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Altamira Gold (TSXV:ALTA) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Altamira Gold Cyclically Adjusted Price-to-FCF Historical Data

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

Altamira Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
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Altamira Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Altamira Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Altamira 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.


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

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

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



Altamira 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.

Altamira Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Altamira Gold's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.002/125.4675*125.4675
=-0.002

Current CPI (Nov. 2023) = 125.4675.

Altamira Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 -0.071 98.051 -0.091
201405 -0.025 99.394 -0.032
201408 0.011 99.315 0.014
201411 -0.009 99.078 -0.011
201502 -0.159 99.078 -0.201
201505 -0.128 100.263 -0.160
201508 -0.144 100.579 -0.180
201511 -0.308 100.421 -0.385
201602 -0.165 100.421 -0.206
201605 -0.043 101.765 -0.053
201608 -0.107 101.686 -0.132
201611 -0.022 101.607 -0.027
201702 -0.016 102.476 -0.020
201705 -0.024 103.108 -0.029
201708 -0.024 103.108 -0.029
201711 0.019 103.740 0.023
201802 -0.009 104.688 -0.011
201805 -0.006 105.399 -0.007
201808 -0.006 106.031 -0.007
201811 -0.003 105.478 -0.004
201902 -0.003 106.268 -0.004
201905 -0.007 107.927 -0.008
201908 -0.007 108.085 -0.008
201911 -0.002 107.769 -0.002
202002 -0.004 108.559 -0.005
202005 -0.004 107.532 -0.005
202008 -0.003 108.243 -0.003
202011 -0.003 108.796 -0.003
202102 -0.001 109.745 -0.001
202105 -0.002 111.404 -0.002
202108 -0.003 112.668 -0.003
202111 -0.004 113.932 -0.004
202202 0.000 115.986 0.000
202205 -0.002 120.016 -0.002
202208 -0.001 120.569 -0.001
202211 -0.002 121.675 -0.002
202302 -0.002 122.070 -0.002
202305 -0.002 124.045 -0.002
202308 -0.001 125.389 -0.001
202311 -0.002 125.468 -0.002

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.


Altamira Gold  (TSXV:ALTA) 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.


Altamira Gold Cyclically Adjusted Price-to-FCF Related Terms

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Altamira Gold (TSXV:ALTA) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Altamira Gold Corp is a junior natural resource company. Principally, it is engaged in the acquisition, exploration, development, and mining of mineral properties. Its project consists of Cajueiro Project, Crepori Project, Apiacas Project, Nova Canaa, Santa Helena and others. The geographical segments of the group are Canada and Brazil.
Executives
Michael Bennett Senior Officer

Altamira Gold (TSXV:ALTA) Headlines

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