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Victoria Gold (TSX:VGCX) Cyclically Adjusted FCF per Share : C$-1.34 (As of Mar. 2024)


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What is Victoria 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.

Victoria Gold's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.272. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-1.34 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -0.40% 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 Victoria Gold was 9.60% per year. The lowest was -13.40% per year. And the median was -5.90% per year.

As of today (2024-06-04), Victoria Gold's current stock price is C$7.65. Victoria Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-1.34. Victoria Gold's Cyclically Adjusted Price-to-FCF of today is .


Victoria Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Victoria 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.

Victoria Gold Cyclically Adjusted FCF per Share Chart

Victoria Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.63 -1.69 -1.51 -1.47 -1.42

Victoria Gold Quarterly Data
May19 Aug19 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 -1.47 -1.48 -1.45 -1.42 -1.34

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

For the Gold subindustry, Victoria 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.


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

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

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



Victoria 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, Victoria 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)
=0.272/126.2576*126.2576
=0.272

Current CPI (Mar. 2024) = 126.2576.

Victoria Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.101 99.394 -0.128
201408 -0.123 99.315 -0.156
201411 -0.152 99.078 -0.194
201502 -0.078 99.078 -0.099
201505 -0.077 100.263 -0.097
201508 -0.066 100.579 -0.083
201511 -0.049 100.421 -0.062
201602 -0.045 100.421 -0.057
201605 -0.130 101.765 -0.161
201608 -0.108 101.686 -0.134
201611 -0.137 101.607 -0.170
201702 -0.105 102.476 -0.129
201705 -0.207 103.108 -0.253
201708 -0.324 103.108 -0.397
201711 -0.535 103.740 -0.651
201802 -0.481 104.688 -0.580
201805 -0.720 105.399 -0.862
201808 -1.778 106.031 -2.117
201811 -1.916 105.478 -2.293
201902 -1.658 106.268 -1.970
201905 -1.899 107.927 -2.222
201908 -1.176 108.085 -1.374
201912 0.000 107.769 0.000
202003 -0.100 107.927 -0.117
202006 -0.145 108.401 -0.169
202009 0.525 108.164 0.613
202012 0.157 108.559 0.183
202103 -0.279 110.298 -0.319
202106 -0.235 111.720 -0.266
202109 0.518 112.905 0.579
202112 0.504 113.774 0.559
202203 -0.574 117.646 -0.616
202206 0.037 120.806 0.039
202209 -0.039 120.648 -0.041
202212 -0.006 120.964 -0.006
202303 -0.157 122.702 -0.162
202306 0.072 124.203 0.073
202309 0.297 125.230 0.299
202312 0.164 125.072 0.166
202403 0.272 126.258 0.272

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


Victoria Gold  (TSX:VGCX) 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.


Victoria Gold Cyclically Adjusted FCF per Share Related Terms

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


Victoria Gold (TSX:VGCX) Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse. The exploration potential of the company's 100% owned greater Dublin Gulch property is good and includes priority targets Olive-Shamrock and Nugget-Raven.
Executives
John Charles Mcconnell Director, Senior Officer

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