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Candelaria Mining (TSXV:CAND) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Candelaria Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Candelaria Mining Cyclically Adjusted Price-to-FCF Historical Data

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

Candelaria Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
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Candelaria Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Candelaria Mining's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Candelaria Mining'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.


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

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

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



Candelaria Mining 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.

Candelaria Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Candelaria Mining's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.001/125.0724*125.0724
=-0.001

Current CPI (Jan. 2024) = 125.0724.

Candelaria Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.046 98.920 -0.058
201407 -0.063 99.315 -0.079
201410 -0.036 99.473 -0.045
201501 -0.021 98.209 -0.027
201504 -0.059 99.710 -0.074
201507 -0.036 100.579 -0.045
201510 0.019 100.500 0.024
201601 -0.156 100.184 -0.195
201604 -0.005 101.370 -0.006
201607 -0.004 101.844 -0.005
201610 -0.006 102.002 -0.007
201701 -0.009 102.318 -0.011
201704 0.125 103.029 0.152
201707 -0.023 103.029 -0.028
201710 -0.014 103.424 -0.017
201801 -0.009 104.056 -0.011
201804 -0.004 105.320 -0.005
201807 -0.008 106.110 -0.009
201810 -0.006 105.952 -0.007
201901 -0.003 105.557 -0.004
201904 -0.001 107.453 -0.001
201907 -0.002 108.243 -0.002
201910 -0.003 107.927 -0.003
202001 -0.003 108.085 -0.003
202004 -0.001 107.216 -0.001
202007 -0.010 108.401 -0.012
202010 -0.004 108.638 -0.005
202101 -0.007 109.192 -0.008
202104 0.006 110.851 0.007
202107 -0.004 112.431 -0.004
202110 -0.019 113.695 -0.021
202201 -0.010 114.801 -0.011
202204 -0.004 118.357 -0.004
202207 -0.005 120.964 -0.005
202210 -0.008 121.517 -0.008
202301 -0.005 121.596 -0.005
202304 -0.001 123.571 -0.001
202307 -0.003 124.914 -0.003
202310 -0.002 125.310 -0.002
202401 -0.001 125.072 -0.001

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.


Candelaria Mining  (TSXV:CAND) 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.


Candelaria Mining Cyclically Adjusted Price-to-FCF Related Terms

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Candelaria Mining (TSXV:CAND) Business Description

Traded in Other Exchanges
Address
1030 West Georgia, Suite 1012, Vancouver, BC, CAN, V6E 2Y3
Candelaria Mining Corp is a precious metals focused exploration and mining company. It has two gold projects in Mexico; the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned exploration stage Caballo Blanco project located in the state of Veracruz.
Executives
Sergio Manuel Gomez Director

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