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Southern Copper (STU:PCU) Cyclically Adjusted FCF per Share : €1.73 (As of Mar. 2024)


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What is Southern Copper 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.

Southern Copper's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.525. 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 €1.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southern Copper's average Cyclically Adjusted FCF Growth Rate was 21.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% 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 Southern Copper was 74.40% per year. The lowest was -16.70% per year. And the median was 14.70% per year.

As of today (2024-05-26), Southern Copper's current stock price is €108.35. Southern Copper's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.73. Southern Copper's Cyclically Adjusted Price-to-FCF of today is 62.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Southern Copper was 81.03. The lowest was 16.72. And the median was 41.35.


Southern Copper Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Southern Copper'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.

Southern Copper Cyclically Adjusted FCF per Share Chart

Southern Copper 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 0.65 0.78 1.10 1.38 1.65

Southern Copper 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 1.43 1.50 1.68 1.65 1.73

Competitive Comparison of Southern Copper's Cyclically Adjusted FCF per Share

For the Copper subindustry, Southern Copper'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.


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

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

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



Southern Copper 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, Southern Copper'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)
=0.525/131.7762*131.7762
=0.525

Current CPI (Mar. 2024) = 131.7762.

Southern Copper Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.023 100.560 -0.030
201409 0.022 100.428 0.029
201412 -0.180 99.070 -0.239
201503 -0.028 99.621 -0.037
201506 0.055 100.684 0.072
201509 -0.060 100.392 -0.079
201512 -0.280 99.792 -0.370
201603 -0.183 100.470 -0.240
201606 -0.088 101.688 -0.114
201609 0.036 101.861 0.047
201612 0.011 101.863 0.014
201703 0.293 102.862 0.375
201706 0.116 103.349 0.148
201709 0.240 104.136 0.304
201712 0.415 104.011 0.526
201803 0.368 105.290 0.461
201806 0.167 106.317 0.207
201809 0.494 106.507 0.611
201812 0.176 105.998 0.219
201903 0.225 107.251 0.276
201906 0.265 108.070 0.323
201909 0.468 108.329 0.569
201912 0.426 108.420 0.518
202003 0.433 108.902 0.524
202006 0.348 108.767 0.422
202009 0.716 109.815 0.859
202012 0.897 109.897 1.076
202103 0.591 111.754 0.697
202106 0.894 114.631 1.028
202109 1.064 115.734 1.211
202112 1.168 117.630 1.308
202203 0.715 121.301 0.777
202206 0.103 125.017 0.109
202209 0.468 125.227 0.492
202212 0.956 125.222 1.006
202303 1.132 127.348 1.171
202306 0.644 128.729 0.659
202309 0.944 129.860 0.958
202312 0.335 129.419 0.341
202403 0.525 131.776 0.525

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


Southern Copper  (STU:PCU) 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.

Southern Copper's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=108.35/1.73
=62.63

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Southern Copper was 81.03. The lowest was 16.72. And the median was 41.35.


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.


Southern Copper Cyclically Adjusted FCF per Share Related Terms

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


Southern Copper (STU:PCU) Business Description

Address
7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.

Southern Copper (STU:PCU) Headlines

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