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Ivanhoe Mines (Ivanhoe Mines) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


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What is Ivanhoe Mines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ivanhoe Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ivanhoe Mines'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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Ivanhoe Mines Cyclically Adjusted Price-to-FCF Chart

Ivanhoe Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ivanhoe Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ivanhoe Mines's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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.


Ivanhoe Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Ivanhoe Mines 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.

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

For example, Ivanhoe Mines'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)
=-0.123/126.2576*126.2576
=-0.123

Current CPI (Mar. 2024) = 126.2576.

Ivanhoe Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.087 99.473 -0.110
201409 -0.069 99.394 -0.088
201412 -0.069 98.367 -0.089
201503 -0.057 99.789 -0.072
201506 -0.040 100.500 -0.050
201509 -0.041 100.421 -0.052
201512 -0.039 99.947 -0.049
201603 -0.031 101.054 -0.039
201606 -0.018 102.002 -0.022
201609 -0.025 101.765 -0.031
201612 -0.022 101.449 -0.027
201703 -0.028 102.634 -0.034
201706 -0.027 103.029 -0.033
201709 -0.035 103.345 -0.043
201712 -0.035 103.345 -0.043
201803 -0.049 105.004 -0.059
201806 -0.039 105.557 -0.047
201809 -0.039 105.636 -0.047
201812 -0.039 105.399 -0.047
201903 -0.041 106.979 -0.048
201906 -0.032 107.690 -0.038
201909 -0.032 107.611 -0.038
201912 -0.015 107.769 -0.018
202003 -0.024 107.927 -0.028
202006 -0.024 108.401 -0.028
202009 -0.022 108.164 -0.026
202012 -0.016 108.559 -0.019
202103 -0.022 110.298 -0.025
202106 -0.024 111.720 -0.027
202109 -0.031 112.905 -0.035
202112 0.028 113.774 0.031
202203 -0.035 117.646 -0.038
202206 -0.029 120.806 -0.030
202209 0.137 120.648 0.143
202212 -0.057 120.964 -0.059
202303 -0.076 122.702 -0.078
202306 -0.108 124.203 -0.110
202309 -0.110 125.230 -0.111
202312 -0.112 125.072 -0.113
202403 -0.123 126.258 -0.123

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.


Ivanhoe Mines  (OTCPK:IVPAF) 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.


Ivanhoe Mines Cyclically Adjusted Price-to-FCF Related Terms

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Ivanhoe Mines (Ivanhoe Mines) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.