Premier Oil Plc P/FCF
What is the P/FCF of Premier Oil Plc?
The P/FCF of Premier Oil Plc is 0.31
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 LSE compared to Premier Oil Plc
What does Premier Oil Plc do?
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.
Companies with p/fcf similar to Premier Oil Plc
- Aluminum Of China has P/FCF of 0.30
- China Life Insurance Co has P/FCF of 0.30
- CME has P/FCF of 0.30
- Sysmex has P/FCF of 0.30
- China LotSynergy has P/FCF of 0.30
- Zhejiang Expressway Co has P/FCF of 0.30
- Premier Oil Plc has P/FCF of 0.31
- Sinomax has P/FCF of 0.32
- Wipro has P/FCF of 0.32
- Dr. Reddy`s Laboratories has P/FCF of 0.32
- Sanai Health Industry has P/FCF of 0.32
- Kinetic Mines and has P/FCF of 0.32
- Shirble Department Store (China) has P/FCF of 0.32