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Tetra Technologies (Tetra Technologies) Cyclically Adjusted Price-to-FCF : 57.00 (As of Apr. 27, 2024)


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What is Tetra Technologies Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Tetra Technologies's current share price is $4.56. Tetra Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.08. Tetra Technologies's Cyclically Adjusted Price-to-FCF for today is 57.00.

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

TTI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 47.38   Med: 153.67   Max: 643
Current: 58.93

During the past years, Tetra Technologies's highest Cyclically Adjusted Price-to-FCF was 643.00. The lowest was 47.38. And the median was 153.67.

TTI's Cyclically Adjusted Price-to-FCF is ranked worse than
86.96% of 391 companies
in the Oil & Gas industry
Industry Median: 14.51 vs TTI: 58.93

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.

Tetra Technologies's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.083. 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 $0.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tetra Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tetra Technologies'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.

Tetra Technologies Cyclically Adjusted Price-to-FCF Chart

Tetra Technologies 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 - - - - 59.59

Tetra Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 294.75 206.25 59.59

Competitive Comparison of Tetra Technologies's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, Tetra Technologies'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.


Tetra Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



Tetra Technologies 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.

Tetra Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.56/0.08
=57.00

* 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.

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

For example, Tetra Technologies'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)
=0.083/129.4194*129.4194
=0.083

Current CPI (Dec. 2023) = 129.4194.

Tetra Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.092 99.695 0.119
201406 -0.240 100.560 -0.309
201409 -0.262 100.428 -0.338
201412 0.117 99.070 0.153
201503 -0.269 99.621 -0.349
201506 0.377 100.684 0.485
201509 0.165 100.392 0.213
201512 0.684 99.792 0.887
201603 0.277 100.470 0.357
201606 0.049 101.688 0.062
201609 -0.156 101.861 -0.198
201612 0.243 101.863 0.309
201703 -0.224 102.862 -0.282
201706 0.073 103.349 0.091
201709 0.222 104.136 0.276
201712 0.039 104.011 0.049
201803 -0.512 105.290 -0.629
201806 -0.159 106.317 -0.194
201809 -0.206 106.507 -0.250
201812 0.080 105.998 0.098
201903 -0.199 107.251 -0.240
201906 0.022 108.070 0.026
201909 0.132 108.329 0.158
201912 -0.099 108.420 -0.118
202003 0.078 108.902 0.093
202006 0.246 108.767 0.293
202009 0.016 109.815 0.019
202012 0.037 109.897 0.044
202103 -0.007 111.754 -0.008
202106 -0.031 114.631 -0.035
202109 0.005 115.734 0.006
202112 -0.092 117.630 -0.101
202203 -0.026 121.301 -0.028
202206 0.052 125.017 0.054
202209 -0.079 125.227 -0.082
202212 -0.111 125.222 -0.115
202303 -0.029 127.348 -0.029
202306 0.138 128.729 0.139
202309 0.053 129.860 0.053
202312 0.083 129.419 0.083

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.


Tetra Technologies  (NYSE:TTI) 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.


Tetra Technologies Cyclically Adjusted Price-to-FCF Related Terms

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


Tetra Technologies (Tetra Technologies) Business Description

Industry
Traded in Other Exchanges
Address
24955 Interstate 45 North, The Woodlands, TX, USA, 77380
Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has two reporting segments namely Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services.
Executives
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Christian A Garcia director 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
Roy Mcniven officer: Sr. Vice President 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Matthew Sanderson officer: Sr. Vice President 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Timothy C Moeller officer: VP & Chief Procurement Officer 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Brady M Murphy officer: President & COO 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano officer: Sr. Vice President & CFO 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
William D Sullivan director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mcgee Sharon D. Booth director 24955 I-45 NORTH, THE WOODLANDS TX 77380
Richard D O'brien officer: VP-Finance & Global Controller 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Boston Shoemake Alicia R officer: General Counsel 24955 I-45 NORTH, THE WOODLANDS TX 77380
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Gina Luna director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Wallace Bass C Jr officer: General Counsel & Secretary 24955 INTERSTATE 45 N, THE WOODLANDS X1 77380
Mark E Baldwin director TETRA TECHNOLOGIES, INC., 24955 I 45 N, THE WOODLANDS TX 77380

Tetra Technologies (Tetra Technologies) Headlines