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Etablissements Maurel & Prom (XPAR:MAU) Cyclically Adjusted Price-to-FCF : 27.60 (As of May. 23, 2024)


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What is Etablissements Maurel & Prom Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Etablissements Maurel & Prom's current share price is €6.625. Etablissements Maurel & Prom's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.24. Etablissements Maurel & Prom's Cyclically Adjusted Price-to-FCF for today is 27.60.

The historical rank and industry rank for Etablissements Maurel & Prom's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XPAR:MAU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.93   Med: 22.35   Max: 49.09
Current: 28.17

During the past 13 years, Etablissements Maurel & Prom's highest Cyclically Adjusted Price-to-FCF was 49.09. The lowest was 6.93. And the median was 22.35.

XPAR:MAU's Cyclically Adjusted Price-to-FCF is ranked worse than
76.28% of 392 companies
in the Oil & Gas industry
Industry Median: 13.98 vs XPAR:MAU: 28.17

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.

Etablissements Maurel & Prom's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.572. 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 €0.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etablissements Maurel & Prom Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Etablissements Maurel & Prom'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.

Etablissements Maurel & Prom Cyclically Adjusted Price-to-FCF Chart

Etablissements Maurel & Prom 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 43.29 7.21 20.55 17.94 25.63

Etablissements Maurel & Prom Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 20.55 - 17.94 - 25.63

Competitive Comparison of Etablissements Maurel & Prom's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Etablissements Maurel & Prom'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.


Etablissements Maurel & Prom's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Etablissements Maurel & Prom's Cyclically Adjusted Price-to-FCF falls into.



Etablissements Maurel & Prom 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.

Etablissements Maurel & Prom's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.625/0.24
=27.60

* 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.

Etablissements Maurel & Prom's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Etablissements Maurel & Prom's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.572/118.3900*118.3900
=0.572

Current CPI (Dec23) = 118.3900.

Etablissements Maurel & Prom Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.455 99.860 0.539
201512 -1.554 100.040 -1.839
201612 0.224 100.650 0.263
201712 0.647 101.850 0.752
201812 0.223 103.470 0.255
201912 -0.095 104.980 -0.107
202012 0.065 104.960 0.073
202112 0.519 107.850 0.570
202212 1.251 114.160 1.297
202312 0.572 118.390 0.572

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.


Etablissements Maurel & Prom  (XPAR:MAU) 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.


Etablissements Maurel & Prom Cyclically Adjusted Price-to-FCF Related Terms

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


Etablissements Maurel & Prom (XPAR:MAU) Business Description

Industry
Traded in Other Exchanges
Address
51, rue d'Anjou, Paris, FRA, 75008
Etablissements Maurel & Prom is a part of the oil & gas industry in France. It specializes in the extraction and production of hydrocarbons. Its activities are split into three segments, namely Exploration, Production, and Drilling. The production of hydrocarbons being its primary activity generates the bulk of the company's revenues. The Production segment focuses on the production of hydrocarbons in Gabon (oil) and Tanzania. The Drilling segment is known for its ownership of a fleet of drilling rigs. The company's revenue is generated through its activities in Africa.

Etablissements Maurel & Prom (XPAR:MAU) Headlines

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