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Vantex Resources (TSXV:VAX) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Vantex Resources Cyclically Adjusted Price-to-FCF Historical Data

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

Vantex Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
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Vantex Resources 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 Vantex Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Vantex 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.


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

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

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



Vantex 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.

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

For example, Vantex Resources'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)
=0.008/125.3095*125.3095
=0.008

Current CPI (Oct. 2023) = 125.3095.

Vantex Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 -0.122 97.261 -0.157
201404 -0.246 98.920 -0.312
201407 0.024 99.315 0.030
201410 -0.052 99.473 -0.066
201501 -0.110 98.209 -0.140
201504 -0.044 99.710 -0.055
201507 -0.045 100.579 -0.056
201510 -0.074 100.500 -0.092
201601 -0.034 100.184 -0.043
201604 -0.015 101.370 -0.019
201607 -0.237 101.844 -0.292
201610 -0.054 102.002 -0.066
201701 0.016 102.318 0.020
201704 -0.140 103.029 -0.170
201707 -0.065 103.029 -0.079
201710 -0.001 103.424 -0.001
201801 -0.002 104.056 -0.002
201804 -0.004 105.320 -0.005
201807 0.000 106.110 0.000
201810 0.001 105.952 0.001
201901 0.000 105.557 0.000
201904 -0.003 107.453 -0.003
201907 -0.028 108.243 -0.032
201910 -0.001 107.927 -0.001
202001 0.001 108.085 0.001
202004 0.000 107.216 0.000
202007 0.012 108.401 0.014
202010 -0.081 108.638 -0.093
202101 -0.044 109.192 -0.050
202104 -0.006 110.851 -0.007
202107 -0.002 112.431 -0.002
202110 -0.006 113.695 -0.007
202201 -0.029 114.801 -0.032
202204 -0.029 118.357 -0.031
202207 -0.012 120.964 -0.012
202210 0.006 121.517 0.006
202301 0.007 121.596 0.007
202304 -0.003 123.571 -0.003
202307 -0.021 124.914 -0.021
202310 0.008 125.310 0.008

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.


Vantex Resources  (TSXV:VAX) 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.


Vantex Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Vantex Resources (TSXV:VAX) Business Description

Traded in Other Exchanges
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C3N6
Vantex Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and development of mining properties. The company owns an interest in the Galloway project which includes several properties Hurd, Ogima North, Sandborn, Perron, Francoeur, Cadillac Rang III and Renault Bay among others.
Executives
Anthony Jackson Director, Senior Officer

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