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Orezone Gold (Orezone Gold) Cyclically Adjusted FCF per Share : $-0.10 (As of Mar. 2024)


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What is Orezone 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.

Orezone Gold's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.005. 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 $-0.10 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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 Orezone Gold was 24.60% per year. The lowest was -13.30% per year. And the median was -2.20% per year.

As of today (2024-06-13), Orezone Gold's current stock price is $0.5109. Orezone Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.10. Orezone Gold's Cyclically Adjusted Price-to-FCF of today is .


Orezone Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Orezone 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.

Orezone Gold Cyclically Adjusted FCF per Share Chart

Orezone 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 -0.12 -0.13 -0.12 -0.12 -0.10

Orezone Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.11 -0.11 -0.10 -0.10 -0.10

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

For the Gold subindustry, Orezone 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.


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

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

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



Orezone 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, Orezone Gold's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.005/126.2576*126.2576
=0.005

Current CPI (Mar. 2024) = 126.2576.

Orezone Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.026 99.473 -0.033
201409 -0.028 99.394 -0.036
201412 -0.024 98.367 -0.031
201503 -0.024 99.789 -0.030
201506 -0.019 100.500 -0.024
201509 -0.011 100.421 -0.014
201512 -0.014 99.947 -0.018
201603 -0.008 101.054 -0.010
201606 -0.006 102.002 -0.007
201609 -0.006 101.765 -0.007
201612 -0.010 101.449 -0.012
201703 -0.011 102.634 -0.014
201706 -0.022 103.029 -0.027
201709 -0.011 103.345 -0.013
201712 -0.011 103.345 -0.013
201803 -0.014 105.004 -0.017
201806 -0.018 105.557 -0.022
201809 -0.011 105.636 -0.013
201812 -0.022 105.399 -0.026
201903 -0.025 106.979 -0.030
201906 -0.026 107.690 -0.030
201909 -0.028 107.611 -0.033
201912 -0.023 107.769 -0.027
202003 -0.028 107.927 -0.033
202006 -0.013 108.401 -0.015
202009 -0.017 108.164 -0.020
202012 -0.014 108.559 -0.016
202103 -0.016 110.298 -0.018
202106 -0.056 111.720 -0.063
202109 -0.077 112.905 -0.086
202112 -0.108 113.774 -0.120
202203 -0.121 117.646 -0.130
202206 -0.093 120.806 -0.097
202209 -0.110 120.648 -0.115
202212 0.022 120.964 0.023
202303 0.087 122.702 0.090
202306 0.021 124.203 0.021
202309 -0.011 125.230 -0.011
202312 0.001 125.072 0.001
202403 0.005 126.258 0.005

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


Orezone Gold  (OTCPK:ORZCF) 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.


Orezone Gold Cyclically Adjusted FCF per Share Related Terms

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


Orezone Gold (Orezone Gold) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 450, Bentall Tower 1, Vancouver, BC, CAN, V7X 1M3
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties. In addition to social responsibility and sustainability, Orezone has an experienced team in project construction and operations, financings, capital markets and M&A.

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