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Majestic Gold (TSXV:MJS) Price-to-Free-Cash-Flow : 3.68 (As of May. 18, 2024)


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What is Majestic Gold Price-to-Free-Cash-Flow?

As of today (2024-05-18), Majestic Gold's share price is C$0.07. Majestic Gold's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.02. Hence, Majestic Gold's Price-to-Free-Cash-Flow Ratio for today is 3.68.

The historical rank and industry rank for Majestic Gold's Price-to-Free-Cash-Flow or its related term are showing as below:

TSXV:MJS' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.45   Med: 3.75   Max: 90
Current: 3.95

During the past 13 years, Majestic Gold's highest Price-to-Free-Cash-Flow Ratio was 90.00. The lowest was 1.45. And the median was 3.75.

TSXV:MJS's Price-to-Free-Cash-Flow is ranked better than
84.9% of 384 companies
in the Metals & Mining industry
Industry Median: 14.86 vs TSXV:MJS: 3.95

Majestic Gold's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.00. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$0.02.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Majestic Gold was -40.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -9.10% per year.

During the past 13 years, Majestic Gold's highest 3-Year average Free Cash Flow per Share Growth Rate was 81.70% per year. The lowest was -117.80% per year. And the median was 8.65% per year.


Majestic Gold Price-to-Free-Cash-Flow Historical Data

The historical data trend for Majestic Gold's Price-to-Free-Cash-Flow 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.

Majestic Gold Price-to-Free-Cash-Flow Chart

Majestic Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.71 8.13 3.33 3.89

Majestic Gold Quarterly Data
Sep18 Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 3.33 3.52 3.70 3.50 3.89

Competitive Comparison of Majestic Gold's Price-to-Free-Cash-Flow

For the Gold subindustry, Majestic Gold's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Majestic Gold's Price-to-Free-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Majestic Gold's Price-to-Free-Cash-Flow falls into.



Majestic Gold Price-to-Free-Cash-Flow Calculation

Majestic Gold's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=0.07/0.019
=3.68

Majestic Gold's Share Price of today is C$0.07.
Majestic Gold's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Majestic Gold  (TSXV:MJS) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Majestic Gold Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Majestic Gold's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Majestic Gold (TSXV:MJS) Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.
Executives
James Mackie Senior Officer

Majestic Gold (TSXV:MJS) Headlines

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