GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 49 North Resources Inc (FRA:O49) » Definitions » Cyclically Adjusted Price-to-FCF

49 North Resources (FRA:O49) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


View and export this data going back to . Start your Free Trial

What is 49 North Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


49 North Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for 49 North Resources's Cyclically Adjusted Price-to-FCF 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.

49 North Resources Cyclically Adjusted Price-to-FCF Chart

49 North Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

49 North Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of 49 North Resources's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, 49 North Resources'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.


49 North Resources's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 49 North Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 49 North Resources's Cyclically Adjusted Price-to-FCF falls into.



49 North Resources Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

49 North Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, 49 North Resources's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.001/125.0724*125.0724
=-0.001

Current CPI (Dec. 2023) = 125.0724.

49 North Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.050 98.604 -0.063
201406 -0.049 99.473 -0.062
201409 -0.013 99.394 -0.016
201412 -0.027 98.367 -0.034
201503 -0.019 99.789 -0.024
201506 0.016 100.500 0.020
201509 -0.012 100.421 -0.015
201512 -0.006 99.947 -0.008
201603 -0.001 101.054 -0.001
201606 -0.004 102.002 -0.005
201609 -0.008 101.765 -0.010
201612 0.011 101.449 0.014
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 -0.003 103.345 -0.004
201803 0.002 105.004 0.002
201806 0.002 105.557 0.002
201809 -0.004 105.636 -0.005
201812 0.002 105.399 0.002
201903 0.004 106.979 0.005
201906 -0.002 107.690 -0.002
201909 0.000 107.611 0.000
201912 0.001 107.769 0.001
202003 0.001 107.927 0.001
202006 -0.001 108.401 -0.001
202009 0.000 108.164 0.000
202012 -0.002 108.559 -0.002
202103 0.000 110.298 0.000
202106 -0.004 111.720 -0.004
202109 0.000 112.905 0.000
202112 -0.004 113.774 -0.004
202203 -0.001 117.646 -0.001
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 -0.001 125.072 -0.001

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


49 North Resources  (FRA:O49) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


49 North Resources Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of 49 North Resources's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


49 North Resources (FRA:O49) Business Description

Traded in Other Exchanges
Address
224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
49 North Resources Inc is a resource investment, financial, and managerial advisory company. Principally, it is engaged in the business of investing in a diversified portfolio of common shares and other securities of resource issuers. The company invests in assets mainly involved in the mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio.

49 North Resources (FRA:O49) Headlines

No Headlines