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Imperial Metals (TSX:III) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Imperial Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Imperial Metals'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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Imperial Metals Cyclically Adjusted Price-to-FCF Chart

Imperial Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Imperial Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Imperial Metals's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, Imperial Metals'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.


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

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

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



Imperial Metals 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.

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

For example, Imperial Metals'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)
=-0.245/125.4675*125.4675
=-0.245

Current CPI (Dec. 2023) = 125.4675.

Imperial Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.106 98.604 -1.407
201406 -1.566 99.473 -1.975
201409 -1.220 99.394 -1.540
201412 -0.627 98.367 -0.800
201503 -1.100 99.789 -1.383
201506 -0.509 100.500 -0.635
201509 -0.201 100.421 -0.251
201512 -0.314 99.947 -0.394
201603 0.218 101.054 0.271
201606 0.133 102.002 0.164
201609 -0.338 101.765 -0.417
201612 -0.184 101.449 -0.228
201703 -0.046 102.634 -0.056
201706 -0.296 103.029 -0.360
201709 -0.336 103.345 -0.408
201712 0.128 103.345 0.155
201803 0.001 105.004 0.001
201806 -0.027 105.557 -0.032
201809 -0.171 105.636 -0.203
201812 0.690 105.399 0.821
201903 -0.242 106.979 -0.284
201906 0.131 107.690 0.153
201909 -0.128 107.611 -0.149
201912 -0.048 107.769 -0.056
202003 -0.064 107.927 -0.074
202006 -0.098 108.401 -0.113
202009 -0.072 108.164 -0.084
202012 -0.115 108.559 -0.133
202103 -0.143 110.298 -0.163
202106 -0.091 111.720 -0.102
202109 -0.177 112.905 -0.197
202112 -0.224 113.774 -0.247
202203 -0.463 117.646 -0.494
202206 -0.339 120.806 -0.352
202209 -0.354 120.648 -0.368
202212 -0.405 120.964 -0.420
202303 -0.111 122.702 -0.114
202306 -0.185 124.203 -0.187
202309 -0.260 125.230 -0.260
202312 -0.245 125.468 -0.245

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.


Imperial Metals  (TSX:III) 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.


Imperial Metals Cyclically Adjusted Price-to-FCF Related Terms

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Imperial Metals (TSX:III) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 200, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia. It explores copper, gold, silver, and other minerals in which copper is the company's principal product.