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Caledonia Mining (TSX:CAL) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caledonia Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Caledonia 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.

* Premium members only.

Caledonia Mining Cyclically Adjusted Price-to-FCF Chart

Caledonia Mining 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 26.45 44.26 53.32 - -

Caledonia Mining 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 Caledonia Mining's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Caledonia 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.


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

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

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



Caledonia 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.

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

For example, Caledonia 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)
=0.084/131.7762*131.7762
=0.084

Current CPI (Mar. 2024) = 131.7762.

Caledonia Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.010 100.560 0.013
201409 0.220 100.428 0.289
201412 -0.112 99.070 -0.149
201503 -0.205 99.621 -0.271
201506 -0.078 100.684 -0.102
201509 -0.513 100.392 -0.673
201512 -0.451 99.792 -0.596
201603 -0.986 100.470 -1.293
201606 0.272 101.688 0.352
201609 0.336 101.861 0.435
201612 -0.035 101.863 -0.045
201703 -0.191 102.862 -0.245
201706 0.055 103.349 0.070
201709 0.235 104.136 0.297
201712 0.234 104.011 0.296
201803 0.224 105.290 0.280
201806 -0.827 106.317 -1.025
201809 0.179 106.507 0.221
201812 0.120 105.998 0.149
201903 0.145 107.251 0.178
201906 -0.246 108.070 -0.300
201909 -0.084 108.329 -0.102
201912 -0.042 108.420 -0.051
202003 0.647 108.902 0.783
202006 0.088 108.767 0.107
202009 -0.314 109.815 -0.377
202012 -0.033 109.897 -0.040
202103 -0.499 111.754 -0.588
202106 0.480 114.631 0.552
202109 -0.209 115.734 -0.238
202112 -0.553 117.630 -0.620
202203 0.022 121.301 0.024
202206 0.366 125.017 0.386
202209 -0.258 125.227 -0.271
202212 -0.323 125.222 -0.340
202303 -0.667 127.348 -0.690
202306 -0.966 128.729 -0.989
202309 0.508 129.860 0.515
202312 -0.695 129.419 -0.708
202403 0.084 131.776 0.084

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.


Caledonia Mining  (TSX:CAL) 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.


Caledonia Mining Cyclically Adjusted Price-to-FCF Related Terms

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


Caledonia Mining (TSX:CAL) Business Description

Traded in Other Exchanges
Address
B006 Millais House, Castle Quay, Saint Helier, JEY, JE2 3NF
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's geographical segment includes Zimbabwe and South Africa. Its operations are into Blanket Gold Mine located in the south-west of Zimbabwe. The majority of revenue is generated from the Zimbabwe segment.

Caledonia Mining (TSX:CAL) Headlines