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Equinox Gold (STU:1LRC) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Equinox Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Equinox Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Equinox Gold'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.

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Equinox Gold Cyclically Adjusted Price-to-FCF Chart

Equinox Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Equinox Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Equinox Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Equinox 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.


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

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

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



Equinox Gold 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.

Equinox Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Equinox 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)
=-0.247/126.2576*126.2576
=-0.247

Current CPI (Mar. 2024) = 126.2576.

Equinox Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 99.473 -0.005
201409 -0.007 99.394 -0.009
201412 -0.007 98.367 -0.009
201503 -0.015 99.789 -0.019
201506 -0.013 100.500 -0.016
201509 -0.016 100.421 -0.020
201512 -0.003 99.947 -0.004
201603 -0.006 101.054 -0.007
201606 -0.004 102.002 -0.005
201609 -0.003 101.765 -0.004
201612 -0.061 101.449 -0.076
201703 -0.200 102.634 -0.246
201706 -0.262 103.029 -0.321
201709 -0.333 103.345 -0.407
201712 -0.448 103.345 -0.547
201803 -0.134 105.004 -0.161
201806 -0.058 105.557 -0.069
201809 -0.280 105.636 -0.335
201812 -0.328 105.399 -0.393
201903 -0.308 106.979 -0.364
201906 -0.282 107.690 -0.331
201909 0.081 107.611 0.095
201912 0.183 107.769 0.214
202003 -0.200 107.927 -0.234
202006 0.209 108.401 0.243
202009 0.073 108.164 0.085
202012 0.115 108.559 0.134
202103 0.024 110.298 0.027
202106 -0.177 111.720 -0.200
202109 -0.019 112.905 -0.021
202112 0.098 113.774 0.109
202203 -0.421 117.646 -0.452
202206 -0.527 120.806 -0.551
202209 -0.322 120.648 -0.337
202212 -0.291 120.964 -0.304
202303 0.042 122.702 0.043
202306 -0.265 124.203 -0.269
202309 -0.232 125.230 -0.234
202312 -0.032 125.072 -0.032
202403 -0.247 126.258 -0.247

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.


Equinox Gold  (STU:1LRC) 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.


Equinox Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Equinox Gold (STU:1LRC) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.

Equinox Gold (STU:1LRC) Headlines

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