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ATEX Resources (ATEX Resources) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is ATEX Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ATEX Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ATEX Resources'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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ATEX Resources Cyclically Adjusted Price-to-FCF Chart

ATEX Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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ATEX Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of ATEX Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, ATEX 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.


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

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

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



ATEX Resources 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.

ATEX Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ATEX Resources's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.023/125.0724*125.0724
=-0.023

Current CPI (Dec. 2023) = 125.0724.

ATEX Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.030 98.604 -0.038
201406 0.000 99.473 0.000
201409 -0.021 99.394 -0.026
201412 -0.011 98.367 -0.014
201503 -0.030 99.789 -0.038
201506 -0.027 100.500 -0.034
201509 -0.008 100.421 -0.010
201512 -0.002 99.947 -0.003
201603 -0.002 101.054 -0.002
201606 -0.002 102.002 -0.002
201609 -0.003 101.765 -0.004
201612 -0.005 101.449 -0.006
201703 -0.031 102.634 -0.038
201706 -0.064 103.029 -0.078
201709 -0.096 103.345 -0.116
201712 -0.014 103.345 -0.017
201803 0.000 105.004 0.000
201806 -0.017 105.557 -0.020
201809 -0.012 105.636 -0.014
201812 -0.007 105.399 -0.008
201903 -0.009 106.979 -0.011
201906 -0.011 107.690 -0.013
201909 -0.011 107.611 -0.013
201912 -0.006 107.769 -0.007
202003 -0.013 107.927 -0.015
202006 -0.009 108.401 -0.010
202009 -0.021 108.164 -0.024
202012 -0.006 108.559 -0.007
202103 -0.004 110.298 -0.005
202106 -0.007 111.720 -0.008
202109 0.003 112.905 0.003
202112 -0.010 113.774 -0.011
202203 0.002 117.646 0.002
202206 0.000 120.806 0.000
202209 -0.045 120.648 -0.047
202212 -0.018 120.964 -0.019
202303 0.012 122.702 0.012
202306 -0.003 124.203 -0.003
202309 -0.093 125.230 -0.093
202312 -0.023 125.072 -0.023

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.


ATEX Resources  (OTCPK:ECRTF) 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.


ATEX Resources Cyclically Adjusted Price-to-FCF Related Terms

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ATEX Resources (ATEX Resources) Business Description

Traded in Other Exchanges
Address
25 Adelaide Street East, Suite 1900, Toronto, ON, CAN, M5C 3A1
ATEX Resources Inc is a minerals exploration company engaged in the acquisition and development of properties located in Chile and Colombia in South America. Its Apolo concessions comprise three properties, Alicia, Roma, and Condor, located within the northern extension of the Maricunga Mineral Belt, Region III, Chile. In addition, the firm also holds an interest in Valeriano Property.

ATEX Resources (ATEX Resources) Headlines