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Osisko Gold Royalties (TSX:OR) Cyclically Adjusted FCF per Share : C$-0.11 (As of Mar. 2024)


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What is Osisko Gold Royalties Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Osisko Gold Royalties's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.270. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Osisko Gold Royalties's average Cyclically Adjusted FCF Growth Rate was -116.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-01), Osisko Gold Royalties's current stock price is C$22.88. Osisko Gold Royalties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.11. Osisko Gold Royalties's Cyclically Adjusted Price-to-FCF of today is .

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Osisko Gold Royalties was 202.09. The lowest was 30.52. And the median was 48.48.


Osisko Gold Royalties Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Osisko Gold Royalties's Cyclically Adjusted FCF per Share 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.

Osisko Gold Royalties Cyclically Adjusted FCF per Share Chart

Osisko Gold Royalties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.11

Osisko Gold Royalties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.65 0.42 0.25 0.11 -0.11

Competitive Comparison of Osisko Gold Royalties's Cyclically Adjusted FCF per Share

For the Gold subindustry, Osisko Gold Royalties'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.


Osisko Gold Royalties's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Osisko Gold Royalties's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Osisko Gold Royalties's Cyclically Adjusted Price-to-FCF falls into.



Osisko Gold Royalties Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Osisko Gold Royalties'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)
=0.27/126.2576*126.2576
=0.270

Current CPI (Mar. 2024) = 126.2576.

Osisko Gold Royalties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.478 99.473 0.607
201409 0.127 99.394 0.161
201412 0.085 98.367 0.109
201503 0.020 99.789 0.025
201506 0.057 100.500 0.072
201509 0.080 100.421 0.101
201512 -0.191 99.947 -0.241
201603 -0.211 101.054 -0.264
201606 -0.039 102.002 -0.048
201609 0.133 101.765 0.165
201612 0.073 101.449 0.091
201703 -0.290 102.634 -0.357
201706 0.015 103.029 0.018
201709 -0.001 103.345 -0.001
201712 -0.013 103.345 -0.016
201803 0.085 105.004 0.102
201806 -0.189 105.557 -0.226
201809 -0.085 105.636 -0.102
201812 -0.190 105.399 -0.228
201903 -0.021 106.979 -0.025
201906 0.138 107.690 0.162
201909 -0.105 107.611 -0.123
201912 0.034 107.769 0.040
202003 0.009 107.927 0.011
202006 -0.079 108.401 -0.092
202009 0.045 108.164 0.053
202012 -0.159 108.559 -0.185
202103 -0.110 110.298 -0.126
202106 -0.369 111.720 -0.417
202109 0.091 112.905 0.102
202112 -0.057 113.774 -0.063
202203 0.086 117.646 0.092
202206 -0.001 120.806 -0.001
202209 0.081 120.648 0.085
202212 -0.235 120.964 -0.245
202303 0.245 122.702 0.252
202306 -0.892 124.203 -0.907
202309 0.090 125.230 0.091
202312 -0.005 125.072 -0.005
202403 0.270 126.258 0.270

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Osisko Gold Royalties  (TSX:OR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Osisko Gold Royalties was 202.09. The lowest was 30.52. And the median was 48.48.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Osisko Gold Royalties Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Osisko Gold Royalties's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Osisko Gold Royalties (TSX:OR) Business Description

Traded in Other Exchanges
Address
1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
Osisko Gold Royalties Ltd is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. The company organizes and manages the business under two operating segments: (i) acquiring and managing precious metals and other royalties, streams and other interests, and (ii) the exploration, evaluation and development of mining projects.
Executives
Guy Desharnais Senior Officer

Osisko Gold Royalties (TSX:OR) Headlines