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Hudbay Minerals (Hudbay Minerals) Cyclically Adjusted FCF per Share : $0.04 (As of Dec. 2023)


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What is Hudbay Minerals Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Hudbay Minerals's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.409. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.04 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Hudbay Minerals was 65.70% per year. The lowest was -41.50% per year. And the median was -9.40% per year.

As of today (2024-04-27), Hudbay Minerals's current stock price is $8.63. Hudbay Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.04. Hudbay Minerals's Cyclically Adjusted Price-to-FCF of today is 215.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hudbay Minerals was 1251.00. The lowest was 14.50. And the median was 47.20.


Hudbay Minerals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hudbay Minerals's Cyclically Adjusted FCF per Share 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.

Hudbay Minerals Cyclically Adjusted FCF per Share Chart

Hudbay Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 -0.44 -0.47 -0.41 0.04

Hudbay Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.41 -0.30 -0.26 -0.13 0.04

Competitive Comparison of Hudbay Minerals's Cyclically Adjusted FCF per Share

For the Copper subindustry, Hudbay Minerals'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.


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

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

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



Hudbay Minerals Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hudbay Minerals'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)
=0.409/125.4675*125.4675
=0.409

Current CPI (Dec. 2023) = 125.4675.

Hudbay Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.446 98.604 -0.568
201406 -1.225 99.473 -1.545
201409 -0.550 99.394 -0.694
201412 -0.789 98.367 -1.006
201503 -0.567 99.789 -0.713
201506 -0.507 100.500 -0.633
201509 -0.112 100.421 -0.140
201512 -0.115 99.947 -0.144
201603 0.235 101.054 0.292
201606 0.362 102.002 0.445
201609 0.192 101.765 0.237
201612 0.410 101.449 0.507
201703 0.294 102.634 0.359
201706 0.330 103.029 0.402
201709 0.421 103.345 0.511
201712 0.158 103.345 0.192
201803 0.325 105.004 0.388
201806 0.218 105.557 0.259
201809 0.256 105.636 0.304
201812 0.306 105.399 0.364
201903 0.074 106.979 0.087
201906 0.218 107.690 0.254
201909 -0.133 107.611 -0.155
201912 0.038 107.769 0.044
202003 -0.161 107.927 -0.187
202006 -0.063 108.401 -0.073
202009 -0.255 108.164 -0.296
202012 0.012 108.559 0.014
202103 -0.119 110.298 -0.135
202106 -0.016 111.720 -0.018
202109 0.200 112.905 0.222
202112 -0.021 113.774 -0.023
202203 0.043 117.646 0.046
202206 0.332 120.806 0.345
202209 0.317 120.648 0.330
202212 -0.009 120.964 -0.009
202303 0.024 122.702 0.025
202306 -0.152 124.203 -0.154
202309 0.238 125.230 0.238
202312 0.409 125.468 0.409

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Hudbay Minerals  (NYSE:HBM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Hudbay Minerals's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.63/0.04
=215.75

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hudbay Minerals was 1251.00. The lowest was 14.50. And the median was 47.20.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Hudbay Minerals Cyclically Adjusted FCF per Share Related Terms

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


Hudbay Minerals (Hudbay Minerals) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.