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Inmet Mining (FRA:MMC) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2012)


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What is Inmet Mining 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.

Inmet Mining's adjusted free cash flow per share for the three months ended in Dec. 2012 was €-2.463. 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 (2024-05-24), Inmet Mining's current stock price is €52.54. Inmet Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2012 was €0.00. Inmet Mining's Cyclically Adjusted Price-to-FCF of today is .


Inmet Mining Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Inmet Mining'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.

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Inmet Mining Cyclically Adjusted FCF per Share Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted FCF per Share
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Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Inmet Mining's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Inmet Mining'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.


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

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

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



Inmet Mining 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, Inmet Mining'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)
=-2.463/95.7598*95.7598
=-2.463

Current CPI (Dec. 2012) = 95.7598.

Inmet Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200303 -0.147 81.459 -0.173
200306 0.143 80.985 0.169
200309 0.585 81.459 0.688
200312 0.276 81.538 0.324
200403 0.783 82.091 0.913
200406 0.396 83.039 0.457
200409 0.106 82.960 0.122
200412 0.152 83.276 0.175
200503 0.421 83.987 0.480
200506 0.589 84.461 0.668
200509 0.529 85.647 0.591
200512 0.166 85.015 0.187
200603 0.736 85.805 0.821
200606 1.785 86.516 1.976
200609 1.464 86.279 1.625
200612 0.319 86.437 0.353
200703 0.719 87.780 0.784
200706 0.865 88.412 0.937
200709 -0.035 88.412 -0.038
200712 -0.249 88.491 -0.269
200803 -0.449 88.965 -0.483
200806 -0.032 91.177 -0.034
200809 0.097 91.414 0.102
200812 -1.253 89.518 -1.340
200903 0.215 90.071 0.229
200906 -1.126 90.940 -1.186
200909 0.682 90.624 0.721
200912 0.720 90.703 0.760
201003 0.899 91.335 0.943
201006 0.925 91.809 0.965
201009 0.755 92.362 0.783
201012 1.021 92.836 1.053
201103 0.921 94.338 0.935
201106 0.453 94.654 0.458
201109 0.557 95.286 0.560
201112 0.182 94.970 0.184
201203 0.360 96.155 0.359
201206 -0.192 96.076 -0.191
201209 -0.366 96.392 -0.364
201212 -2.463 95.760 -2.463

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


Inmet Mining  (FRA:MMC) 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.


Inmet Mining Cyclically Adjusted FCF per Share Related Terms

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


Inmet Mining (FRA:MMC) Business Description

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Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.