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B2Gold (B2Gold) Cyclically Adjusted Price-to-FCF : 16.83 (As of Jul. 15, 2024)


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What is B2Gold Cyclically Adjusted Price-to-FCF?

As of today (2024-07-15), B2Gold's current share price is $3.03. B2Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.18. B2Gold's Cyclically Adjusted Price-to-FCF for today is 16.83.

The historical rank and industry rank for B2Gold's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BTG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.6   Med: 41   Max: 619
Current: 16.63

During the past years, B2Gold's highest Cyclically Adjusted Price-to-FCF was 619.00. The lowest was 13.60. And the median was 41.00.

BTG's Cyclically Adjusted Price-to-FCF is ranked better than
58.7% of 247 companies
in the Metals & Mining industry
Industry Median: 20.9 vs BTG: 16.63

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.

B2Gold's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.482. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B2Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for B2Gold'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.

* Premium members only.

B2Gold Cyclically Adjusted Price-to-FCF Chart

B2Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,038.20 83.66 39.93 32.72 24.80

B2Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 32.85 26.98 22.63 24.80 14.22

Competitive Comparison of B2Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, B2Gold'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.


B2Gold's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where B2Gold's Cyclically Adjusted Price-to-FCF falls into.



B2Gold 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.

B2Gold's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.03/0.18
=16.83

* 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.

B2Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, B2Gold's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.482/126.2576*126.2576
=0.482

Current CPI (Mar. 2024) = 126.2576.

B2Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 99.473 -0.015
201409 0.026 99.394 0.033
201412 -0.159 98.367 -0.204
201503 0.026 99.789 0.033
201506 -0.002 100.500 -0.003
201509 -0.038 100.421 -0.048
201512 -0.063 99.947 -0.080
201603 0.094 101.054 0.117
201606 -0.008 102.002 -0.010
201609 0.007 101.765 0.009
201612 -0.027 101.449 -0.034
201703 -0.067 102.634 -0.082
201706 -0.056 103.029 -0.069
201709 -0.061 103.345 -0.075
201712 -0.009 103.345 -0.011
201803 0.072 105.004 0.087
201806 0.024 105.557 0.029
201809 0.090 105.636 0.108
201812 0.024 105.399 0.029
201903 0.041 106.979 0.048
201906 0.041 107.690 0.048
201909 0.107 107.611 0.126
201912 0.036 107.769 0.042
202003 0.099 107.927 0.116
202006 0.149 108.401 0.174
202009 0.214 108.164 0.250
202012 0.103 108.559 0.120
202103 0.084 110.298 0.096
202106 -0.060 111.720 -0.068
202109 0.229 112.905 0.256
202112 0.145 113.774 0.161
202203 0.037 117.646 0.040
202206 0.008 120.806 0.008
202209 0.016 120.648 0.017
202212 0.145 120.964 0.151
202303 0.139 122.702 0.143
202306 -0.008 124.203 -0.008
202309 -0.089 125.230 -0.090
202312 -0.064 125.072 -0.065
202403 0.482 126.258 0.482

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.


B2Gold  (AMEX:BTG) 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.


B2Gold Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of B2Gold's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


B2Gold (B2Gold) Business Description

Industry
Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.

B2Gold (B2Gold) Headlines