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New Gold (STU:32N) Cyclically Adjusted FCF per Share : €-0.11 (As of Sep. 2024)


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What is New 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.

New Gold's adjusted free cash flow per share for the three months ended in Sep. 2024 was €0.074. 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 €-0.11 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.30% 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 New Gold was 15.70% per year. The lowest was -9.40% per year. And the median was 5.90% per year.

As of today (2024-12-11), New Gold's current stock price is €2.763. New Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €-0.11. New Gold's Cyclically Adjusted Price-to-FCF of today is .


New Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for New 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.

New Gold Cyclically Adjusted FCF per Share Chart

New 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 -0.19 -0.19 -0.17 -0.14 -0.12

New Gold 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 -0.13 -0.12 -0.13 -0.13 -0.11

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

For the Gold subindustry, New 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.


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

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

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



New 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, New Gold'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)
=0.074/127.2847*127.2847
=0.074

Current CPI (Sep. 2024) = 127.2847.

New Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.030 98.367 -0.039
201503 0.001 99.789 0.001
201506 -0.030 100.500 -0.038
201509 -0.045 100.421 -0.057
201512 -0.153 99.947 -0.195
201603 -0.081 101.054 -0.102
201606 -0.103 102.002 -0.129
201609 -0.110 101.765 -0.138
201612 -0.203 101.449 -0.255
201703 -0.109 102.634 -0.135
201706 -0.154 103.029 -0.190
201709 -0.117 103.345 -0.144
201712 0.035 103.345 0.043
201803 -0.004 105.004 -0.005
201806 0.024 105.557 0.029
201809 -0.008 105.636 -0.010
201812 0.036 105.399 0.043
201903 0.037 106.979 0.044
201906 0.019 107.690 0.022
201909 0.042 107.611 0.050
201912 -0.073 107.769 -0.086
202003 -0.019 107.927 -0.022
202006 0.003 108.401 0.004
202009 0.041 108.164 0.048
202012 -0.013 108.559 -0.015
202103 -0.001 110.298 -0.001
202106 0.037 111.720 0.042
202109 -0.001 112.905 -0.001
202112 0.061 113.774 0.068
202203 -0.014 117.646 -0.015
202206 -0.054 120.806 -0.057
202209 -0.024 120.648 -0.025
202212 -0.051 120.964 -0.054
202303 -0.003 122.702 -0.003
202306 -0.021 124.203 -0.022
202309 0.040 125.230 0.041
202312 0.013 125.072 0.013
202403 -0.009 126.258 -0.009
202406 0.035 127.522 0.035
202409 0.074 127.285 0.074

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


New Gold  (STU:32N) 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.


New Gold Cyclically Adjusted FCF per Share Related Terms

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


New Gold Business Description

Industry
Traded in Other Exchanges
Address
181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver.

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