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First Quantum Minerals (FRA:IZ1) Cyclically Adjusted Price-to-FCF : 218.73 (As of May. 16, 2024)


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What is First Quantum Minerals Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), First Quantum Minerals's current share price is €13.124. First Quantum Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.06. First Quantum Minerals's Cyclically Adjusted Price-to-FCF for today is 218.73.

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

FRA:IZ1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 169.56   Med: 202.67   Max: 217
Current: 212.79

During the past years, First Quantum Minerals's highest Cyclically Adjusted Price-to-FCF was 217.00. The lowest was 169.56. And the median was 202.67.

FRA:IZ1's Cyclically Adjusted Price-to-FCF is ranked worse than
94.31% of 246 companies
in the Metals & Mining industry
Industry Median: 22.06 vs FRA:IZ1: 212.79

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.

First Quantum Minerals's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.179. 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 €0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Quantum Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Quantum Minerals'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.

First Quantum Minerals Cyclically Adjusted Price-to-FCF Chart

First Quantum Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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First Quantum Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 158.64

Competitive Comparison of First Quantum Minerals's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, First Quantum Minerals'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.


First Quantum Minerals's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



First Quantum Minerals 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.

First Quantum Minerals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.124/0.06
=218.73

* 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.

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

For example, First Quantum Minerals'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)
=0.179/125.4675*125.4675
=0.179

Current CPI (Mar. 2024) = 125.4675.

First Quantum Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.541 99.473 -0.682
201409 -0.697 99.394 -0.880
201412 -0.567 98.367 -0.723
201503 -0.353 99.789 -0.444
201506 -0.391 100.500 -0.488
201509 -0.255 100.421 -0.319
201512 0.510 99.947 0.640
201603 -0.024 101.054 -0.030
201606 0.027 102.002 0.033
201609 -0.008 101.765 -0.010
201612 -0.291 101.449 -0.360
201703 -0.098 102.634 -0.120
201706 -0.205 103.029 -0.250
201709 -0.260 103.345 -0.316
201712 -0.363 103.345 -0.441
201803 0.420 105.004 0.502
201806 -0.209 105.557 -0.248
201809 -0.104 105.636 -0.124
201812 -0.342 105.399 -0.407
201903 -0.370 106.979 -0.434
201906 -0.300 107.690 -0.350
201909 -0.157 107.611 -0.183
201912 0.098 107.769 0.114
202003 0.399 107.927 0.464
202006 0.032 108.401 0.037
202009 0.387 108.164 0.449
202012 0.431 108.559 0.498
202103 0.684 110.298 0.778
202106 0.498 111.720 0.559
202109 0.527 112.905 0.586
202112 0.619 113.774 0.683
202203 0.507 117.646 0.541
202206 0.859 120.806 0.892
202209 0.334 120.648 0.347
202212 -0.109 120.964 -0.113
202303 0.046 122.702 0.047
202306 0.530 124.203 0.535
202309 0.302 125.230 0.303
202312 -0.701 125.468 -0.701
202403 0.179 125.468 0.179

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.


First Quantum Minerals  (FRA:IZ1) 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.


First Quantum Minerals Cyclically Adjusted Price-to-FCF Related Terms

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First Quantum Minerals (FRA:IZ1) Business Description

Traded in Other Exchanges
Address
330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia and Mauritania. The Company's reportable operating segments are Cobre Panama, Kansanshi, Trident and Ravensthorpe. Majority of the revenue is generated from Cobre Panama.

First Quantum Minerals (FRA:IZ1) Headlines

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