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Toubani Resources (ASX:TRE) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Toubani Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Toubani Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Toubani Resources'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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Toubani Resources Cyclically Adjusted Price-to-FCF Chart

Toubani Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Toubani Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Toubani Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Toubani 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.


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

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

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



Toubani Resources 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.

Toubani Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Toubani Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.02/123.1484*123.1484
=-0.020

Current CPI (Mar. 2023) = 123.1484.

Toubani Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.135 95.473 -0.174
201309 -0.168 96.587 -0.214
201312 -0.078 97.330 -0.099
201403 -0.103 97.887 -0.130
201406 -0.160 98.352 -0.200
201409 -0.157 98.816 -0.196
201412 0.159 99.002 0.198
201503 -0.229 99.187 -0.284
201506 -0.191 99.838 -0.236
201509 -0.004 100.302 -0.005
201512 -0.024 100.673 -0.029
201603 -0.021 100.488 -0.026
201606 -0.110 100.859 -0.134
201609 0.033 101.602 0.040
201612 -0.060 102.159 -0.072
201703 -0.008 102.624 -0.010
201706 -0.182 102.809 -0.218
201709 -0.026 103.460 -0.031
201712 -0.040 104.110 -0.047
201803 -0.044 104.574 -0.052
201806 -0.034 104.945 -0.040
201809 -0.070 105.410 -0.082
201812 -0.025 105.967 -0.029
201903 0.002 105.967 0.002
201906 0.009 106.617 0.010
201909 -0.149 107.174 -0.171
201912 -0.104 107.917 -0.119
202003 -0.107 108.289 -0.122
202006 -0.087 106.246 -0.101
202009 -0.177 107.917 -0.202
202012 -0.052 108.846 -0.059
202103 -0.062 109.496 -0.070
202106 -0.015 110.332 -0.017
202109 -0.017 111.168 -0.019
202112 -0.019 112.654 -0.021
202203 -0.004 115.069 -0.004
202206 -0.017 117.112 -0.018
202209 -0.016 119.248 -0.017
202212 -0.021 121.477 -0.021
202303 -0.020 123.148 -0.020

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.


Toubani Resources  (ASX:TRE) 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.


Toubani Resources Cyclically Adjusted Price-to-FCF Related Terms

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Toubani Resources (ASX:TRE) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5
Toubani Resources Ltd is a Canada-based gold exploration and development company. Its segment consists of the acquisition, exploration, and development of precious and base metal mineral resources properties located in Western Africa. The company's portfolio includes the Kobada gold project which is a stage gold development project located in Mali.

Toubani Resources (ASX:TRE) Headlines

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