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Rare Element Resources (TSX:RES) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is Rare Element Resources Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rare Element Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rare Element 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.

Rare Element Resources Cyclically Adjusted Price-to-FCF Chart

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

For the Other Industrial Metals & Mining subindustry, Rare Element 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.


Rare Element Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Rare Element 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.

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

For example, Rare Element Resources'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)
=-0.02/131.7762*131.7762
=-0.020

Current CPI (Mar. 2024) = 131.7762.

Rare Element Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.084 100.560 -0.110
201409 -0.074 100.428 -0.097
201412 -0.066 99.070 -0.088
201503 -0.070 99.621 -0.093
201506 -0.053 100.684 -0.069
201509 -0.056 100.392 -0.074
201512 -0.059 99.792 -0.078
201603 -0.042 100.470 -0.055
201606 -0.031 101.688 -0.040
201609 -0.008 101.861 -0.010
201612 -0.009 101.863 -0.012
201703 -0.006 102.862 -0.008
201706 -0.008 103.349 -0.010
201709 -0.007 104.136 -0.009
201712 -0.009 104.011 -0.011
201803 -0.008 105.290 -0.010
201806 -0.009 106.317 -0.011
201809 -0.013 106.507 -0.016
201812 -0.015 105.998 -0.019
201903 -0.014 107.251 -0.017
201906 -0.012 108.070 -0.015
201909 -0.011 108.329 -0.013
201912 -0.012 108.420 -0.015
202003 -0.020 108.902 -0.024
202006 -0.021 108.767 -0.025
202009 -0.017 109.815 -0.020
202012 -0.020 109.897 -0.024
202103 -0.016 111.754 -0.019
202106 -0.014 114.631 -0.016
202109 -0.024 115.734 -0.027
202112 -0.014 117.630 -0.016
202203 -0.083 121.301 -0.090
202206 -0.012 125.017 -0.013
202209 -0.055 125.227 -0.058
202212 -0.084 125.222 -0.088
202303 -0.040 127.348 -0.041
202306 -0.063 128.729 -0.064
202309 -0.120 129.860 -0.122
202312 -0.074 129.419 -0.075
202403 -0.020 131.776 -0.020

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.


Rare Element Resources  (TSX:RES) 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.


Rare Element Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Rare Element Resources (TSX:RES) Business Description

Traded in Other Exchanges
Address
P.O. Box 271049, Littleton, CO, USA, 80127
Rare Element Resources Ltd is a mineral resource company. It focuses on the exploration and development of rare-earth element deposits that carry a favorable distribution of critical rare earth. The company is advancing the development of the 100% owned Bear Lodge REE Project, located in northeast Wyoming.

Rare Element Resources (TSX:RES) Headlines

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