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Discovery Harbour Resources (TSXV:DHR) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is Discovery Harbour Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Discovery Harbour Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Discovery Harbour 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.

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Discovery Harbour Resources Cyclically Adjusted Price-to-FCF Chart

Discovery Harbour Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Discovery Harbour Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Discovery Harbour Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Discovery Harbour 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.


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

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

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



Discovery Harbour 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.

Discovery Harbour Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Discovery Harbour Resources's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.003/125.0724*125.0724
=-0.003

Current CPI (Dec. 2023) = 125.0724.

Discovery Harbour Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.169 98.604 -0.214
201406 -0.215 99.473 -0.270
201409 -0.108 99.394 -0.136
201412 -0.175 98.367 -0.223
201503 -0.154 99.789 -0.193
201506 -0.295 100.500 -0.367
201509 -0.175 100.421 -0.218
201512 -0.099 99.947 -0.124
201603 -0.061 101.054 -0.075
201606 -0.040 102.002 -0.049
201609 -0.044 101.765 -0.054
201612 -0.019 101.449 -0.023
201703 -0.037 102.634 -0.045
201706 -0.046 103.029 -0.056
201709 -0.023 103.345 -0.028
201712 -0.012 103.345 -0.015
201803 -0.021 105.004 -0.025
201806 -0.013 105.557 -0.015
201809 -0.047 105.636 -0.056
201812 -0.024 105.399 -0.028
201903 -0.015 106.979 -0.018
201906 -0.014 107.690 -0.016
201909 -0.010 107.611 -0.012
201912 -0.098 107.769 -0.114
202003 -0.019 107.927 -0.022
202006 -0.022 108.401 -0.025
202009 -0.046 108.164 -0.053
202012 -0.023 108.559 -0.026
202103 -0.027 110.298 -0.031
202106 -0.020 111.720 -0.022
202109 -0.093 112.905 -0.103
202112 -0.069 113.774 -0.076
202203 -0.014 117.646 -0.015
202206 -0.007 120.806 -0.007
202209 -0.009 120.648 -0.009
202212 -0.004 120.964 -0.004
202303 -0.005 122.702 -0.005
202306 -0.014 124.203 -0.014
202309 -0.004 125.230 -0.004
202312 -0.003 125.072 -0.003

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.


Discovery Harbour Resources  (TSXV:DHR) 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.


Discovery Harbour Resources Cyclically Adjusted Price-to-FCF Related Terms

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Discovery Harbour Resources (TSXV:DHR) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Discovery Harbour Resources Corp is a Canada-based company engaged in sourcing, exploring, and developing mineral properties. Its projects consist of Caldera property and Fortuity 89 Projects in southwestern Nevada.

Discovery Harbour Resources (TSXV:DHR) Headlines