GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Seabridge Gold Inc (NYSE:SA) » Definitions » Cyclically Adjusted FCF per Share

Seabridge Gold (Seabridge Gold) Cyclically Adjusted FCF per Share : $-1.09 (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Seabridge Gold 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.

Seabridge Gold's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.626. 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 $-1.09 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.40% per year. 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 Seabridge Gold was -1.30% per year. The lowest was -12.90% per year. And the median was -5.25% per year.

As of today (2024-04-27), Seabridge Gold's current stock price is $15.89. Seabridge Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-1.09. Seabridge Gold's Cyclically Adjusted Price-to-FCF of today is .


Seabridge Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Seabridge Gold'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.

Seabridge Gold Cyclically Adjusted FCF per Share Chart

Seabridge Gold 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 -0.79 -0.86 -0.86 -0.94 -1.09

Seabridge Gold 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 -0.94 -0.97 -1.01 -1.06 -1.09

Competitive Comparison of Seabridge Gold's Cyclically Adjusted FCF per Share

For the Gold subindustry, Seabridge 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.


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

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

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



Seabridge Gold 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, Seabridge Gold'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)
=-0.626/125.4675*125.4675
=-0.626

Current CPI (Dec. 2023) = 125.4675.

Seabridge Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.124 98.604 -0.158
201406 -0.126 99.473 -0.159
201409 -0.235 99.394 -0.297
201412 -0.177 98.367 -0.226
201503 -0.091 99.789 -0.114
201506 -0.091 100.500 -0.114
201509 -0.125 100.421 -0.156
201512 -0.093 99.947 -0.117
201603 -0.064 101.054 -0.079
201606 -0.097 102.002 -0.119
201609 -0.146 101.765 -0.180
201612 -0.112 101.449 -0.139
201703 -0.084 102.634 -0.103
201706 -0.086 103.029 -0.105
201709 -0.131 103.345 -0.159
201712 -0.143 103.345 -0.174
201803 -0.079 105.004 -0.094
201806 -0.105 105.557 -0.125
201809 -0.222 105.636 -0.264
201812 -0.189 105.399 -0.225
201903 -0.075 106.979 -0.088
201906 -0.082 107.690 -0.096
201909 -0.144 107.611 -0.168
201912 -0.160 107.769 -0.186
202003 -0.094 107.927 -0.109
202006 -0.099 108.401 -0.115
202009 -0.096 108.164 -0.111
202012 -1.604 108.559 -1.854
202103 -0.124 110.298 -0.141
202106 -0.113 111.720 -0.127
202109 -0.260 112.905 -0.289
202112 -0.375 113.774 -0.414
202203 -0.197 117.646 -0.210
202206 -0.210 120.806 -0.218
202209 -0.649 120.648 -0.675
202212 -0.724 120.964 -0.751
202303 -0.452 122.702 -0.462
202306 -0.467 124.203 -0.472
202309 -0.699 125.230 -0.700
202312 -0.626 125.468 -0.626

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


Seabridge Gold  (NYSE:SA) 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.


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.


Seabridge Gold Cyclically Adjusted FCF per Share Related Terms

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


Seabridge Gold (Seabridge Gold) Business Description

Industry
Traded in Other Exchanges
Address
106 Front Street East, Suite 400, Toronto, ON, CAN, M5A 1E1
Seabridge Gold Inc is a development stage company involved in the evaluation, acquisition, exploration, and development of gold properties sited in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories and its newly acquired Iksut Property located in northwestern British Columbia. It has various other mineral resource projects throughout North America.