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Signal Gold (TSX:SGNL) Cyclically Adjusted FCF per Share : C$-0.04 (As of Mar. 2024)


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What is Signal 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.

Signal Gold's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.007. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.04 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 Signal Gold was 50.00% per year. The lowest was 1.10% per year. And the median was 26.30% per year.

As of today (2024-05-23), Signal Gold's current stock price is C$0.105. Signal Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.04. Signal Gold's Cyclically Adjusted Price-to-FCF of today is .


Signal Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Signal 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.

Signal Gold Cyclically Adjusted FCF per Share Chart

Signal Gold Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.02 - -0.02 -

Signal 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 -0.02 -0.03 -0.04 - -0.04

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

For the Gold subindustry, Signal 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.


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

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

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



Signal 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, Signal 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)
=-0.007/126.2576*126.2576
=-0.007

Current CPI (Mar. 2024) = 126.2576.

Signal Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.011 98.051 -0.014
201405 0.019 99.394 0.024
201408 -0.011 99.315 -0.014
201411 -0.018 99.078 -0.023
201502 0.007 99.078 0.009
201505 -0.005 100.263 -0.006
201508 -0.014 100.579 -0.018
201511 -0.009 100.421 -0.011
201602 -0.022 100.421 -0.028
201605 0.028 101.765 0.035
201608 -0.065 101.686 -0.081
201611 0.004 101.607 0.005
201702 -0.025 102.476 -0.031
201705 0.046 103.108 0.056
201708 -0.003 103.108 -0.004
201803 -0.010 105.004 -0.012
201806 0.009 105.557 0.011
201809 -0.001 105.636 -0.001
201812 -0.008 105.399 -0.010
201903 -0.004 106.979 -0.005
201906 -0.055 107.690 -0.064
201909 0.001 107.611 0.001
201912 -0.013 107.769 -0.015
202003 0.019 107.927 0.022
202006 -0.003 108.401 -0.003
202009 0.024 108.164 0.028
202012 -0.011 108.559 -0.013
202103 -0.019 110.298 -0.022
202106 -0.044 111.720 -0.050
202109 -0.029 112.905 -0.032
202112 0.000 113.774 0.000
202203 -0.033 117.646 -0.035
202206 -0.043 120.806 -0.045
202209 0.005 120.648 0.005
202212 0.013 120.964 0.014
202303 -0.016 122.702 -0.016
202306 -0.042 124.203 -0.043
202309 -0.029 125.230 -0.029
202312 0.000 125.072 0.000
202403 -0.007 126.258 -0.007

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


Signal Gold  (TSX:SGNL) 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.


Signal Gold Cyclically Adjusted FCF per Share Related Terms

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


Signal Gold (TSX:SGNL) Business Description

Industry
Traded in Other Exchanges
Address
20 Adelaide St. East, Suite 915, Toronto, ON, CAN, M5C 2T6
Signal Gold Inc is gold mining, development, and exploration company focused on the top-tier Canadian mining jurisdictions of Nova Scotia and Newfoundland. The company operates mining and milling operations in the Goldboro Gold Project in Nova Scotia, the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility, and deep-water port, as well as 15,000 hectares of mineral property at Tilt Cove.
Executives
Robert Dufour Senior Officer

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