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Taseko Mines (TSX:TKO) Cyclically Adjusted Price-to-FCF : 21.94 (As of May. 15, 2024)


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

As of today (2024-05-15), Taseko Mines's current share price is C$3.73. Taseko Mines's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.17. Taseko Mines's Cyclically Adjusted Price-to-FCF for today is 21.94.

The historical rank and industry rank for Taseko Mines's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:TKO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.94   Med: 17.51   Max: 94.67
Current: 21.25

During the past years, Taseko Mines's highest Cyclically Adjusted Price-to-FCF was 94.67. The lowest was 8.94. And the median was 17.51.

TSX:TKO's Cyclically Adjusted Price-to-FCF is ranked worse than
50.61% of 245 companies
in the Metals & Mining industry
Industry Median: 20.97 vs TSX:TKO: 21.25

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Taseko Mines's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.129. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taseko Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taseko 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.

Taseko Mines Cyclically Adjusted Price-to-FCF Chart

Taseko Mines 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 - - 60.86 15.53 11.32

Taseko Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.30 11.62 10.01 11.32 17.57

Competitive Comparison of Taseko Mines's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, Taseko 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.


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

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

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



Taseko 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.

Taseko Mines's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.73/0.17
=21.94

* 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.

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

For example, Taseko 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)
=0.129/125.4675*125.4675
=0.129

Current CPI (Mar. 2024) = 125.4675.

Taseko Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 99.473 0.045
201409 0.050 99.394 0.063
201412 -0.110 98.367 -0.140
201503 -0.041 99.789 -0.052
201506 0.140 100.500 0.175
201509 0.068 100.421 0.085
201512 -0.021 99.947 -0.026
201603 -0.026 101.054 -0.032
201606 -0.039 102.002 -0.048
201609 -0.054 101.765 -0.067
201612 0.186 101.449 0.230
201703 0.284 102.634 0.347
201706 0.165 103.029 0.201
201709 0.035 103.345 0.042
201712 0.015 103.345 0.018
201803 -0.058 105.004 -0.069
201806 -0.013 105.557 -0.015
201809 -0.013 105.636 -0.015
201812 0.079 105.399 0.094
201903 -0.026 106.979 -0.030
201906 0.016 107.690 0.019
201909 -0.006 107.611 -0.007
201912 -0.018 107.769 -0.021
202003 0.009 107.927 0.010
202006 0.114 108.401 0.132
202009 0.086 108.164 0.100
202012 0.030 108.559 0.035
202103 -0.105 110.298 -0.119
202106 0.172 111.720 0.193
202109 0.171 112.905 0.190
202112 0.062 113.774 0.068
202203 0.102 117.646 0.109
202206 -0.028 120.806 -0.029
202209 -0.021 120.648 -0.022
202212 -0.048 120.964 -0.050
202303 0.011 122.702 0.011
202306 -0.022 124.203 -0.022
202309 0.052 125.230 0.052
202312 0.073 125.468 0.073
202403 0.129 125.468 0.129

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.


Taseko Mines  (TSX:TKO) 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.


Taseko Mines Cyclically Adjusted Price-to-FCF Related Terms

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Taseko Mines (TSX:TKO) Business Description

Industry
Traded in Other Exchanges
Address
1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1
Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.
Executives
Anu Dhir Director
Bryce Hamming Senior Officer
Stuart David Mcdonald Senior Officer
Brian Lee Bergot Senior Officer