GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ecometals Ltd (OTCPK:ECMLF) » Definitions » Cyclically Adjusted FCF per Share

Ecometals (Ecometals) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2012)


View and export this data going back to 1990. Start your Free Trial

What is Ecometals Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Ecometals's adjusted free cash flow per share for the three months ended in Dec. 2012 was $-0.002. 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 Dec. 2012.

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 (2024-06-11), Ecometals's current stock price is $0.0001. Ecometals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2012 was $0.00. Ecometals's Cyclically Adjusted Price-to-FCF of today is .


Ecometals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ecometals'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.

Ecometals Cyclically Adjusted FCF per Share Chart

Ecometals Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ecometals Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 - - - - -

Competitive Comparison of Ecometals's Cyclically Adjusted FCF per Share

For the Gold subindustry, Ecometals'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.


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

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

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



Ecometals 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, Ecometals's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2012 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=-0.002/95.7598*95.7598
=-0.002

Current CPI (Dec. 2012) = 95.7598.

Ecometals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200303 -0.020 81.459 -0.024
200306 -0.022 80.985 -0.026
200309 -0.043 81.459 -0.051
200312 -0.030 81.538 -0.035
200403 -0.041 82.091 -0.048
200406 -0.041 83.039 -0.047
200409 -0.025 82.960 -0.029
200412 -0.020 83.276 -0.023
200503 -0.015 83.987 -0.017
200506 -0.010 84.461 -0.011
200509 -0.026 85.647 -0.029
200512 -0.029 85.015 -0.033
200603 -0.026 85.805 -0.029
200606 -0.034 86.516 -0.038
200609 -0.025 86.279 -0.028
200612 -0.028 86.437 -0.031
200703 -0.017 87.780 -0.019
200706 -0.015 88.412 -0.016
200709 -0.005 88.412 -0.005
200712 -0.018 88.491 -0.019
200803 -0.025 88.965 -0.027
200806 -0.016 91.177 -0.017
200809 -0.012 91.414 -0.013
200812 -0.060 89.518 -0.064
200903 -0.042 90.071 -0.045
200906 -0.021 90.940 -0.022
200909 -0.029 90.624 -0.031
200912 -0.033 90.703 -0.035
201003 -0.035 91.335 -0.037
201006 -0.030 91.809 -0.031
201009 -0.018 92.362 -0.019
201012 -0.012 92.836 -0.012
201103 -0.033 94.338 -0.033
201106 -0.037 94.654 -0.037
201109 -0.016 95.286 -0.016
201112 -0.025 94.970 -0.025
201203 -0.009 96.155 -0.009
201206 -0.017 96.076 -0.017
201209 -0.006 96.392 -0.006
201212 -0.002 95.760 -0.002

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


Ecometals  (OTCPK:ECMLF) 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.


Ecometals Cyclically Adjusted FCF per Share Related Terms

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


Ecometals (Ecometals) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suit 1305, Vancouver, BC, CAN, V6E 3V7
Ecometals Ltd is a mineral exploration company which focuses on South America. Its exploration portfolio includes gold projects in Ecuador and Brazil, and manganese gold and iron ore projects in Brazil.

Ecometals (Ecometals) Headlines

No Headlines