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Maple Gold Mines (TSXV:MGM) Cyclically Adjusted FCF per Share : C$-0.03 (As of Mar. 2024)


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What is Maple Gold 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.

Maple Gold Mines's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.002. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.03 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-02), Maple Gold Mines's current stock price is C$0.06. Maple Gold Mines's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.03. Maple Gold Mines's Cyclically Adjusted Price-to-FCF of today is .


Maple Gold Mines Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Maple Gold 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.

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Maple Gold Mines Cyclically Adjusted FCF per Share Chart

Maple Gold Mines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.06 -0.03 -0.03

Maple Gold Mines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 -0.03 -0.03 -0.03 -0.03

Competitive Comparison of Maple Gold Mines's Cyclically Adjusted FCF per Share

For the Gold subindustry, Maple Gold 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.


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

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

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



Maple Gold 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, Maple Gold 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)
=-0.002/126.2576*126.2576
=-0.002

Current CPI (Mar. 2024) = 126.2576.

Maple Gold Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.009 96.945 0.012
201403 0.011 98.604 0.014
201406 -0.004 99.473 -0.005
201409 0.005 99.394 0.006
201412 -0.014 98.367 -0.018
201503 -0.007 99.789 -0.009
201506 -0.006 100.500 -0.008
201509 -0.003 100.421 -0.004
201512 0.006 99.947 0.008
201603 -0.002 101.054 -0.002
201606 -0.004 102.002 -0.005
201609 -0.013 101.765 -0.016
201612 -0.010 101.449 -0.012
201703 -0.025 102.634 -0.031
201706 -0.027 103.029 -0.033
201709 -0.012 103.345 -0.015
201712 -0.010 103.345 -0.012
201803 -0.016 105.004 -0.019
201806 -0.027 105.557 -0.032
201809 -0.007 105.636 -0.008
201812 0.002 105.399 0.002
201903 0.005 106.979 0.006
201906 -0.008 107.690 -0.009
201909 -0.002 107.611 -0.002
201912 -0.004 107.769 -0.005
202003 -0.002 107.927 -0.002
202006 -0.004 108.401 -0.005
202009 -0.004 108.164 -0.005
202012 -0.004 108.559 -0.005
202103 -0.004 110.298 -0.005
202106 -0.002 111.720 -0.002
202109 -0.003 112.905 -0.003
202112 -0.004 113.774 -0.004
202203 -0.006 117.646 -0.006
202206 -0.008 120.806 -0.008
202209 -0.006 120.648 -0.006
202212 -0.016 120.964 -0.017
202303 -0.003 122.702 -0.003
202309 -0.005 125.230 -0.005
202403 -0.002 126.258 -0.002

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


Maple Gold Mines  (TSXV:MGM) 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.


Maple Gold Mines Cyclically Adjusted FCF per Share Related Terms

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


Maple Gold Mines (TSXV:MGM) Business Description

Traded in Other Exchanges
Address
600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3
Maple Gold Mines Ltd is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Ltd to jointly advance the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. The district-scale property package also hosts a significant number of regional exploration targets along a 55 km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the project ripe for new gold and polymetallic discoveries. Its segment includes mineral exploration in Canada. The company is well-capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.
Executives
Kiran Uday Patankar Senior Officer