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Sprott Physical Platinum & Palladium Tr (Sprott Physical Platinum & Palladium Tr) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr'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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Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Price-to-FCF Chart

Sprott Physical Platinum & Palladium Tr Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sprott Physical Platinum & Palladium Tr 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 Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr'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.


Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Price-to-FCF falls into.



Sprott Physical Platinum & Palladium Tr 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.

Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sprott Physical Platinum & Palladium Tr'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)
=-0.058/126.2576*126.2576
=-0.058

Current CPI (Mar. 2024) = 126.2576.

Sprott Physical Platinum & Palladium Tr Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.029 99.473 -0.037
201409 -0.024 99.394 -0.030
201412 -0.025 98.367 -0.032
201503 -0.019 99.789 -0.024
201506 -0.018 100.500 -0.023
201509 -0.018 100.421 -0.023
201512 -0.019 99.947 -0.024
201603 -0.082 101.054 -0.102
201606 0.047 102.002 0.058
201609 -0.025 101.765 -0.031
201612 -0.022 101.449 -0.027
201703 -0.018 102.634 -0.022
201706 -0.021 103.029 -0.026
201709 -0.018 103.345 -0.022
201712 -0.026 103.345 -0.032
201803 -0.018 105.004 -0.022
201806 -0.029 105.557 -0.035
201809 -0.026 105.636 -0.031
201812 -0.019 105.399 -0.023
201903 -0.028 106.979 -0.033
201906 -0.045 107.690 -0.053
201909 -0.035 107.611 -0.041
201912 -0.063 107.769 -0.074
202003 -0.037 107.927 -0.043
202006 -0.065 108.401 -0.076
202009 -0.070 108.164 -0.082
202012 -0.042 108.559 -0.049
202103 -0.043 110.298 -0.049
202106 -0.051 111.720 -0.058
202109 -0.045 112.905 -0.050
202112 0.001 113.774 0.001
202203 1.058 117.646 1.135
202206 -1.053 120.806 -1.101
202209 -0.083 120.648 -0.087
202212 -0.003 120.964 -0.003
202303 -0.029 122.702 -0.030
202306 -0.087 124.203 -0.088
202309 0.011 125.230 0.011
202312 -0.004 125.072 -0.004
202403 -0.058 126.258 -0.058

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.


Sprott Physical Platinum & Palladium Tr  (ARCA:SPPP) 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.


Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Price-to-FCF Related Terms

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Sprott Physical Platinum & Palladium Tr (Sprott Physical Platinum & Palladium Tr) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

Sprott Physical Platinum & Palladium Tr (Sprott Physical Platinum & Palladium Tr) Headlines