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MillenMin Ventures (TSXV:MVM.H) Cyclically Adjusted Price-to-FCF : (As of May. 09, 2024)


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What is MillenMin Ventures Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MillenMin Ventures Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MillenMin Ventures'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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MillenMin Ventures Cyclically Adjusted Price-to-FCF Chart

MillenMin Ventures Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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MillenMin Ventures Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of MillenMin Ventures's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, MillenMin Ventures'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.


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

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

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



MillenMin Ventures 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.

MillenMin Ventures's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MillenMin Ventures's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0/117.2957*117.2957
=0.000

Current CPI (Dec. 2023) = 117.2957.

MillenMin Ventures Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201308 -0.005 91.462 -0.006
201311 0.000 94.650 0.000
201402 -0.007 95.969 -0.009
201405 -0.006 96.299 -0.007
201408 -0.008 95.090 -0.010
201411 -0.005 99.487 -0.006
201502 -0.008 100.257 -0.009
201505 -0.002 99.157 -0.002
201508 0.000 97.948 0.000
201511 0.000 101.686 0.000
201602 0.000 103.225 0.000
201605 -0.002 101.686 -0.002
201608 -0.001 102.235 -0.001
201611 0.000 103.005 0.000
201702 -0.005 103.115 -0.006
201705 0.000 103.774 0.000
201708 -0.012 104.214 -0.014
201803 -0.002 105.973 -0.002
201806 -0.004 106.193 -0.004
201809 -0.011 106.852 -0.012
201812 -0.003 107.622 -0.003
201903 -0.008 108.172 -0.009
201906 -0.005 109.601 -0.005
201909 -0.005 110.260 -0.005
201912 0.005 110.700 0.005
202003 -0.001 110.920 -0.001
202006 -0.020 110.590 -0.021
202009 -0.002 107.512 -0.002
202012 0.006 109.711 0.006
202103 -0.001 111.579 -0.001
202106 -0.001 111.360 -0.001
202109 -0.001 109.051 -0.001
202112 -0.001 112.349 -0.001
202203 -0.001 113.558 -0.001
202206 -0.002 113.448 -0.002
202209 -0.002 113.778 -0.002
202212 -0.001 114.548 -0.001
202303 -0.001 115.427 -0.001
202309 0.000 116.087 0.000
202312 0.000 117.296 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.


MillenMin Ventures  (TSXV:MVM.H) 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.


MillenMin Ventures Cyclically Adjusted Price-to-FCF Related Terms

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MillenMin Ventures (TSXV:MVM.H) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
MillenMin Ventures Inc is engaged in the acquisition, exploration, and development of mineral properties.

MillenMin Ventures (TSXV:MVM.H) Headlines

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