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Giga Metals (FRA:BRR2) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Giga Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Giga Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Giga Metals'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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Giga Metals Cyclically Adjusted Price-to-FCF Chart

Giga Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Giga Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Giga Metals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Giga Metals'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.


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

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

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



Giga Metals 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.

Giga Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Giga Metals's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.005/126.2576*126.2576
=-0.005

Current CPI (Mar. 2024) = 126.2576.

Giga Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 99.473 -0.008
201409 -0.004 99.394 -0.005
201412 -0.007 98.367 -0.009
201503 -0.005 99.789 -0.006
201506 -0.006 100.500 -0.008
201509 -0.005 100.421 -0.006
201512 -0.002 99.947 -0.003
201603 -0.002 101.054 -0.002
201606 -0.002 102.002 -0.002
201609 -0.001 101.765 -0.001
201612 0.000 101.449 0.000
201703 -0.002 102.634 -0.002
201706 -0.001 103.029 -0.001
201709 -0.002 103.345 -0.002
201712 -0.006 103.345 -0.007
201803 -0.009 105.004 -0.011
201806 -0.011 105.557 -0.013
201809 -0.042 105.636 -0.050
201812 -0.016 105.399 -0.019
201903 -0.006 106.979 -0.007
201906 -0.012 107.690 -0.014
201909 -0.013 107.611 -0.015
201912 -0.011 107.769 -0.013
202003 -0.013 107.927 -0.015
202006 -0.005 108.401 -0.006
202009 -0.007 108.164 -0.008
202012 -0.007 108.559 -0.008
202103 -0.005 110.298 -0.006
202106 -0.013 111.720 -0.015
202109 -0.031 112.905 -0.035
202112 0.033 113.774 0.037
202203 -0.008 117.646 -0.009
202206 -0.009 120.806 -0.009
202209 -0.020 120.648 -0.021
202212 0.023 120.964 0.024
202303 -0.009 122.702 -0.009
202306 -0.017 124.203 -0.017
202309 -0.007 125.230 -0.007
202312 0.018 125.072 0.018
202403 -0.005 126.258 -0.005

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.


Giga Metals  (FRA:BRR2) 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.


Giga Metals Cyclically Adjusted Price-to-FCF Related Terms

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


Giga Metals (FRA:BRR2) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Giga Metals Corp is engaged in the acquisition and exploration of mineral properties in Canada. The company is focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. It is developing the Turnagain deposit, a giant nickel sulphide deposit in north-central British Columbia, Canada.

Giga Metals (FRA:BRR2) Headlines

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