Asante Gold (XGHA:ASG) Cyclically Adjusted FCF per Share: GHS-0.77 (As of Mar. 2026)

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XGHA:ASG Asante Gold Corp XGHA:ASG
24 GF Score
Price GHS8.89
GF Value GHS10.81
! 5 Warning Signs
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What is Asante Gold Cyclically Adjusted FCF per Share?

Asante Gold XGHA:ASG 24 Cyclically Adjusted FCF per Share is GHS-0.77 as of Mar. 2026. GuruFocus rates XGHA:ASG with a GF Score™ of 24/100 and a GF Value™ of GHS10.81. The stock has 5 warning signs investors should review.

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.

Asante Gold's adjusted free cash flow per share for the three months ended in Mar. 2026 was GHS-0.574. 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 GHS-0.77 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-08), Asante Gold's current stock price is GHS8.89. Asante Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was GHS-0.77. Asante Gold's Cyclically Adjusted Price-to-FCF of today is .


Asante Gold  (XGHA:ASG) 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.


Asante Gold Cyclically Adjusted FCF per Share Related Terms


Asante Gold Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Asante 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.

Asante Gold Cyclically Adjusted FCF per Share Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.16 -0.24

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
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 -0.17 -0.23 -0.16 -0.43 -0.77

XGHA:ASG vs NEM, AU: Cyclically Adjusted FCF per Share Comparison

For the Gold subindustry, Asante 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.


Asante Gold Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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


XGHA:ASG
24GF Score
Asante Gold Corp XGHA:ASG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asante 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, Asante Gold's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.574/132.2623*132.2623
=-0.574

Current CPI (Mar. 2026) = 132.2623.

Asante Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201604 -0.781 101.370 -1.019
201607 -0.014 101.844 -0.018
201610 -0.033 102.002 -0.043
201701 0.540 102.318 0.698
201704 -0.136 103.029 -0.175
201707 -0.087 103.029 -0.112
201710 -0.003 103.424 -0.004
201801 -0.006 104.056 -0.008
201804 0.004 105.320 0.005
201807 0.000 106.110 0.000
201810 0.001 105.952 0.001
201901 -0.032 105.557 -0.040
201904 -0.399 107.453 -0.491
201907 -0.014 108.243 -0.017
201910 -0.024 107.927 -0.029
202001 0.354 108.085 0.433
202004 -0.011 107.216 -0.014
202007 -0.008 108.401 -0.010
202010 -0.042 108.638 -0.051
202101 -0.115 109.192 -0.139
202104 -0.076 110.851 -0.091
202107 -0.220 112.431 -0.259
202110 -0.367 113.695 -0.427
202201 -0.752 114.801 -0.866
202204 -1.331 118.357 -1.487
202207 2.483 120.964 2.715
202210 -0.375 121.517 -0.408
202301 -0.084 121.596 -0.091
202304 -0.526 123.571 -0.563
202307 -0.047 124.914 -0.050
202310 0.461 125.310 0.487
202401 -0.759 125.072 -0.803
202404 0.443 126.890 0.462
202407 0.374 128.075 0.386
202410 -0.440 127.838 -0.455
202501 0.539 127.443 0.559
202504 -0.468 129.102 -0.479
202507 -0.109 130.290 -0.111
202510 -4.784 130.603 -4.845
202603 -0.574 132.262 -0.574

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

What does a Cyclically Adjusted FCF per Share of GHS-0.77 mean?
Asante Gold (XGHA:ASG) has a Cyclically Adjusted FCF per Share of GHS-0.77 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Asante Gold and its competitors.
Is Asante Gold's Cyclically Adjusted FCF per Share too high?
Asante Gold's current Cyclically Adjusted FCF per Share is GHS-0.77. Overall, Asante Gold has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Cyclically Adjusted FCF per Share compare to NEM and AU?
Asante Gold's Cyclically Adjusted FCF per Share of GHS-0.77 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Asante Gold and its competitors. Asante Gold's current Cyclically Adjusted FCF per Share is GHS-0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Asante Gold (XGHA:ASG) has a current Cyclically Adjusted FCF per Share of GHS-0.77. The stock's GF Value™ is GHS10.81, compared to a current price of GHS8.89 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is GHS-0.77. Asante Gold's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Asante Gold (XGHA:ASG), the current Cyclically Adjusted FCF per Share is GHS-0.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asante Gold (XGHA:ASG) Overvalued in 2026?

Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued. The current stock price of GHS8.89 is trading 17.8% below its estimated GF Value™ of GHS10.81.

Key valuation signals for XGHA:ASG:

  • Cyclically Adjusted FCF per Share: GHS-0.77
  • GF Value™: GHS10.81 vs. price of GHS8.89 (17.8% below fair value)
  • GF Score™: 24/100 with 5 warning signs

No single metric tells the full story. See the XGHA:ASG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asante Gold Business Description

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
24GF Score

Get the complete analysis for XGHA:ASG

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS8.89
Price
GHS10.81
GF Value