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ASA Gold And Precious Metals (ASA Gold And Precious Metals) Cyclically Adjusted FCF per Share : $0.00 (As of Nov. 2023)


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What is ASA Gold And Precious Metals 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.

ASA Gold And Precious Metals's adjusted free cash flow per share data for the fiscal year that ended in Nov. 2023 was $0.000. 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 $0.00 for the trailing ten years ended in Nov. 2023.

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.

As of today (2024-05-06), ASA Gold And Precious Metals's current stock price is $ 17.40. ASA Gold And Precious Metals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov. 2023 was $0.00. ASA Gold And Precious Metals's Cyclically Adjusted Price-to-FCF of today is .


ASA Gold And Precious Metals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ASA Gold And Precious Metals'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.

ASA Gold And Precious Metals Cyclically Adjusted FCF per Share Chart

ASA Gold And Precious Metals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
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ASA Gold And Precious Metals Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of ASA Gold And Precious Metals's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, ASA Gold And Precious Metals'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.


ASA Gold And Precious Metals's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ASA Gold And Precious Metals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ASA Gold And Precious Metals's Cyclically Adjusted Price-to-FCF falls into.



ASA Gold And Precious Metals 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, ASA Gold And Precious Metals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0/129.5481*129.5481
=0.000

Current CPI (Nov. 2023) = 129.5481.

ASA Gold And Precious Metals does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate it.


ASA Gold And Precious Metals  (NYSE:ASA) 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.


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.


ASA Gold And Precious Metals Cyclically Adjusted FCF per Share Related Terms

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


ASA Gold And Precious Metals (ASA Gold And Precious Metals) Business Description

Traded in Other Exchanges
N/A
Address
Three Canal Plaza, Suite 600, Portland, ME, USA, 04101
ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.
Executives
Mary Joan Hoene director 400 S EL CAMINO REAL, STE 710, SAN MATEO CA 94402
Alexander Merk officer: COO 44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Bruce D Hansen director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Nancy J. Tyminski other: Deputy CCO 3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
William Donovan director 100 VISTA CIRCLE, APARTMENT 315, PITTSBURGH PA 15238
James E Holman other: Analyst, Merk Investments, LLC THREE CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Peter Maletis officer: President 44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Anthony J. Artabane director 4 LITTLE KINGS LANE, RYE BROOK NY 10573
Zachary R Tackett officer: Secretary 77 CONGRESS STREET, APT. #1, PORTLAND ME 04101
Gino E Malaspina officer: Secretary 3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Karen Shaw officer: PFO 3 BUNKER HILL TERRACE, SCARBOROUGH ME 04074
David J Christensen officer: Vice President - Investments 400 S. EL CAMINO REAL, SUITE 710, SAN MATEO CA 94402
Danielle Kulp officer: Secretary and Deputy CCO 1409 KUTZ DRIVE, POTTSTOWN PA 19465

ASA Gold And Precious Metals (ASA Gold And Precious Metals) Headlines

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