Serabi Gold (FRA:B9O2) Cyclically Adjusted Price-to-FCF: 43.71 (As of Jul. 15, 2026) — 15% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:B9O2 Serabi Gold PLC FRA:B9O2
92 GF Score
Price €3.06
GF Value €2.48
Valuation Modestly Overvalued
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What is Serabi Gold Cyclically Adjusted Price-to-FCF?

Serabi Gold FRA:B9O2 92 Cyclically Adjusted Price-to-FCF is 43.71 as of Jul. 15, 2026, which is 15% below its 10-year median of 51.50. GuruFocus rates FRA:B9O2 with a GF Score™ of 92/100 and a GF Value™ of €2.48 (Modestly Overvalued). Among 287 Metals & Mining companies, Serabi Gold ranks worse than 52.26% on this metric.

As of today (2026-07-15), Serabi Gold's current share price is €3.06. Serabi Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.07. Serabi Gold's Cyclically Adjusted Price-to-FCF for today is 43.71.

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

FRA:B9O2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.17   Med: 51.5   Max: 115
Current: 39.55

During the past years, Serabi Gold's highest Cyclically Adjusted Price-to-FCF was 115.00. The lowest was 39.17. And the median was 51.50.

FRA:B9O2's Cyclically Adjusted Price-to-FCF is ranked worse than
52.26% of 287 companies
in the Metals & Mining industry
Industry Median: 37.18 vs FRA:B9O2: 39.55

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.

Serabi Gold's adjusted free cash flow per share data for the three months ended in Mar. 2026 was €0.221. 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 €0.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Serabi Gold  (FRA:B9O2) 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.


Serabi Gold Cyclically Adjusted Price-to-FCF Related Terms


Serabi Gold Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Serabi 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.

Serabi Gold Cyclically Adjusted Price-to-FCF Chart

Serabi Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 40.08 54.88

Serabi Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 45.64 43.49 61.47 54.88 39.55

FRA:B9O2 vs NEM, AU: Cyclically Adjusted Price-to-FCF Comparison

For the Gold subindustry, Serabi 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.


Serabi Gold Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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


FRA:B9O2
92GF Score
Serabi Gold PLC FRA:B9O2
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serabi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.06/0.07
=43.71

* 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.

Serabi Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Serabi Gold's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.221/140.8000*140.8000
=0.221

Current CPI (Mar. 2026) = 140.8000.

Serabi Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.014 101.000 0.020
201609 0.120 101.500 0.166
201612 0.072 102.200 0.099
201703 -0.019 102.700 -0.026
201706 0.013 103.500 0.018
201709 0.065 104.300 0.088
201712 -0.018 105.000 -0.024
201803 0.008 105.100 0.011
201806 -0.041 105.900 -0.055
201809 -0.079 106.600 -0.104
201812 -0.087 107.100 -0.114
201903 0.045 107.000 0.059
201906 0.013 107.900 0.017
201909 0.025 108.400 0.032
201912 0.002 108.500 0.003
202003 -0.009 108.600 -0.012
202006 0.046 108.800 0.060
202009 0.047 109.200 0.061
202012 -0.025 109.400 -0.032
202103 0.035 109.700 0.045
202106 -0.002 111.400 -0.003
202109 -0.031 112.400 -0.039
202112 -0.034 114.700 -0.042
202203 -0.057 116.500 -0.069
202206 -0.024 120.500 -0.028
202209 0.008 122.300 0.009
202212 -0.034 125.300 -0.038
202303 0.020 126.800 0.022
202306 0.055 129.400 0.060
202309 0.026 130.100 0.028
202312 -0.046 130.500 -0.050
202403 -0.003 131.600 -0.003
202406 0.018 133.000 0.019
202409 0.096 133.500 0.101
202412 0.033 135.100 0.034
202503 0.048 136.100 0.050
202506 0.040 138.400 0.041
202509 0.087 138.900 0.088
202512 0.117 139.900 0.118
202603 0.221 140.800 0.221

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.

What does a Cyclically Adjusted Price-to-FCF of 43.71 mean?
Serabi Gold (FRA:B9O2) has a Cyclically Adjusted Price-to-FCF of 43.71 as of Jul. 15, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Serabi Gold and its competitors. This is 15% below median its historical median of 51.50. Over the past decade, Serabi Gold's Cyclically Adjusted Price-to-FCF has ranged from 39.17 to 115.00. According to the industry distribution chart, Serabi Gold ranks #150 out of 287 companies in the Metals & Mining industry, placing it in the top 52.3%.
Is Serabi Gold's Cyclically Adjusted Price-to-FCF too high?
Serabi Gold's current Cyclically Adjusted Price-to-FCF of 43.71 is 15% below median its 10-year median of 51.50. Over the past 10 years, this metric has ranged from a low of 39.17 to a high of 115.00. The Metals & Mining industry median Cyclically Adjusted Price-to-FCF is 37.18. Serabi Gold's value of 43.71 is 17.6% above this industry median. Based on the distribution chart, Serabi Gold ranks #150 out of 287 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Serabi Gold has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serabi Gold's Cyclically Adjusted Price-to-FCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Serabi Gold ranks #150 out of 287 companies for Cyclically Adjusted Price-to-FCF. This places Serabi Gold in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 37.18. Serabi Gold's value of 43.71 is 17.6% above this benchmark. Historically, Serabi Gold's own Cyclically Adjusted Price-to-FCF has ranged from 39.17 to 115.00 over the past decade. While the company's 10-year median is 51.50 vs. the industry median of 37.18, Serabi Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Metals & Mining company?
The median Cyclically Adjusted Price-to-FCF among Metals & Mining companies is 37.18, based on 287 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Serabi Gold's current Cyclically Adjusted Price-to-FCF of 43.71 is 17.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Serabi Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted Price-to-FCF is 37.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serabi Gold's current Cyclically Adjusted Price-to-FCF is 43.71, which is 15% below median its own 10-year median of 51.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serabi Gold stock overvalued right now?
Based on GuruFocus' analysis, Serabi Gold (FRA:B9O2) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.48, compared to a current price of €3.06 — trading 23.4% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 43.71, which is 15% below median its 10-year median of 51.50 and 17.6% above the Metals & Mining industry median of 37.18. Serabi Gold's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Serabi Gold (FRA:B9O2), the current Cyclically Adjusted Price-to-FCF is 43.71 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Serabi Gold (FRA:B9O2) Overvalued in 2026?

Based on GuruFocus' analysis, Serabi Gold stock appears to be overvalued. The current stock price of €3.06 is trading 23.4% above its estimated GF Value™ of €2.48. GuruFocus considers Serabi Gold to be Modestly Overvalued.

Key valuation signals for FRA:B9O2:

  • Cyclically Adjusted Price-to-FCF: 43.71 (15% below median its 10-year median of 51.50)
  • GF Value™: €2.48 vs. price of €3.06 (23.4% above fair value)
  • GF Score™: 92/100
  • Industry Position: 17.6% above the Metals & Mining median (#150 of 287)

No single metric tells the full story. See the FRA:B9O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Serabi Gold Business Description

Other Exchanges SRBIF:USASRB:UKSBI:Canada
Address Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE
Serabi Gold PLC is a holding and gold sales company and a provider of support and management services to its operating subsidiaries. Together with its subsidiaries it is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. The company has only one primary business activity namely the conduct of gold mining and exploration in Brazil. It has two separate segments, Brazil and UK. Copper/ gold concentrate is produced in Brazil and sales routed through the UK, whilst sales of gold bullion are conducted directly from Brazil.
92GF Score

Get the complete analysis for FRA:B9O2

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.06
Price
€2.48
GF Value