GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas (Argentina) Corp (TSX:LAAC) » Definitions » Cyclically Adjusted Price-to-FCF

Lithium Americas (Argentina) (TSX:LAAC) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Lithium Americas (Argentina) Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lithium Americas (Argentina) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lithium Americas (Argentina)'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.

Lithium Americas (Argentina) Cyclically Adjusted Price-to-FCF Chart

Lithium Americas (Argentina) Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lithium Americas (Argentina) 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 - - - - -

Competitive Comparison of Lithium Americas (Argentina)'s Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Lithium Americas (Argentina)'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.


Lithium Americas (Argentina)'s Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas (Argentina)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lithium Americas (Argentina)'s Cyclically Adjusted Price-to-FCF falls into.



Lithium Americas (Argentina) 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.

Lithium Americas (Argentina)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lithium Americas (Argentina)'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)
=-0.075/126.2576*126.2576
=-0.075

Current CPI (Mar. 2024) = 126.2576.

Lithium Americas (Argentina) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.196 98.604 -0.251
201406 -0.252 99.473 -0.320
201409 -0.237 99.394 -0.301
201412 -0.205 98.367 -0.263
201503 -0.106 99.789 -0.134
201506 -0.091 100.500 -0.114
201509 -0.117 100.421 -0.147
201512 -0.075 99.947 -0.095
201603 -0.075 101.054 -0.094
201606 -0.061 102.002 -0.076
201609 -0.053 101.765 -0.066
201703 -0.067 102.634 -0.082
201706 -0.052 103.029 -0.064
201709 -0.048 103.345 -0.059
201712 -0.079 103.345 -0.097
201803 -0.067 105.004 -0.081
201806 -0.055 105.557 -0.066
201809 -0.097 105.636 -0.116
201812 -0.086 105.399 -0.103
201903 -0.076 106.979 -0.090
201906 -0.074 107.690 -0.087
201909 -0.164 107.611 -0.192
201912 -0.383 107.769 -0.449
202003 -0.557 107.927 -0.652
202006 -0.490 108.401 -0.571
202009 -0.248 108.164 -0.289
202012 -0.095 108.559 -0.110
202103 -0.130 110.298 -0.149
202106 -0.089 111.720 -0.101
202109 -0.188 112.905 -0.210
202112 -0.177 113.774 -0.196
202203 -0.182 117.646 -0.195
202206 -0.188 120.806 -0.196
202209 -0.134 120.648 -0.140
202212 -0.143 120.964 -0.149
202303 -0.201 122.702 -0.207
202306 -0.584 124.203 -0.594
202309 0.342 125.230 0.345
202312 -0.122 125.072 -0.123
202403 -0.075 126.258 -0.075

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.


Lithium Americas (Argentina)  (TSX:LAAC) 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.


Lithium Americas (Argentina) Cyclically Adjusted Price-to-FCF Related Terms

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


Lithium Americas (Argentina) (TSX:LAAC) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Chauchari-Olaroz and Pastos Grandes. Chauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.
Executives
Juan Diego Lopez Casanello Director

Lithium Americas (Argentina) (TSX:LAAC) Headlines