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Argonaut Gold (FRA:A8U) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Argonaut Gold Cyclically Adjusted Price-to-FCF Historical Data

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

Argonaut Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Argonaut Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Argonaut Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Argonaut 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.


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

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

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



Argonaut 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.

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

For example, Argonaut Gold'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)
=0.008/125.4675*125.4675
=0.008

Current CPI (Dec. 2023) = 125.4675.

Argonaut Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.051 98.604 -0.065
201406 -0.012 99.473 -0.015
201409 -0.028 99.394 -0.035
201412 0.047 98.367 0.060
201503 0.095 99.789 0.119
201506 0.001 100.500 0.001
201509 0.004 100.421 0.005
201512 0.024 99.947 0.030
201603 0.001 101.054 0.001
201606 0.028 102.002 0.034
201609 -0.014 101.765 -0.017
201612 -0.043 101.449 -0.053
201703 -0.001 102.634 -0.001
201706 0.091 103.029 0.111
201709 0.030 103.345 0.036
201712 0.007 103.345 0.008
201803 0.033 105.004 0.039
201806 0.006 105.557 0.007
201809 -0.009 105.636 -0.011
201812 -0.053 105.399 -0.063
201903 0.059 106.979 0.069
201906 -0.021 107.690 -0.024
201909 0.044 107.611 0.051
201912 0.033 107.769 0.038
202003 0.031 107.927 0.036
202006 0.117 108.401 0.135
202009 0.063 108.164 0.073
202012 -0.009 108.559 -0.010
202103 -0.034 110.298 -0.039
202106 -0.041 111.720 -0.046
202109 -0.114 112.905 -0.127
202112 -0.145 113.774 -0.160
202203 -0.207 117.646 -0.221
202206 0.038 120.806 0.039
202209 -0.166 120.648 -0.173
202212 -0.099 120.964 -0.103
202303 -0.011 122.702 -0.011
202306 0.005 124.203 0.005
202309 0.047 125.230 0.047
202312 0.008 125.468 0.008

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.


Argonaut Gold  (FRA:A8U) 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.


Argonaut Gold Cyclically Adjusted Price-to-FCF Related Terms

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Argonaut Gold (FRA:A8U) Business Description

Traded in Other Exchanges
Address
9600 Prototype Court, Reno, NV, USA, 89521
Argonaut Gold Inc is a Canadian gold company engaged in exploration, mine development, and production. Its primary assets are the El Castillo mine and the San Agustin mine, which together form the El Castillo Complex in Durango, Mexico, the La Colorada mine in Sonora, Mexico, and the Florida Canyon mine in Nevada, USA. The company also holds the construction stage Magino project, the exploration stage Cerro del Gallo project, and several other exploration stage projects, all of which are located in North America.

Argonaut Gold (FRA:A8U) Headlines

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