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AG (First Majestic Silver) Cyclically Adjusted Price-to-FCF : (As of Mar. 03, 2025)


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What is First Majestic Silver Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Majestic Silver Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Majestic Silver's Cyclically Adjusted Price-to-FCF 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.

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First Majestic Silver Cyclically Adjusted Price-to-FCF Chart

First Majestic Silver Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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First Majestic Silver Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of First Majestic Silver's Cyclically Adjusted Price-to-FCF

For the Silver subindustry, First Majestic Silver'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.


First Majestic Silver's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



First Majestic Silver Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

First Majestic Silver's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, First Majestic Silver's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.189/127.3637*127.3637
=0.189

Current CPI (Dec. 2024) = 127.3637.

First Majestic Silver Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.049 99.789 -0.063
201506 0.020 100.500 0.025
201509 -0.021 100.421 -0.027
201512 0.033 99.947 0.042
201603 0.081 101.054 0.102
201606 0.000 102.002 0.000
201609 0.067 101.765 0.084
201612 0.082 101.449 0.103
201703 0.006 102.634 0.007
201706 0.001 103.029 0.001
201709 -0.040 103.345 -0.049
201712 0.002 103.345 0.002
201803 -0.079 105.004 -0.096
201806 -0.107 105.557 -0.129
201809 -0.173 105.636 -0.209
201812 -0.061 105.399 -0.074
201903 0.014 106.979 0.017
201906 -0.055 107.690 -0.065
201909 0.050 107.611 0.059
201912 0.094 107.769 0.111
202003 -0.094 107.927 -0.111
202006 -0.225 108.401 -0.264
202009 0.096 108.164 0.113
202012 0.042 108.559 0.049
202103 -0.163 110.298 -0.188
202106 -0.235 111.720 -0.268
202109 -0.226 112.905 -0.255
202112 0.126 113.774 0.141
202203 -0.218 117.646 -0.236
202206 -0.307 120.806 -0.324
202209 0.036 120.648 0.038
202212 -0.263 120.964 -0.277
202303 -0.197 122.702 -0.204
202306 -0.061 124.203 -0.063
202309 -0.047 125.230 -0.048
202312 -0.020 125.072 -0.020
202403 -0.063 126.258 -0.064
202406 -0.035 127.522 -0.035
202409 0.027 127.285 0.027
202412 0.189 127.364 0.189

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


First Majestic Silver  (NYSE:AG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


First Majestic Silver Cyclically Adjusted Price-to-FCF Related Terms

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First Majestic Silver Business Description

Traded in Other Exchanges
Address
925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is engaged in the production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. It owns three producing mines, in Mexico consisting of the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine.
Executives
Vinita Lee Piper 10 percent owner 712 WILCREST, SUITE 3020, HOUSTON TX 77042