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Ivanhoe Mines (TSX:IVN) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Ivanhoe Mines Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ivanhoe Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ivanhoe Mines'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.

Ivanhoe Mines Cyclically Adjusted Price-to-FCF Chart

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

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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.


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

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

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



Ivanhoe Mines 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.

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

For example, Ivanhoe Mines'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)
=-0.167/125.4675*125.4675
=-0.167

Current CPI (Mar. 2024) = 125.4675.

Ivanhoe Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.094 99.473 -0.119
201409 -0.076 99.394 -0.096
201412 -0.079 98.367 -0.101
201503 -0.072 99.789 -0.091
201506 -0.049 100.500 -0.061
201509 -0.054 100.421 -0.067
201512 -0.054 99.947 -0.068
201603 -0.041 101.054 -0.051
201606 -0.023 102.002 -0.028
201609 -0.032 101.765 -0.039
201612 -0.030 101.449 -0.037
201703 -0.037 102.634 -0.045
201706 -0.035 103.029 -0.043
201709 -0.043 103.345 -0.052
201712 -0.045 103.345 -0.055
201803 -0.063 105.004 -0.075
201806 -0.052 105.557 -0.062
201809 -0.051 105.636 -0.061
201812 -0.052 105.399 -0.062
201903 -0.055 106.979 -0.065
201906 -0.042 107.690 -0.049
201909 -0.043 107.611 -0.050
201912 -0.020 107.769 -0.023
202003 -0.034 107.927 -0.040
202006 -0.032 108.401 -0.037
202009 -0.028 108.164 -0.032
202012 -0.021 108.559 -0.024
202103 -0.028 110.298 -0.032
202106 -0.030 111.720 -0.034
202109 -0.039 112.905 -0.043
202112 0.036 113.774 0.040
202203 -0.044 117.646 -0.047
202206 -0.037 120.806 -0.038
202209 0.183 120.648 0.190
202212 -0.077 120.964 -0.080
202303 -0.104 122.702 -0.106
202306 -0.143 124.203 -0.144
202309 -0.149 125.230 -0.149
202312 -0.150 125.468 -0.150
202403 -0.167 125.468 -0.167

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.


Ivanhoe Mines  (TSX:IVN) 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.


Ivanhoe Mines Cyclically Adjusted Price-to-FCF Related Terms

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Ivanhoe Mines (TSX:IVN) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.

Ivanhoe Mines (TSX:IVN) Headlines

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