vantage Drilling International's current share price is $21.00. Vantage Drilling International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was $10.04. Vantage Drilling International's Cyclically Adjusted Price-to-FCF for today is 2.09.

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

VTDRF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.11   Med: 1.43   Max: 2.99
Current: 2.09

During the past years, Vantage Drilling International's highest Cyclically Adjusted Price-to-FCF was 2.99. The lowest was 0.11. And the median was 1.43.

VTDRF's Cyclically Adjusted Price-to-FCF is ranked better than
91.69% of 397 companies
in the Oil & Gas industry
Industry Median: 14 vs VTDRF: 2.09

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.

Vantage Drilling International's adjusted free cash flow per share data for the three months ended in Jun. 2023 was $0.395. 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 $10.04 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vantage Drilling International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vantage Drilling International'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.

Vantage Drilling International Cyclically Adjusted Price-to-FCF Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.34 0.64 1.48

Vantage Drilling International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.89 1.85 1.48 1.59 1.99

Competitive Comparison of Vantage Drilling International's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Drilling subindustry, Vantage Drilling International'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.


Vantage Drilling International's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Vantage Drilling International 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.

Vantage Drilling International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.00/10.04
=2.09

* 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.

Vantage Drilling International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Vantage Drilling International's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.395/128.7287*128.7287
=0.395

Current CPI (Jun. 2023) = 128.7287.

Vantage Drilling International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.450 98.209 -0.590
201306 -0.022 98.518 -0.029
201309 -1.559 98.790 -2.031
201312 0.005 98.326 0.007
201403 0.104 99.695 0.134
201406 0.260 100.560 0.333
201409 0.066 100.428 0.085
201412 0.175 99.070 0.227
201503 0.166 99.621 0.215
201506 -0.154 100.684 -0.197
201509 0.442 100.392 0.567
201512 -0.318 99.792 -0.410
201603 -4.137 100.470 -5.301
201606 0.000 101.688 0.000
201703 -0.755 102.862 -0.945
201706 -5.259 103.349 -6.550
201709 -0.389 104.136 -0.481
201712 1.984 104.011 2.455
201803 0.579 105.290 0.708
201806 0.933 106.317 1.130
201809 -0.671 106.507 -0.811
201812 -1.146 105.998 -1.392
201903 -2.574 107.251 -3.089
201906 132.426 108.070 157.741
201909 -14.324 108.329 -17.021
201912 -7.561 108.420 -8.977
202003 -2.476 108.902 -2.927
202006 -1.682 108.767 -1.991
202009 -0.700 109.815 -0.821
202012 -1.887 109.897 -2.210
202103 -1.205 111.754 -1.388
202106 -2.123 114.631 -2.384
202109 -0.309 115.734 -0.344
202112 -2.266 117.630 -2.480
202203 -1.152 121.301 -1.223
202206 -2.426 125.017 -2.498
202209 1.321 125.227 1.358
202212 0.074 125.222 0.076
202303 -1.441 127.348 -1.457
202306 0.395 128.729 0.395

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.


Vantage Drilling International  (OTCPK:VTDRF) 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.


Vantage Drilling International Cyclically Adjusted Price-to-FCF Related Terms

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Vantage Drilling International (Vantage Drilling International) Business Description

Traded in Other Exchanges
N/A
Address
c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

Vantage Drilling International (Vantage Drilling International) Headlines

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