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Skeena Resources (TSX:SKE) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Skeena Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Skeena Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Skeena Resources'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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Skeena Resources Cyclically Adjusted Price-to-FCF Chart

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

For the Other Industrial Metals & Mining subindustry, Skeena Resources'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.


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

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

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



Skeena Resources 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.

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

For example, Skeena Resources'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)
=-0.276/126.2576*126.2576
=-0.276

Current CPI (Mar. 2024) = 126.2576.

Skeena Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.487 99.473 0.618
201409 0.358 99.394 0.455
201412 -0.532 98.367 -0.683
201503 -0.060 99.789 -0.076
201506 -0.232 100.500 -0.291
201509 -0.675 100.421 -0.849
201512 -0.330 99.947 -0.417
201603 -0.183 101.054 -0.229
201606 -0.153 102.002 -0.189
201609 -0.439 101.765 -0.545
201612 -0.379 101.449 -0.472
201703 -0.103 102.634 -0.127
201706 -0.108 103.029 -0.132
201709 -0.146 103.345 -0.178
201712 -0.339 103.345 -0.414
201803 -0.042 105.004 -0.051
201806 -0.236 105.557 -0.282
201809 -0.088 105.636 -0.105
201812 -0.285 105.399 -0.341
201903 -0.036 106.979 -0.042
201906 -0.058 107.690 -0.068
201909 -0.085 107.611 -0.100
201912 -0.182 107.769 -0.213
202003 -0.222 107.927 -0.260
202006 -0.199 108.401 -0.232
202009 -0.498 108.164 -0.581
202012 -0.658 108.559 -0.765
202103 -0.621 110.298 -0.711
202106 -0.564 111.720 -0.637
202109 -0.402 112.905 -0.450
202112 -0.693 113.774 -0.769
202203 -0.239 117.646 -0.256
202206 -0.378 120.806 -0.395
202209 -0.345 120.648 -0.361
202212 -0.605 120.964 -0.631
202303 -0.231 122.702 -0.238
202306 -0.203 124.203 -0.206
202309 -0.272 125.230 -0.274
202312 -0.497 125.072 -0.502
202403 -0.276 126.258 -0.276

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.


Skeena Resources  (TSX:SKE) 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.


Skeena Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Skeena Resources (TSX:SKE) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 650, Vancouver, BC, CAN, V6E 0C3
Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.
Executives
Randy Reichert Senior Officer
Paul Geddes Senior Officer
Justin Reed Himmelright Senior Officer

Skeena Resources (TSX:SKE) Headlines