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The historical data trend for Novagold 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.
Novagold Resources Annual Data | |||||||||||||||||||||
Trend | Nov14 | Nov15 | Nov16 | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||||
Cyclically Adjusted Price-to-FCF | Get a 7-Day Free Trial | - | - | - | - | - |
Novagold Resources Quarterly Data | ||||||||||||||||||||
Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | |
Cyclically Adjusted Price-to-FCF | Get a 7-Day Free Trial | - | - | - | - | - |
For the Gold subindustry, Novagold 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.
For the Metals & Mining industry and Basic Materials sector, Novagold Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Novagold Resources's Cyclically Adjusted Price-to-FCF falls into.
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.
Novagold Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Aug. 2024 is calculated as:
For example, Novagold Resources's adjusted Free Cash Flow per Share data for the three months ended in Aug. 2024 was:
Adj_FreeCashFlowPerShare | = | Free Cash Flow per Share | / | CPI of Aug. 2024 (Change) | * | Current CPI (Aug. 2024) |
= | -0.012 | / | 132.8158 | * | 132.8158 | |
= | -0.012 |
Current CPI (Aug. 2024) = 132.8158.
Novagold Resources Quarterly Data
Free Cash Flow per Share | CPI | Adj_FreeCashFlowPerShare | |
201411 | -0.008 | 99.635 | -0.011 |
201502 | -0.018 | 99.032 | -0.024 |
201505 | -0.008 | 100.333 | -0.011 |
201508 | -0.006 | 100.548 | -0.008 |
201511 | -0.002 | 100.135 | -0.003 |
201602 | -0.024 | 100.040 | -0.032 |
201605 | -0.007 | 101.355 | -0.009 |
201608 | -0.002 | 101.617 | -0.003 |
201611 | 0.005 | 101.829 | 0.007 |
201702 | -0.013 | 102.779 | -0.017 |
201705 | -0.005 | 103.256 | -0.006 |
201708 | -0.005 | 103.587 | -0.006 |
201711 | -0.002 | 104.072 | -0.003 |
201802 | -0.014 | 105.052 | -0.018 |
201805 | -0.006 | 106.148 | -0.008 |
201808 | -0.005 | 106.383 | -0.006 |
201811 | -0.008 | 106.338 | -0.010 |
201902 | -0.010 | 106.649 | -0.012 |
201905 | -0.005 | 108.048 | -0.006 |
201908 | -0.001 | 108.245 | -0.001 |
201911 | -0.003 | 108.519 | -0.004 |
202002 | -0.011 | 109.139 | -0.013 |
202005 | -0.006 | 108.175 | -0.007 |
202008 | -0.006 | 109.662 | -0.007 |
202011 | -0.009 | 109.793 | -0.011 |
202102 | -0.013 | 110.968 | -0.016 |
202105 | -0.006 | 113.576 | -0.007 |
202108 | -0.006 | 115.421 | -0.007 |
202111 | -0.005 | 117.269 | -0.006 |
202202 | -0.018 | 119.703 | -0.020 |
202205 | -0.007 | 123.323 | -0.008 |
202208 | -0.005 | 124.958 | -0.005 |
202211 | -0.007 | 125.607 | -0.007 |
202302 | -0.013 | 126.928 | -0.014 |
202305 | -0.001 | 128.314 | -0.001 |
202308 | -0.004 | 129.538 | -0.004 |
202311 | -0.005 | 129.548 | -0.005 |
202402 | -0.016 | 130.930 | -0.016 |
202405 | -0.004 | 132.509 | -0.004 |
202408 | -0.012 | 132.816 | -0.012 |
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.
Novagold Resources (AMEX:NG) 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.
Thank you for viewing the detailed overview of Novagold Resources's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Gregory A. Lang | director, officer: President & CEO | C/O TRILOGY METALS INC., 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4 |
Kalidas V Madhavpeddi | director | 511 ARROYO SQ, SOUTH PASADENA CA 91030 |
Diane R Garrett | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111 |
Ethan Schutt | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
Anthony P. Walsh | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
Dawn Patricia Whittaker | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
Hume D. Kyle | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
Quintanilla Daniel Muniz | director | C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028 |
Sharon Dowdall | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
David A. Ottewell | officer: Vice President & CFO | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
Clynton R. Nauman | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
C. Kevin Mcarthur | director | 1144 15TH STREET, SUITE 2500, DENVER CO 80202 |
Igor Levental | director | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
Elaine J Dorward-king | director | 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111 |
David Deisley | officer: Exec. VP & General Counsel | C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
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