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Quebec Rare Earth Elements (XCNQ:QREE) Cyclically Adjusted FCF per Share : C$-3.62 (As of Jan. 2024)


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What is Quebec Rare Earth Elements 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.

Quebec Rare Earth Elements's adjusted free cash flow per share for the three months ended in Jan. 2024 was C$-0.002. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-3.62 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 60.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 58.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 40.80% 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 Quebec Rare Earth Elements was 71.40% per year. The lowest was 4.80% per year. And the median was 26.80% per year.

As of today (2024-05-23), Quebec Rare Earth Elements's current stock price is C$0.15. Quebec Rare Earth Elements's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was C$-3.62. Quebec Rare Earth Elements's Cyclically Adjusted Price-to-FCF of today is .


Quebec Rare Earth Elements Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Quebec Rare Earth Elements'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.

Quebec Rare Earth Elements Cyclically Adjusted FCF per Share Chart

Quebec Rare Earth Elements Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.99 -52.80 -2.13 -1.85 -3.29

Quebec Rare Earth Elements Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.57 -3.29 -3.30 -3.61 -3.62

Competitive Comparison of Quebec Rare Earth Elements's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Quebec Rare Earth Elements'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.


Quebec Rare Earth Elements's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Rare Earth Elements's Cyclically Adjusted Price-to-FCF falls into.



Quebec Rare Earth Elements 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, Quebec Rare Earth Elements's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.002/125.0724*125.0724
=-0.002

Current CPI (Jan. 2024) = 125.0724.

Quebec Rare Earth Elements Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.051 98.920 0.064
201407 0.000 99.315 0.000
201410 -7.909 99.473 -9.944
201501 -10.364 98.209 -13.199
201504 0.043 99.710 0.054
201507 -0.011 100.579 -0.014
201510 -3.144 100.500 -3.913
201601 0.424 100.184 0.529
201604 -0.075 101.370 -0.093
201607 -0.304 101.844 -0.373
201610 -0.012 102.002 -0.015
201701 -0.700 102.318 -0.856
201704 -0.343 103.029 -0.416
201707 -0.269 103.029 -0.327
201710 -0.833 103.424 -1.007
201801 -0.313 104.056 -0.376
201804 -0.517 105.320 -0.614
201807 -1.125 106.110 -1.326
201810 -0.340 105.952 -0.401
201901 -0.397 105.557 -0.470
201904 -1.332 107.453 -1.550
201907 -0.224 108.243 -0.259
201910 -0.086 107.927 -0.100
202001 -0.050 108.085 -0.058
202004 -0.041 107.216 -0.048
202007 -0.111 108.401 -0.128
202010 -0.038 108.638 -0.044
202101 -0.013 109.192 -0.015
202104 -0.094 110.851 -0.106
202107 -0.125 112.431 -0.139
202110 -0.032 113.695 -0.035
202201 -0.100 114.801 -0.109
202204 0.038 118.357 0.040
202207 -0.020 120.964 -0.021
202210 -0.014 121.517 -0.014
202301 -0.007 121.596 -0.007
202304 -0.001 123.571 -0.001
202307 -0.001 124.914 -0.001
202310 -0.001 125.310 -0.001
202401 -0.002 125.072 -0.002

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


Quebec Rare Earth Elements  (XCNQ:QREE) 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.


Quebec Rare Earth Elements Cyclically Adjusted FCF per Share Related Terms

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


Quebec Rare Earth Elements (XCNQ:QREE) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a junior exploration company targeting gold, silver, platinum, and palladium in some of the most active exploration districts in Canada. Its flagship asset, the Starr Project, is host to multiple high-grade gold and silver discoveries that have been identified through trenching, bulk sampling, and diamond drilling. In addition, the company is one of the landholders in the rapidly advancing Marathon/Thunder Bay North area mining districts where Generation Mining and Clean Air Metals are advancing their sizable high grade platinum-palladium +/- copper-nickel-silver-gold projects. The company also holds sizable land positions in British Columbia's Golden Triangle.
Executives
John Warren Jentz 10% Security Holder, Director