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Calibre Mining (TSX:CXB) Cyclically Adjusted FCF per Share : C$-0.02 (As of Mar. 2024)


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What is Calibre Mining 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.

Calibre Mining's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.090. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 47.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.20% 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 Calibre Mining was 47.70% per year. The lowest was 6.80% per year. And the median was 26.30% per year.

As of today (2024-06-07), Calibre Mining's current stock price is C$1.96. Calibre Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.02. Calibre Mining's Cyclically Adjusted Price-to-FCF of today is .


Calibre Mining Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Calibre Mining'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.

Calibre Mining Cyclically Adjusted FCF per Share Chart

Calibre Mining 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 -0.10 -0.07 -0.04 -0.04 -0.01

Calibre Mining 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 -0.03 -0.02 -0.01 -0.01 -0.02

Competitive Comparison of Calibre Mining's Cyclically Adjusted FCF per Share

For the Gold subindustry, Calibre Mining'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.


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

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

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



Calibre Mining 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, Calibre Mining'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)
=-0.09/126.2576*126.2576
=-0.090

Current CPI (Mar. 2024) = 126.2576.

Calibre Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.037 99.473 0.047
201409 -0.002 99.394 -0.003
201412 -0.123 98.367 -0.158
201503 -0.035 99.789 -0.044
201506 0.016 100.500 0.020
201509 -0.007 100.421 -0.009
201512 0.003 99.947 0.004
201603 -0.008 101.054 -0.010
201606 0.054 102.002 0.067
201609 0.088 101.765 0.109
201612 -0.157 101.449 -0.195
201703 0.000 102.634 0.000
201706 -0.014 103.029 -0.017
201709 -0.016 103.345 -0.020
201712 0.000 103.345 0.000
201803 -0.008 105.004 -0.010
201806 0.002 105.557 0.002
201809 -0.016 105.636 -0.019
201812 -0.003 105.399 -0.004
201903 -0.009 106.979 -0.011
201906 -0.016 107.690 -0.019
201909 -0.038 107.611 -0.045
201912 0.033 107.769 0.039
202003 0.047 107.927 0.055
202006 -0.072 108.401 -0.084
202009 0.110 108.164 0.128
202012 0.040 108.559 0.047
202103 0.017 110.298 0.019
202106 0.017 111.720 0.019
202109 0.017 112.905 0.019
202112 0.016 113.774 0.018
202203 -0.030 117.646 -0.032
202206 0.021 120.806 0.022
202209 -0.103 120.648 -0.108
202212 -0.030 120.964 -0.031
202303 -0.005 122.702 -0.005
202306 0.044 124.203 0.045
202309 0.046 125.230 0.046
202312 0.036 125.072 0.036
202403 -0.090 126.258 -0.090

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


Calibre Mining  (TSX:CXB) 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.


Calibre Mining Cyclically Adjusted FCF per Share Related Terms

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


Calibre Mining (TSX:CXB) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1560, Vancouver, BC, CAN, V6C 3L6
Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.
Executives
David Hendriks Senior Officer

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