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Kinross Gold (LTS:0R2D) Cyclically Adjusted FCF per Share : C$0.00 (As of Mar. 2024)


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What is Kinross Gold 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.

Kinross Gold's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.145. 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 C$0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kinross Gold's average Cyclically Adjusted FCF Growth Rate was 50.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 65.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 53.10% 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 Kinross Gold was 100.00% per year. The lowest was -10.80% per year. And the median was 14.35% per year.

As of today (2024-05-09), Kinross Gold's current stock price is C$10.144. Kinross Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.00. Kinross Gold's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kinross Gold was 654.50. The lowest was 18.69. And the median was 65.57.


Kinross Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kinross Gold'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.

Kinross Gold Cyclically Adjusted FCF per Share Chart

Kinross Gold 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 0.03 0.08 0.13 0.24 0.37

Kinross Gold 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 0.24 0.28 0.35 0.37 -

Competitive Comparison of Kinross Gold's Cyclically Adjusted FCF per Share

For the Gold subindustry, Kinross Gold'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.


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

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

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



Kinross Gold 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, Kinross Gold'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)
=0.145/125.4675*125.4675
=0.145

Current CPI (Mar. 2024) = 125.4675.

Kinross Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.039 99.473 0.049
201409 0.144 99.394 0.182
201412 -0.013 98.367 -0.017
201503 0.111 99.789 0.140
201506 0.042 100.500 0.052
201509 0.070 100.421 0.087
201512 0.026 99.947 0.033
201603 0.084 101.054 0.104
201606 0.209 102.002 0.257
201609 0.117 101.765 0.144
201612 0.082 101.449 0.101
201703 0.031 102.634 0.038
201706 -0.022 103.029 -0.027
201709 -0.007 103.345 -0.008
201712 0.054 103.345 0.066
201803 0.048 105.004 0.057
201806 -0.065 105.557 -0.077
201809 -0.156 105.636 -0.185
201812 -0.096 105.399 -0.114
201903 0.008 106.979 0.009
201906 0.060 107.690 0.070
201909 -0.011 107.611 -0.013
201912 0.115 107.769 0.134
202003 0.119 107.927 0.138
202006 0.233 108.401 0.270
202009 0.346 108.164 0.401
202012 0.386 108.559 0.446
202103 0.087 110.298 0.099
202106 0.200 111.720 0.225
202109 0.066 112.905 0.073
202112 -0.060 113.774 -0.066
202203 0.096 117.646 0.102
202206 0.058 120.806 0.060
202209 -0.026 120.648 -0.027
202212 0.169 120.964 0.175
202303 0.042 122.702 0.043
202306 0.265 124.203 0.268
202309 0.134 125.230 0.134
202312 0.108 125.468 0.108
202403 0.145 125.468 0.145

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


Kinross Gold  (LTS:0R2D) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kinross Gold was 654.50. The lowest was 18.69. And the median was 65.57.


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.


Kinross Gold Cyclically Adjusted FCF per Share Related Terms

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


Kinross Gold (LTS:0R2D) Business Description

Industry
Address
25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.

Kinross Gold (LTS:0R2D) Headlines

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