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Hudbay Minerals (TSX:HBM) Cyclically Adjusted FCF per Share : C$0.15 (As of Mar. 2024)


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What is Hudbay Minerals 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.

Hudbay Minerals's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.298. 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$0.15 for the trailing ten years ended in Mar. 2024.

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 Hudbay Minerals was 65.70% per year. The lowest was -41.50% per year. And the median was -9.40% per year.

As of today (2024-05-27), Hudbay Minerals's current stock price is C$13.18. Hudbay Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.15. Hudbay Minerals's Cyclically Adjusted Price-to-FCF of today is 87.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hudbay Minerals was 1251.00. The lowest was 14.50. And the median was 48.06.


Hudbay Minerals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Cyclically Adjusted FCF per Share Chart

Hudbay Minerals 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 -0.44 -0.56 -0.59 -0.55 0.05

Hudbay Minerals 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 -0.40 -0.34 -0.17 0.05 0.15

Competitive Comparison of Hudbay Minerals's Cyclically Adjusted FCF per Share

For the Copper subindustry, Hudbay Minerals'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.


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

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

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



Hudbay Minerals 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, Hudbay Minerals'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)
=0.298/126.2576*126.2576
=0.298

Current CPI (Mar. 2024) = 126.2576.

Hudbay Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.327 99.473 -1.684
201409 -0.606 99.394 -0.770
201412 -0.910 98.367 -1.168
201503 -0.716 99.789 -0.906
201506 -0.627 100.500 -0.788
201509 -0.149 100.421 -0.187
201512 -0.158 99.947 -0.200
201603 0.310 101.054 0.387
201606 0.467 102.002 0.578
201609 0.251 101.765 0.311
201612 0.546 101.449 0.680
201703 0.394 102.634 0.485
201706 0.439 103.029 0.538
201709 0.517 103.345 0.632
201712 0.202 103.345 0.247
201803 0.420 105.004 0.505
201806 0.286 105.557 0.342
201809 0.334 105.636 0.399
201812 0.411 105.399 0.492
201903 0.099 106.979 0.117
201906 0.290 107.690 0.340
201909 -0.176 107.611 -0.206
201912 0.050 107.769 0.059
202003 -0.224 107.927 -0.262
202006 -0.085 108.401 -0.099
202009 -0.337 108.164 -0.393
202012 0.016 108.559 0.019
202103 -0.150 110.298 -0.172
202106 -0.020 111.720 -0.023
202109 0.254 112.905 0.284
202112 -0.027 113.774 -0.030
202203 0.054 117.646 0.058
202206 0.425 120.806 0.444
202209 0.423 120.648 0.443
202212 -0.013 120.964 -0.014
202303 0.033 122.702 0.034
202306 -0.202 124.203 -0.205
202309 0.323 125.230 0.326
202312 0.549 125.072 0.554
202403 0.298 126.258 0.298

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


Hudbay Minerals  (TSX:HBM) 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.

Hudbay Minerals's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.18/0.15
=87.87

* 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 Hudbay Minerals was 1251.00. The lowest was 14.50. And the median was 48.06.


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.


Hudbay Minerals Cyclically Adjusted FCF per Share Related Terms

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


Hudbay Minerals (TSX:HBM) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.
Executives
Gregory Paul Dryden Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)