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Emerita Resources (TSXV:EMO) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Emerita Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerita Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emerita 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.

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Emerita Resources Cyclically Adjusted Price-to-FCF Chart

Emerita Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Emerita 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 Emerita Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Emerita 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.


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

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

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



Emerita 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.

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

For example, Emerita 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)
=-0.011/126.2576*126.2576
=-0.011

Current CPI (Mar. 2024) = 126.2576.

Emerita Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.069 99.473 -0.088
201409 -0.030 99.394 -0.038
201412 -0.109 98.367 -0.140
201503 -0.036 99.789 -0.046
201506 0.013 100.500 0.016
201509 -0.005 100.421 -0.006
201512 -0.007 99.947 -0.009
201603 -0.013 101.054 -0.016
201606 -0.043 102.002 -0.053
201609 -0.009 101.765 -0.011
201612 -0.009 101.449 -0.011
201703 -0.013 102.634 -0.016
201706 -0.016 103.029 -0.020
201709 -0.020 103.345 -0.024
201712 -0.051 103.345 -0.062
201803 -0.076 105.004 -0.091
201806 -0.040 105.557 -0.048
201809 -0.013 105.636 -0.016
201812 -0.001 105.399 -0.001
201903 -0.008 106.979 -0.009
201906 -0.025 107.690 -0.029
201909 -0.005 107.611 -0.006
201912 0.000 107.769 0.000
202003 -0.002 107.927 -0.002
202006 0.000 108.401 0.000
202009 -0.018 108.164 -0.021
202012 -0.004 108.559 -0.005
202103 -0.013 110.298 -0.015
202106 -0.006 111.720 -0.007
202109 -0.010 112.905 -0.011
202112 -0.016 113.774 -0.018
202203 -0.010 117.646 -0.011
202206 -0.018 120.806 -0.019
202209 -0.020 120.648 -0.021
202212 -0.034 120.964 -0.035
202303 -0.028 122.702 -0.029
202306 -0.019 124.203 -0.019
202309 -0.019 125.230 -0.019
202312 -0.020 125.072 -0.020
202403 -0.011 126.258 -0.011

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.


Emerita Resources  (TSXV:EMO) 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.


Emerita Resources Cyclically Adjusted Price-to-FCF Related Terms

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Emerita Resources (TSXV:EMO) Business Description

Traded in Other Exchanges
Address
36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3
Emerita Resources Corp is a natural resource company engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain. The company has a 100% interest in the Iberian Belt West project which cover 1,546 hectares located in the Iberian Pyrite Belt in southern Spain as well as the Nuevo Tintillo project which covers 6,875 hectares in the eastern part of the Iberian Pyrite Belt between the deposits of Aznalcollar to the southeast and Rio Tinto to the northwest.
Executives
Joaquin Merino Marquez Senior Officer