Hecla Mining Co (BUE:HL) Cyclically Adjusted FCF per Share: ARS147.61 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:HL Hecla Mining Co BUE:HL
53 GF Score
Price ARS24,080.00
GF Value ARS14,809.73
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hecla Mining Co Cyclically Adjusted FCF per Share?

Hecla Mining Co BUE:HL -0.45% 53 Cyclically Adjusted FCF per Share is ARS147.61 as of Mar. 2026. GuruFocus rates BUE:HL with a GF Score™ of 53/100 and a GF Value™ of ARS14,809.73 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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.

Hecla Mining Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ARS320.966. 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 ARS147.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hecla Mining Co's average Cyclically Adjusted FCF Growth Rate was 900.00% 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 Hecla Mining Co was 44.20% per year. The lowest was -81.70% per year. And the median was 15.75% per year.

As of today (2026-07-26), Hecla Mining Co's current stock price is ARS24080.00. Hecla Mining Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ARS147.61. Hecla Mining Co's Cyclically Adjusted Price-to-FCF of today is 163.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hecla Mining Co was 731.00. The lowest was 43.67. And the median was 288.75.


Hecla Mining Co  (BUE:HL) 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.

Hecla Mining Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24080.00/147.61
=163.13

* 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 Hecla Mining Co was 731.00. The lowest was 43.67. And the median was 288.75.


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.


Hecla Mining Co Cyclically Adjusted FCF per Share Related Terms


Hecla Mining Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hecla Mining Co'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.

Hecla Mining Co Cyclically Adjusted FCF per Share Chart

Hecla Mining Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.75 -10.25 0.00 11.87 107.83

Hecla Mining Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.26 36.26 61.29 107.83 147.61

BUE:HL vs SIND, MUX, GORO: Cyclically Adjusted FCF per Share Comparison

For the Other Precious Metals & Mining subindustry, Hecla Mining Co'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.


Hecla Mining Co Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

* The bar in red indicates where Hecla Mining Co's Cyclically Adjusted Price-to-FCF falls into.


BUE:HL
53GF Score
Hecla Mining Co BUE:HL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hecla Mining Co 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, Hecla Mining Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=320.966/330.2130*330.2130
=320.966

Current CPI (Mar. 2026) = 330.2130.

Hecla Mining Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.905 241.018 1.240
201609 1.672 241.428 2.287
201612 0.305 241.432 0.417
201703 0.644 243.801 0.872
201706 -0.698 244.955 -0.941
201709 0.169 246.819 0.226
201712 0.675 246.524 0.904
201803 -0.063 249.554 -0.083
201806 0.307 251.989 0.402
201809 -0.958 252.439 -1.253
201812 -2.715 251.233 -3.569
201903 -1.056 254.202 -1.372
201906 -4.549 256.143 -5.864
201909 3.288 256.759 4.229
201912 3.943 256.974 5.067
202003 -1.773 258.115 -2.268
202006 3.481 257.797 4.459
202009 6.893 260.280 8.745
202012 4.332 260.474 5.492
202103 2.754 264.877 3.433
202106 9.504 271.696 11.551
202109 2.885 274.310 3.473
202112 4.395 278.802 5.205
202203 3.243 287.504 3.725
202206 1.306 296.311 1.455
202209 -15.473 296.808 -17.214
202212 -5.619 296.797 -6.252
202303 -4.556 301.836 -4.984
202306 -11.001 305.109 -11.906
202309 -25.974 307.789 -27.866
202312 -36.502 306.746 -39.295
202403 -41.714 312.332 -44.102
202406 40.727 314.175 42.806
202409 -1.048 315.301 -1.098
202412 10.751 315.605 11.249
202503 -3.527 319.799 -3.642
202506 162.376 322.561 166.228
202509 182.184 324.800 185.220
202512 289.898 324.054 295.408
202603 320.966 330.213 320.966

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

What does a Cyclically Adjusted FCF per Share of ARS147.61 mean?
Hecla Mining Co (BUE:HL) has a Cyclically Adjusted FCF per Share of ARS147.61 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hecla Mining Co and its competitors.
Is Hecla Mining Co's Cyclically Adjusted FCF per Share too high?
Hecla Mining Co's current Cyclically Adjusted FCF per Share is ARS147.61. Overall, Hecla Mining Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hecla Mining Co's Cyclically Adjusted FCF per Share compare to SIND and MUX?
Hecla Mining Co's Cyclically Adjusted FCF per Share of ARS147.61 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hecla Mining Co and its competitors. Hecla Mining Co's current Cyclically Adjusted FCF per Share is ARS147.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hecla Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hecla Mining Co (BUE:HL) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS14,809.73, compared to a current price of ARS24,080.00 — trading 62.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS147.61. Hecla Mining Co's overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Hecla Mining Co (BUE:HL), the current Cyclically Adjusted FCF per Share is ARS147.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hecla Mining Co (BUE:HL) Overvalued in 2026?

Based on GuruFocus' analysis, Hecla Mining Co stock appears to be overvalued. The current stock price of ARS24,080.00 is trading 62.6% above its estimated GF Value™ of ARS14,809.73. GuruFocus considers Hecla Mining Co to be Significantly Overvalued.

Key valuation signals for BUE:HL:

  • Cyclically Adjusted FCF per Share: ARS147.61
  • GF Value™: ARS14,809.73 vs. price of ARS24,080.00 (62.6% above fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the BUE:HL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hecla Mining Co Business Description

Address 6500 North Mineral Drive, Suite 200, Coeur d\'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, zinc, and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada, the United States, and Mexico, and it derives a majority of its revenue from the United States.
53GF Score

Get the complete analysis for BUE:HL

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS24,080.00
Price
ARS14,809.73
GF Value