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Canickel Mining (Canickel Mining) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Canickel Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canickel Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canickel Mining's Cyclically Adjusted Price-to-FCF 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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Canickel Mining Cyclically Adjusted Price-to-FCF Chart

Canickel Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Canickel Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Canickel Mining's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Canickel Mining'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.


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

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

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



Canickel Mining Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Canickel Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Canickel Mining'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)
=-0.003/126.2576*126.2576
=-0.003

Current CPI (Mar. 2024) = 126.2576.

Canickel Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.008 99.473 -0.010
201409 -0.014 99.394 -0.018
201412 -0.014 98.367 -0.018
201503 -0.007 99.789 -0.009
201506 -0.004 100.500 -0.005
201509 -0.009 100.421 -0.011
201512 -0.010 99.947 -0.013
201603 -0.005 101.054 -0.006
201606 -0.005 102.002 -0.006
201609 -0.006 101.765 -0.007
201612 -0.005 101.449 -0.006
201703 -0.004 102.634 -0.005
201706 -0.007 103.029 -0.009
201709 -0.006 103.345 -0.007
201712 -0.003 103.345 -0.004
201803 -0.004 105.004 -0.005
201806 -0.007 105.557 -0.008
201809 -0.003 105.636 -0.004
201812 0.000 105.399 0.000
201903 0.002 106.979 0.002
201906 0.000 107.690 0.000
201909 0.002 107.611 0.002
201912 0.003 107.769 0.004
202003 0.001 107.927 0.001
202006 -0.001 108.401 -0.001
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.003 110.298 0.003
202106 -0.001 111.720 -0.001
202109 -0.003 112.905 -0.003
202112 -0.005 113.774 -0.006
202203 -0.007 117.646 -0.008
202206 -0.005 120.806 -0.005
202209 -0.007 120.648 -0.007
202212 -0.006 120.964 -0.006
202303 -0.008 122.702 -0.008
202306 -0.008 124.203 -0.008
202309 -0.007 125.230 -0.007
202312 -0.005 125.072 -0.005
202403 -0.003 126.258 -0.003

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


Canickel Mining  (OTCPK:CMLGF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Canickel Mining Cyclically Adjusted Price-to-FCF Related Terms

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Canickel Mining (Canickel Mining) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 1655, P.O.Box 35, Vancouver, BC, CAN, V6C 2W2
Canickel Mining Ltd is a mining company focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore. All assets of the Company are in Canada. It is also operating running the care and maintenance program at Bucko Lake Mine to safeguard assets and carry out exploration activities. It has a single segment and is focused on nickel mining including exploration and extraction and processing of nickel-containing ore.

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