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GLDG (GoldMining) Cyclically Adjusted FCF per Share : $-0.06 (As of Aug. 2024)


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What is GoldMining 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.

GoldMining's adjusted free cash flow per share for the three months ended in Aug. 2024 was $-0.032. 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 $-0.06 for the trailing ten years ended in Aug. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 GoldMining was 4.40% per year. The lowest was 4.40% per year. And the median was 4.40% per year.

As of today (2025-01-19), GoldMining's current stock price is $0.7949. GoldMining's Cyclically Adjusted FCF per Share for the quarter that ended in Aug. 2024 was $-0.06. GoldMining's Cyclically Adjusted Price-to-FCF of today is .


GoldMining Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GoldMining'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.

GoldMining Cyclically Adjusted FCF per Share Chart

GoldMining Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.06 -0.06 -0.05 -0.05

GoldMining Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.05 -0.05 -0.05 -0.05 -0.06

Competitive Comparison of GoldMining's Cyclically Adjusted FCF per Share

For the Gold subindustry, GoldMining'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=-0.032/127.8378*127.8378
=-0.032

Current CPI (Aug. 2024) = 127.8378.

GoldMining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201411 -0.010 99.078 -0.013
201502 -0.011 99.078 -0.014
201505 -0.009 100.263 -0.011
201508 -0.008 100.579 -0.010
201511 -0.005 100.421 -0.006
201602 -0.008 100.421 -0.010
201605 -0.011 101.765 -0.014
201608 -0.012 101.686 -0.015
201611 -0.009 101.607 -0.011
201702 -0.013 102.476 -0.016
201705 -0.018 103.108 -0.022
201708 -0.008 103.108 -0.010
201711 -0.010 103.740 -0.012
201802 -0.009 104.688 -0.011
201805 -0.008 105.399 -0.010
201808 -0.008 106.031 -0.010
201811 -0.005 105.478 -0.006
201902 -0.009 106.268 -0.011
201905 -0.006 107.927 -0.007
201908 -0.006 108.085 -0.007
201911 -0.006 107.769 -0.007
202002 -0.011 108.559 -0.013
202005 -0.010 107.532 -0.012
202008 -0.009 108.243 -0.011
202011 -0.014 108.796 -0.016
202102 -0.012 109.745 -0.014
202105 -0.011 111.404 -0.013
202108 -0.011 112.668 -0.012
202111 -0.008 113.932 -0.009
202202 -0.014 115.986 -0.015
202205 -0.014 120.016 -0.015
202208 -0.013 120.569 -0.014
202211 -0.015 121.675 -0.016
202302 -0.018 122.070 -0.019
202305 -0.026 124.045 -0.027
202308 -0.035 125.389 -0.036
202311 -0.023 125.468 -0.023
202402 -0.016 125.468 -0.016
202405 -0.023 127.601 -0.023
202408 -0.032 127.838 -0.032

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


GoldMining  (AMEX:GLDG) 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.


GoldMining Cyclically Adjusted FCF per Share Related Terms

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


GoldMining Business Description

Industry
Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 4A2
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and Peru. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia, Crucero project, located in Peru, Sao Jorge, Batistao, Boa Vista, located in Brazil, Yellowknife Gold Project, located in the Northwest Territories, Canada, and other projects. The company earns maximum revenue from Canada.