Aban Offshore P/FCF
What is the P/FCF of Aban Offshore?
The P/FCF of Aban Offshore Limited is 0.01
What is the definition of P/FCF?
Price to free cash flow (P/FCF) is a valuation metric that compares the company’s current share price to its free cash flow per share.
ttm (trailing twelve months)
Price to free cash flow (P/FCF) is a measure that value investors find useful to analyze a company’s finances in relation to its current stock price. It is a stricter measure than the price to cash flow ratio as it subtracts capital expenditures from cash flow.
Free cash flow relies heavily on the state of a company's cash from operations, which is in turn heavily influenced by the company's net income. Companies can manipulate their free cash flow by lengthening the time they take to pay their bills, shortening the time it takes to collect what's owed to them, and putting off buying inventory. It also depends on what items are considered capital expenditures and this can be different in case of different companies.
Lower values of P/FCF generally indicate a company that is undervalued and whose stock is relatively cheap in relation to its free cash flow. Conversely, higher P/FCF indicate that the company's stock is relatively overvalued. Value investors thus favor companies with low or decreasing price to free cash flow values that indicate high or increasing free cash flow totals and relatively low stock share prices.
It is best to compare price to free cash flow ratios between similar companies in the same industry. However, the P/FCF metric can also be viewed over a longer time frame to see if the company's cash flow to share price value is improving or declining.
P/FCF of companies in the Energy sector on BSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates a portfolio of assets, including jack-ups, floaters/drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with p/fcf similar to Aban Offshore
- Blue Capital Reinsurance Ltd has P/FCF of 0.00
- Mallinckrodt Plc Dl ,20 has P/FCF of 0.00
- Sophiris Bio Inc has P/FCF of 0.00
- Sintex Plastics Technology has P/FCF of 0.00
- Great Ajax Corp has P/FCF of 0.00
- Here Media has P/FCF of 0.00
- Aban Offshore has P/FCF of 0.01
- Primeline has P/FCF of 0.02
- Samsung Electronics Co has P/FCF of 0.02
- Ultra Petroleum has P/FCF of 0.02
- Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative has P/FCF of 0.02
- Asia Standard International has P/FCF of 0.02
- Samsung Electronics Co Ltd has P/FCF of 0.02