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Novo Resources (TSX:NVO) Cyclically Adjusted FCF per Share : C$-0.19 (As of Mar. 2025)


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What is Novo Resources 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.

Novo Resources's adjusted free cash flow per share for the three months ended in Mar. 2025 was C$-0.005. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.19 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.50% 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 Novo Resources was -13.50% per year. The lowest was -13.50% per year. And the median was -13.50% per year.

As of today (2025-05-23), Novo Resources's current stock price is C$0.095. Novo Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was C$-0.19. Novo Resources's Cyclically Adjusted Price-to-FCF of today is .


Novo Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Novo Resources'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.

Novo Resources Cyclically Adjusted FCF per Share Chart

Novo Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.13 -0.15 -0.17 -0.19

Novo Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 -0.19 -0.20 -0.20 -0.20 -0.19

Competitive Comparison of Novo Resources's Cyclically Adjusted FCF per Share

For the Gold subindustry, Novo Resources'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.


Novo Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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


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Novo Resources 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, Novo Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.005/130.6710*130.6710
=-0.005

Current CPI (Mar. 2025) = 130.6710.

Novo Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 -0.041 99.187 -0.054
201504 -0.085 99.838 -0.111
201507 -0.029 100.302 -0.038
201510 -0.035 100.673 -0.045
201601 -0.013 100.488 -0.017
201604 -0.021 100.859 -0.027
201607 -0.019 101.602 -0.024
201610 -0.045 102.159 -0.058
201701 -0.030 102.624 -0.038
201704 -0.019 102.809 -0.024
201707 -0.031 103.460 -0.039
201710 -0.040 104.110 -0.050
201801 -0.043 104.574 -0.054
201804 -0.041 104.945 -0.051
201807 -0.037 105.410 -0.046
201810 -0.078 105.967 -0.096
201901 -0.055 105.967 -0.068
201904 -0.033 106.617 -0.040
201907 -0.054 107.174 -0.066
201910 -0.041 107.917 -0.050
202001 -0.029 108.289 -0.035
202004 -0.005 106.246 -0.006
202007 -0.032 107.917 -0.039
202010 -0.055 108.846 -0.066
202103 -0.040 109.496 -0.048
202106 -0.015 110.332 -0.018
202109 0.002 111.168 0.002
202112 -0.075 112.654 -0.087
202203 -0.032 115.069 -0.036
202206 -0.050 117.112 -0.056
202209 -0.123 119.248 -0.135
202212 -0.084 121.477 -0.090
202303 -0.061 123.148 -0.065
202306 -0.042 124.170 -0.044
202309 -0.157 125.656 -0.163
202312 -0.020 126.399 -0.021
202403 -0.015 127.606 -0.015
202406 -0.012 128.906 -0.012
202409 -0.012 129.185 -0.012
202503 -0.005 130.671 -0.005

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


Novo Resources  (TSX:NVO) 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.


Novo Resources Cyclically Adjusted FCF per Share Related Terms

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


Novo Resources Business Description

Traded in Other Exchanges
Address
46 Ventnor Avenue, Level 3, West Australia, Perth, WA, AUS
Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It segment includes of Exploration Operations.
Executives
Quinton Todd Hennigh Director
Michael Charles Barrett Director
Ronan Joseph Sabo-walsh Senior Officer
Robert James Humphryson Senior Officer
Kirkland Lake Gold Ltd. 10% Security Holder
Eric Sprott 10% Security Holder
Leonidas Karabelas Senior Officer
Gregory Gibson Director