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


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Euromax Resources Cyclically Adjusted Price-to-FCF Historical Data

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

Euromax Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Euromax 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 Euromax Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Euromax 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.


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

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

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



Euromax 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.

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

For example, Euromax 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)
=-0.001/129.4194*129.4194
=-0.001

Current CPI (Dec. 2023) = 129.4194.

Euromax Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.012 99.695 -0.016
201406 -0.015 100.560 -0.019
201409 -0.009 100.428 -0.012
201412 -0.012 99.070 -0.016
201503 -0.030 99.621 -0.039
201506 -0.040 100.684 -0.051
201509 -0.025 100.392 -0.032
201512 -0.030 99.792 -0.039
201603 -0.017 100.470 -0.022
201606 -0.029 101.688 -0.037
201609 -0.022 101.861 -0.028
201612 -0.022 101.863 -0.028
201703 -0.008 102.862 -0.010
201706 -0.004 103.349 -0.005
201709 -0.003 104.136 -0.004
201712 -0.015 104.011 -0.019
201803 -0.002 105.290 -0.002
201806 -0.011 106.317 -0.013
201809 -0.004 106.507 -0.005
201812 -0.004 105.998 -0.005
201903 -0.003 107.251 -0.004
201906 -0.004 108.070 -0.005
201909 -0.002 108.329 -0.002
201912 -0.003 108.420 -0.004
202003 -0.002 108.902 -0.002
202006 -0.002 108.767 -0.002
202009 -0.003 109.815 -0.004
202012 -0.002 109.897 -0.002
202103 -0.002 111.754 -0.002
202106 -0.002 114.631 -0.002
202109 -0.002 115.734 -0.002
202112 -0.002 117.630 -0.002
202203 -0.001 121.301 -0.001
202206 -0.001 125.017 -0.001
202209 -0.001 125.227 -0.001
202212 -0.001 125.222 -0.001
202303 -0.001 127.348 -0.001
202306 -0.002 128.729 -0.002
202309 -0.001 129.860 -0.001
202312 -0.001 129.419 -0.001

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.


Euromax Resources  (OTCPK:EOXFF) 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.


Euromax Resources Cyclically Adjusted Price-to-FCF Related Terms

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Euromax Resources (Euromax Resources) Business Description

Traded in Other Exchanges
Address
Boulevard Partizanski Odredi No. 14, 1/2-3 Skopje, Skopje, MKD, 1000
Euromax Resources Ltd is a Canadian-based firm focused on developing the Ilovica-Shtuka copper and gold project in Macedonia, the mining project in the country and the greenfield development in the Balkans for many years. The group operates in one sector in the mining industry, i.e. the exploration and development of mineral rights interests.

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