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Canadian Gold (TSXV:CGC) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Canadian Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Gold Cyclically Adjusted Price-to-FCF Historical Data

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

Canadian Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Canadian Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Competitive Comparison of Canadian Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Canadian Gold'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.


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

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

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



Canadian Gold 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.

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

For example, Canadian Gold'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)
=-0.006/126.2576*126.2576
=-0.006

Current CPI (Mar. 2024) = 126.2576.

Canadian Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.042 98.604 -0.054
201406 -0.036 99.473 -0.046
201409 -0.011 99.394 -0.014
201412 -0.002 98.367 -0.003
201503 -0.018 99.789 -0.023
201506 -0.012 100.500 -0.015
201509 0.000 100.421 0.000
201512 -0.014 99.947 -0.018
201603 -0.004 101.054 -0.005
201606 -0.004 102.002 -0.005
201609 -0.006 101.765 -0.007
201612 -0.018 101.449 -0.022
201703 -0.011 102.634 -0.014
201706 -0.001 103.029 -0.001
201709 -0.012 103.345 -0.015
201712 -0.005 103.345 -0.006
201803 -0.003 105.004 -0.004
201806 -0.003 105.557 -0.004
201809 0.002 105.636 0.002
201812 -0.007 105.399 -0.008
201903 -0.002 106.979 -0.002
201906 -0.001 107.690 -0.001
201909 -0.001 107.611 -0.001
201912 -0.002 107.769 -0.002
202003 -0.001 107.927 -0.001
202006 -0.001 108.401 -0.001
202009 -0.004 108.164 -0.005
202012 -0.002 108.559 -0.002
202103 -0.003 110.298 -0.003
202106 -0.002 111.720 -0.002
202109 -0.002 112.905 -0.002
202112 -0.003 113.774 -0.003
202203 0.001 117.646 0.001
202206 -0.006 120.806 -0.006
202209 0.002 120.648 0.002
202212 -0.019 120.964 -0.020
202303 -0.003 122.702 -0.003
202309 0.000 125.230 0.000
202312 -0.013 125.072 -0.013
202403 -0.006 126.258 -0.006

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.


Canadian Gold  (TSXV:CGC) 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.


Canadian Gold Cyclically Adjusted Price-to-FCF Related Terms

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Canadian Gold (TSXV:CGC) Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 2702, P.O.Box 86, Toronto, ON, CAN, M5H 2Y4
Canadian Gold Corp is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past-producing Tartan Lake Gold Mine Project, located in Flin Flon, Manitoba. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and the Hammond Reef Project (ON).
Executives
Jennifer L Boyle Director, Senior Officer