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Denison Mines (LTS:0URY) Cyclically Adjusted FCF per Share : C$-0.03 (As of Mar. 2024)


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What is Denison Mines 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.

Denison Mines's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.011. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Denison Mines was 41.50% per year. The lowest was -7.40% per year. And the median was 7.80% per year.

As of today (2024-06-06), Denison Mines's current stock price is C$3.04. Denison Mines's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.03. Denison Mines's Cyclically Adjusted Price-to-FCF of today is .


Denison Mines Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Denison Mines'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.

Denison Mines Cyclically Adjusted FCF per Share Chart

Denison Mines 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 -0.05 -0.05 -0.04 -0.04 -0.04

Denison Mines 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 -0.04 -0.04 -0.04 -0.04 -0.03

Competitive Comparison of Denison Mines's Cyclically Adjusted FCF per Share

For the Uranium subindustry, Denison Mines'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.


Denison Mines's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Denison Mines 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, Denison Mines'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)
=-0.011/126.2576*126.2576
=-0.011

Current CPI (Mar. 2024) = 126.2576.

Denison Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 99.473 -0.008
201409 -0.012 99.394 -0.015
201412 -0.017 98.367 -0.022
201503 -0.019 99.789 -0.024
201506 -0.006 100.500 -0.008
201509 -0.020 100.421 -0.025
201512 -0.009 99.947 -0.011
201603 0.003 101.054 0.004
201606 -0.009 102.002 -0.011
201609 -0.015 101.765 -0.019
201612 -0.002 101.449 -0.002
201703 0.061 102.634 0.075
201706 -0.010 103.029 -0.012
201709 -0.013 103.345 -0.016
201712 -0.010 103.345 -0.012
201803 -0.009 105.004 -0.011
201806 -0.012 105.557 -0.014
201809 -0.015 105.636 -0.018
201812 -0.005 105.399 -0.006
201903 -0.006 106.979 -0.007
201906 -0.009 107.690 -0.011
201909 -0.007 107.611 -0.008
201912 -0.011 107.769 -0.013
202003 -0.004 107.927 -0.005
202006 -0.007 108.401 -0.008
202009 -0.003 108.164 -0.004
202012 -0.008 108.559 -0.009
202103 -0.003 110.298 -0.003
202106 -0.014 111.720 -0.016
202109 -0.003 112.905 -0.003
202112 -0.009 113.774 -0.010
202203 -0.008 117.646 -0.009
202206 -0.013 120.806 -0.014
202209 -0.011 120.648 -0.012
202212 -0.010 120.964 -0.010
202303 -0.010 122.702 -0.010
202306 -0.012 124.203 -0.012
202309 -0.010 125.230 -0.010
202312 -0.007 125.072 -0.007
202403 -0.011 126.258 -0.011

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


Denison Mines  (LTS:0URY) 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.


Denison Mines Cyclically Adjusted FCF per Share Related Terms

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


Denison Mines (LTS:0URY) Business Description

Industry
Traded in Other Exchanges
Address
40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.

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