GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Platinum Group Metals Ltd (TSX:PTM) » Definitions » Cyclically Adjusted Price-to-FCF

Platinum Group Metals (TSX:PTM) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Platinum Group Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Platinum Group Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Platinum Group Metals'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.

Platinum Group Metals Cyclically Adjusted Price-to-FCF Chart

Platinum Group Metals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Platinum Group Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Platinum Group Metals's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Platinum Group Metals'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.


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

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

* The bar in red indicates where Platinum Group Metals's Cyclically Adjusted Price-to-FCF falls into.



Platinum Group Metals 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.

Platinum Group Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Platinum Group Metals's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.015/125.4675*125.4675
=-0.015

Current CPI (Feb. 2024) = 125.4675.

Platinum Group Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -6.405 99.394 -8.085
201408 -8.768 99.315 -11.077
201411 -8.102 99.078 -10.260
201502 -7.609 99.078 -9.636
201505 -3.496 100.263 -4.375
201508 -6.815 100.579 -8.501
201511 -6.115 100.421 -7.640
201602 -4.665 100.421 -5.828
201605 -5.362 101.765 -6.611
201608 -5.497 101.686 -6.783
201611 -4.514 101.607 -5.574
201702 -3.682 102.476 -4.508
201705 -3.009 103.108 -3.662
201708 -2.972 103.108 -3.617
201711 -1.328 103.740 -1.606
201802 -0.437 104.688 -0.524
201805 -0.529 105.399 -0.630
201808 -0.210 106.031 -0.248
201811 -0.125 105.478 -0.149
201902 -0.136 106.268 -0.161
201905 -0.173 107.927 -0.201
201908 -0.064 108.085 -0.074
201911 -0.087 107.769 -0.101
202002 -0.059 108.559 -0.068
202005 -0.028 107.532 -0.033
202008 -0.004 108.243 -0.005
202011 -0.107 108.796 -0.123
202102 0.000 109.745 0.000
202105 -0.021 111.404 -0.024
202108 -0.063 112.668 -0.070
202111 -0.061 113.932 -0.067
202202 -0.022 115.986 -0.024
202205 -0.024 120.016 -0.025
202208 -0.011 120.569 -0.011
202211 -0.033 121.675 -0.034
202302 -0.027 122.070 -0.028
202305 -0.020 124.045 -0.020
202308 -0.031 125.389 -0.031
202311 -0.028 125.468 -0.028
202402 -0.015 125.468 -0.015

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.


Platinum Group Metals  (TSX:PTM) 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.


Platinum Group Metals Cyclically Adjusted Price-to-FCF Related Terms

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


Platinum Group Metals (TSX:PTM) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6
Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co. Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold. Geographically, it operates in Canada and South Africa.
Executives
Kris Begic Senior Officer

Platinum Group Metals (TSX:PTM) Headlines