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First Atlantic Nickel (TSXV:FAN) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is First Atlantic Nickel Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Atlantic Nickel Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Atlantic Nickel'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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First Atlantic Nickel Cyclically Adjusted Price-to-FCF Chart

First Atlantic Nickel Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Price-to-FCF
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First Atlantic Nickel Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of First Atlantic Nickel's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, First Atlantic Nickel'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.


First Atlantic Nickel's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where First Atlantic Nickel's Cyclically Adjusted Price-to-FCF falls into.



First Atlantic Nickel 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.

First Atlantic Nickel's Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, First Atlantic Nickel's adjusted Free Cash Flow per Share data for the three months ended in Oct. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.001/125.3095*125.3095
=0.001

Current CPI (Oct. 2023) = 125.3095.

First Atlantic Nickel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 -0.897 97.261 -1.156
201404 -4.804 98.920 -6.086
201407 -0.773 99.315 -0.975
201410 0.748 99.473 0.942
201501 -0.768 98.209 -0.980
201504 0.091 99.710 0.114
201507 -0.219 100.579 -0.273
201510 -0.375 100.500 -0.468
201601 -0.314 100.184 -0.393
201604 0.012 101.370 0.015
201607 -0.046 101.844 -0.057
201610 -0.101 102.002 -0.124
201701 0.009 102.318 0.011
201704 -0.078 103.029 -0.095
201707 -0.014 103.029 -0.017
201710 -0.004 103.424 -0.005
201801 -0.066 104.056 -0.079
201804 -0.017 105.320 -0.020
201807 -0.025 106.110 -0.030
201810 -0.067 105.952 -0.079
201901 -0.001 105.557 -0.001
201904 -0.034 107.453 -0.040
201907 -0.021 108.243 -0.024
201910 -0.004 107.927 -0.005
202001 -0.083 108.085 -0.096
202004 -0.023 107.216 -0.027
202007 -0.026 108.401 -0.030
202010 -0.017 108.638 -0.020
202101 -0.022 109.192 -0.025
202104 -0.038 110.851 -0.043
202107 -0.034 112.431 -0.038
202110 -0.010 113.695 -0.011
202201 -0.043 114.801 -0.047
202204 -0.008 118.357 -0.008
202207 -0.003 120.964 -0.003
202210 -0.032 121.517 -0.033
202301 -0.013 121.596 -0.013
202304 -0.016 123.571 -0.016
202307 -0.005 124.914 -0.005
202310 0.001 125.310 0.001

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.


First Atlantic Nickel  (TSXV:FAN) 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.


First Atlantic Nickel Cyclically Adjusted Price-to-FCF Related Terms

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First Atlantic Nickel (TSXV:FAN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Avante Mining Corp, formerly ArcPacific Resources Corp is a Canadian-based exploration company expanding its exploration initiative on multiple projects which include past-producing gold and silver-gold-copper mines in the Timmins gold camp, in Ontario, and in the Nicola mining division in Southern British Columbia. The company is focused on creating shareholder value through new discoveries and strategic development of its mineral properties. ArcPacific owns a stake in the LMSL Copper Gold & Silver Project in British Columbia, Canada, which is known for its copper and gold deposits. The company also has exploratory properties in Canada, including the Blackdome gold project, which has revealed continuous gold mineralization.
Executives
Adrian Allister Smith Director, Senior Officer

First Atlantic Nickel (TSXV:FAN) Headlines