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Seabridge Gold (STU:SRM) Cyclically Adjusted FCF per Share : €-0.99 (As of Mar. 2024)


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What is Seabridge Gold 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.

Seabridge Gold's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.299. 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 €-0.99 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.40% 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 Seabridge Gold was -1.30% per year. The lowest was -12.90% per year. And the median was -5.25% per year.

As of today (2024-05-24), Seabridge Gold's current stock price is €13.24. Seabridge Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.99. Seabridge Gold's Cyclically Adjusted Price-to-FCF of today is .


Seabridge Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Seabridge Gold'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.

Seabridge Gold Cyclically Adjusted FCF per Share Chart

Seabridge Gold 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 -0.69 -0.68 -0.74 -0.85 -0.97

Seabridge Gold 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 -0.88 -0.89 -1.01 -0.97 -0.99

Competitive Comparison of Seabridge Gold's Cyclically Adjusted FCF per Share

For the Gold subindustry, Seabridge Gold'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.


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

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

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



Seabridge Gold 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, Seabridge Gold'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)
=-0.299/126.2576*126.2576
=-0.299

Current CPI (Mar. 2024) = 126.2576.

Seabridge Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.093 99.473 -0.118
201409 -0.183 99.394 -0.232
201412 -0.143 98.367 -0.184
201503 -0.084 99.789 -0.106
201506 -0.081 100.500 -0.102
201509 -0.112 100.421 -0.141
201512 -0.085 99.947 -0.107
201603 -0.057 101.054 -0.071
201606 -0.087 102.002 -0.108
201609 -0.130 101.765 -0.161
201612 -0.106 101.449 -0.132
201703 -0.078 102.634 -0.096
201706 -0.077 103.029 -0.094
201709 -0.110 103.345 -0.134
201712 -0.121 103.345 -0.148
201803 -0.064 105.004 -0.077
201806 -0.090 105.557 -0.108
201809 -0.190 105.636 -0.227
201812 -0.166 105.399 -0.199
201903 -0.066 106.979 -0.078
201906 -0.072 107.690 -0.084
201909 -0.130 107.611 -0.153
201912 -0.144 107.769 -0.169
202003 -0.085 107.927 -0.099
202006 -0.088 108.401 -0.102
202009 -0.082 108.164 -0.096
202012 -1.318 108.559 -1.533
202103 -0.104 110.298 -0.119
202106 -0.094 111.720 -0.106
202109 -0.221 112.905 -0.247
202112 -0.332 113.774 -0.368
202203 -0.179 117.646 -0.192
202206 -0.198 120.806 -0.207
202209 -0.656 120.648 -0.687
202212 -0.684 120.964 -0.714
202303 -0.422 122.702 -0.434
202306 -0.431 124.203 -0.438
202309 -0.655 125.230 -0.660
202312 -0.574 125.072 -0.579
202403 -0.299 126.258 -0.299

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


Seabridge Gold  (STU:SRM) 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.


Seabridge Gold Cyclically Adjusted FCF per Share Related Terms

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


Seabridge Gold (STU:SRM) Business Description

Industry
Traded in Other Exchanges
Address
106 Front Street East, Suite 400, Toronto, ON, CAN, M5A 1E1
Seabridge Gold Inc is a development stage company involved in the evaluation, acquisition, exploration, and development of gold properties sited in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories and its newly acquired Iksut Property located in northwestern British Columbia. It has various other mineral resource projects throughout North America.