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iMetal Resources (TSXV:IMR) Cyclically Adjusted FCF per Share : C$-3.60 (As of Feb. 2024)


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What is iMetal 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.

iMetal Resources's adjusted free cash flow per share for the three months ended in Feb. 2024 was C$-0.682. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-3.60 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 38.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 38.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 36.40% 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 iMetal Resources was 49.30% per year. The lowest was 26.60% per year. And the median was 38.50% per year.

As of today (2024-06-03), iMetal Resources's current stock price is C$0.32. iMetal Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$-3.60. iMetal Resources's Cyclically Adjusted Price-to-FCF of today is .


iMetal Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for iMetal 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.

iMetal Resources Cyclically Adjusted FCF per Share Chart

iMetal Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.60 -16.19 -5.79 -3.47 -3.76

iMetal Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -3.60 -3.76 -3.78 -3.60 -3.60

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

For the Gold subindustry, iMetal 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.


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

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

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



iMetal 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, iMetal Resources's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.682/125.4675*125.4675
=-0.682

Current CPI (Feb. 2024) = 125.4675.

iMetal Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.203 99.394 -0.256
201408 -0.029 99.315 -0.037
201411 0.000 99.078 0.000
201502 -0.686 99.078 -0.869
201505 -0.486 100.263 -0.608
201508 0.000 100.579 0.000
201511 -6.838 100.421 -8.543
201602 -0.775 100.421 -0.968
201605 -0.649 101.765 -0.800
201608 -0.683 101.686 -0.843
201611 -0.351 101.607 -0.433
201702 -0.578 102.476 -0.708
201705 -1.242 103.108 -1.511
201708 -0.500 103.108 -0.608
201711 -0.891 103.740 -1.078
201802 -0.799 104.688 -0.958
201805 -0.657 105.399 -0.782
201808 -0.423 106.031 -0.501
201811 -1.455 105.478 -1.731
201902 -1.118 106.268 -1.320
201905 -1.002 107.927 -1.165
201908 -0.947 108.085 -1.099
201911 -0.585 107.769 -0.681
202002 -0.416 108.559 -0.481
202005 -0.095 107.532 -0.111
202008 -0.082 108.243 -0.095
202011 -1.941 108.796 -2.238
202102 -0.337 109.745 -0.385
202105 -0.204 111.404 -0.230
202108 -0.334 112.668 -0.372
202111 -0.054 113.932 -0.059
202202 -0.138 115.986 -0.149
202205 -0.263 120.016 -0.275
202208 -0.061 120.569 -0.063
202211 -0.208 121.675 -0.214
202302 -2.689 122.070 -2.764
202305 -0.406 124.045 -0.411
202308 -0.071 125.389 -0.071
202311 -0.093 125.468 -0.093
202402 -0.682 125.468 -0.682

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


iMetal Resources  (TSXV:IMR) 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.


iMetal Resources Cyclically Adjusted FCF per Share Related Terms

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


iMetal Resources (TSXV:IMR) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
iMetal Resources Inc is a Canadian exploration-stage company. It is principally engaged in the exploration and development of mineral properties in Ontario and Quebec, Canada. It has one reportable segment being the acquisition and exploration of resource properties. The company owns an interest in Gowganda West Property, Mosher Lake and The Carheil Property.
Executives
Johan Grandin Senior Officer

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