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Minco Silver (TSX:MSV) Cyclically Adjusted FCF per Share : C$-0.04 (As of Sep. 2024)


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What is Minco Silver 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.

Minco Silver's adjusted free cash flow per share for the three months ended in Sep. 2024 was C$-0.007. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.04 for the trailing ten years ended in Sep. 2024.

During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% 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 Minco Silver was 23.70% per year. The lowest was 12.60% per year. And the median was 18.30% per year.

As of today (2024-12-14), Minco Silver's current stock price is C$0.185. Minco Silver's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was C$-0.04. Minco Silver's Cyclically Adjusted Price-to-FCF of today is .


Minco Silver Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Minco Silver'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.

Minco Silver Cyclically Adjusted FCF per Share Chart

Minco Silver 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 -0.06 -0.04 -0.04 -0.04 -0.04

Minco Silver 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 -0.04 -0.04 -0.04 -0.04 -0.04

Competitive Comparison of Minco Silver's Cyclically Adjusted FCF per Share

For the Silver subindustry, Minco Silver'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.


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

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

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



Minco Silver 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, Minco Silver'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)
=-0.007/127.2847*127.2847
=-0.007

Current CPI (Sep. 2024) = 127.2847.

Minco Silver Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.002 98.367 0.003
201503 -0.021 99.789 -0.027
201506 -0.013 100.500 -0.016
201509 -0.004 100.421 -0.005
201512 -0.002 99.947 -0.003
201603 -0.022 101.054 -0.028
201606 -0.007 102.002 -0.009
201609 0.003 101.765 0.004
201612 -0.005 101.449 -0.006
201703 -0.013 102.634 -0.016
201706 -0.009 103.029 -0.011
201709 -0.004 103.345 -0.005
201712 -0.012 103.345 -0.015
201803 -0.011 105.004 -0.013
201806 -0.007 105.557 -0.008
201809 -0.011 105.636 -0.013
201812 -0.014 105.399 -0.017
201903 0.019 106.979 0.023
201906 -0.021 107.690 -0.025
201909 -0.003 107.611 -0.004
201912 -0.014 107.769 -0.017
202003 -0.012 107.927 -0.014
202006 -0.006 108.401 -0.007
202009 -0.010 108.164 -0.012
202012 -0.007 108.559 -0.008
202103 -0.013 110.298 -0.015
202106 -0.009 111.720 -0.010
202109 -0.006 112.905 -0.007
202112 -0.011 113.774 -0.012
202203 -0.010 117.646 -0.011
202206 0.000 120.806 0.000
202209 -0.010 120.648 -0.011
202212 -0.014 120.964 -0.015
202303 -0.005 122.702 -0.005
202306 -0.003 124.203 -0.003
202309 -0.013 125.230 -0.013
202312 -0.007 125.072 -0.007
202403 -0.008 126.258 -0.008
202406 -0.008 127.522 -0.008
202409 -0.007 127.285 -0.007

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


Minco Silver  (TSX:MSV) 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.


Minco Silver Cyclically Adjusted FCF per Share Related Terms

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


Minco Silver Business Description

Industry
Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2060, P.O. Box 11176, Vancouver, BC, CAN, V6E 3P3
Minco Silver Corp is a Canadian-based silver mining company. It is engaged in exploring, evaluating, and developing precious metal mineral properties and projects. The company has an interest in the Fuwan Silver Project and Changkeng Gold Project. It has one segment for the exploration and development of resource properties.
Executives
Ken Cai Director, Senior Officer
Renee Lin Senior Officer
George Lian Director
Trevitt Jennifer Senior Officer

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