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Ascot Resources (TSX:AOT) Cyclically Adjusted FCF per Share : C$-0.17 (As of Mar. 2024)


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What is Ascot Resources 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.

Ascot Resources's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.122. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.17 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.70% 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 Ascot Resources was 5.90% per year. The lowest was -14.50% per year. And the median was -4.60% per year.

As of today (2024-05-24), Ascot Resources's current stock price is C$0.69. Ascot Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.17. Ascot Resources's Cyclically Adjusted Price-to-FCF of today is .


Ascot Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ascot Resources'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.

Ascot Resources Cyclically Adjusted FCF per Share Chart

Ascot Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.10 -0.11 -0.13 -0.15

Ascot Resources 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 -0.14 -0.14 -0.15 -0.15 -0.17

Competitive Comparison of Ascot Resources's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Ascot Resources'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.


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

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

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



Ascot Resources 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, Ascot Resources'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)
=-0.122/126.2576*126.2576
=-0.122

Current CPI (Mar. 2024) = 126.2576.

Ascot Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 99.473 0.000
201409 -0.022 99.394 -0.028
201412 -0.020 98.367 -0.026
201503 -0.007 99.789 -0.009
201506 -0.013 100.500 -0.016
201509 -0.015 100.421 -0.019
201512 -0.069 99.947 -0.087
201603 -0.004 101.054 -0.005
201606 -0.016 102.002 -0.020
201609 -0.022 101.765 -0.027
201612 -0.012 101.449 -0.015
201703 -0.016 102.634 -0.020
201706 -0.085 103.029 -0.104
201709 -0.038 103.345 -0.046
201712 -0.015 103.345 -0.018
201803 -0.014 105.004 -0.017
201806 -0.042 105.557 -0.050
201809 -0.022 105.636 -0.026
201812 -0.026 105.399 -0.031
201903 -0.016 106.979 -0.019
201906 -0.030 107.690 -0.035
201909 -0.041 107.611 -0.048
201912 -0.027 107.769 -0.032
202003 -0.010 107.927 -0.012
202006 -0.011 108.401 -0.013
202009 -0.021 108.164 -0.025
202012 -0.030 108.559 -0.035
202103 -0.022 110.298 -0.025
202106 -0.025 111.720 -0.028
202109 -0.051 112.905 -0.057
202112 -0.081 113.774 -0.090
202203 -0.076 117.646 -0.082
202206 -0.066 120.806 -0.069
202209 -0.082 120.648 -0.086
202212 -0.038 120.964 -0.040
202303 -0.036 122.702 -0.037
202306 -0.060 124.203 -0.061
202309 -0.069 125.230 -0.070
202312 -0.092 125.072 -0.093
202403 -0.122 126.258 -0.122

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


Ascot Resources  (TSX:AOT) 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.


Ascot Resources Cyclically Adjusted FCF per Share Related Terms

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


Ascot Resources (TSX:AOT) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1050, Vancouver, BC, CAN, V6E 2M6
Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in Washington State, USA.
Executives
John Gerard Kiernan Senior Officer

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