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Fortuna Silver Mines (FRA:F4S) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Fortuna Silver Mines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortuna Silver Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fortuna Silver Mines'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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Fortuna Silver Mines Cyclically Adjusted Price-to-FCF Chart

Fortuna Silver Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Fortuna Silver Mines 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 Fortuna Silver Mines's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Fortuna Silver Mines'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.


Fortuna Silver Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Fortuna Silver Mines 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.

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

For example, Fortuna Silver Mines'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)
=0.023/126.2576*126.2576
=0.023

Current CPI (Mar. 2024) = 126.2576.

Fortuna Silver Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.036 99.473 -0.046
201409 0.068 99.394 0.086
201412 0.011 98.367 0.014
201503 0.018 99.789 0.023
201506 -0.038 100.500 -0.048
201509 0.022 100.421 0.028
201512 -0.017 99.947 -0.021
201603 -0.114 101.054 -0.142
201606 -0.036 102.002 -0.045
201609 0.115 101.765 0.143
201612 0.105 101.449 0.131
201703 -0.015 102.634 -0.018
201706 0.003 103.029 0.004
201709 0.046 103.345 0.056
201712 0.073 103.345 0.089
201803 0.045 105.004 0.054
201806 0.030 105.557 0.036
201809 -0.104 105.636 -0.124
201812 0.071 105.399 0.085
201903 -0.162 106.979 -0.191
201906 -0.178 107.690 -0.209
201909 -0.367 107.611 -0.431
201912 -0.175 107.769 -0.205
202003 -0.177 107.927 -0.207
202006 -0.103 108.401 -0.120
202009 0.062 108.164 0.072
202012 0.142 108.559 0.165
202103 0.021 110.298 0.024
202106 0.034 111.720 0.038
202109 -0.040 112.905 -0.045
202112 -0.013 113.774 -0.014
202203 -0.098 117.646 -0.105
202206 -0.021 120.806 -0.022
202209 0.020 120.648 0.021
202212 -0.077 120.964 -0.080
202303 -0.063 122.702 -0.065
202306 -0.073 124.203 -0.074
202309 0.221 125.230 0.223
202312 0.159 125.072 0.161
202403 0.023 126.258 0.023

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.


Fortuna Silver Mines  (FRA:F4S) 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.


Fortuna Silver Mines Cyclically Adjusted Price-to-FCF Related Terms

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Fortuna Silver Mines (FRA:F4S) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d'Ivoire. The company earns revenue from contracts with customers related to its concentrate and dore sales.

Fortuna Silver Mines (FRA:F4S) Headlines

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