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CanXGold Mining (TSXV:CXG) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


CanXGold Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CanXGold 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.

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CanXGold Mining Cyclically Adjusted Price-to-FCF Chart

CanXGold Mining Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Cyclically Adjusted Price-to-FCF
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CanXGold Mining Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Competitive Comparison of CanXGold Mining's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, CanXGold 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.


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

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

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



CanXGold 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.

CanXGold Mining's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2023 is calculated as:

For example, CanXGold Mining's adjusted Free Cash Flow per Share data for the three months ended in May. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May. 2023 (Change)*Current CPI (May. 2023)
=-0.002/124.0453*124.0453
=-0.002

Current CPI (May. 2023) = 124.0453.

CanXGold Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201308 -0.078 97.261 -0.099
201311 -0.103 97.182 -0.131
201402 -0.125 98.051 -0.158
201405 -0.038 99.394 -0.047
201408 0.008 99.315 0.010
201411 -0.003 99.078 -0.004
201502 -0.135 99.078 -0.169
201505 -0.151 100.263 -0.187
201508 -0.305 100.579 -0.376
201511 0.079 100.421 0.098
201602 -0.179 100.421 -0.221
201605 -0.159 101.765 -0.194
201608 -0.159 101.686 -0.194
201611 -0.507 101.607 -0.619
201702 -0.309 102.476 -0.374
201705 -0.219 103.108 -0.263
201708 -0.169 103.108 -0.203
201711 -0.179 103.740 -0.214
201802 -0.155 104.688 -0.184
201805 -0.379 105.399 -0.446
201808 -0.231 106.031 -0.270
201811 0.210 105.478 0.247
201902 -0.013 106.268 -0.015
201905 -0.029 107.927 -0.033
201908 -0.002 108.085 -0.002
201911 0.000 107.769 0.000
202002 -0.022 108.559 -0.025
202005 -0.005 107.532 -0.006
202008 -0.025 108.243 -0.029
202011 -0.004 108.796 -0.005
202102 -0.013 109.745 -0.015
202105 -0.001 111.404 -0.001
202108 -0.013 112.668 -0.014
202111 -0.030 113.932 -0.033
202202 0.006 115.986 0.006
202205 0.005 120.016 0.005
202208 -0.001 120.569 -0.001
202211 -0.002 121.675 -0.002
202302 0.000 122.070 0.000
202305 -0.002 124.045 -0.002

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.


CanXGold Mining  (TSXV:CXG) 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.


CanXGold Mining Cyclically Adjusted Price-to-FCF Related Terms

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CanXGold Mining (TSXV:CXG) Business Description

Traded in Other Exchanges
N/A
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
CanXGold Mining Corp is a Canada-based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. All the company's mineral properties are in the exploration stages.
Executives
Stefan Bender Director

CanXGold Mining (TSXV:CXG) Headlines

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