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VAR Resources (TSXV:VAR) Cyclically Adjusted FCF per Share : C$0.00 (As of Jul. 2022)


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What is VAR 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.

VAR Resources's adjusted free cash flow per share for the three months ended in Jul. 2022 was C$-0.004. 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$0.00 for the trailing ten years ended in Jul. 2022.

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.

As of today (2024-05-26), VAR Resources's current stock price is C$0.18. VAR Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2022 was C$0.00. VAR Resources's Cyclically Adjusted Price-to-FCF of today is .


VAR Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for VAR 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.

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VAR Resources Cyclically Adjusted FCF per Share Chart

VAR Resources Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Cyclically Adjusted FCF per Share
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VAR Resources Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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Competitive Comparison of VAR Resources's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, VAR 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.


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

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

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



VAR 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, VAR Resources's adjusted Free Cash Flow per Share data for the three months ended in Jul. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jul. 2022 (Change)*Current CPI (Jul. 2022)
=-0.004/120.9639*120.9639
=-0.004

Current CPI (Jul. 2022) = 120.9639.

VAR Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201210 0.083 96.550 0.104
201301 -0.128 95.839 -0.162
201304 -0.021 96.945 -0.026
201307 -0.007 97.261 -0.009
201310 -0.008 97.182 -0.010
201401 -0.037 97.261 -0.046
201404 -0.012 98.920 -0.015
201407 -0.021 99.315 -0.026
201410 -0.014 99.473 -0.017
201501 -0.008 98.209 -0.010
201504 -0.159 99.710 -0.193
201507 -0.068 100.579 -0.082
201510 -0.032 100.500 -0.039
201601 -0.044 100.184 -0.053
201604 -0.065 101.370 -0.078
201607 -0.034 101.844 -0.040
201610 -0.038 102.002 -0.045
201701 -0.042 102.318 -0.050
201704 -0.033 103.029 -0.039
201707 -0.020 103.029 -0.023
201710 -0.012 103.424 -0.014
201801 -0.019 104.056 -0.022
201804 -0.018 105.320 -0.021
201807 -0.008 106.110 -0.009
201810 -0.005 105.952 -0.006
201901 -0.004 105.557 -0.005
201904 0.000 107.453 0.000
201907 -0.002 108.243 -0.002
201910 -0.001 107.927 -0.001
202001 -0.002 108.085 -0.002
202004 0.002 107.216 0.002
202007 -0.004 108.401 -0.004
202010 -0.009 108.638 -0.010
202101 -0.023 109.192 -0.025
202104 -0.039 110.851 -0.043
202107 -0.002 112.431 -0.002
202110 0.000 113.695 0.000
202201 -0.002 114.801 -0.002
202204 -0.006 118.357 -0.006
202207 -0.004 120.964 -0.004

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


VAR Resources  (TSXV:VAR) 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.


VAR Resources Cyclically Adjusted FCF per Share Related Terms

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


VAR Resources (TSXV:VAR) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 588, Vancouver, BC, CAN, V6C 3B6
VAR Resources Corp is engaged in the exploration and acquisition of mineral properties.

VAR Resources (TSXV:VAR) Headlines

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