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Yamana Gold (BUE:AUY) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Yamana Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamana Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yamana Gold'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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Yamana Gold Cyclically Adjusted Price-to-FCF Chart

Yamana Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Yamana Gold Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Yamana Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Yamana 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.


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

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

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



Yamana Gold 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.

Yamana Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Yamana Gold's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-22.857/120.9639*120.9639
=-22.857

Current CPI (Dec. 2022) = 120.9639.

Yamana Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.748 97.103 -0.932
201306 -0.750 97.182 -0.934
201309 -0.906 97.419 -1.125
201312 -0.134 96.945 -0.167
201403 -1.039 98.604 -1.275
201406 -0.418 99.473 -0.508
201409 -0.356 99.394 -0.433
201412 0.415 98.367 0.510
201503 -0.581 99.789 -0.704
201506 0.195 100.500 0.235
201509 -0.068 100.421 -0.082
201512 2.901 99.947 3.511
201603 0.615 101.054 0.736
201606 1.234 102.002 1.463
201609 0.513 101.765 0.610
201612 0.207 101.449 0.247
201703 -1.270 102.634 -1.497
201706 -0.250 103.029 -0.294
201709 -0.547 103.345 -0.640
201712 -0.030 103.345 -0.035
201803 -0.238 105.004 -0.274
201806 -0.042 105.557 -0.048
201809 -1.477 105.636 -1.691
201812 0.250 105.399 0.287
201903 -2.654 106.979 -3.001
201906 6.934 107.690 7.789
201909 4.389 107.611 4.934
201912 7.450 107.769 8.362
202003 4.068 107.927 4.559
202006 3.060 108.401 3.415
202009 11.908 108.164 13.317
202012 7.345 108.559 8.184
202103 7.483 110.298 8.207
202106 5.886 111.720 6.373
202109 9.860 112.905 10.564
202112 12.621 113.774 13.419
202203 6.424 117.646 6.605
202206 8.240 120.806 8.251
202209 4.461 120.648 4.473
202212 -22.857 120.964 -22.857

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.


Yamana Gold  (BUE:AUY) 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.


Yamana Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Yamana Gold (BUE:AUY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2200, Royal Bank Plaza, North Tower, Toronto, ON, CAN, M5J 2J3
Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.

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