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Cleanspark (FRA:3UX) Cyclically Adjusted FCF per Share : €-1.74 (As of Mar. 2024)


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What is Cleanspark 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.

Cleanspark's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.253. 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 €-1.74 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -54.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -50.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Cleanspark was -51.30% per year. The lowest was -71.00% per year. And the median was -54.30% per year.

As of today (2024-06-10), Cleanspark's current stock price is €14.745. Cleanspark's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-1.74. Cleanspark's Cyclically Adjusted Price-to-FCF of today is .


Cleanspark Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cleanspark'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.

Cleanspark Cyclically Adjusted FCF per Share Chart

Cleanspark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
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Cleanspark 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 - - - -1.88 -1.74

Competitive Comparison of Cleanspark's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Cleanspark'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.


Cleanspark's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cleanspark's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cleanspark 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, Cleanspark'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)
=-0.253/131.7762*131.7762
=-0.253

Current CPI (Mar. 2024) = 131.7762.

Cleanspark Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 100.560 -0.016
201409 -0.031 100.428 -0.041
201412 -0.051 99.070 -0.068
201503 -0.039 99.621 -0.052
201506 -0.019 100.684 -0.025
201509 -0.016 100.392 -0.021
201512 -0.036 99.792 -0.048
201603 -0.032 100.470 -0.042
201606 -0.030 101.688 -0.039
201609 -0.076 101.861 -0.098
201612 -0.105 101.863 -0.136
201703 -0.127 102.862 -0.163
201706 -0.084 103.349 -0.107
201709 -0.104 104.136 -0.132
201712 -0.101 104.011 -0.128
201803 -0.094 105.290 -0.118
201806 -0.097 106.317 -0.120
201809 -0.118 106.507 -0.146
201812 -0.189 105.998 -0.235
201903 -0.446 107.251 -0.548
201906 -0.706 108.070 -0.861
201909 0.004 108.329 0.005
201912 -0.168 108.420 -0.204
202003 -0.084 108.902 -0.102
202006 -0.193 108.767 -0.234
202009 -0.145 109.815 -0.174
202012 -0.359 109.897 -0.430
202103 -0.357 111.754 -0.421
202106 -1.574 114.631 -1.809
202109 -3.916 115.734 -4.459
202112 -0.227 117.630 -0.254
202203 0.622 121.301 0.676
202206 0.055 125.017 0.058
202209 -2.974 125.227 -3.130
202212 0.002 125.222 0.002
202303 -0.117 127.348 -0.121
202306 -0.166 128.729 -0.170
202309 -1.899 129.860 -1.927
202312 -0.343 129.419 -0.349
202403 -0.253 131.776 -0.253

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


Cleanspark  (FRA:3UX) 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.


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.


Cleanspark Cyclically Adjusted FCF per Share Related Terms

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


Cleanspark (FRA:3UX) Business Description

Industry
Traded in Other Exchanges
Address
2370 Corporate Circle, Suite 160, Henderson, NV, USA, 89074
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.

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