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Signal Gold (TSX:SGNL) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Signal Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Signal Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Signal Gold'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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Signal Gold Cyclically Adjusted Price-to-FCF Chart

Signal Gold Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Signal Gold 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 Signal Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Signal Gold'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.


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

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

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



Signal Gold 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.

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

For example, Signal Gold'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)
=-0.007/126.2576*126.2576
=-0.007

Current CPI (Mar. 2024) = 126.2576.

Signal Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.011 98.051 -0.014
201405 0.019 99.394 0.024
201408 -0.011 99.315 -0.014
201411 -0.018 99.078 -0.023
201502 0.007 99.078 0.009
201505 -0.005 100.263 -0.006
201508 -0.014 100.579 -0.018
201511 -0.009 100.421 -0.011
201602 -0.022 100.421 -0.028
201605 0.028 101.765 0.035
201608 -0.065 101.686 -0.081
201611 0.004 101.607 0.005
201702 -0.025 102.476 -0.031
201705 0.046 103.108 0.056
201708 -0.003 103.108 -0.004
201803 -0.010 105.004 -0.012
201806 0.009 105.557 0.011
201809 -0.001 105.636 -0.001
201812 -0.008 105.399 -0.010
201903 -0.004 106.979 -0.005
201906 -0.055 107.690 -0.064
201909 0.001 107.611 0.001
201912 -0.013 107.769 -0.015
202003 0.019 107.927 0.022
202006 -0.003 108.401 -0.003
202009 0.024 108.164 0.028
202012 -0.011 108.559 -0.013
202103 -0.019 110.298 -0.022
202106 -0.044 111.720 -0.050
202109 -0.029 112.905 -0.032
202112 0.000 113.774 0.000
202203 -0.033 117.646 -0.035
202206 -0.043 120.806 -0.045
202209 0.005 120.648 0.005
202212 0.013 120.964 0.014
202303 -0.016 122.702 -0.016
202306 -0.042 124.203 -0.043
202309 -0.029 125.230 -0.029
202312 0.000 125.072 0.000
202403 -0.007 126.258 -0.007

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.


Signal Gold  (TSX:SGNL) 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.


Signal Gold Cyclically Adjusted Price-to-FCF Related Terms

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Signal Gold (TSX:SGNL) Business Description

Industry
Traded in Other Exchanges
Address
20 Adelaide St. East, Suite 915, Toronto, ON, CAN, M5C 2T6
Signal Gold Inc is gold mining, development, and exploration company focused on the top-tier Canadian mining jurisdictions of Nova Scotia and Newfoundland. The company operates mining and milling operations in the Goldboro Gold Project in Nova Scotia, the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility, and deep-water port, as well as 15,000 hectares of mineral property at Tilt Cove.
Executives
Robert Dufour Senior Officer

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