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Eldorado Gold (Eldorado Gold) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Eldorado Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eldorado Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eldorado Gold'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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Eldorado Gold Cyclically Adjusted Price-to-FCF Chart

Eldorado Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Eldorado Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Eldorado Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Eldorado Gold 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.

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

For example, Eldorado Gold'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)
=0.101/125.4675*125.4675
=0.101

Current CPI (Dec. 2023) = 125.4675.

Eldorado Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.077 98.604 -0.098
201406 -0.315 99.473 -0.397
201409 -0.074 99.394 -0.093
201412 -0.424 98.367 -0.541
201503 0.000 99.789 0.000
201506 -0.156 100.500 -0.195
201509 -0.183 100.421 -0.229
201512 -0.577 99.947 -0.724
201603 -0.362 101.054 -0.449
201606 -0.412 102.002 -0.507
201609 -0.179 101.765 -0.221
201612 -0.295 101.449 -0.365
201703 -0.182 102.634 -0.222
201706 -0.716 103.029 -0.872
201709 -0.629 103.345 -0.764
201712 -0.571 103.345 -0.693
201803 -0.278 105.004 -0.332
201806 -0.217 105.557 -0.258
201809 -0.291 105.636 -0.346
201812 -0.560 105.399 -0.667
201903 -0.420 106.979 -0.493
201906 -0.005 107.690 -0.006
201909 0.102 107.611 0.119
201912 -0.009 107.769 -0.010
202003 0.077 107.927 0.090
202006 0.360 108.401 0.417
202009 0.698 108.164 0.810
202012 0.335 108.559 0.387
202103 0.164 110.298 0.187
202106 -0.117 111.720 -0.131
202109 0.225 112.905 0.250
202112 0.170 113.774 0.187
202203 -0.092 117.646 -0.098
202206 -0.306 120.806 -0.318
202209 -0.117 120.648 -0.122
202212 0.085 120.964 0.088
202303 -0.168 122.702 -0.172
202306 -0.059 124.203 -0.060
202309 -0.033 125.230 -0.033
202312 0.101 125.468 0.101

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.


Eldorado Gold  (NYSE:EGO) 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.


Eldorado Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Eldorado Gold (Eldorado Gold) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.