GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Karora Resources Inc (TSX:KRR) » Definitions » Cyclically Adjusted Price-to-FCF

Karora Resources (TSX:KRR) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Karora Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Karora Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Karora Resources'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.

Karora Resources Cyclically Adjusted Price-to-FCF Chart

Karora Resources 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 - - - - -

Karora Resources 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 - - - - -

Competitive Comparison of Karora Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Karora Resources'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.


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

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

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



Karora Resources 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.

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

For example, Karora Resources'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.

Karora Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.161 98.604 -0.205
201406 -0.113 99.473 -0.143
201409 -0.202 99.394 -0.255
201412 -0.150 98.367 -0.191
201503 -0.096 99.789 -0.121
201506 -0.129 100.500 -0.161
201509 -0.146 100.421 -0.182
201512 -0.164 99.947 -0.206
201603 -0.133 101.054 -0.165
201606 -0.107 102.002 -0.132
201609 -0.167 101.765 -0.206
201612 0.478 101.449 0.591
201703 -0.021 102.634 -0.026
201706 -0.332 103.029 -0.404
201709 -0.186 103.345 -0.226
201712 -0.077 103.345 -0.093
201803 -0.066 105.004 -0.079
201806 -0.128 105.557 -0.152
201809 0.036 105.636 0.043
201812 -0.090 105.399 -0.107
201903 -0.111 106.979 -0.130
201906 -0.088 107.690 -0.103
201909 -0.017 107.611 -0.020
201912 0.099 107.769 0.115
202003 0.033 107.927 0.038
202006 0.084 108.401 0.097
202009 0.093 108.164 0.108
202012 0.119 108.559 0.138
202103 0.003 110.298 0.003
202106 0.061 111.720 0.069
202109 -0.020 112.905 -0.022
202112 0.049 113.774 0.054
202203 -0.082 117.646 -0.087
202206 -0.151 120.806 -0.157
202209 -0.353 120.648 -0.367
202212 0.085 120.964 0.088
202303 0.006 122.702 0.006
202306 0.058 124.203 0.059
202309 0.102 125.230 0.102
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.


Karora Resources  (TSX:KRR) 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.


Karora Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Karora Resources (TSX:KRR) Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1608, Toronto, ON, CAN, M5H 3L5
Karora Resources Inc is a multi-asset mineral resource company engaged in the production and exploration and evaluation activities in Australia. Its main assets are the Beta Hunt Mine; HGO toll processing and gold mining operation; and the Spargos Reward Gold Project, all of which are located in Western Australia.

Karora Resources (TSX:KRR) Headlines

No Headlines