GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (FRA:CJ6) » Definitions » Cyclically Adjusted FCF per Share

Cameco (FRA:CJ6) Cyclically Adjusted FCF per Share : €0.57 (As of Mar. 2024)


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

What is Cameco 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.

Cameco's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.036. 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 €0.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cameco's average Cyclically Adjusted FCF Growth Rate was 31.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.50% 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 Cameco was 49.40% per year. The lowest was -19.80% per year. And the median was 10.10% per year.

As of today (2024-05-22), Cameco's current stock price is €49.68. Cameco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.57. Cameco's Cyclically Adjusted Price-to-FCF of today is 87.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cameco was 553.00. The lowest was 20.16. And the median was 63.64.


Cameco Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cameco'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.

Cameco Cyclically Adjusted FCF per Share Chart

Cameco 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 0.31 0.27 0.35 0.41 0.53

Cameco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.43 0.49 0.53 0.53 0.57

Competitive Comparison of Cameco's Cyclically Adjusted FCF per Share

For the Uranium subindustry, Cameco'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.


Cameco's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cameco 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, Cameco's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.036/126.2576*126.2576
=0.036

Current CPI (Mar. 2024) = 126.2576.

Cameco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.235 99.473 -0.298
201409 0.242 99.394 0.307
201412 0.188 98.367 0.241
201503 0.067 99.789 0.085
201506 -0.296 100.500 -0.372
201509 -0.370 100.421 -0.465
201512 0.738 99.947 0.932
201603 -0.563 101.054 -0.703
201606 -0.196 102.002 -0.243
201609 0.568 101.765 0.705
201612 0.369 101.449 0.459
201703 -0.054 102.634 -0.066
201706 0.168 103.029 0.206
201709 0.204 103.345 0.249
201712 0.493 103.345 0.602
201803 0.412 105.004 0.495
201806 0.070 105.557 0.084
201809 0.436 105.636 0.521
201812 0.078 105.399 0.093
201903 0.117 106.979 0.138
201906 -0.137 107.690 -0.161
201909 0.361 107.611 0.424
201912 0.438 107.769 0.513
202003 0.267 107.927 0.312
202006 -0.547 108.401 -0.637
202009 -0.134 108.164 -0.156
202012 0.372 108.559 0.433
202103 0.062 110.298 0.071
202106 0.221 111.720 0.250
202109 0.290 112.905 0.324
202112 0.037 113.774 0.041
202203 0.255 117.646 0.274
202206 0.121 120.806 0.126
202209 -0.171 120.648 -0.179
202212 0.070 120.964 0.073
202303 0.296 122.702 0.305
202306 0.075 124.203 0.076
202309 0.225 125.230 0.227
202312 0.247 125.072 0.249
202403 0.036 126.258 0.036

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


Cameco  (FRA:CJ6) 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.

Cameco's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=49.68/0.57
=87.16

* 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 Cameco was 553.00. The lowest was 20.16. And the median was 63.64.


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.


Cameco Cyclically Adjusted FCF per Share Related Terms

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


Cameco (FRA:CJ6) Business Description

Industry
Traded in Other Exchanges
Address
2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3
Cameco Corp is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.

Cameco (FRA:CJ6) Headlines

No Headlines