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Delta Resources (TSXV:DLTA) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Delta 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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Delta Resources Cyclically Adjusted Price-to-FCF Chart

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

For the Gold subindustry, Delta 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.


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

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

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



Delta 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.

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

For example, Delta Resources'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)
=-0.011/126.2576*126.2576
=-0.011

Current CPI (Mar. 2024) = 126.2576.

Delta Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.007 99.473 -0.009
201409 -0.024 99.394 -0.030
201412 -0.003 98.367 -0.004
201503 0.001 99.789 0.001
201506 -0.034 100.500 -0.043
201509 -0.009 100.421 -0.011
201512 -0.008 99.947 -0.010
201603 -0.005 101.054 -0.006
201606 -0.002 102.002 -0.002
201609 -0.031 101.765 -0.038
201612 -0.010 101.449 -0.012
201703 -0.011 102.634 -0.014
201706 -0.010 103.029 -0.012
201709 -0.006 103.345 -0.007
201712 -0.009 103.345 -0.011
201803 0.000 105.004 0.000
201806 -0.001 105.557 -0.001
201809 -0.001 105.636 -0.001
201812 -0.002 105.399 -0.002
201903 -0.003 106.979 -0.004
201906 -0.011 107.690 -0.013
201909 -0.008 107.611 -0.009
201912 -0.018 107.769 -0.021
202003 -0.012 107.927 -0.014
202006 -0.009 108.401 -0.010
202009 -0.008 108.164 -0.009
202012 -0.014 108.559 -0.016
202103 -0.017 110.298 -0.019
202106 -0.015 111.720 -0.017
202109 0.004 112.905 0.004
202112 -0.016 113.774 -0.018
202203 -0.020 117.646 -0.021
202206 -0.035 120.806 -0.037
202209 -0.014 120.648 -0.015
202212 -0.001 120.964 -0.001
202303 -0.013 122.702 -0.013
202306 -0.023 124.203 -0.023
202309 -0.028 125.230 -0.028
202312 -0.013 125.072 -0.013
202403 -0.011 126.258 -0.011

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.


Delta Resources  (TSXV:DLTA) 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.


Delta Resources Cyclically Adjusted Price-to-FCF Related Terms

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Delta Resources (TSXV:DLTA) Business Description

Traded in Other Exchanges
Address
1718 Christine Street, Kingston, ON, CAN, K7L 4V4
Delta Resources Ltd is a Canadian mineral exploration company focused on growing shareholder value through the exploration of two high-potential gold and base-metal projects. It has a single operating segment which is the acquisition, exploration and development of exploration properties. The company has 100% ownership in the DELTA-1 Gold project in Thunder Bay, Ontario, DELTA-2 Gold polymetallic project in Chibougamau, Quebec and the Bellechasse-Timmins Gold project located in southeastern Quebec.
Executives
André Tessier Director, Senior Officer

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