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Sherritt International (Sherritt International) Cyclically Adjusted FCF per Share : $-0.02 (As of Dec. 2023)


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What is Sherritt International Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Sherritt International's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.045. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sherritt International's average Cyclically Adjusted FCF Growth Rate was -250.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Sherritt International was 40.00% per year. The lowest was -56.90% per year. And the median was -9.00% per year.

As of today (2024-04-28), Sherritt International's current stock price is $0.2404. Sherritt International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.02. Sherritt International's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sherritt International was 62.00. The lowest was 0.36. And the median was 4.16.


Sherritt International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sherritt International's Cyclically Adjusted FCF per Share 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.

* Premium members only.

Sherritt International Cyclically Adjusted FCF per Share Chart

Sherritt International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.12 0.05 0.01 -0.02

Sherritt International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 - -0.02 -0.02

Competitive Comparison of Sherritt International's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


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

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

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



Sherritt International Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sherritt International'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)
=-0.045/125.4675*125.4675
=-0.045

Current CPI (Dec. 2023) = 125.4675.

Sherritt International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.026 98.604 0.033
201406 0.022 99.473 0.028
201409 0.050 99.394 0.063
201412 0.041 98.367 0.052
201503 -0.003 99.789 -0.004
201506 -0.191 100.500 -0.238
201509 0.131 100.421 0.164
201512 -0.032 99.947 -0.040
201603 -0.049 101.054 -0.061
201606 -0.105 102.002 -0.129
201609 0.122 101.765 0.150
201612 -0.087 101.449 -0.108
201703 0.029 102.634 0.035
201706 -0.071 103.029 -0.086
201709 0.040 103.345 0.049
201712 -0.104 103.345 -0.126
201803 0.007 105.004 0.008
201806 -0.076 105.557 -0.090
201809 -0.003 105.636 -0.004
201812 -0.004 105.399 -0.005
201903 -0.052 106.979 -0.061
201906 0.004 107.690 0.005
201909 -0.014 107.611 -0.016
201912 -0.001 107.769 -0.001
202003 0.035 107.927 0.041
202006 -0.031 108.401 -0.036
202009 0.035 108.164 0.041
202012 0.015 108.559 0.017
202103 -0.009 110.298 -0.010
202106 -0.004 111.720 -0.004
202109 0.015 112.905 0.017
202112 -0.032 113.774 -0.035
202203 0.001 117.646 0.001
202206 0.043 120.806 0.045
202209 0.015 120.648 0.016
202212 0.056 120.964 0.058
202303 0.010 122.702 0.010
202306 0.052 124.203 0.053
202309 -0.005 125.230 -0.005
202312 -0.045 125.468 -0.045

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Sherritt International  (OTCPK:SHERF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sherritt International was 62.00. The lowest was 0.36. And the median was 4.16.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Sherritt International Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Sherritt International's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sherritt International (Sherritt International) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.

Sherritt International (Sherritt International) Headlines