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Turquoise Hill Resources (STU:IHM1) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Turquoise Hill Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Turquoise Hill Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Turquoise Hill 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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Turquoise Hill Resources Cyclically Adjusted Price-to-FCF Chart

Turquoise Hill Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Turquoise Hill Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Turquoise Hill Resources's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, Turquoise Hill 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.


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

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

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



Turquoise Hill 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.

Turquoise Hill Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Turquoise Hill Resources's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-1.512/120.6479*120.6479
=-1.512

Current CPI (Sep. 2022) = 120.6479.

Turquoise Hill Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 -3.593 95.760 -4.527
201303 -3.494 97.103 -4.341
201306 -2.833 97.182 -3.517
201309 -2.303 97.419 -2.852
201312 -1.314 96.945 -1.635
201403 -0.802 98.604 -0.981
201406 0.309 99.473 0.375
201409 0.683 99.394 0.829
201412 1.612 98.367 1.977
201503 0.335 99.789 0.405
201506 0.883 100.500 1.060
201509 0.602 100.421 0.723
201512 0.264 99.947 0.319
201603 0.624 101.054 0.745
201606 0.121 102.002 0.143
201609 -0.198 101.765 -0.235
201612 -1.028 101.449 -1.223
201703 -0.286 102.634 -0.336
201706 -1.102 103.029 -1.290
201709 -0.521 103.345 -0.608
201712 -1.528 103.345 -1.784
201803 -1.073 105.004 -1.233
201806 -1.147 105.557 -1.311
201809 -1.076 105.636 -1.229
201812 -1.466 105.399 -1.678
201903 -1.456 106.979 -1.642
201906 -0.851 107.690 -0.953
201909 -1.458 107.611 -1.635
201912 -2.112 107.769 -2.364
202003 -1.464 107.927 -1.637
202006 -1.517 108.401 -1.688
202009 -0.746 108.164 -0.832
202012 -0.790 108.559 -0.878
202103 -1.601 110.298 -1.751
202106 -0.037 111.720 -0.040
202109 0.731 112.905 0.781
202112 -0.886 113.774 -0.940
202203 -0.485 117.646 -0.497
202206 -0.150 120.806 -0.150
202209 -1.512 120.648 -1.512

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.


Turquoise Hill Resources  (STU:IHM1) 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.


Turquoise Hill Resources Cyclically Adjusted Price-to-FCF Related Terms

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Turquoise Hill Resources (STU:IHM1) Business Description

Traded in Other Exchanges
N/A
Address
1 Place Ville-Marie, Suite 3680, Montreal, QC, CAN, H3B 3P2
Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.

Turquoise Hill Resources (STU:IHM1) Headlines

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