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Meridian Mining UK Societas (TSX:MNO) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Meridian Mining UK Societas Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meridian Mining UK Societas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meridian Mining UK Societas'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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Meridian Mining UK Societas Cyclically Adjusted Price-to-FCF Chart

Meridian Mining UK Societas Annual Data
Trend Jan14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Meridian Mining UK Societas 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 Meridian Mining UK Societas's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Meridian Mining UK Societas'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.


Meridian Mining UK Societas's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Meridian Mining UK Societas's Cyclically Adjusted Price-to-FCF falls into.



Meridian Mining UK Societas 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.

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

For example, Meridian Mining UK Societas'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)
=-0.022/130.0000*130.0000
=-0.022

Current CPI (Dec. 2023) = 130.0000.

Meridian Mining UK Societas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 -0.007 98.700 -0.009
201404 -0.009 99.600 -0.012
201407 -0.009 99.600 -0.012
201410 -0.006 100.100 -0.008
201503 -0.006 99.600 -0.008
201506 -0.013 100.100 -0.017
201509 -0.001 100.200 -0.001
201512 -0.120 100.400 -0.155
201603 -0.033 100.400 -0.043
201606 -0.029 101.000 -0.037
201609 -0.037 101.500 -0.047
201612 -0.041 102.200 -0.052
201703 -0.008 102.700 -0.010
201706 -0.031 103.500 -0.039
201709 -0.025 104.300 -0.031
201712 -0.015 105.000 -0.019
201803 -0.001 105.100 -0.001
201806 -0.015 105.900 -0.018
201809 -0.016 106.600 -0.020
201812 -0.006 107.100 -0.007
201903 -0.011 107.000 -0.013
201906 -0.008 107.900 -0.010
201909 -0.010 108.400 -0.012
201912 -0.012 108.500 -0.014
202003 -0.004 108.600 -0.005
202006 -0.001 108.800 -0.001
202009 -0.012 109.200 -0.014
202012 -0.009 109.400 -0.011
202103 -0.012 109.700 -0.014
202106 -0.012 111.400 -0.014
202109 -0.022 112.400 -0.025
202112 -0.019 114.700 -0.022
202203 -0.013 116.500 -0.015
202206 -0.016 120.500 -0.017
202209 -0.022 122.300 -0.023
202212 -0.014 125.300 -0.015
202303 -0.018 126.800 -0.018
202306 -0.013 129.400 -0.013
202309 -0.016 130.100 -0.016
202312 -0.022 130.000 -0.022

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.


Meridian Mining UK Societas  (TSX:MNO) 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.


Meridian Mining UK Societas Cyclically Adjusted Price-to-FCF Related Terms

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


Meridian Mining UK Societas (TSX:MNO) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Meridian Mining UK Societas along with its subsidiaries engages in the acquisition, exploration, development, and mining activities in Brazil. It focuses on exploring and developing the Espigao manganese project, the Ariquemes tin JV area, and adjacent areas in the state of Rondonia. It also undertakes the Cabacal Project, Mato Grosso.

Meridian Mining UK Societas (TSX:MNO) Headlines

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