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Frontline Gold (TSXV:FGC.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontline Gold Cyclically Adjusted Price-to-FCF Historical Data

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

Frontline Gold Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Frontline Gold Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Frontline Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Frontline 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.


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

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

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



Frontline 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.

Frontline Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Frontline Gold's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0/120.6479*120.6479
=0.000

Current CPI (Sep. 2022) = 120.6479.

Frontline Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 -0.005 95.760 -0.006
201303 0.000 97.103 0.000
201306 0.000 97.182 0.000
201309 0.000 97.419 0.000
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 -0.001 99.789 -0.001
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.001 99.947 0.001
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.001 102.634 0.001
201706 0.001 103.029 0.001
201709 0.000 103.345 0.000
201712 -0.001 103.345 -0.001
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.000 107.611 0.000
201912 -0.001 107.769 -0.001
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 -0.002 108.559 -0.002
202103 -0.001 110.298 -0.001
202106 -0.001 111.720 -0.001
202109 -0.001 112.905 -0.001
202112 -0.001 113.774 -0.001
202203 0.000 117.646 0.000
202206 -0.001 120.806 -0.001
202209 0.000 120.648 0.000

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.


Frontline Gold  (TSXV:FGC.H) 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.


Frontline Gold Cyclically Adjusted Price-to-FCF Related Terms

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Frontline Gold (TSXV:FGC.H) Business Description

Traded in Other Exchanges
N/A
Address
372 Bay Street, Suite 301, Toronto, ON, CAN, M5H 2W9
Frontline Gold Corp is a development stage company engaged in exploring mineral properties in Canada and Turkey. Some of its properties include Whitehorse, Rex Lake, Paint Lake, Portage River, Crooked Pine, Coperlode, Epworth, Menderes and Others.

Frontline Gold (TSXV:FGC.H) Headlines

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