GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » EMX Royalty Corp (AMEX:EMX) » Definitions » Cyclically Adjusted FCF per Share

EMX Royalty (EMX Royalty) Cyclically Adjusted FCF per Share : $-0.09 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is EMX Royalty 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.

EMX Royalty's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.031. 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 $-0.09 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% 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 EMX Royalty was 8.00% per year. The lowest was -6.70% per year. And the median was 3.50% per year.

As of today (2024-05-01), EMX Royalty's current stock price is $1.85. EMX Royalty's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.09. EMX Royalty's Cyclically Adjusted Price-to-FCF of today is .


EMX Royalty Cyclically Adjusted FCF per Share Historical Data

The historical data trend for EMX Royalty'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.

EMX Royalty Cyclically Adjusted FCF per Share Chart

EMX Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.10 -0.14 -0.10 -0.09

EMX Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.10 -0.10 -0.10 -0.09 -0.09

Competitive Comparison of EMX Royalty's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, EMX Royalty'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.


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

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

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



EMX Royalty 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, EMX Royalty'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)
=0.031/125.4675*125.4675
=0.031

Current CPI (Dec. 2023) = 125.4675.

EMX Royalty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.017 98.604 -0.022
201406 -0.020 99.473 -0.025
201409 -0.016 99.394 -0.020
201412 -0.004 98.367 -0.005
201503 -0.024 99.789 -0.030
201506 -0.023 100.500 -0.029
201509 -0.009 100.421 -0.011
201512 0.005 99.947 0.006
201603 -0.024 101.054 -0.030
201606 -0.016 102.002 -0.020
201609 -0.013 101.765 -0.016
201612 0.000 101.449 0.000
201703 -0.006 102.634 -0.007
201706 -0.020 103.029 -0.024
201709 -0.005 103.345 -0.006
201712 -0.004 103.345 -0.005
201803 -0.005 105.004 -0.006
201806 -0.021 105.557 -0.025
201809 -0.017 105.636 -0.020
201812 -0.012 105.399 -0.014
201903 -0.063 106.979 -0.074
201906 -0.008 107.690 -0.009
201909 -0.021 107.611 -0.024
201912 -0.041 107.769 -0.048
202003 -0.040 107.927 -0.047
202006 -0.044 108.401 -0.051
202009 -0.026 108.164 -0.030
202012 -0.018 108.559 -0.021
202103 -0.015 110.298 -0.017
202106 -0.047 111.720 -0.053
202109 -0.044 112.905 -0.049
202112 -0.329 113.774 -0.363
202203 0.151 117.646 0.161
202206 -0.044 120.806 -0.046
202209 0.002 120.648 0.002
202212 0.033 120.964 0.034
202303 -0.027 122.702 -0.028
202306 -0.011 124.203 -0.011
202309 0.068 125.230 0.068
202312 0.031 125.468 0.031

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


EMX Royalty  (AMEX:EMX) 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.


EMX Royalty Cyclically Adjusted FCF per Share Related Terms

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


EMX Royalty (EMX Royalty) Business Description

Industry
Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company's royalty and exploration portfolio mainly consists of properties in North America, Europe, Turkey, Australia, Chile, and Haiti.