GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Commerce Resources Corp (TSXV:CCE) » Definitions » Cyclically Adjusted Price-to-FCF

Commerce Resources (TSXV:CCE) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Commerce Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Commerce Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Commerce Resources'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.

Commerce Resources Cyclically Adjusted Price-to-FCF Chart

Commerce Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Commerce Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of Commerce Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Commerce Resources'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.


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

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

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



Commerce Resources 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.

Commerce Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Commerce Resources's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.001/125.0724*125.0724
=-0.001

Current CPI (Jan. 2024) = 125.0724.

Commerce Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.058 98.920 -0.073
201407 0.025 99.315 0.031
201410 0.006 99.473 0.008
201501 -0.085 98.209 -0.108
201504 -0.024 99.710 -0.030
201507 0.008 100.579 0.010
201510 0.002 100.500 0.002
201601 -0.060 100.184 -0.075
201604 -0.021 101.370 -0.026
201607 -0.012 101.844 -0.015
201610 0.028 102.002 0.034
201701 -0.006 102.318 -0.007
201704 -0.043 103.029 -0.052
201707 -0.029 103.029 -0.035
201710 0.017 103.424 0.021
201801 -0.004 104.056 -0.005
201804 -0.001 105.320 -0.001
201807 0.002 106.110 0.002
201810 -0.010 105.952 -0.012
201901 -0.001 105.557 -0.001
201904 0.001 107.453 0.001
201907 -0.001 108.243 -0.001
201910 -0.047 107.927 -0.054
202001 -0.008 108.085 -0.009
202004 0.000 107.216 0.000
202007 -0.010 108.401 -0.012
202010 -0.003 108.638 -0.003
202101 -0.011 109.192 -0.013
202104 -0.011 110.851 -0.012
202107 -0.008 112.431 -0.009
202110 -0.003 113.695 -0.003
202201 -0.003 114.801 -0.003
202204 0.001 118.357 0.001
202207 -0.008 120.964 -0.008
202210 0.001 121.517 0.001
202301 -0.005 121.596 -0.005
202304 0.001 123.571 0.001
202307 0.001 124.914 0.001
202310 -0.003 125.310 -0.003
202401 -0.001 125.072 -0.001

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.


Commerce Resources  (TSXV:CCE) 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.


Commerce Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Commerce Resources (TSXV:CCE) Business Description

Traded in Other Exchanges
Address
789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Commerce Resources Corp is an exploration stage company based in Canada. It engages in the business of acquiring, exploring, developing, and evaluating mineral resource properties. The company is specifically focused on the development of the Ashram Rare Earth Project at the Eldor Property in Quebec, and the Blue River Tantalum and Niobium Project in British Columbia.
Executives
Jody Dahrouge Director

Commerce Resources (TSXV:CCE) Headlines

No Headlines