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Skeena Resources (Skeena Resources) Cyclically Adjusted Price-to-FCF : (As of Jun. 17, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Skeena Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Skeena 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.

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Skeena Resources Cyclically Adjusted Price-to-FCF Chart

Skeena Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Skeena Resources 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 Skeena Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Skeena 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.


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

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

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



Skeena 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.

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

For example, Skeena 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)
=-0.204/126.2576*126.2576
=-0.204

Current CPI (Mar. 2024) = 126.2576.

Skeena Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.449 99.473 0.570
201409 0.326 99.394 0.414
201412 -0.462 98.367 -0.593
201503 -0.048 99.789 -0.061
201506 -0.187 100.500 -0.235
201509 -0.509 100.421 -0.640
201512 -0.240 99.947 -0.303
201603 -0.138 101.054 -0.172
201606 -0.119 102.002 -0.147
201609 -0.335 101.765 -0.416
201612 -0.284 101.449 -0.353
201703 -0.077 102.634 -0.095
201706 -0.081 103.029 -0.099
201709 -0.119 103.345 -0.145
201712 -0.265 103.345 -0.324
201803 -0.033 105.004 -0.040
201806 -0.180 105.557 -0.215
201809 -0.068 105.636 -0.081
201812 -0.212 105.399 -0.254
201903 -0.027 106.979 -0.032
201906 -0.044 107.690 -0.052
201909 -0.065 107.611 -0.076
201912 -0.138 107.769 -0.162
202003 -0.159 107.927 -0.186
202006 -0.147 108.401 -0.171
202009 -0.376 108.164 -0.439
202012 -0.514 108.559 -0.598
202103 -0.494 110.298 -0.565
202106 -0.461 111.720 -0.521
202109 -0.318 112.905 -0.356
202112 -0.541 113.774 -0.600
202203 -0.189 117.646 -0.203
202206 -0.296 120.806 -0.309
202209 -0.259 120.648 -0.271
202212 -0.445 120.964 -0.464
202303 -0.169 122.702 -0.174
202306 -0.152 124.203 -0.155
202309 -0.201 125.230 -0.203
202312 -0.370 125.072 -0.374
202403 -0.204 126.258 -0.204

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.


Skeena Resources  (NYSE:SKE) 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.


Skeena Resources Cyclically Adjusted Price-to-FCF Related Terms

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Skeena Resources (Skeena Resources) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 650, Vancouver, BC, CAN, V6E 0C3
Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.