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4Front Ventures (XCNQ:FFNT) Cyclically Adjusted FCF per Share : C$-0.21 (As of Mar. 2024)


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What is 4Front Ventures 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.

4Front Ventures's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.001. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.21 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% 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 4Front Ventures was 26.70% per year. The lowest was 10.60% per year. And the median was 16.30% per year.

As of today (2024-05-31), 4Front Ventures's current stock price is C$0.13. 4Front Ventures's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.21. 4Front Ventures's Cyclically Adjusted Price-to-FCF of today is .


4Front Ventures Cyclically Adjusted FCF per Share Historical Data

The historical data trend for 4Front Ventures'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.

4Front Ventures Cyclically Adjusted FCF per Share Chart

4Front Ventures Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.28 -0.28 -0.24 -0.20

4Front Ventures Quarterly Data
Apr19 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 -0.22 -0.23 -0.22 -0.20 -0.21

Competitive Comparison of 4Front Ventures's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.


4Front Ventures's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 4Front Ventures's Cyclically Adjusted Price-to-FCF falls into.



4Front Ventures 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, 4Front Ventures'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)
=0.001/131.7762*131.7762
=0.001

Current CPI (Mar. 2024) = 131.7762.

4Front Ventures Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.125 100.023 -0.165
201407 -0.065 100.520 -0.085
201410 -0.078 100.176 -0.103
201501 -0.342 98.604 -0.457
201504 -0.029 99.824 -0.038
201507 0.000 100.691 0.000
201510 0.000 100.346 0.000
201601 0.000 99.957 0.000
201604 0.000 100.947 0.000
201607 0.000 101.524 0.000
201610 0.000 101.988 0.000
201701 0.025 102.456 0.032
201704 -0.025 103.167 -0.032
201707 -0.011 103.278 -0.014
201710 -0.462 104.070 -0.585
201801 0.000 104.578 0.000
201804 0.000 105.708 0.000
201807 -0.003 106.324 -0.004
201810 0.001 106.695 0.001
201901 -0.013 106.200 -0.016
201904 -0.013 107.818 -0.016
201909 -0.040 108.329 -0.049
201912 -0.046 108.420 -0.056
202003 -0.020 108.902 -0.024
202006 0.019 108.767 0.023
202009 0.004 109.815 0.005
202012 -0.070 109.897 -0.084
202103 -0.010 111.754 -0.012
202106 -0.007 114.631 -0.008
202109 -0.004 115.734 -0.005
202112 0.004 117.630 0.004
202203 -0.007 121.301 -0.008
202206 -0.003 125.017 -0.003
202209 0.003 125.227 0.003
202212 0.025 125.222 0.026
202303 -0.015 127.348 -0.016
202306 0.004 128.729 0.004
202309 0.001 129.860 0.001
202312 -0.002 129.419 -0.002
202403 0.001 131.776 0.001

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


4Front Ventures  (XCNQ:FFNT) 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.


4Front Ventures Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of 4Front Ventures's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


4Front Ventures (XCNQ:FFNT) Business Description

Traded in Other Exchanges
Address
5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018
4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

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