Hudbay Minerals (TSX:HBM) Cyclically Adjusted FCF per Share: C$0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:HBM Hudbay Minerals Inc TSX:HBM
77 GF Score
Price C$30.90
GF Value C$14.54
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hudbay Minerals Cyclically Adjusted FCF per Share?

Hudbay Minerals TSX:HBM +0.46% 77 Cyclically Adjusted FCF per Share is C$0.00 as of Jun. 2026. GuruFocus rates TSX:HBM with a GF Score™ of 77/100 and a GF Value™ of C$14.54 (Significantly Overvalued). The stock has 2 warning signs investors should review.

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.

Hudbay Minerals's adjusted free cash flow per share for the three months ended in Jun. 2026 was C$0.501. 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 Jun. 2026.

During the past 12 months, Hudbay Minerals's average Cyclically Adjusted FCF Growth Rate was 28.20% 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 Hudbay Minerals was 65.70% per year. The lowest was -41.50% per year. And the median was -9.40% per year.

As of today (2026-07-30), Hudbay Minerals's current stock price is C$30.90. Hudbay Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was C$0.00. Hudbay Minerals's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hudbay Minerals was 189.60. The lowest was 12.58. And the median was 30.33.


Hudbay Minerals  (TSX:HBM) 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 Hudbay Minerals was 189.60. The lowest was 12.58. And the median was 30.33.


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.


Hudbay Minerals Cyclically Adjusted FCF per Share Related Terms


Hudbay Minerals Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Cyclically Adjusted FCF per Share Chart

Hudbay Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -0.55 0.05 0.60 0.91

Hudbay Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.84 0.87 0.91 0.91 0.00

TSX:HBM vs SCCO, FCX: Cyclically Adjusted FCF per Share Comparison

For the Copper subindustry, Hudbay Minerals'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.


Hudbay Minerals Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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


TSX:HBM
77GF Score
Hudbay Minerals Inc TSX:HBM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hudbay Minerals 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, Hudbay Minerals's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.501/134.0005*134.0005
=0.501

Current CPI (Jun. 2026) = 134.0005.

Hudbay Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.251 101.765 0.331
201612 0.546 101.449 0.721
201703 0.394 102.634 0.514
201706 0.439 103.029 0.571
201709 0.517 103.345 0.670
201712 0.202 103.345 0.262
201803 0.420 105.004 0.536
201806 0.286 105.557 0.363
201809 0.334 105.636 0.424
201812 0.411 105.399 0.523
201903 0.099 106.979 0.124
201906 0.290 107.690 0.361
201909 -0.176 107.611 -0.219
201912 0.050 107.769 0.062
202003 -0.224 107.927 -0.278
202006 -0.085 108.401 -0.105
202009 -0.337 108.164 -0.417
202012 0.016 108.559 0.020
202103 -0.150 110.298 -0.182
202106 -0.020 111.720 -0.024
202109 0.254 112.905 0.301
202112 -0.027 113.774 -0.032
202203 0.054 117.646 0.062
202206 0.425 120.806 0.471
202209 0.423 120.648 0.470
202212 -0.013 120.964 -0.014
202303 0.033 122.702 0.036
202306 -0.202 124.203 -0.218
202309 0.323 125.230 0.346
202312 0.550 125.072 0.589
202403 0.298 126.258 0.316
202406 0.189 127.522 0.199
202409 0.171 127.285 0.180
202412 0.504 127.364 0.530
202503 0.115 129.181 0.119
202506 0.474 129.892 0.489
202509 0.010 130.287 0.010
202512 0.229 130.366 0.235
202603 0.243 132.262 0.246
202606 0.501 134.001 0.501

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

What does a Cyclically Adjusted FCF per Share of C$0.00 mean?
Hudbay Minerals (TSX:HBM) has a Cyclically Adjusted FCF per Share of C$0.00 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hudbay Minerals and its competitors.
Is Hudbay Minerals' Cyclically Adjusted FCF per Share too high?
Hudbay Minerals' current Cyclically Adjusted FCF per Share is C$0.00. Overall, Hudbay Minerals has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hudbay Minerals' Cyclically Adjusted FCF per Share compare to SCCO and FCX?
Hudbay Minerals' Cyclically Adjusted FCF per Share of C$0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hudbay Minerals and its competitors. Hudbay Minerals's current Cyclically Adjusted FCF per Share is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudbay Minerals stock overvalued right now?
Based on GuruFocus' analysis, Hudbay Minerals (TSX:HBM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.54, compared to a current price of C$30.90 — trading 112.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is C$0.00. Hudbay Minerals' overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Hudbay Minerals (TSX:HBM), the current Cyclically Adjusted FCF per Share is C$0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hudbay Minerals (TSX:HBM) Overvalued in 2026?

Based on GuruFocus' analysis, Hudbay Minerals stock appears to be overvalued. The current stock price of C$30.90 is trading 112.5% above its estimated GF Value™ of C$14.54. GuruFocus considers Hudbay Minerals to be Significantly Overvalued.

Key valuation signals for TSX:HBM:

  • Cyclically Adjusted FCF per Share: C$0.00
  • GF Value™: C$14.54 vs. price of C$30.90 (112.5% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSX:HBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hudbay Minerals Business Description

Address 25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a copper-focused critical minerals company with three long-life operations and a pipeline of copper growth projects in Canada, Peru, and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada), and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by gold, zinc, silver, and molybdenum production. Hudbay's growth pipeline includes the Copper World project and the Mason project in the USA, and the Llaguen project in Peru. The company's reportable segments are: Peru, which generates the maximum revenue, Manitoba, British Columbia, and Arizona. Geographically, it generates maximum revenue from China and Canada.
77GF Score

Get the complete analysis for TSX:HBM

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$30.90
Price
C$14.54
GF Value