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Globex Mining Enterprises (TSX:GMX) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Globex Mining Enterprises Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globex Mining Enterprises Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Globex Mining Enterprises'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.

Globex Mining Enterprises Cyclically Adjusted Price-to-FCF Chart

Globex Mining Enterprises 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 - - - 884.21 193.79

Globex Mining Enterprises 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 884.21 3,641.33 111.02 296.38 193.79

Competitive Comparison of Globex Mining Enterprises's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.


Globex Mining Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Globex Mining Enterprises's Cyclically Adjusted Price-to-FCF falls into.



Globex Mining Enterprises 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.

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

For example, Globex Mining Enterprises'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)
=0.002/125.4675*125.4675
=0.002

Current CPI (Dec. 2023) = 125.4675.

Globex Mining Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.001 98.604 -0.001
201406 -0.005 99.473 -0.006
201409 -0.001 99.394 -0.001
201412 -0.001 98.367 -0.001
201503 0.003 99.789 0.004
201506 0.001 100.500 0.001
201509 0.003 100.421 0.004
201512 -0.004 99.947 -0.005
201603 -0.005 101.054 -0.006
201606 -0.002 102.002 -0.002
201609 0.001 101.765 0.001
201612 -0.024 101.449 -0.030
201703 -0.001 102.634 -0.001
201706 -0.011 103.029 -0.013
201709 -0.006 103.345 -0.007
201712 0.012 103.345 0.015
201803 0.010 105.004 0.012
201806 -0.004 105.557 -0.005
201809 -0.009 105.636 -0.011
201812 -0.003 105.399 -0.004
201903 -0.010 106.979 -0.012
201906 -0.010 107.690 -0.012
201909 -0.006 107.611 -0.007
201912 -0.002 107.769 -0.002
202003 -0.010 107.927 -0.012
202006 -0.005 108.401 -0.006
202009 0.034 108.164 0.039
202012 -0.011 108.559 -0.013
202103 0.005 110.298 0.006
202106 0.000 111.720 0.000
202109 0.199 112.905 0.221
202112 -0.071 113.774 -0.078
202203 -0.095 117.646 -0.101
202206 0.029 120.806 0.030
202209 0.017 120.648 0.018
202212 -0.008 120.964 -0.008
202303 -0.007 122.702 -0.007
202306 0.051 124.203 0.052
202309 -0.005 125.230 -0.005
202312 0.002 125.468 0.002

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.


Globex Mining Enterprises  (TSX:GMX) 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.


Globex Mining Enterprises Cyclically Adjusted Price-to-FCF Related Terms

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Globex Mining Enterprises (TSX:GMX) Business Description

Traded in Other Exchanges
Address
89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.

Globex Mining Enterprises (TSX:GMX) Headlines

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