GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novagold Resources Inc (AMEX:NG) » Definitions » Cyclically Adjusted Price-to-FCF

NG (Novagold Resources) Cyclically Adjusted Price-to-FCF : (As of Dec. 15, 2024)


View and export this data going back to 2003. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Novagold Resources Cyclically Adjusted Price-to-FCF Historical Data

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.

* Premium members only.

Novagold Resources Cyclically Adjusted Price-to-FCF Chart

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 Premium Member Only Premium Member Only - - - - -

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 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 - - - - -

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

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.


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

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.



Novagold 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.

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.


Novagold Resources Cyclically Adjusted Price-to-FCF Related Terms

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.


Novagold Resources Business Description

Traded in Other Exchanges
Address
201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
Executives
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