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Focus Graphite (TSXV:FMS) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Focus Graphite Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Focus Graphite Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Focus Graphite'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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Focus Graphite Cyclically Adjusted Price-to-FCF Chart

Focus Graphite Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Focus Graphite 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 Focus Graphite's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Focus Graphite'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.


Focus Graphite's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Focus Graphite 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.

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

For example, Focus Graphite'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)
=-0.007/125.0724*125.0724
=-0.007

Current CPI (Dec. 2023) = 125.0724.

Focus Graphite Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.186 98.604 -0.236
201406 -0.213 99.473 -0.268
201409 -0.157 99.394 -0.198
201412 -0.187 98.367 -0.238
201503 -0.095 99.789 -0.119
201506 -0.141 100.500 -0.175
201509 -0.065 100.421 -0.081
201512 -0.055 99.947 -0.069
201603 -0.095 101.054 -0.118
201606 -0.081 102.002 -0.099
201609 -0.044 101.765 -0.054
201612 -0.082 101.449 -0.101
201703 -0.080 102.634 -0.097
201706 -0.105 103.029 -0.127
201709 0.004 103.345 0.005
201712 -0.061 103.345 -0.074
201803 -0.026 105.004 -0.031
201806 -0.029 105.557 -0.034
201809 -0.048 105.636 -0.057
201812 -0.015 105.399 -0.018
201903 0.000 106.979 0.000
201906 0.003 107.690 0.003
201909 -0.124 107.611 -0.144
201912 -0.036 107.769 -0.042
202003 -0.027 107.927 -0.031
202006 -0.039 108.401 -0.045
202009 -0.032 108.164 -0.037
202012 -0.004 108.559 -0.005
202103 -0.012 110.298 -0.014
202106 -0.002 111.720 -0.002
202109 -0.004 112.905 -0.004
202112 -0.012 113.774 -0.013
202203 -0.002 117.646 -0.002
202206 -0.007 120.806 -0.007
202209 0.001 120.648 0.001
202212 -0.015 120.964 -0.016
202303 -0.005 122.702 -0.005
202306 0.002 124.203 0.002
202309 -0.009 125.230 -0.009
202312 -0.007 125.072 -0.007

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.


Focus Graphite  (TSXV:FMS) 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.


Focus Graphite Cyclically Adjusted Price-to-FCF Related Terms

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Focus Graphite (TSXV:FMS) Business Description

Traded in Other Exchanges
Address
945 Princess Street, Kingston, ON, CAN, K7L 0E9
Focus Graphite Inc is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral properties in Canada. Its projects include Lac Knife; Lac Tetepisca graphite and Lac Guinecourt graphite property.

Focus Graphite (TSXV:FMS) Headlines