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Largo (STU:LR8B) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Largo Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Largo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Largo'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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Largo Cyclically Adjusted Price-to-FCF Chart

Largo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Largo 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 Largo's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Largo'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.


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

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

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



Largo 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.

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

For example, Largo'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)
=0.067/126.2576*126.2576
=0.067

Current CPI (Mar. 2024) = 126.2576.

Largo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.219 99.473 -1.547
201409 -1.283 99.394 -1.630
201412 -2.303 98.367 -2.956
201503 -1.462 99.789 -1.850
201506 -1.235 100.500 -1.552
201509 -0.879 100.421 -1.105
201512 -0.281 99.947 -0.355
201603 -0.423 101.054 -0.529
201606 -0.173 102.002 -0.214
201609 -0.067 101.765 -0.083
201612 0.030 101.449 0.037
201703 -0.026 102.634 -0.032
201706 0.058 103.029 0.071
201709 0.040 103.345 0.049
201712 0.470 103.345 0.574
201803 0.216 105.004 0.260
201806 0.662 105.557 0.792
201809 1.120 105.636 1.339
201812 1.236 105.399 1.481
201903 1.096 106.979 1.294
201906 0.136 107.690 0.159
201909 -0.094 107.611 -0.110
201912 0.060 107.769 0.070
202003 -0.063 107.927 -0.074
202006 -1.086 108.401 -1.265
202009 -0.055 108.164 -0.064
202012 -0.004 108.559 -0.005
202103 -0.098 110.298 -0.112
202106 0.176 111.720 0.199
202109 0.121 112.905 0.135
202112 -0.048 113.774 -0.053
202203 -0.117 117.646 -0.126
202206 -0.123 120.806 -0.129
202209 -0.042 120.648 -0.044
202212 -0.335 120.964 -0.350
202303 -0.144 122.702 -0.148
202306 0.076 124.203 0.077
202309 -0.337 125.230 -0.340
202312 -0.071 125.072 -0.072
202403 0.067 126.258 0.067

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.


Largo  (STU:LR8B) 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.


Largo Cyclically Adjusted Price-to-FCF Related Terms

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Largo (STU:LR8B) Business Description

Industry
Traded in Other Exchanges
Address
55 University Avenue, Suite 1105, Toronto, ON, CAN, M5J 2H7
Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.

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