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Hudbay Minerals (TSX:HBM) Cyclically Adjusted Price-to-FCF : 87.87 (As of May. 27, 2024)


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What is Hudbay Minerals Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Hudbay Minerals's current share price is C$13.18. Hudbay Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.15. Hudbay Minerals's Cyclically Adjusted Price-to-FCF for today is 87.87.

The historical rank and industry rank for Hudbay Minerals's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:HBM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.5   Med: 48.06   Max: 1251
Current: 90.03

During the past years, Hudbay Minerals's highest Cyclically Adjusted Price-to-FCF was 1251.00. The lowest was 14.50. And the median was 48.06.

TSX:HBM's Cyclically Adjusted Price-to-FCF is ranked worse than
84.62% of 247 companies
in the Metals & Mining industry
Industry Median: 22.19 vs TSX:HBM: 90.03

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Hudbay Minerals's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.298. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudbay Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Cyclically Adjusted Price-to-FCF Chart

Hudbay Minerals 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 - - - - 138.63

Hudbay Minerals 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 - - - 138.63 64.76

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

For the Copper subindustry, Hudbay Minerals'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.


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

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

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



Hudbay Minerals 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.

Hudbay Minerals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.18/0.15
=87.87

* 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.

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

For example, Hudbay Minerals'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)
=0.298/126.2576*126.2576
=0.298

Current CPI (Mar. 2024) = 126.2576.

Hudbay Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.327 99.473 -1.684
201409 -0.606 99.394 -0.770
201412 -0.910 98.367 -1.168
201503 -0.716 99.789 -0.906
201506 -0.627 100.500 -0.788
201509 -0.149 100.421 -0.187
201512 -0.158 99.947 -0.200
201603 0.310 101.054 0.387
201606 0.467 102.002 0.578
201609 0.251 101.765 0.311
201612 0.546 101.449 0.680
201703 0.394 102.634 0.485
201706 0.439 103.029 0.538
201709 0.517 103.345 0.632
201712 0.202 103.345 0.247
201803 0.420 105.004 0.505
201806 0.286 105.557 0.342
201809 0.334 105.636 0.399
201812 0.411 105.399 0.492
201903 0.099 106.979 0.117
201906 0.290 107.690 0.340
201909 -0.176 107.611 -0.206
201912 0.050 107.769 0.059
202003 -0.224 107.927 -0.262
202006 -0.085 108.401 -0.099
202009 -0.337 108.164 -0.393
202012 0.016 108.559 0.019
202103 -0.150 110.298 -0.172
202106 -0.020 111.720 -0.023
202109 0.254 112.905 0.284
202112 -0.027 113.774 -0.030
202203 0.054 117.646 0.058
202206 0.425 120.806 0.444
202209 0.423 120.648 0.443
202212 -0.013 120.964 -0.014
202303 0.033 122.702 0.034
202306 -0.202 124.203 -0.205
202309 0.323 125.230 0.326
202312 0.549 125.072 0.554
202403 0.298 126.258 0.298

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.


Hudbay Minerals  (TSX:HBM) 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.


Hudbay Minerals Cyclically Adjusted Price-to-FCF Related Terms

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


Hudbay Minerals (TSX:HBM) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.
Executives
Gregory Paul Dryden Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)