GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Nordic Metals Corp (OSTO:FNMC SDB) » Definitions » Cyclically Adjusted Price-to-FCF

First Nordic Metals (OSTO:FNMC SDB) Cyclically Adjusted Price-to-FCF : (As of Jun. 28, 2025)


View and export this data going back to 2025. Start your Free Trial

What is First Nordic Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Nordic Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Nordic Metals'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.

First Nordic Metals Cyclically Adjusted Price-to-FCF Chart

First Nordic Metals Annual Data
Trend Apr15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Nordic Metals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 First Nordic Metals's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, First Nordic Metals'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.


First Nordic Metals's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where First Nordic Metals's Cyclically Adjusted Price-to-FCF falls into.


;
;

First Nordic Metals 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.

First Nordic Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, First Nordic Metals's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.124/129.1809*129.1809
=-0.124

Current CPI (Mar. 2025) = 129.1809.

First Nordic Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.000 99.710 0.000
201507 0.000 100.579 0.000
201510 0.000 100.500 0.000
201603 -0.004 101.054 -0.005
201606 -0.007 102.002 -0.009
201609 -0.005 101.765 -0.006
201612 -0.009 101.449 -0.011
201703 -0.019 102.634 -0.024
201706 -0.021 103.029 -0.026
201709 -0.025 103.345 -0.031
201712 -0.023 103.345 -0.029
201803 -0.022 105.004 -0.027
201806 -0.015 105.557 -0.018
201809 -0.012 105.636 -0.015
201812 -0.023 105.399 -0.028
201903 -0.019 106.979 -0.023
201906 -0.020 107.690 -0.024
201909 -0.016 107.611 -0.019
201912 -0.015 107.769 -0.018
202003 -0.018 107.927 -0.022
202006 -0.012 108.401 -0.014
202009 -0.013 108.164 -0.016
202012 -0.016 108.559 -0.019
202103 -0.031 110.298 -0.036
202106 -0.020 111.720 -0.023
202109 -0.025 112.905 -0.029
202112 -0.032 113.774 -0.036
202203 -0.020 117.646 -0.022
202206 -0.022 120.806 -0.024
202209 -0.026 120.648 -0.028
202212 -0.023 120.964 -0.025
202303 -0.028 122.702 -0.029
202306 -0.022 124.203 -0.023
202309 -0.019 125.230 -0.020
202312 -0.017 125.072 -0.018
202403 -0.030 126.258 -0.031
202406 -0.050 127.522 -0.051
202409 -0.091 127.285 -0.092
202412 -0.078 127.364 -0.079
202503 -0.124 129.181 -0.124

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.


First Nordic Metals  (OSTO:FNMC SDB) 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.


First Nordic Metals Cyclically Adjusted Price-to-FCF Related Terms

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


First Nordic Metals Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
First Nordic Metals Corp is a Canadian-based gold exploration company, consolidating assets in Sweden and Finland. The company's flagship asset is the Barsele gold project in northern Sweden. Immediately surrounding the Barsele project, First Nordic is 100%-owner of a district-scale license position comprised of two additional project areas (Paubacken, Storjuktan), which combined with the Barsele project, total ~100 km of strike coverage of the Gold Line greenstone belt. Additionally, in northern Finland, the company is the 100%-owner of a district-scale position covering the entire underexplored Oijarvi greenstone belt, including the Kylmakangas deposit, the gold occurrence on this belt.

First Nordic Metals Headlines

No Headlines