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Cohen Development Gas & Oil (XTAE:CDEV) Cyclically Adjusted Price-to-FCF : 18.67 (As of Jun. 08, 2024)


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What is Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Cohen Development Gas & Oil's current share price is ₪112.20. Cohen Development Gas & Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪6.01. Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF for today is 18.67.

The historical rank and industry rank for Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTAE:CDEV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.59   Med: 18.74   Max: 23.05
Current: 18.67

During the past years, Cohen Development Gas & Oil's highest Cyclically Adjusted Price-to-FCF was 23.05. The lowest was 15.59. And the median was 18.74.

XTAE:CDEV's Cyclically Adjusted Price-to-FCF is ranked worse than
50.46% of 216 companies
in the Conglomerates industry
Industry Median: 18.655 vs XTAE:CDEV: 18.67

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.

Cohen Development Gas & Oil's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪3.189. 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 ₪6.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cohen Development Gas & Oil'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.

Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF Chart

Cohen Development Gas & Oil 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 - - 18.29 15.68 19.74

Cohen Development Gas & Oil 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 16.75 16.76 22.16 19.74 17.76

Competitive Comparison of Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Cohen Development Gas & Oil'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.


Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

* The bar in red indicates where Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF falls into.



Cohen Development Gas & Oil 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.

Cohen Development Gas & Oil's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=112.20/6.01
=18.67

* 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.

Cohen Development Gas & Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cohen Development Gas & Oil'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)
=3.189/131.7762*131.7762
=3.189

Current CPI (Mar. 2024) = 131.7762.

Cohen Development Gas & Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.478 100.560 0.626
201409 0.952 100.428 1.249
201412 0.466 99.070 0.620
201503 0.788 99.621 1.042
201506 0.518 100.684 0.678
201509 0.831 100.392 1.091
201512 0.759 99.792 1.002
201603 0.700 100.470 0.918
201606 0.679 101.688 0.880
201609 0.797 101.861 1.031
201612 0.709 101.863 0.917
201703 0.838 102.862 1.074
201706 0.547 103.349 0.697
201709 0.952 104.136 1.205
201712 0.708 104.011 0.897
201803 0.819 105.290 1.025
201806 1.011 106.317 1.253
201809 1.022 106.507 1.264
201812 0.876 105.998 1.089
201903 1.044 107.251 1.283
201906 0.665 108.070 0.811
201909 0.820 108.329 0.997
201912 1.043 108.420 1.268
202003 1.482 108.902 1.793
202006 0.985 108.767 1.193
202009 1.478 109.815 1.774
202012 1.670 109.897 2.002
202103 1.490 111.754 1.757
202106 1.549 114.631 1.781
202109 2.278 115.734 2.594
202112 1.398 117.630 1.566
202203 1.780 121.301 1.934
202206 2.548 125.017 2.686
202209 1.988 125.227 2.092
202212 2.421 125.222 2.548
202303 2.519 127.348 2.607
202306 2.733 128.729 2.798
202309 2.784 129.860 2.825
202312 2.395 129.419 2.439
202403 3.189 131.776 3.189

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.


Cohen Development Gas & Oil  (XTAE:CDEV) 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.


Cohen Development Gas & Oil Cyclically Adjusted Price-to-FCF Related Terms

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Cohen Development Gas & Oil (XTAE:CDEV) Business Description

Traded in Other Exchanges
N/A
Address
17 Efa'al Street Kiriat Arye, Petach Tikva, ISR, 49511
Website
Cohen Development Gas & Oil Ltd formerly known as Cohen Development & Industrial Buildings Ltd. is engaged in petroleum and gas exploration as well as real estate operations.

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