GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Minerals Co (TSX:AUMN) » Definitions » Cyclically Adjusted Price-to-FCF

Golden Minerals Co (TSX:AUMN) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Golden Minerals Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Minerals Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golden Minerals Co'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.

* Premium members only.

Golden Minerals Co Cyclically Adjusted Price-to-FCF Chart

Golden Minerals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Golden Minerals Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Golden Minerals Co's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Golden Minerals Co'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.


Golden Minerals Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Minerals Co's Cyclically Adjusted Price-to-FCF falls into.



Golden Minerals Co 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.

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

For example, Golden Minerals Co'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)
=-0.138/131.7762*131.7762
=-0.138

Current CPI (Mar. 2024) = 131.7762.

Golden Minerals Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.914 100.560 -3.819
201409 -2.339 100.428 -3.069
201412 -3.462 99.070 -4.605
201503 -1.583 99.621 -2.094
201506 -1.702 100.684 -2.228
201509 -1.557 100.392 -2.044
201512 -1.225 99.792 -1.618
201603 -1.013 100.470 -1.329
201606 -0.683 101.688 -0.885
201609 -0.497 101.861 -0.643
201612 -0.391 101.863 -0.506
201703 -0.407 102.862 -0.521
201706 -0.068 103.349 -0.087
201709 0.435 104.136 0.550
201712 -0.574 104.011 -0.727
201803 -0.630 105.290 -0.788
201806 -0.402 106.317 -0.498
201809 -0.256 106.507 -0.317
201812 -0.738 105.998 -0.917
201903 -0.500 107.251 -0.614
201906 -0.130 108.070 -0.159
201909 -0.423 108.329 -0.515
201912 -0.396 108.420 -0.481
202003 -1.243 108.902 -1.504
202006 -0.626 108.767 -0.758
202009 -0.433 109.815 -0.520
202012 -0.399 109.897 -0.478
202103 -0.873 111.754 -1.029
202106 -0.209 114.631 -0.240
202109 0.377 115.734 0.429
202112 0.674 117.630 0.755
202203 -0.097 121.301 -0.105
202206 -0.609 125.017 -0.642
202209 -0.554 125.227 -0.583
202212 -0.651 125.222 -0.685
202303 -0.533 127.348 -0.552
202306 -0.302 128.729 -0.309
202309 -0.365 129.860 -0.370
202312 -0.320 129.419 -0.326
202403 -0.138 131.776 -0.138

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.


Golden Minerals Co  (TSX:AUMN) 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.


Golden Minerals Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Golden Minerals Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Minerals Co (TSX:AUMN) Business Description

Traded in Other Exchanges
Address
350 Indiana Street, Suite 650, Golden, CO, USA, 80401
Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.

Golden Minerals Co (TSX:AUMN) Headlines

From GuruFocus

Golden Minerals Reports First Quarter 2023 Results

By Business Wire Business Wire 05-10-2023

Golden Minerals Company Reports Q4 and FY 2022 Gold Production

By Business Wire Business Wire 01-11-2023

Golden Minerals Reports Full Year 2022 Results

By Business Wire Business Wire 03-22-2023

Golden Minerals Company Announces Q3 2022 Gold Production

By Business Wire Business Wire 10-17-2022

Golden Minerals to Effect 1-for-25 Reverse Stock Split

By Business Wire Business Wire 05-30-2023