GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ecometals Ltd (OTCPK:ECMLF) » Definitions » Cyclically Adjusted Price-to-FCF

Ecometals (Ecometals) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Ecometals Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecometals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ecometals'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.

Ecometals Cyclically Adjusted Price-to-FCF Chart

Ecometals Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ecometals Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 Ecometals's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Ecometals'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.


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

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

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



Ecometals 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.

Ecometals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Ecometals's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2012 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=-0.002/95.7598*95.7598
=-0.002

Current CPI (Dec. 2012) = 95.7598.

Ecometals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200303 -0.020 81.459 -0.024
200306 -0.022 80.985 -0.026
200309 -0.043 81.459 -0.051
200312 -0.030 81.538 -0.035
200403 -0.041 82.091 -0.048
200406 -0.041 83.039 -0.047
200409 -0.025 82.960 -0.029
200412 -0.020 83.276 -0.023
200503 -0.015 83.987 -0.017
200506 -0.010 84.461 -0.011
200509 -0.026 85.647 -0.029
200512 -0.029 85.015 -0.033
200603 -0.026 85.805 -0.029
200606 -0.034 86.516 -0.038
200609 -0.025 86.279 -0.028
200612 -0.028 86.437 -0.031
200703 -0.017 87.780 -0.019
200706 -0.015 88.412 -0.016
200709 -0.005 88.412 -0.005
200712 -0.018 88.491 -0.019
200803 -0.025 88.965 -0.027
200806 -0.016 91.177 -0.017
200809 -0.012 91.414 -0.013
200812 -0.060 89.518 -0.064
200903 -0.042 90.071 -0.045
200906 -0.021 90.940 -0.022
200909 -0.029 90.624 -0.031
200912 -0.033 90.703 -0.035
201003 -0.035 91.335 -0.037
201006 -0.030 91.809 -0.031
201009 -0.018 92.362 -0.019
201012 -0.012 92.836 -0.012
201103 -0.033 94.338 -0.033
201106 -0.037 94.654 -0.037
201109 -0.016 95.286 -0.016
201112 -0.025 94.970 -0.025
201203 -0.009 96.155 -0.009
201206 -0.017 96.076 -0.017
201209 -0.006 96.392 -0.006
201212 -0.002 95.760 -0.002

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.


Ecometals  (OTCPK:ECMLF) 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.


Ecometals Cyclically Adjusted Price-to-FCF Related Terms

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


Ecometals (Ecometals) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suit 1305, Vancouver, BC, CAN, V6E 3V7
Ecometals Ltd is a mineral exploration company which focuses on South America. Its exploration portfolio includes gold projects in Ecuador and Brazil, and manganese gold and iron ore projects in Brazil.

Ecometals (Ecometals) Headlines

No Headlines