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


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Gold Cyclically Adjusted Price-to-FCF Historical Data

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

Japan Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Japan 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 Japan Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Japan 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.


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

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

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



Japan 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.

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

For example, Japan 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)
=-0.005/126.2576*126.2576
=-0.005

Current CPI (Mar. 2024) = 126.2576.

Japan Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.008 98.604 -0.010
201406 -0.007 99.473 -0.009
201409 -0.006 99.394 -0.008
201412 -0.007 98.367 -0.009
201503 -0.008 99.789 -0.010
201506 -0.006 100.500 -0.008
201509 -0.550 100.421 -0.692
201512 0.025 99.947 0.032
201603 -0.160 101.054 -0.200
201606 -0.196 102.002 -0.243
201609 -0.043 101.765 -0.053
201612 -0.038 101.449 -0.047
201703 -0.012 102.634 -0.015
201706 -0.021 103.029 -0.026
201709 -0.040 103.345 -0.049
201712 -0.037 103.345 -0.045
201803 -0.014 105.004 -0.017
201806 -0.024 105.557 -0.029
201809 -0.014 105.636 -0.017
201812 -0.018 105.399 -0.022
201903 -0.011 106.979 -0.013
201906 -0.019 107.690 -0.022
201909 -0.025 107.611 -0.029
201912 -0.028 107.769 -0.033
202003 -0.014 107.927 -0.016
202006 -0.014 108.401 -0.016
202009 -0.009 108.164 -0.011
202012 -0.006 108.559 -0.007
202103 -0.003 110.298 -0.003
202106 0.002 111.720 0.002
202109 -0.005 112.905 -0.006
202112 -0.003 113.774 -0.003
202203 -0.004 117.646 -0.004
202206 -0.002 120.806 -0.002
202209 -0.003 120.648 -0.003
202212 -0.006 120.964 -0.006
202303 -0.005 122.702 -0.005
202309 0.000 125.230 0.000
202312 -0.002 125.072 -0.002
202403 -0.005 126.258 -0.005

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.


Japan Gold  (TSXV:JG) 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.


Japan Gold Cyclically Adjusted Price-to-FCF Related Terms

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Japan Gold (TSXV:JG) Business Description

Industry
Traded in Other Exchanges
Address
669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4
Japan Gold Corp is a mineral exploration company. It is engaged in gold and copper-gold exploration in Japan. Japan Gold's project portfolio consists of 31 projects on Japan's three largest islands, Hokkaido, Honshu, and Kyushu.
Executives
John Graham Proust Director, Senior Officer