GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Agnico Eagle Mines Ltd (NYSE:AEM) » Definitions » Cyclically Adjusted FCF per Share

AEM (Agnico Eagle Mines) Cyclically Adjusted FCF per Share : $1.01 (As of Dec. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Agnico Eagle Mines 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.

Agnico Eagle Mines's adjusted free cash flow per share for the three months ended in Dec. 2024 was $1.123. 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 $1.01 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Agnico Eagle Mines's average Cyclically Adjusted FCF Growth Rate was 45.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 37.60% 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 Agnico Eagle Mines was 37.50% per year. The lowest was -42.20% per year. And the median was 3.10% per year.

As of today (2025-04-29), Agnico Eagle Mines's current stock price is $119.02. Agnico Eagle Mines's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $1.01. Agnico Eagle Mines's Cyclically Adjusted Price-to-FCF of today is 117.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Agnico Eagle Mines was 733.09. The lowest was 62.71. And the median was 112.02.


Agnico Eagle Mines Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Agnico Eagle Mines'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.

Agnico Eagle Mines Cyclically Adjusted FCF per Share Chart

Agnico Eagle Mines Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.47 0.45 0.75 1.01

Agnico Eagle Mines Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.75 0.74 0.81 0.97 1.01

Competitive Comparison of Agnico Eagle Mines's Cyclically Adjusted FCF per Share

For the Gold subindustry, Agnico Eagle Mines'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.


Agnico Eagle Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Agnico Eagle Mines's Cyclically Adjusted Price-to-FCF falls into.


;
;

Agnico Eagle Mines 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, Agnico Eagle Mines's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.123/127.3637*127.3637
=1.123

Current CPI (Dec. 2024) = 127.3637.

Agnico Eagle Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.281 99.789 0.359
201506 0.355 100.500 0.450
201509 0.098 100.421 0.124
201512 0.036 99.947 0.046
201603 0.203 101.054 0.256
201606 0.472 102.002 0.589
201609 0.691 101.765 0.865
201612 -0.202 101.449 -0.254
201703 0.410 102.634 0.509
201706 -0.036 103.029 -0.045
201709 -0.269 103.345 -0.332
201712 -0.553 103.345 -0.682
201803 0.092 105.004 0.112
201806 -0.554 105.557 -0.668
201809 -0.735 105.636 -0.886
201812 -0.862 105.399 -1.042
201903 -0.231 106.979 -0.275
201906 -0.441 107.690 -0.522
201909 0.402 107.611 0.476
201912 0.256 107.769 0.303
202003 -0.023 107.927 -0.027
202006 -0.032 108.401 -0.038
202009 1.096 108.164 1.291
202012 0.732 108.559 0.859
202103 0.510 110.298 0.589
202106 0.828 111.720 0.944
202109 0.189 112.905 0.213
202112 0.101 113.774 0.113
202203 0.556 117.646 0.602
202206 0.492 120.806 0.519
202209 0.306 120.648 0.323
202212 -0.045 120.964 -0.047
202303 0.563 122.702 0.584
202306 0.602 124.203 0.617
202309 0.144 125.230 0.146
202312 0.607 125.072 0.618
202403 0.785 126.258 0.792
202406 1.107 127.522 1.106
202409 1.227 127.285 1.228
202412 1.123 127.364 1.123

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


Agnico Eagle Mines  (NYSE:AEM) 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.

Agnico Eagle Mines's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=119.02/1.01
=117.84

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Agnico Eagle Mines was 733.09. The lowest was 62.71. And the median was 112.02.


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.


Agnico Eagle Mines Cyclically Adjusted FCF per Share Related Terms

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


Agnico Eagle Mines Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2024 and had about 15 years of gold reserves at end 2024. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.