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Western Copper & Gold (TSX:WRN) Cyclically Adjusted FCF per Share : C$-0.09 (As of Dec. 2023)


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What is Western Copper & 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.

Western Copper & Gold's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$-0.043. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.09 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.90% 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 Western Copper & Gold was 14.00% per year. The lowest was -8.70% per year. And the median was 3.90% per year.

As of today (2024-05-01), Western Copper & Gold's current stock price is C$2.05. Western Copper & Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$-0.09. Western Copper & Gold's Cyclically Adjusted Price-to-FCF of today is .


Western Copper & Gold Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Western Copper & 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.

Western Copper & Gold Cyclically Adjusted FCF per Share Chart

Western Copper & 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 -0.07 -0.08 -0.08 -0.09 -0.09

Western Copper & Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.09 -0.09 -0.09 -0.09 -0.09

Competitive Comparison of Western Copper & Gold's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Western Copper & 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.


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

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

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



Western Copper & 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, Western Copper & Gold's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.043/125.4675*125.4675
=-0.043

Current CPI (Dec. 2023) = 125.4675.

Western Copper & Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.019 98.604 -0.024
201406 -0.014 99.473 -0.018
201409 -0.016 99.394 -0.020
201412 -0.024 98.367 -0.031
201503 -0.018 99.789 -0.023
201506 -0.018 100.500 -0.022
201509 -0.016 100.421 -0.020
201512 -0.013 99.947 -0.016
201603 -0.011 101.054 -0.014
201606 -0.009 102.002 -0.011
201609 -0.008 101.765 -0.010
201612 -0.012 101.449 -0.015
201703 -0.011 102.634 -0.013
201706 -0.010 103.029 -0.012
201709 -0.010 103.345 -0.012
201712 -0.011 103.345 -0.013
201803 -0.009 105.004 -0.011
201806 -0.009 105.557 -0.011
201809 -0.010 105.636 -0.012
201812 -0.006 105.399 -0.007
201903 -0.009 106.979 -0.011
201906 -0.013 107.690 -0.015
201909 -0.026 107.611 -0.030
201912 -0.009 107.769 -0.010
202003 -0.006 107.927 -0.007
202006 -0.011 108.401 -0.013
202009 -0.033 108.164 -0.038
202012 -0.016 108.559 -0.018
202103 -0.014 110.298 -0.016
202106 -0.017 111.720 -0.019
202109 -0.040 112.905 -0.044
202112 -0.033 113.774 -0.036
202203 -0.024 117.646 -0.026
202206 -0.030 120.806 -0.031
202209 -0.063 120.648 -0.066
202212 -0.044 120.964 -0.046
202303 -0.030 122.702 -0.031
202306 -0.028 124.203 -0.028
202309 -0.038 125.230 -0.038
202312 -0.043 125.468 -0.043

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


Western Copper & Gold  (TSX:WRN) 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.


Western Copper & Gold Cyclically Adjusted FCF per Share Related Terms

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


Western Copper & Gold (TSX:WRN) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1200, Vancouver, BC, CAN, V6E 3Z3
Western Copper & Gold Corp is a Canada-based exploration-stage company. It is engaged in the exploration and development of the Casino mineral property located in Yukon, Canada (the Casino Project). The Company's operations are in one segment: the acquisition, exploration, and future development of mineral resource properties.