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Gold Resource (Gold Resource) Cyclically Adjusted Price-to-FCF : 5.60 (As of Apr. 28, 2024)


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

As of today (2024-04-28), Gold Resource's current share price is $0.504. Gold Resource's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.09. Gold Resource's Cyclically Adjusted Price-to-FCF for today is 5.60.

The historical rank and industry rank for Gold Resource's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

GORO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.65   Med: 12.79   Max: 490
Current: 5.4

During the past years, Gold Resource's highest Cyclically Adjusted Price-to-FCF was 490.00. The lowest was 2.65. And the median was 12.79.

GORO's Cyclically Adjusted Price-to-FCF is ranked better than
91.27% of 252 companies
in the Metals & Mining industry
Industry Median: 20.745 vs GORO: 5.40

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.

Gold Resource's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.011. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Resource Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gold Resource'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.

* Premium members only.

Gold Resource Cyclically Adjusted Price-to-FCF Chart

Gold Resource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.93 14.12 9.45 13.92 4.03

Gold Resource Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 13.92 10.20 6.81 4.25 4.03

Competitive Comparison of Gold Resource's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Gold Resource'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.


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

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

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



Gold Resource 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.

Gold Resource's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.504/0.09
=5.60

* 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.

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

For example, Gold Resource'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)
=-0.011/129.4194*129.4194
=-0.011

Current CPI (Dec. 2023) = 129.4194.

Gold Resource Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.149 99.695 0.193
201406 0.223 100.560 0.287
201409 -0.084 100.428 -0.108
201412 0.073 99.070 0.095
201503 -0.075 99.621 -0.097
201506 0.029 100.684 0.037
201509 -0.090 100.392 -0.116
201512 0.015 99.792 0.019
201603 -0.036 100.470 -0.046
201606 0.059 101.688 0.075
201609 0.062 101.861 0.079
201612 -0.037 101.863 -0.047
201703 0.051 102.862 0.064
201706 0.005 103.349 0.006
201709 -0.001 104.136 -0.001
201712 0.123 104.011 0.153
201803 0.114 105.290 0.140
201806 -0.039 106.317 -0.047
201809 -0.167 106.507 -0.203
201812 0.059 105.998 0.072
201903 -0.154 107.251 -0.186
201906 -0.173 108.070 -0.207
201909 -0.016 108.329 -0.019
201912 0.391 108.420 0.467
202003 0.023 108.902 0.027
202006 -0.032 108.767 -0.038
202009 0.162 109.815 0.191
202012 0.158 109.897 0.186
202103 0.034 111.754 0.039
202106 0.057 114.631 0.064
202109 -0.002 115.734 -0.002
202112 0.096 117.630 0.106
202203 -0.019 121.301 -0.020
202206 0.038 125.017 0.039
202209 -0.089 125.227 -0.092
202212 0.024 125.222 0.025
202303 -0.024 127.348 -0.024
202306 -0.039 128.729 -0.039
202309 -0.127 129.860 -0.127
202312 -0.011 129.419 -0.011

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.


Gold Resource  (AMEX:GORO) 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.


Gold Resource Cyclically Adjusted Price-to-FCF Related Terms

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


Gold Resource (Gold Resource) Business Description

Traded in Other Exchanges
Address
7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237
Gold Resource Corp is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico, and Nevada, USA. It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America.
Executives
Chet Holyoak officer: Interim CFO 7900 E UNION AVENUE, SUITE 320, DENVER CO 80237
Allen J Palmiere director, officer: CEO, President 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
Joseph Martin Driscoll director 2000 S. COLORADO BLVD, SUITE 10200, DENVER CO 80222
Kimberly C Perry officer: Chief Financial Officer 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906
Alberto Reyes officer: Chief Operating Officer 53 RIVER VALLEY DRIVE, KITCHENER A6 N2C 2V5
Lila A Murphy director 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
Ronald Little director 2234 OLD LILAC LANE, OTTAWA A6 K1H 6H7
Richard M Irvine director LAS ROSAS #339, COLONIA REFORMA, OAXACA O5 68050
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Elizabeth Ann Wilkinson officer: See Remarks 45 GLENADEN AVENUE E, TORONTO A6 M8Y 2L4
Bill M Conrad director 2886 CARRIAGE MANOR POINT, COLO SPGS CO 80906
Gregory A Patterson officer: VP Corporate Development 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906
Barry D Devlin officer: VP Exploration 7338 YELLOW FIN COURT, BLAINE WA 98230
John A Labate officer: Chief Financial Officer
Jessica M Browne officer: VP, General Counsel, Secretary 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906