GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Gold International Resources Corp Ltd (HKSE:02099) » Definitions » Cyclically Adjusted Price-to-FCF

China Gold International Resources (HKSE:02099) Cyclically Adjusted Price-to-FCF : 836.67 (As of Jun. 16, 2024)


View and export this data going back to 2010. Start your Free Trial

What is China Gold International Resources Cyclically Adjusted Price-to-FCF?

As of today (2024-06-16), China Gold International Resources's current share price is HK$50.20. China Gold International Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.06. China Gold International Resources's Cyclically Adjusted Price-to-FCF for today is 836.67.

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

HKSE:02099' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 794   Med: 884   Max: 921
Current: 836.09

During the past years, China Gold International Resources's highest Cyclically Adjusted Price-to-FCF was 921.00. The lowest was 794.00. And the median was 884.00.

HKSE:02099's Cyclically Adjusted Price-to-FCF is ranked worse than
97.58% of 248 companies
in the Metals & Mining industry
Industry Median: 20.175 vs HKSE:02099: 836.09

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.

China Gold International Resources's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$-0.563. 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$0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Gold International Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Gold International 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.

China Gold International Resources Cyclically Adjusted Price-to-FCF Chart

China Gold International 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 - - - - -

China Gold International 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 - - - - 817.17

Competitive Comparison of China Gold International Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, China Gold International 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.


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

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

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



China Gold International 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.

China Gold International Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.20/0.06
=836.67

* 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.

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

For example, China Gold International 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)
=-0.563/126.2576*126.2576
=-0.563

Current CPI (Mar. 2024) = 126.2576.

China Gold International Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.289 99.473 -1.636
201409 -1.555 99.394 -1.975
201412 -0.658 98.367 -0.845
201503 -1.711 99.789 -2.165
201506 -1.341 100.500 -1.685
201509 -0.505 100.421 -0.635
201512 -0.550 99.947 -0.695
201603 -0.622 101.054 -0.777
201606 -0.648 102.002 -0.802
201609 -0.378 101.765 -0.469
201612 -0.797 101.449 -0.992
201703 -0.844 102.634 -1.038
201706 -0.763 103.029 -0.935
201709 -0.326 103.345 -0.398
201712 -1.094 103.345 -1.337
201803 0.077 105.004 0.093
201806 0.535 105.557 0.640
201809 0.062 105.636 0.074
201812 -0.247 105.399 -0.296
201903 -0.685 106.979 -0.808
201906 0.787 107.690 0.923
201909 0.536 107.611 0.629
201912 -0.092 107.769 -0.108
202003 -0.372 107.927 -0.435
202006 0.542 108.401 0.631
202009 1.750 108.164 2.043
202012 0.554 108.559 0.644
202103 2.217 110.298 2.538
202106 1.241 111.720 1.402
202109 1.646 112.905 1.841
202112 0.054 113.774 0.060
202203 2.873 117.646 3.083
202206 1.736 120.806 1.814
202209 1.543 120.648 1.615
202212 1.777 120.964 1.855
202303 2.334 122.702 2.402
202306 -1.852 124.203 -1.883
202309 -0.837 125.230 -0.844
202312 -0.820 125.072 -0.828
202403 -0.563 126.258 -0.563

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.


China Gold International Resources  (HKSE:02099) 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.


China Gold International Resources Cyclically Adjusted Price-to-FCF Related Terms

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


China Gold International Resources (HKSE:02099) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4
China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.
Executives
Zhong Guo Huang Jin Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Huang Jin Ji Tuan Xiang Gang You Xian Gong Si 2101 Beneficial owner

China Gold International Resources (HKSE:02099) Headlines

No Headlines