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Atlatsa Resources (Atlatsa Resources) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlatsa Resources Cyclically Adjusted Price-to-FCF Historical Data

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

Atlatsa Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Atlatsa Resources Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Atlatsa Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Atlatsa 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.


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

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

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



Atlatsa 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.

Atlatsa Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Atlatsa Resources's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=-0.006/122.1909*122.1909
=-0.006

Current CPI (Jun. 2019) = 122.1909.

Atlatsa Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200909 -0.137 74.884 -0.224
200912 -0.656 75.102 -1.067
201003 -0.018 76.410 -0.029
201006 -0.019 76.628 -0.030
201009 -0.030 77.282 -0.047
201012 -0.041 77.609 -0.065
201103 -0.024 79.462 -0.037
201106 -0.048 80.552 -0.073
201109 -0.087 81.642 -0.130
201112 -0.026 82.514 -0.039
201203 -0.034 84.258 -0.049
201206 -0.055 85.021 -0.079
201209 -0.060 86.111 -0.085
201212 -0.020 87.310 -0.028
201303 -0.089 89.381 -0.122
201306 -0.040 89.708 -0.054
201309 -0.012 91.343 -0.016
201312 0.029 91.889 0.039
201403 -0.049 94.723 -0.063
201406 -0.007 95.813 -0.009
201409 0.003 96.794 0.004
201412 -0.007 96.794 -0.009
201503 -0.005 98.538 -0.006
201506 -0.013 100.173 -0.016
201509 0.002 101.154 0.002
201512 -0.048 101.808 -0.058
201603 -0.019 104.969 -0.022
201606 -0.013 106.713 -0.015
201609 -0.057 107.694 -0.065
201612 -0.005 109.002 -0.006
201703 -0.030 111.400 -0.033
201706 -0.033 112.054 -0.036
201709 -0.047 112.926 -0.051
201712 -0.087 113.907 -0.093
201803 -0.007 115.542 -0.007
201806 -0.010 116.959 -0.010
201809 -0.007 118.376 -0.007
201812 -0.004 118.921 -0.004
201903 -0.005 120.774 -0.005
201906 -0.006 122.191 -0.006

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.


Atlatsa Resources  (OTCPK:ATLRF) 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.


Atlatsa Resources Cyclically Adjusted Price-to-FCF Related Terms

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Atlatsa Resources (Atlatsa Resources) Business Description

Traded in Other Exchanges
N/A
Address
90 Rivonia Road, Second Floor, North Wing, Sandton, Johannesburg, ZAF, 2146
Atlatsa Resources Corp is engaged in mining, exploration, and development of mineral deposits located in the Republic of South Africa in the Bushveld Complex. The company has two reportable segments: the Bokoni Mine and the Kwanda Project. All external revenue of the company is generated by the Bokoni Mine. The majority of operations and functions are performed in South Africa. The company's business strategy is to develop the Bokoni Mine on a cost-effective basis. Its products include palladium, rhodium, ruthenium, osmium, and iridium mineral deposits.

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