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Alacer Gold (FRA:TQL) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


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What is Alacer Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alacer Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alacer 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.

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Alacer Gold Cyclically Adjusted Price-to-FCF Chart

Alacer Gold Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Alacer Gold Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Alacer Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Alacer 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.


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

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

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



Alacer 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.

Alacer Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Alacer Gold's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=0.189/108.7673*108.7673
=0.189

Current CPI (Jun. 2020) = 108.7673.

Alacer Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201009 -0.164 92.162 -0.194
201012 -0.154 92.474 -0.181
201103 0.004 94.283 0.005
201106 0.059 95.235 0.067
201109 0.120 95.727 0.136
201112 0.165 95.213 0.188
201203 0.090 96.783 0.101
201206 0.076 96.819 0.085
201209 0.073 97.633 0.081
201212 0.028 96.871 0.031
201303 0.093 98.209 0.103
201306 0.030 98.518 0.033
201309 0.074 98.790 0.081
201312 0.086 98.326 0.095
201403 0.073 99.695 0.080
201406 0.029 100.560 0.031
201409 0.090 100.428 0.097
201412 0.093 99.070 0.102
201503 0.024 99.621 0.026
201506 0.034 100.684 0.037
201509 0.050 100.392 0.054
201512 0.021 99.792 0.023
201603 -0.019 100.470 -0.021
201606 -0.053 101.688 -0.057
201609 -0.126 101.861 -0.135
201612 -0.128 101.863 -0.137
201703 -0.157 102.862 -0.166
201706 -0.217 103.349 -0.228
201709 -0.185 104.136 -0.193
201712 -0.141 104.011 -0.147
201803 -0.149 105.290 -0.154
201806 -0.159 106.317 -0.163
201809 -0.105 106.507 -0.107
201812 -0.058 105.998 -0.060
201903 0.094 107.251 0.095
201906 0.078 108.070 0.079
201909 0.227 108.329 0.228
201912 0.196 108.420 0.197
202003 0.165 108.902 0.165
202006 0.189 108.767 0.189

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.


Alacer Gold  (FRA:TQL) 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.


Alacer Gold Cyclically Adjusted Price-to-FCF Related Terms

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Alacer Gold (FRA:TQL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7001 East Belleview Avenue, Suite 800, Denver, CO, USA, 80237
Alacer Gold Corp is a gold mining company. The group operates in one reportable operating segment consisting of mining, development, and exploration of mineral deposits in Turkey. It is focused on two parts of exploration: the Copler District and Turkey Regional. Geographically, it generates maximum revenue from the Turkey business unit.

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