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Medgold Resources (TSXV:MED) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Medgold Resources Cyclically Adjusted Price-to-FCF Historical Data

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

Medgold Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Medgold Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Medgold Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Medgold 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.


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

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

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



Medgold 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.

Medgold Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Medgold Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0/125.2304*125.2304
=0.000

Current CPI (Sep. 2023) = 125.2304.

Medgold Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.039 96.945 -0.050
201403 -0.446 98.604 -0.566
201406 -0.125 99.473 -0.157
201409 -0.188 99.394 -0.237
201412 -0.193 98.367 -0.246
201503 0.004 99.789 0.005
201506 -0.106 100.500 -0.132
201509 -0.047 100.421 -0.059
201512 -0.167 99.947 -0.209
201603 -0.072 101.054 -0.089
201606 -0.110 102.002 -0.135
201609 -0.187 101.765 -0.230
201612 -0.032 101.449 -0.040
201703 -0.144 102.634 -0.176
201706 -0.081 103.029 -0.098
201709 -0.131 103.345 -0.159
201712 -0.105 103.345 -0.127
201803 -0.037 105.004 -0.044
201806 -0.054 105.557 -0.064
201809 -0.013 105.636 -0.015
201812 -0.092 105.399 -0.109
201903 -0.010 106.979 -0.012
201906 0.021 107.690 0.024
201909 -0.017 107.611 -0.020
201912 -0.119 107.769 -0.138
202003 -0.032 107.927 -0.037
202006 -0.045 108.401 -0.052
202009 -0.069 108.164 -0.080
202012 -0.041 108.559 -0.047
202103 -0.048 110.298 -0.054
202106 -0.023 111.720 -0.026
202109 -0.021 112.905 -0.023
202112 -0.014 113.774 -0.015
202203 -0.011 117.646 -0.012
202206 -0.009 120.806 -0.009
202209 -0.007 120.648 -0.007
202212 -0.009 120.964 -0.009
202303 -0.012 122.702 -0.012
202306 -0.006 124.203 -0.006
202309 0.000 125.230 0.000

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.


Medgold Resources  (TSXV:MED) 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.


Medgold Resources Cyclically Adjusted Price-to-FCF Related Terms

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Medgold Resources (TSXV:MED) Business Description

Traded in Other Exchanges
N/A
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Medgold Resources Corp is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of resource and precious base metal properties. The company's geographical segments include Canada, Serbia and Others. Its project consists of the Tlamino gold project which is located in the Serbo-Macedonian massif which is a north-south belt, extending southwards through Macedonia and Bulgaria and into Greece. The Tlamino project comprises two contiguous licenses namely Donje Lamino and Surlica-Dukat and Ljubata Project.

Medgold Resources (TSXV:MED) Headlines