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Sandstorm Gold (FRA:AYS1) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Sandstorm Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sandstorm Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sandstorm Gold'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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Sandstorm Gold Cyclically Adjusted Price-to-FCF Chart

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

For the Gold subindustry, Sandstorm Gold'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.


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

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

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



Sandstorm Gold 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.

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

For example, Sandstorm Gold'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)
=0.089/126.2576*126.2576
=0.089

Current CPI (Mar. 2024) = 126.2576.

Sandstorm Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.057 99.473 0.072
201409 0.001 99.394 0.001
201412 0.014 98.367 0.018
201503 -0.395 99.789 -0.500
201506 0.060 100.500 0.075
201509 0.035 100.421 0.044
201512 -1.091 99.947 -1.378
201603 0.023 101.054 0.029
201606 0.028 102.002 0.035
201609 0.057 101.765 0.071
201612 0.060 101.449 0.075
201703 0.059 102.634 0.073
201706 0.065 103.029 0.080
201709 0.045 103.345 0.055
201712 0.040 103.345 0.049
201803 -0.144 105.004 -0.173
201806 0.060 105.557 0.072
201809 0.050 105.636 0.060
201812 0.050 105.399 0.060
201903 -0.090 106.979 -0.106
201906 0.056 107.690 0.066
201909 0.020 107.611 0.023
201912 -0.004 107.769 -0.005
202003 0.078 107.927 0.091
202006 0.055 108.401 0.064
202009 0.077 108.164 0.090
202012 0.069 108.559 0.080
202103 0.100 110.298 0.114
202106 -0.421 111.720 -0.476
202109 0.038 112.905 0.042
202112 -0.014 113.774 -0.016
202203 0.090 117.646 0.097
202206 -0.033 120.806 -0.034
202209 -1.914 120.648 -2.003
202212 -0.195 120.964 -0.204
202303 0.113 122.702 0.116
202306 0.093 124.203 0.095
202309 0.092 125.230 0.093
202312 0.110 125.072 0.111
202403 0.089 126.258 0.089

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.


Sandstorm Gold  (FRA:AYS1) 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.


Sandstorm Gold Cyclically Adjusted Price-to-FCF Related Terms

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Sandstorm Gold (FRA:AYS1) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6
Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.

Sandstorm Gold (FRA:AYS1) Headlines

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