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GreenFirst Forest Products (TSX:GFP) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is GreenFirst Forest Products Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


GreenFirst Forest Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GreenFirst Forest Products'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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GreenFirst Forest Products Cyclically Adjusted Price-to-FCF Chart

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

For the Lumber & Wood Production subindustry, GreenFirst Forest Products'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.


GreenFirst Forest Products's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where GreenFirst Forest Products's Cyclically Adjusted Price-to-FCF falls into.



GreenFirst Forest Products 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.

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

For example, GreenFirst Forest Products'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)
=-0.149/126.2576*126.2576
=-0.149

Current CPI (Mar. 2024) = 126.2576.

GreenFirst Forest Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 99.473 -0.001
201409 -0.002 99.394 -0.003
201412 -0.002 98.367 -0.003
201503 -0.001 99.789 -0.001
201506 -0.002 100.500 -0.003
201509 -0.002 100.421 -0.003
201512 -0.013 99.947 -0.016
201603 -0.006 101.054 -0.007
201606 -0.010 102.002 -0.012
201609 -0.008 101.765 -0.010
201612 -0.009 101.449 -0.011
201703 -0.001 102.634 -0.001
201706 -0.001 103.029 -0.001
201709 0.000 103.345 0.000
201712 -0.001 103.345 -0.001
201803 0.002 105.004 0.002
201806 -0.001 105.557 -0.001
201809 -0.003 105.636 -0.004
201812 0.001 105.399 0.001
201903 -0.007 106.979 -0.008
201906 -0.004 107.690 -0.005
201909 -0.001 107.611 -0.001
201912 -0.014 107.769 -0.016
202003 0.017 107.927 0.020
202006 -0.014 108.401 -0.016
202009 0.004 108.164 0.005
202012 -0.036 108.559 -0.042
202103 -0.020 110.298 -0.023
202106 -0.061 111.720 -0.069
202109 -0.042 112.905 -0.047
202112 0.022 113.774 0.024
202203 0.017 117.646 0.018
202206 0.252 120.806 0.263
202209 -0.024 120.648 -0.025
202212 -0.129 120.964 -0.135
202303 -0.410 122.702 -0.422
202306 -0.026 124.203 -0.026
202309 0.000 125.230 0.000
202312 -0.027 125.072 -0.027
202403 -0.149 126.258 -0.149

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.


GreenFirst Forest Products  (TSX:GFP) 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.


GreenFirst Forest Products Cyclically Adjusted Price-to-FCF Related Terms

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


GreenFirst Forest Products (TSX:GFP) Business Description

Traded in Other Exchanges
Address
401 The West Mall, Suite 1000, Vancouver, BC, CAN, M9C 5J5
GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. The Company operates through two business segments: forest products and paper products. Through its forest products segment, the Company produces and markets a wide range of forest products for use in residential and commercial construction, including SPF lumber, wood chips, and by-products. The Paper Products segment manufactures and sells paper-grade products used in printing newspapers, promotional materials, food service bags, and other related paper products.
Executives
Michael Clark Mitchell Director

GreenFirst Forest Products (TSX:GFP) Headlines

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