GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (NYSE:CCJ) » Definitions » Cyclically Adjusted Price-to-FCF

Cameco (Cameco) Cyclically Adjusted Price-to-FCF : 82.25 (As of Apr. 27, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Cameco Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Cameco's current share price is $49.35. Cameco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.60. Cameco's Cyclically Adjusted Price-to-FCF for today is 82.25.

The historical rank and industry rank for Cameco's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CCJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.16   Med: 63.64   Max: 553
Current: 85.8

During the past years, Cameco's highest Cyclically Adjusted Price-to-FCF was 553.00. The lowest was 20.16. And the median was 63.64.

CCJ's Cyclically Adjusted Price-to-FCF is ranked worse than
95.83% of 72 companies
in the Other Energy Sources industry
Industry Median: 10.66 vs CCJ: 85.80

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.

Cameco's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.269. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cameco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cameco'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.

* Premium members only.

Cameco Cyclically Adjusted Price-to-FCF Chart

Cameco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.78 40.78 55.15 51.03 72.74

Cameco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 51.03 56.58 58.72 71.58 72.74

Competitive Comparison of Cameco's Cyclically Adjusted Price-to-FCF

For the Uranium subindustry, Cameco'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.


Cameco's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cameco 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.

Cameco's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.35/0.6
=82.25

* 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.

Cameco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cameco'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)
=0.269/125.4675*125.4675
=0.269

Current CPI (Dec. 2023) = 125.4675.

Cameco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.238 98.604 -0.303
201406 -0.319 99.473 -0.402
201409 0.311 99.394 0.393
201412 0.232 98.367 0.296
201503 0.072 99.789 0.091
201506 -0.332 100.500 -0.414
201509 -0.416 100.421 -0.520
201512 0.804 99.947 1.009
201603 -0.627 101.054 -0.778
201606 -0.221 102.002 -0.272
201609 0.637 101.765 0.785
201612 0.390 101.449 0.482
201703 -0.058 102.634 -0.071
201706 0.189 103.029 0.230
201709 0.244 103.345 0.296
201712 0.583 103.345 0.708
201803 0.507 105.004 0.606
201806 0.082 105.557 0.097
201809 0.509 105.636 0.605
201812 0.089 105.399 0.106
201903 0.133 106.979 0.156
201906 -0.155 107.690 -0.181
201909 0.398 107.611 0.464
201912 0.487 107.769 0.567
202003 0.296 107.927 0.344
202006 -0.616 108.401 -0.713
202009 -0.158 108.164 -0.183
202012 0.452 108.559 0.522
202103 0.074 110.298 0.084
202106 0.267 111.720 0.300
202109 0.341 112.905 0.379
202112 0.042 113.774 0.046
202203 0.281 117.646 0.300
202206 0.128 120.806 0.133
202209 -0.169 120.648 -0.176
202212 0.074 120.964 0.077
202303 0.317 122.702 0.324
202306 0.081 124.203 0.082
202309 0.241 125.230 0.241
202312 0.269 125.468 0.269

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.


Cameco  (NYSE:CCJ) 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.


Cameco Cyclically Adjusted Price-to-FCF Related Terms

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


Cameco (Cameco) Business Description

Industry
Traded in Other Exchanges
Address
2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3
Cameco Corp is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.