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Ivanhoe Mines (STU:IYAA) Cyclically Adjusted FCF per Share : €-0.16 (As of Mar. 2024)


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What is Ivanhoe 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.

Ivanhoe Mines's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.114. 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 €-0.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.20% 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 Ivanhoe Mines was 4.20% per year. The lowest was 4.20% per year. And the median was 4.20% per year.

As of today (2024-06-02), Ivanhoe Mines's current stock price is €12.94. Ivanhoe Mines's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.16. Ivanhoe Mines's Cyclically Adjusted Price-to-FCF of today is .


Ivanhoe Mines Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ivanhoe 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.

Ivanhoe Mines Cyclically Adjusted FCF per Share Chart

Ivanhoe 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 - -0.15 -0.16 -0.14 -0.15

Ivanhoe 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 -0.15 -0.15 -0.15 -0.15 -0.16

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

For the Other Industrial Metals & Mining subindustry, Ivanhoe 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.


Ivanhoe Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Ivanhoe 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, Ivanhoe 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)
=-0.114/126.2576*126.2576
=-0.114

Current CPI (Mar. 2024) = 126.2576.

Ivanhoe Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.064 99.473 -0.081
201409 -0.053 99.394 -0.067
201412 -0.056 98.367 -0.072
201503 -0.053 99.789 -0.067
201506 -0.035 100.500 -0.044
201509 -0.036 100.421 -0.045
201512 -0.036 99.947 -0.045
201603 -0.028 101.054 -0.035
201606 -0.016 102.002 -0.020
201609 -0.022 101.765 -0.027
201612 -0.021 101.449 -0.026
201703 -0.026 102.634 -0.032
201706 -0.024 103.029 -0.029
201709 -0.029 103.345 -0.035
201712 -0.030 103.345 -0.037
201803 -0.040 105.004 -0.048
201806 -0.034 105.557 -0.041
201809 -0.033 105.636 -0.039
201812 -0.034 105.399 -0.041
201903 -0.037 106.979 -0.044
201906 -0.028 107.690 -0.033
201909 -0.029 107.611 -0.034
201912 -0.014 107.769 -0.016
202003 -0.022 107.927 -0.026
202006 -0.021 108.401 -0.024
202009 -0.018 108.164 -0.021
202012 -0.013 108.559 -0.015
202103 -0.019 110.298 -0.022
202106 -0.020 111.720 -0.023
202109 -0.026 112.905 -0.029
202112 0.025 113.774 0.028
202203 -0.032 117.646 -0.034
202206 -0.028 120.806 -0.029
202209 0.138 120.648 0.144
202212 -0.053 120.964 -0.055
202303 -0.071 122.702 -0.073
202306 -0.099 124.203 -0.101
202309 -0.103 125.230 -0.104
202312 -0.102 125.072 -0.103
202403 -0.114 126.258 -0.114

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


Ivanhoe Mines  (STU:IYAA) 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.


Ivanhoe Mines Cyclically Adjusted FCF per Share Related Terms

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


Ivanhoe Mines (STU:IYAA) Business Description

Industry
Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.

Ivanhoe Mines (STU:IYAA) Headlines

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