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GoldMoney (TSX:XAU) Cyclically Adjusted Price-to-FCF : 68.64 (As of Jun. 10, 2024)


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What is GoldMoney Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), GoldMoney's current share price is C$7.55. GoldMoney's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.11. GoldMoney's Cyclically Adjusted Price-to-FCF for today is 68.64.

The historical rank and industry rank for GoldMoney's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:XAU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 69.18   Med: 71.09   Max: 80.27
Current: 71.69

During the past years, GoldMoney's highest Cyclically Adjusted Price-to-FCF was 80.27. The lowest was 69.18. And the median was 71.09.

TSX:XAU's Cyclically Adjusted Price-to-FCF is ranked worse than
85.06% of 241 companies
in the Capital Markets industry
Industry Median: 18.14 vs TSX:XAU: 71.69

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

GoldMoney's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$1.229. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoldMoney Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GoldMoney'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.

GoldMoney Cyclically Adjusted Price-to-FCF Chart

GoldMoney Annual Data
Trend Sep13 Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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GoldMoney 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 - - - - 73.57

Competitive Comparison of GoldMoney's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, GoldMoney'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.


GoldMoney's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GoldMoney's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



GoldMoney 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.

GoldMoney's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.55/0.11
=68.64

* 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.

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

For example, GoldMoney'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)
=1.229/125.0724*125.0724
=1.229

Current CPI (Dec. 2023) = 125.0724.

GoldMoney Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.022 98.604 -0.028
201406 -0.004 99.473 -0.005
201409 -0.008 99.394 -0.010
201412 -0.007 98.367 -0.009
201503 -0.008 99.789 -0.010
201506 -0.382 100.500 -0.475
201509 -0.459 100.421 -0.572
201512 -0.033 99.947 -0.041
201603 -0.436 101.054 -0.540
201606 -0.163 102.002 -0.200
201609 -0.178 101.765 -0.219
201612 -0.457 101.449 -0.563
201703 -0.001 102.634 -0.001
201706 -0.267 103.029 -0.324
201709 -0.265 103.345 -0.321
201712 -0.317 103.345 -0.384
201803 -0.305 105.004 -0.363
201806 -0.150 105.557 -0.178
201809 -0.153 105.636 -0.181
201812 -0.613 105.399 -0.727
201903 0.563 106.979 0.658
201906 0.524 107.690 0.609
201909 -0.051 107.611 -0.059
201912 0.172 107.769 0.200
202003 -0.483 107.927 -0.560
202006 -0.346 108.401 -0.399
202009 -0.112 108.164 -0.130
202012 -0.092 108.559 -0.106
202103 0.564 110.298 0.640
202106 0.233 111.720 0.261
202109 -0.344 112.905 -0.381
202112 -0.214 113.774 -0.235
202203 -0.153 117.646 -0.163
202206 -0.020 120.806 -0.021
202209 0.124 120.648 0.129
202212 0.547 120.964 0.566
202303 0.896 122.702 0.913
202306 3.002 124.203 3.023
202309 0.040 125.230 0.040
202312 1.229 125.072 1.229

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.


GoldMoney  (TSX:XAU) 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.


GoldMoney Cyclically Adjusted Price-to-FCF Related Terms

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


GoldMoney (TSX:XAU) Business Description

Industry
Traded in Other Exchanges
Address
334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4
GoldMoney Inc is engaged in precious metal focused global business. It operates through subsidiaries and is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney has a client base in more than a hundred countries and holds precious metal assets. The company's operating subsidiaries include Goldmoney.com and SchiffGold.com. In addition to the company's principal business segments, the company holds a significant interest in Mene Inc., which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight. Through these businesses and other investment activities, the firm gains long-term exposure to precious metals.
Executives
Roy Sebag 10% Security Holder, Director, Senior Officer

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