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Vista Gold (TSX:VGZ) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Vista Gold Cyclically Adjusted Price-to-FCF Historical Data

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

Vista Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Vista 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 Vista Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Vista 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.


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

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

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



Vista 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.

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

For example, Vista 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)
=-0.016/131.7762*131.7762
=-0.016

Current CPI (Mar. 2024) = 131.7762.

Vista Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.026 100.560 -0.034
201409 -0.017 100.428 -0.022
201412 -0.022 99.070 -0.029
201503 -0.021 99.621 -0.028
201506 0.059 100.684 0.077
201509 0.034 100.392 0.045
201512 -0.027 99.792 -0.036
201603 -0.017 100.470 -0.022
201606 -0.025 101.688 -0.032
201609 -0.020 101.861 -0.026
201612 -0.012 101.863 -0.016
201703 -0.033 102.862 -0.042
201706 -0.022 103.349 -0.028
201709 -0.025 104.136 -0.032
201712 -0.035 104.011 -0.044
201803 -0.042 105.290 -0.053
201806 -0.024 106.317 -0.030
201809 -0.018 106.507 -0.022
201812 -0.030 105.998 -0.037
201903 -0.024 107.251 -0.029
201906 -0.022 108.070 -0.027
201909 -0.024 108.329 -0.029
201912 -0.024 108.420 -0.029
202003 -0.024 108.902 -0.029
202006 -0.020 108.767 -0.024
202009 -0.018 109.815 -0.022
202012 -0.027 109.897 -0.032
202103 -0.031 111.754 -0.037
202106 -0.026 114.631 -0.030
202109 -0.029 115.734 -0.033
202112 -0.035 117.630 -0.039
202203 -0.026 121.301 -0.028
202206 -0.020 125.017 -0.021
202209 -0.017 125.227 -0.018
202212 -0.019 125.222 -0.020
202303 -0.020 127.348 -0.021
202306 -0.013 128.729 -0.013
202309 -0.012 129.860 -0.012
202312 -0.020 129.419 -0.020
202403 -0.016 131.776 -0.016

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.


Vista Gold  (TSX:VGZ) 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.


Vista Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Vista Gold (TSX:VGZ) Business Description

Industry
Traded in Other Exchanges
Address
7961 Shaffer Parkway, Suite 5, Littleton, CO, USA, 80127
Vista Gold Corp is a gold mining company. It is engaged in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects. The company evaluate, acquire, explore and advance gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions. These activities are currently focused principally in Australia.
Executives
Douglas Lee Tobler Senior Officer