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EMX Royalty (TSXV:EMX) Cyclically Adjusted Price-to-FCF : (As of May. 02, 2024)


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What is EMX Royalty Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


EMX Royalty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EMX Royalty'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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EMX Royalty Cyclically Adjusted Price-to-FCF Chart

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

For the Other Industrial Metals & Mining subindustry, EMX Royalty'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.


EMX Royalty's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



EMX Royalty 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.

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

For example, EMX Royalty'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)
=0.042/125.4675*125.4675
=0.042

Current CPI (Dec. 2023) = 125.4675.

EMX Royalty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.019 98.604 -0.024
201406 -0.021 99.473 -0.026
201409 -0.018 99.394 -0.023
201412 -0.004 98.367 -0.005
201503 -0.030 99.789 -0.038
201506 -0.029 100.500 -0.036
201509 -0.012 100.421 -0.015
201512 0.006 99.947 0.008
201603 -0.032 101.054 -0.040
201606 -0.021 102.002 -0.026
201609 -0.018 101.765 -0.022
201612 0.000 101.449 0.000
201703 -0.008 102.634 -0.010
201706 -0.026 103.029 -0.032
201709 -0.006 103.345 -0.007
201712 -0.005 103.345 -0.006
201803 -0.006 105.004 -0.007
201806 -0.027 105.557 -0.032
201809 -0.022 105.636 -0.026
201812 -0.016 105.399 -0.019
201903 -0.085 106.979 -0.100
201906 -0.011 107.690 -0.013
201909 -0.028 107.611 -0.033
201912 -0.054 107.769 -0.063
202003 -0.056 107.927 -0.065
202006 -0.060 108.401 -0.069
202009 -0.034 108.164 -0.039
202012 -0.023 108.559 -0.027
202103 -0.019 110.298 -0.022
202106 -0.057 111.720 -0.064
202109 -0.056 112.905 -0.062
202112 -0.422 113.774 -0.465
202203 0.192 117.646 0.205
202206 -0.056 120.806 -0.058
202209 0.003 120.648 0.003
202212 0.044 120.964 0.046
202303 -0.037 122.702 -0.038
202306 -0.014 124.203 -0.014
202309 0.091 125.230 0.091
202312 0.042 125.468 0.042

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.


EMX Royalty  (TSXV:EMX) 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.


EMX Royalty Cyclically Adjusted Price-to-FCF Related Terms

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


EMX Royalty (TSXV:EMX) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company's royalty and exploration portfolio mainly consists of properties in North America, Europe, Turkey, Australia, Chile, and Haiti.