GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Foraco International SA (TSX:FAR) » Definitions » Cyclically Adjusted Price-to-FCF

Foraco International (TSX:FAR) Cyclically Adjusted Price-to-FCF : 29.40 (As of May. 01, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Foraco International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Foraco International's current share price is C$2.94. Foraco International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.10. Foraco International's Cyclically Adjusted Price-to-FCF for today is 29.40.

The historical rank and industry rank for Foraco International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:FAR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.14   Med: 6.57   Max: 55
Current: 31.28

During the past years, Foraco International's highest Cyclically Adjusted Price-to-FCF was 55.00. The lowest was 1.14. And the median was 6.57.

TSX:FAR's Cyclically Adjusted Price-to-FCF is ranked worse than
62.3% of 252 companies
in the Metals & Mining industry
Industry Median: 22.165 vs TSX:FAR: 31.28

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Foraco International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$0.337. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Foraco International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Foraco International'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.

Foraco International Cyclically Adjusted Price-to-FCF Chart

Foraco International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.21 7.43 46.02 23.86 20.42

Foraco International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.86 27.81 20.17 24.73 20.42

Competitive Comparison of Foraco International's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Foraco International'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.


Foraco International's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Foraco International 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.

Foraco International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.94/0.1
=29.40

* 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.

Foraco International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Foraco International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.337/118.2300*118.2300
=0.337

Current CPI (Dec. 2023) = 118.2300.

Foraco International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.120 100.240 -0.142
201406 0.151 100.180 0.178
201409 -0.019 99.920 -0.022
201412 0.047 99.860 0.056
201503 -0.075 100.170 -0.089
201506 -0.017 100.440 -0.020
201509 0.107 99.950 0.127
201512 0.047 100.040 0.056
201603 -0.114 100.020 -0.135
201606 -0.023 100.630 -0.027
201609 -0.013 100.340 -0.015
201612 -0.010 100.650 -0.012
201703 -0.009 101.170 -0.011
201706 -0.051 101.320 -0.060
201709 -0.025 101.330 -0.029
201712 0.066 101.850 0.077
201803 -0.115 102.750 -0.132
201806 0.044 103.370 0.050
201809 -0.038 103.560 -0.043
201812 0.008 103.470 0.009
201903 0.003 103.890 0.003
201906 0.020 104.580 0.023
201909 0.027 104.500 0.031
201912 0.065 104.980 0.073
202003 -0.024 104.590 -0.027
202006 0.111 104.790 0.125
202009 0.109 104.550 0.123
202012 0.054 104.960 0.061
202103 -0.120 105.750 -0.134
202106 0.149 106.340 0.166
202109 0.067 106.810 0.074
202112 0.034 107.850 0.037
202203 -0.178 110.490 -0.190
202206 0.139 112.550 0.146
202209 0.095 112.740 0.100
202212 0.182 114.160 0.188
202303 -0.077 116.790 -0.078
202306 0.102 117.650 0.103
202309 0.028 118.260 0.028
202312 0.337 118.230 0.337

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.


Foraco International  (TSX:FAR) 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.


Foraco International Cyclically Adjusted Price-to-FCF Related Terms

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


Foraco International (TSX:FAR) Business Description

Traded in Other Exchanges
Address
26, Plage de l’Estaque, Marseille, FRA, 13016
Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies primarily involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

Foraco International (TSX:FAR) Headlines

No Headlines