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Cangold (FRA:CLDN) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2014)


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What is Cangold 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.

Cangold's adjusted free cash flow per share for the three months ended in Dec. 2014 was €-0.001. 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 €0.00 for the trailing ten years ended in Dec. 2014.

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.

As of today (2024-05-24), Cangold's current stock price is €0.01. Cangold's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2014 was €0.00. Cangold's Cyclically Adjusted Price-to-FCF of today is .


Cangold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cangold'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.

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Cangold Cyclically Adjusted FCF per Share Chart

Cangold Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cyclically Adjusted FCF per Share
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Cangold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Cangold's Cyclically Adjusted FCF per Share

For the Gold subindustry, Cangold'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.


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

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

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



Cangold 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, Cangold's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2014 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2014 (Change)*Current CPI (Dec. 2014)
=-0.001/98.3671*98.3671
=-0.001

Current CPI (Dec. 2014) = 98.3671.

Cangold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200503 -0.011 83.987 -0.013
200506 -0.073 84.461 -0.085
200509 -0.020 85.647 -0.023
200512 -0.006 85.015 -0.007
200603 -0.334 85.805 -0.383
200606 -0.004 86.516 -0.005
200609 -0.004 86.279 -0.005
200612 -0.005 86.437 -0.006
200703 -0.003 87.780 -0.003
200706 -0.005 88.412 -0.006
200709 -0.011 88.412 -0.012
200712 -0.016 88.491 -0.018
200803 -0.040 88.965 -0.044
200806 -0.009 91.177 -0.010
200809 -0.013 91.414 -0.014
200812 -0.003 89.518 -0.003
200903 -0.009 90.071 -0.010
200906 -0.002 90.940 -0.002
200909 -0.007 90.624 -0.008
200912 -0.003 90.703 -0.003
201003 -0.010 91.335 -0.011
201006 -0.006 91.809 -0.006
201009 -0.003 92.362 -0.003
201012 -0.003 92.836 -0.003
201103 -0.005 94.338 -0.005
201106 -0.006 94.654 -0.006
201109 -0.017 95.286 -0.018
201112 -0.035 94.970 -0.036
201203 -0.007 96.155 -0.007
201206 -0.008 96.076 -0.008
201209 -0.005 96.392 -0.005
201212 -0.007 95.760 -0.007
201303 -0.006 97.103 -0.006
201306 -0.003 97.182 -0.003
201309 0.000 97.419 0.000
201312 -0.003 96.945 -0.003
201403 -0.006 98.604 -0.006
201406 -0.005 99.473 -0.005
201409 -0.012 99.394 -0.012
201412 -0.001 98.367 -0.001

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


Cangold  (FRA:CLDN) 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.


Cangold Cyclically Adjusted FCF per Share Related Terms

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


Cangold (FRA:CLDN) Business Description

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Cangold Limited is a junior mineral exploration & development company. The Company's primary focus is precious metals, especially gold.

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