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Caledonia Mining (Caledonia Mining) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Caledonia Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Caledonia Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Caledonia Mining'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.

Caledonia Mining Cyclically Adjusted Price-to-FCF Chart

Caledonia Mining 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 26.45 44.26 53.32 - -

Caledonia Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Caledonia Mining's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Caledonia Mining'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.


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

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

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



Caledonia Mining 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.

Caledonia Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Caledonia Mining's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.246/129.4194*129.4194
=-0.246

Current CPI (Dec. 2023) = 129.4194.

Caledonia Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.364 99.695 0.473
201406 0.009 100.560 0.012
201409 0.200 100.428 0.258
201412 -0.097 99.070 -0.127
201503 -0.163 99.621 -0.212
201506 -0.063 100.684 -0.081
201509 -0.387 100.392 -0.499
201512 -0.329 99.792 -0.427
201603 -0.143 100.470 -0.184
201606 0.211 101.688 0.269
201609 0.256 101.861 0.325
201612 -0.026 101.863 -0.033
201703 -0.143 102.862 -0.180
201706 0.041 103.349 0.051
201709 0.192 104.136 0.239
201712 0.183 104.011 0.228
201803 0.174 105.290 0.214
201806 -0.630 106.317 -0.767
201809 0.137 106.507 0.166
201812 0.089 105.998 0.109
201903 0.108 107.251 0.130
201906 -0.185 108.070 -0.222
201909 -0.066 108.329 -0.079
201912 -0.032 108.420 -0.038
202003 0.464 108.902 0.551
202006 0.063 108.767 0.075
202009 -0.228 109.815 -0.269
202012 -0.026 109.897 -0.031
202103 -0.372 111.754 -0.431
202106 0.352 114.631 0.397
202109 -0.156 115.734 -0.174
202112 -0.425 117.630 -0.468
202203 0.015 121.301 0.016
202206 0.255 125.017 0.264
202209 -0.169 125.227 -0.175
202212 -0.228 125.222 -0.236
202303 -0.297 127.348 -0.302
202306 -0.436 128.729 -0.438
202309 0.225 129.860 0.224
202312 -0.246 129.419 -0.246

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.


Caledonia Mining  (AMEX:CMCL) 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.


Caledonia Mining Cyclically Adjusted Price-to-FCF Related Terms

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


Caledonia Mining (Caledonia Mining) Business Description

Traded in Other Exchanges
Address
B006 Millais House, Castle Quay, Saint Helier, JEY, JE2 3NF
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's geographical segment includes Zimbabwe and South Africa. Its operations are into Blanket Gold Mine located in the south-west of Zimbabwe. The majority of revenue is generated from the Zimbabwe segment.

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