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Mazarin (TSXV:MAZ.H) Cyclically Adjusted FCF per Share : C$-0.02 (As of Dec. 2023)


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What is Mazarin 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.

Mazarin's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.019. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.02 for the trailing ten years ended in Dec. 2023.

During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% 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 Mazarin was 30.70% per year. The lowest was -44.20% per year. And the median was 20.60% per year.

As of today (2024-05-25), Mazarin's current stock price is C$0.125. Mazarin's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$-0.02. Mazarin's Cyclically Adjusted Price-to-FCF of today is .


Mazarin Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mazarin'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.

Mazarin Cyclically Adjusted FCF per Share Chart

Mazarin 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 -0.02 -0.02 -0.02 -0.02 -0.02

Mazarin 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 -0.02 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Mazarin's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Mazarin'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.


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

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

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



Mazarin 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, Mazarin'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)
=0.019/125.0724*125.0724
=0.019

Current CPI (Dec. 2023) = 125.0724.

Mazarin Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.043 98.604 -0.055
201406 -0.015 99.473 -0.019
201409 0.072 99.394 0.091
201412 -0.025 98.367 -0.032
201503 -0.013 99.789 -0.016
201506 -0.043 100.500 -0.054
201509 -0.027 100.421 -0.034
201512 0.004 99.947 0.005
201603 0.003 101.054 0.004
201606 -0.011 102.002 -0.013
201609 0.032 101.765 0.039
201612 0.038 101.449 0.047
201703 -0.035 102.634 -0.043
201706 -0.027 103.029 -0.033
201709 -0.017 103.345 -0.021
201712 0.005 103.345 0.006
201803 -0.014 105.004 -0.017
201806 -0.007 105.557 -0.008
201809 0.003 105.636 0.004
201812 -0.011 105.399 -0.013
201903 -0.002 106.979 -0.002
201906 0.027 107.690 0.031
201909 -0.019 107.611 -0.022
201912 -0.015 107.769 -0.017
202003 -0.011 107.927 -0.013
202006 0.003 108.401 0.003
202009 -0.008 108.164 -0.009
202012 -0.002 108.559 -0.002
202103 -0.029 110.298 -0.033
202106 -0.011 111.720 -0.012
202109 0.001 112.905 0.001
202112 0.013 113.774 0.014
202203 -0.004 117.646 -0.004
202206 0.007 120.806 0.007
202209 -0.018 120.648 -0.019
202212 0.001 120.964 0.001
202303 0.005 122.702 0.005
202306 -0.022 124.203 -0.022
202309 0.047 125.230 0.047
202312 0.019 125.072 0.019

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


Mazarin  (TSXV:MAZ.H) 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.


Mazarin Cyclically Adjusted FCF per Share Related Terms

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


Mazarin (TSXV:MAZ.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
696, rue Monfette Street East, Thetford Mines, QC, CAN, G6G 7G9
Mazarin Inc is a mining-based company. The company is engaged in maintaining its mining assets and maximizing their value. It is also involved in the management of various litigation cases relating to asbestos which arose from operations in the past.

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