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Southgobi Resources (HKSE:01878) Cyclically Adjusted Price-to-FCF : 27.85 (As of Jun. 12, 2024)


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What is Southgobi Resources Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Southgobi Resources's current share price is HK$3.62. Southgobi Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.13. Southgobi Resources's Cyclically Adjusted Price-to-FCF for today is 27.85.

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

HKSE:01878' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.33   Med: 35.67   Max: 127.5
Current: 28.25

During the past years, Southgobi Resources's highest Cyclically Adjusted Price-to-FCF was 127.50. The lowest was 25.33. And the median was 35.67.

HKSE:01878's Cyclically Adjusted Price-to-FCF is ranked worse than
80% of 75 companies
in the Other Energy Sources industry
Industry Median: 11.5 vs HKSE:01878: 28.25

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.

Southgobi Resources's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$-0.753. 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 HK$0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southgobi Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Southgobi Resources'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.

Southgobi Resources Cyclically Adjusted Price-to-FCF Chart

Southgobi Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 17.14

Southgobi Resources 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 - - 34.14 17.14 36.65

Competitive Comparison of Southgobi Resources's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, Southgobi Resources'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.


Southgobi Resources's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Southgobi Resources 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.

Southgobi Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.62/0.13
=27.85

* 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.

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

For example, Southgobi Resources'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)
=-0.753/117.7354*117.7354
=-0.753

Current CPI (Mar. 2024) = 117.7354.

Southgobi Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.252 96.409 -0.308
201409 -0.084 97.948 -0.101
201412 -0.495 99.707 -0.585
201503 -0.132 99.927 -0.156
201506 -0.218 99.267 -0.259
201509 -0.073 99.927 -0.086
201512 -0.192 102.015 -0.222
201603 -0.007 102.785 -0.008
201606 -0.025 101.686 -0.029
201609 -0.016 102.565 -0.018
201612 0.046 103.225 0.052
201703 0.223 103.335 0.254
201706 -0.135 103.664 -0.153
201709 -0.058 103.994 -0.066
201712 0.112 104.984 0.126
201803 0.130 105.973 0.144
201806 -0.345 106.193 -0.383
201809 0.198 106.852 0.218
201812 0.198 107.622 0.217
201903 0.247 108.172 0.269
201906 0.017 109.601 0.018
201909 0.025 110.260 0.027
201912 -0.312 110.700 -0.332
202003 -0.109 110.920 -0.116
202006 0.091 110.590 0.097
202009 0.019 107.512 0.021
202012 0.334 109.711 0.358
202103 -0.092 111.579 -0.097
202106 -0.180 111.360 -0.190
202109 -0.034 109.051 -0.037
202112 -0.106 112.349 -0.111
202203 0.082 113.558 0.085
202206 0.030 113.448 0.031
202209 0.173 113.778 0.179
202212 0.118 114.548 0.121
202303 0.805 115.427 0.821
202306 -0.396 115.647 -0.403
202309 0.916 116.087 0.929
202312 1.746 117.296 1.753
202403 -0.753 117.735 -0.753

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.


Southgobi Resources  (HKSE:01878) 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.


Southgobi Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Southgobi Resources (HKSE:01878) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
Executives
Meng Fa Neng Yuan Kong Gu Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Gao Zhu 2201 Interest of corporation controlled by you
Land Grand International Holding Limited 2101 Beneficial owner
Inner Mongolia Tianyu Trading Limited 2201 Interest of corporation controlled by you
Jd Dingxing Limited 2201 Interest of corporation controlled by you
Jd Zhixing Fund L.p. 2101 Beneficial owner
Zhu Chonglin 2201 Interest of corporation controlled by you
An Yong 2201 Interest of corporation controlled by you
Inner Mongolia Yuxinsheng Technology Co., Ltd. 2201 Interest of corporation controlled by you
Inner Mongolia Tianyu Innovation Investment Group Co., Ltd. 2201 Interest of corporation controlled by you
Li Gang 2201 Interest of corporation controlled by you
Wei Hong Guo Ji Neng Yuan Ke Ji Bei Jing You Xian Gong Si 2201 Interest of corporation controlled by you
Nei Meng Gu Wei Hong Neng Yuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited 2101 Beneficial owner

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