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International Minerals (FRA:MIW) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is International Minerals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for International 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.

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International Minerals Cyclically Adjusted Price-to-FCF Chart

International Minerals Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
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International Minerals Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of International Minerals's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, International 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.


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

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

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



International 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.

International Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, International Minerals's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2013 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=-0.045/98.7900*98.7900
=-0.045

Current CPI (Sep. 2013) = 98.7900.

International Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200312 -0.017 77.758 -0.022
200403 -0.015 79.066 -0.019
200406 -0.022 80.037 -0.027
200409 0.000 80.121 0.000
200412 -0.022 80.290 -0.027
200503 -0.021 81.555 -0.025
200506 -0.024 82.062 -0.029
200509 0.000 83.876 0.000
200512 -0.019 83.032 -0.023
200603 -0.028 84.298 -0.033
200606 -0.018 85.606 -0.021
200609 -0.030 85.606 -0.035
200612 -0.033 85.142 -0.038
200703 -0.042 86.640 -0.048
200706 -0.035 87.906 -0.039
200709 -0.039 87.964 -0.044
200712 -0.059 88.616 -0.066
200803 -0.029 90.090 -0.032
200806 -0.027 92.320 -0.029
200809 -0.021 92.307 -0.022
200812 -0.032 88.697 -0.036
200903 -0.024 89.744 -0.026
200906 -0.018 91.003 -0.020
200909 -0.018 91.120 -0.020
200912 -0.038 91.111 -0.041
201003 -0.046 91.821 -0.049
201006 -0.032 91.962 -0.034
201009 -0.024 92.162 -0.026
201012 0.095 92.474 0.101
201103 -0.028 94.283 -0.029
201106 0.090 95.235 0.093
201109 0.113 95.727 0.117
201112 0.062 95.213 0.064
201203 -0.047 96.783 -0.048
201206 0.033 96.819 0.034
201209 0.005 97.633 0.005
201212 -0.003 96.871 -0.003
201303 -0.038 98.209 -0.038
201306 -0.013 98.518 -0.013
201309 -0.045 98.790 -0.045

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.


International Minerals  (FRA:MIW) 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.


International Minerals Cyclically Adjusted Price-to-FCF Related Terms

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International Minerals (FRA:MIW) Business Description

Traded in Other Exchanges
N/A
Address
International Minerals Corporation is a Canadian mineral resource company engaged, indirectly through its subsidiaries and investee companies, in the exploration, development and exploitation of gold and silver deposits in the northern Andes of South America (Peru and Ecuador) and in the state of Nevada, U.S.A. The Company has identified proven and probable reserves at its Pallancata, Inmaculada, Rio Blanco and Goldfield properties and is currently developing or may proceed to develop these reserves.

International Minerals (FRA:MIW) Headlines

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