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Golden Goliath Resources (FRA:GGZA) Cyclically Adjusted FCF per Share : €-0.03 (As of Feb. 2024)


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What is Golden Goliath Resources 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.

Golden Goliath Resources's adjusted free cash flow per share for the three months ended in Feb. 2024 was €-0.004. 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 €-0.03 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.40% 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 Golden Goliath Resources was 22.20% per year. The lowest was 4.40% per year. And the median was 9.15% per year.

As of today (2024-05-17), Golden Goliath Resources's current stock price is €0.0185. Golden Goliath Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €-0.03. Golden Goliath Resources's Cyclically Adjusted Price-to-FCF of today is .


Golden Goliath Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Golden Goliath Resources'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.

Golden Goliath Resources Cyclically Adjusted FCF per Share Chart

Golden Goliath Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.05 -0.04 -0.06 -0.04

Golden Goliath Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.03 - -0.04 -0.04 -0.03

Competitive Comparison of Golden Goliath Resources's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Golden Goliath Resources'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.


Golden Goliath Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Golden Goliath Resources 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, Golden Goliath Resources's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.004/125.4675*125.4675
=-0.004

Current CPI (Feb. 2024) = 125.4675.

Golden Goliath Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.009 99.394 -0.011
201408 -0.012 99.315 -0.015
201411 -0.004 99.078 -0.005
201502 0.000 99.078 0.000
201505 0.000 100.263 0.000
201508 -0.010 100.579 -0.012
201511 -0.019 100.421 -0.024
201602 -0.001 100.421 -0.001
201605 -0.002 101.765 -0.002
201608 0.013 101.686 0.016
201611 -0.002 101.607 -0.002
201702 -0.007 102.476 -0.009
201705 -0.002 103.108 -0.002
201708 -0.006 103.108 -0.007
201711 -0.001 103.740 -0.001
201802 -0.003 104.688 -0.004
201805 0.000 105.399 0.000
201808 -0.004 106.031 -0.005
201811 -0.014 105.478 -0.017
201902 -0.032 106.268 -0.038
201905 -0.007 107.927 -0.008
201908 -0.014 108.085 -0.016
201911 -0.010 107.769 -0.012
202002 -0.010 108.559 -0.012
202005 -0.007 107.532 -0.008
202008 -0.023 108.243 -0.027
202011 -0.023 108.796 -0.027
202102 -0.021 109.745 -0.024
202105 0.000 111.404 0.000
202108 -0.036 112.668 -0.040
202111 -0.034 113.932 -0.037
202202 0.008 115.986 0.009
202205 -0.002 120.016 -0.002
202208 -0.006 120.569 -0.006
202211 -0.007 121.675 -0.007
202302 -0.012 122.070 -0.012
202305 0.000 124.045 0.000
202308 0.001 125.389 0.001
202311 -0.011 125.468 -0.011
202402 -0.004 125.468 -0.004

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


Golden Goliath Resources  (FRA:GGZA) 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.


Golden Goliath Resources Cyclically Adjusted FCF per Share Related Terms

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


Golden Goliath Resources (FRA:GGZA) Business Description

Traded in Other Exchanges
Address
688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Golden Goliath Resources Ltd is an exploration stage company. Its principal business activity is the acquisition and exploration of resource properties. It has properties in Ontario, Canada namely KWAI property and SLF property in the Red Lake District, the Wish Ore property in townships of Wishat and Palmer and in Mexico namely San Timoteo and NSR Royalties.

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