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PolyMet Mining (TSX:POM) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is PolyMet Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


PolyMet Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PolyMet Mining'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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PolyMet Mining Cyclically Adjusted Price-to-FCF Chart

PolyMet Mining Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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PolyMet Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of PolyMet Mining's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, PolyMet Mining'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.


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

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

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



PolyMet Mining 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.

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

For example, PolyMet Mining's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.039/128.7287*128.7287
=-0.039

Current CPI (Jun. 2023) = 128.7287.

PolyMet Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201307 -0.371 98.557 -0.485
201310 -0.270 98.536 -0.353
201401 -0.253 98.692 -0.330
201404 -0.320 100.023 -0.412
201407 -0.245 100.520 -0.314
201410 -0.260 100.176 -0.334
201501 -0.282 98.604 -0.368
201504 -0.282 99.824 -0.364
201507 -0.353 100.691 -0.451
201510 -0.286 100.346 -0.367
201601 -0.405 99.957 -0.522
201604 -0.334 100.947 -0.426
201607 -0.223 101.524 -0.283
201610 -0.317 101.988 -0.400
201701 -0.257 102.456 -0.323
201704 -0.248 103.167 -0.309
201707 -0.262 103.278 -0.327
201710 -0.271 104.070 -0.335
201803 -0.255 105.290 -0.312
201806 -0.264 106.317 -0.320
201809 -0.401 106.507 -0.485
201812 -1.094 105.998 -1.329
201903 -0.290 107.251 -0.348
201906 -0.126 108.070 -0.150
201909 -0.077 108.329 -0.091
201912 -0.092 108.420 -0.109
202003 -0.078 108.902 -0.092
202006 -0.107 108.767 -0.127
202009 -0.069 109.815 -0.081
202012 -0.072 109.897 -0.084
202103 -0.045 111.754 -0.052
202106 -0.043 114.631 -0.048
202109 -0.061 115.734 -0.068
202112 -0.055 117.630 -0.060
202203 -0.061 121.301 -0.065
202206 -0.059 125.017 -0.061
202209 -0.065 125.227 -0.067
202212 -0.102 125.222 -0.105
202303 -0.129 127.348 -0.130
202306 -0.039 128.729 -0.039

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.


PolyMet Mining  (TSX:POM) 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.


PolyMet Mining Cyclically Adjusted Price-to-FCF Related Terms

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PolyMet Mining (TSX:POM) Business Description

Traded in Other Exchanges
N/A
Address
444 Cedar Street, Suite 2060, St. Paul, MN, USA, 55101
PolyMet Mining Corp is engaged in the exploration and development of natural resource properties. The company's primary mineral property is the NorthMet Project, which is a polymetallic project in northeastern Minnesota, USA. The NorthMet Project comprises two key elements: the NorthMet deposit (or Mine Site) and the Erie Plant. The company ultimately plans to produce metals such as copper, nickel, cobalt, gold, silver, and platinum.