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Forum Energy Metals (TSXV:FMC) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Forum Energy Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forum Energy Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forum Energy Metals'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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Forum Energy Metals Cyclically Adjusted Price-to-FCF Chart

Forum Energy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
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Forum Energy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Forum Energy Metals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Forum Energy Metals'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.


Forum Energy Metals's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Forum Energy Metals's Cyclically Adjusted Price-to-FCF falls into.



Forum Energy Metals 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.

Forum Energy Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Forum Energy Metals's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.002/125.4675*125.4675
=-0.002

Current CPI (Feb. 2024) = 125.4675.

Forum Energy Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.089 99.394 -0.112
201408 -0.018 99.315 -0.023
201411 -0.012 99.078 -0.015
201502 -0.005 99.078 -0.006
201505 -0.033 100.263 -0.041
201508 -0.006 100.579 -0.007
201511 -0.002 100.421 -0.002
201602 -0.004 100.421 -0.005
201605 -0.012 101.765 -0.015
201608 0.009 101.686 0.011
201611 -0.008 101.607 -0.010
201702 -0.014 102.476 -0.017
201705 -0.008 103.108 -0.010
201708 -0.004 103.108 -0.005
201711 -0.002 103.740 -0.002
201802 -0.001 104.688 -0.001
201805 -0.002 105.399 -0.002
201808 -0.004 106.031 -0.005
201811 -0.005 105.478 -0.006
201902 -0.001 106.268 -0.001
201905 -0.004 107.927 -0.005
201908 -0.001 108.085 -0.001
201911 0.000 107.769 0.000
202002 0.004 108.559 0.005
202005 -0.005 107.532 -0.006
202008 -0.002 108.243 -0.002
202011 -0.001 108.796 -0.001
202102 -0.005 109.745 -0.006
202105 -0.003 111.404 -0.003
202108 -0.006 112.668 -0.007
202111 -0.013 113.932 -0.014
202202 -0.003 115.986 -0.003
202205 -0.012 120.016 -0.013
202208 -0.001 120.569 -0.001
202211 -0.008 121.675 -0.008
202302 -0.014 122.070 -0.014
202305 -0.005 124.045 -0.005
202308 -0.009 125.389 -0.009
202311 -0.006 125.468 -0.006
202402 -0.002 125.468 -0.002

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.


Forum Energy Metals  (TSXV:FMC) 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.


Forum Energy Metals Cyclically Adjusted Price-to-FCF Related Terms

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


Forum Energy Metals (TSXV:FMC) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.
Executives
Richard James Mazur Director, Senior Officer

Forum Energy Metals (TSXV:FMC) Headlines