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MXROF (MAX Resource) Cyclically Adjusted FCF per Share : $-0.13 (As of Sep. 2024)


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What is MAX Resource 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.

MAX Resource's adjusted free cash flow per share for the three months ended in Sep. 2024 was $-0.008. 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 $-0.13 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 28.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% 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 MAX Resource was 32.10% per year. The lowest was 3.10% per year. And the median was 21.80% per year.

As of today (2025-04-16), MAX Resource's current stock price is $0.0299. MAX Resource's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $-0.13. MAX Resource's Cyclically Adjusted Price-to-FCF of today is .


MAX Resource Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MAX Resource'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.

MAX Resource Cyclically Adjusted FCF per Share Chart

MAX Resource 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 -0.65 -0.49 -0.33 -0.19 -0.17

MAX Resource Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.16 -0.17 -0.16 -0.13 -0.13

Competitive Comparison of MAX Resource's Cyclically Adjusted FCF per Share

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


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

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

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.008/127.2847*127.2847
=-0.008

Current CPI (Sep. 2024) = 127.2847.

MAX Resource Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.024 98.367 -0.031
201503 -0.019 99.789 -0.024
201506 -0.015 100.500 -0.019
201509 -0.084 100.421 -0.106
201512 -0.029 99.947 -0.037
201603 -0.006 101.054 -0.008
201606 -0.011 102.002 -0.014
201609 -0.003 101.765 -0.004
201612 -0.001 101.449 -0.001
201703 -0.038 102.634 -0.047
201706 -0.005 103.029 -0.006
201709 -0.005 103.345 -0.006
201712 -0.017 103.345 -0.021
201803 -0.150 105.004 -0.182
201806 -0.112 105.557 -0.135
201809 -0.075 105.636 -0.090
201812 -0.049 105.399 -0.059
201903 -0.097 106.979 -0.115
201906 -0.079 107.690 -0.093
201909 -0.063 107.611 -0.075
201912 -0.013 107.769 -0.015
202003 -0.016 107.927 -0.019
202006 -0.006 108.401 -0.007
202009 -0.016 108.164 -0.019
202012 -0.034 108.559 -0.040
202103 -0.015 110.298 -0.017
202106 -0.007 111.720 -0.008
202109 -0.010 112.905 -0.011
202112 -0.007 113.774 -0.008
202203 -0.003 117.646 -0.003
202206 -0.009 120.806 -0.009
202209 -0.004 120.648 -0.004
202212 -0.004 120.964 -0.004
202303 -0.004 122.702 -0.004
202306 -0.004 124.203 -0.004
202309 -0.003 125.230 -0.003
202312 -0.005 125.072 -0.005
202403 -0.004 126.258 -0.004
202406 -0.001 127.522 -0.001
202409 -0.008 127.285 -0.008

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


MAX Resource  (OTCPK:MXROF) 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.


MAX Resource Cyclically Adjusted FCF per Share Related Terms

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


MAX Resource Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1188, Vancouver, BC, CAN, V6E 2M6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion of the largest producing copper belt (Andean belt), with infrastructure and the presence of global majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties.

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