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TRX Gold (TSX:TRX) Cyclically Adjusted FCF per Share : C$-0.05 (As of Feb. 2025)


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What is TRX 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.

TRX Gold's adjusted free cash flow per share for the three months ended in Feb. 2025 was C$0.001. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.05 for the trailing ten years ended in Feb. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 TRX Gold was 14.50% per year. The lowest was -10.10% per year. And the median was -0.05% per year.

As of today (2025-04-18), TRX Gold's current stock price is C$0.455. TRX Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was C$-0.05. TRX Gold's Cyclically Adjusted Price-to-FCF of today is .


TRX Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TRX 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.

TRX Gold Cyclically Adjusted FCF per Share Chart

TRX Gold Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.08 -0.07 -0.06 -0.05

TRX Gold Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -0.06 -0.06 -0.05 -0.05 -0.05

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

For the Gold subindustry, TRX 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.


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

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

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


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TRX 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, TRX Gold's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=0.001/128.7859*128.7859
=0.001

Current CPI (Feb. 2025) = 128.7859.

TRX Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 -0.006 100.263 -0.008
201508 -0.010 100.579 -0.013
201511 -0.010 100.421 -0.013
201602 -0.007 100.421 -0.009
201605 -0.004 101.765 -0.005
201608 -0.004 101.686 -0.005
201611 -0.017 101.607 -0.022
201702 -0.011 102.476 -0.014
201705 -0.011 103.108 -0.014
201708 -0.013 103.108 -0.016
201711 -0.008 103.740 -0.010
201802 -0.007 104.688 -0.009
201805 -0.010 105.399 -0.012
201808 -0.004 106.031 -0.005
201811 -0.012 105.478 -0.015
201902 -0.010 106.268 -0.012
201905 -0.015 107.927 -0.018
201908 -0.023 108.085 -0.027
201911 -0.021 107.769 -0.025
202002 -0.025 108.559 -0.030
202005 -0.027 107.532 -0.032
202008 -0.035 108.243 -0.042
202011 -0.024 108.796 -0.028
202102 -0.018 109.745 -0.021
202105 -0.022 111.404 -0.025
202108 -0.025 112.668 -0.029
202111 -0.019 113.932 -0.021
202202 -0.008 115.986 -0.009
202205 -0.012 120.016 -0.013
202208 -0.009 120.569 -0.010
202211 0.006 121.675 0.006
202302 0.003 122.070 0.003
202305 -0.009 124.045 -0.009
202308 -0.002 125.389 -0.002
202311 0.007 125.468 0.007
202402 -0.001 125.468 -0.001
202405 -0.001 127.601 -0.001
202408 0.003 127.838 0.003
202411 -0.006 127.838 -0.006
202502 0.001 128.786 0.001

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


TRX Gold  (TSX:TRX) 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.


TRX Gold Cyclically Adjusted FCF per Share Related Terms

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


TRX Gold Business Description

Industry
Traded in Other Exchanges
Address
277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3
TRX Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.