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Sherritt International (TSX:S) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Sherritt International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sherritt International Cyclically Adjusted Price-to-FCF Historical Data

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

Sherritt International 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 0.75 2.64 5.99 24.21 -

Sherritt International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 53.58 126.15 - - -

Competitive Comparison of Sherritt International's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


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

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

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



Sherritt International 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.

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

For example, Sherritt International'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)
=0.023/126.2576*126.2576
=0.023

Current CPI (Mar. 2024) = 126.2576.

Sherritt International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.024 99.473 0.030
201409 0.056 99.394 0.071
201412 0.047 98.367 0.060
201503 -0.003 99.789 -0.004
201506 -0.236 100.500 -0.296
201509 0.174 100.421 0.219
201512 -0.043 99.947 -0.054
201603 -0.065 101.054 -0.081
201606 -0.136 102.002 -0.168
201609 0.160 101.765 0.199
201612 -0.116 101.449 -0.144
201703 0.039 102.634 0.048
201706 -0.094 103.029 -0.115
201709 0.049 103.345 0.060
201712 -0.133 103.345 -0.162
201803 0.009 105.004 0.011
201806 -0.100 105.557 -0.120
201809 -0.004 105.636 -0.005
201812 -0.005 105.399 -0.006
201903 -0.069 106.979 -0.081
201906 0.006 107.690 0.007
201909 -0.019 107.611 -0.022
201912 -0.002 107.769 -0.002
202003 0.049 107.927 0.057
202006 -0.043 108.401 -0.050
202009 0.046 108.164 0.054
202012 0.019 108.559 0.022
202103 -0.011 110.298 -0.013
202106 -0.005 111.720 -0.006
202109 0.019 112.905 0.021
202112 -0.042 113.774 -0.047
202203 0.001 117.646 0.001
202206 0.055 120.806 0.057
202209 0.020 120.648 0.021
202212 0.076 120.964 0.079
202303 0.013 122.702 0.013
202306 0.069 124.203 0.070
202309 -0.007 125.230 -0.007
202312 -0.060 125.072 -0.061
202403 0.023 126.258 0.023

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.


Sherritt International  (TSX:S) 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.


Sherritt International Cyclically Adjusted Price-to-FCF Related Terms

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


Sherritt International (TSX:S) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.
Executives
Leon Binedell Director, Senior Officer