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


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What is Iamgold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iamgold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iamgold'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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Iamgold Cyclically Adjusted Price-to-FCF Chart

Iamgold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Iamgold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Iamgold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Iamgold'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.


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

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

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



Iamgold 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.

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

For example, Iamgold'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)
=-0.374/125.4675*125.4675
=-0.374

Current CPI (Dec. 2023) = 125.4675.

Iamgold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.191 98.604 -0.243
201406 -0.048 99.473 -0.061
201409 0.107 99.394 0.135
201412 0.020 98.367 0.026
201503 -0.053 99.789 -0.067
201506 -0.055 100.500 -0.069
201509 -0.086 100.421 -0.107
201512 -0.232 99.947 -0.291
201603 -0.046 101.054 -0.057
201606 -0.021 102.002 -0.026
201609 0.124 101.765 0.153
201612 0.004 101.449 0.005
201703 0.046 102.634 0.056
201706 0.082 103.029 0.100
201709 0.069 103.345 0.084
201712 -0.025 103.345 -0.030
201803 0.080 105.004 0.096
201806 -0.048 105.557 -0.057
201809 -0.111 105.636 -0.132
201812 -0.172 105.399 -0.205
201903 -0.131 106.979 -0.154
201906 -0.051 107.690 -0.059
201909 -0.005 107.611 -0.006
201912 0.425 107.769 0.495
202003 -0.050 107.927 -0.058
202006 0.030 108.401 0.035
202009 0.094 108.164 0.109
202012 0.044 108.559 0.051
202103 0.000 110.298 0.000
202106 -0.252 111.720 -0.283
202109 -0.128 112.905 -0.142
202112 -0.152 113.774 -0.168
202203 0.000 117.646 0.000
202206 -0.275 120.806 -0.286
202209 -0.173 120.648 -0.180
202212 -0.253 120.964 -0.262
202303 -0.386 122.702 -0.395
202306 -0.387 124.203 -0.391
202309 -0.401 125.230 -0.402
202312 -0.374 125.468 -0.374

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.


Iamgold  (NYSE:IAG) 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.


Iamgold Cyclically Adjusted Price-to-FCF Related Terms

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Iamgold (Iamgold) Business Description

Industry
Traded in Other Exchanges
Address
401 Bay Street, Suite 3200, P.O. Box 153, Toronto, ON, CAN, M5H 2Y4
Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company's operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada. A solid base of strategic assets is complemented by the Cote Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.