GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Indico Resources Ltd (TSXV:IDI.H) » Definitions » Cyclically Adjusted FCF per Share

Indico Resources (TSXV:IDI.H) Cyclically Adjusted FCF per Share : C$-0.17 (As of Feb. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Indico 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.

Indico Resources's adjusted free cash flow per share for the three months ended in Feb. 2024 was C$-0.003. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.17 for the trailing ten years ended in Feb. 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 Indico Resources was 14.50% per year. The lowest was -3.20% per year. And the median was 4.80% per year.

As of today (2024-06-01), Indico Resources's current stock price is C$0.105. Indico Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$-0.17. Indico Resources's Cyclically Adjusted Price-to-FCF of today is .


Indico Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Indico 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.

Indico Resources Cyclically Adjusted FCF per Share Chart

Indico Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.54 - - - -0.40

Indico Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.43 -0.40 -0.33 -0.32 -0.17

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

For the Other Industrial Metals & Mining subindustry, Indico 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.


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

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

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



Indico 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, Indico Resources's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.003/125.4675*125.4675
=-0.003

Current CPI (Feb. 2024) = 125.4675.

Indico Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.194 99.394 -0.245
201408 -0.231 99.315 -0.292
201411 -0.012 99.078 -0.015
201502 -0.014 99.078 -0.018
201505 -0.484 100.263 -0.606
201508 -0.007 100.579 -0.009
201511 -0.004 100.421 -0.005
201602 -0.006 100.421 -0.007
201605 -0.013 101.765 -0.016
201608 -0.020 101.686 -0.025
201611 0.004 101.607 0.005
201702 0.014 102.476 0.017
201705 -0.020 103.108 -0.024
201708 -0.032 103.108 -0.039
201711 0.004 103.740 0.005
201802 -0.007 104.688 -0.008
201805 0.015 105.399 0.018
201808 -0.005 106.031 -0.006
201811 -0.007 105.478 -0.008
201902 -0.004 106.268 -0.005
201905 -0.001 107.927 -0.001
201908 0.000 108.085 0.000
201911 0.000 107.769 0.000
202002 -0.002 108.559 -0.002
202005 0.000 107.532 0.000
202008 0.000 108.243 0.000
202011 -0.014 108.796 -0.016
202102 -0.006 109.745 -0.007
202105 0.000 111.404 0.000
202108 -0.010 112.668 -0.011
202111 -0.009 113.932 -0.010
202202 0.000 115.986 0.000
202205 0.000 120.016 0.000
202208 0.000 120.569 0.000
202211 -0.008 121.675 -0.008
202302 -0.006 122.070 -0.006
202305 -0.002 124.045 -0.002
202308 -0.001 125.389 -0.001
202311 -0.011 125.468 -0.011
202402 -0.003 125.468 -0.003

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


Indico Resources  (TSXV:IDI.H) 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.


Indico Resources Cyclically Adjusted FCF per Share Related Terms

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


Indico Resources (TSXV:IDI.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Indico Resources Ltd is a Canadian based exploration stage company. It is engaged in the acquisition, exploration, and development of natural resources in Peru. The company is involved in surface exploration. Its project includes Imrin project. The Irmin project lies along the northern extension of the Southern Peru Porphyry Copper Belt, in the districts of Yanaquihua and Chicas in the province of Condesuyos, Department of Arequipa of southern Peru. The Toquepala, Quellaveco, Cuajone, and Cerro Verde Mines are on regional trend to the southeast.

Indico Resources (TSXV:IDI.H) Headlines

No Headlines