GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golconda Gold Ltd (TSXV:GG) » Definitions » Cyclically Adjusted Price-to-FCF

Golconda Gold (TSXV:GG) Cyclically Adjusted Price-to-FCF : (As of Jan. 19, 2025)


View and export this data going back to 2008. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Golconda Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golconda 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.

* Premium members only.

Golconda Gold Cyclically Adjusted Price-to-FCF Chart

Golconda Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Golconda Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Golconda Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Golconda 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.


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

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

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



Golconda 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.

Golconda Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Golconda Gold's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.003/127.2847*127.2847
=0.003

Current CPI (Sep. 2024) = 127.2847.

Golconda Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.080 98.367 0.104
201503 -0.182 99.789 -0.232
201506 -0.151 100.500 -0.191
201509 -0.058 100.421 -0.074
201512 -0.059 99.947 -0.075
201603 0.036 101.054 0.045
201606 -0.014 102.002 -0.017
201609 -0.016 101.765 -0.020
201612 -0.006 101.449 -0.008
201703 0.010 102.634 0.012
201706 0.031 103.029 0.038
201709 0.071 103.345 0.087
201712 0.088 103.345 0.108
201803 -0.001 105.004 -0.001
201806 0.071 105.557 0.086
201809 -0.015 105.636 -0.018
201812 -0.022 105.399 -0.027
201903 -0.088 106.979 -0.105
201906 0.000 107.690 0.000
201909 -0.019 107.611 -0.022
201912 -0.065 107.769 -0.077
202003 -0.031 107.927 -0.037
202006 0.063 108.401 0.074
202009 0.030 108.164 0.035
202012 0.083 108.559 0.097
202103 0.011 110.298 0.013
202106 -0.119 111.720 -0.136
202109 0.062 112.905 0.070
202112 -0.012 113.774 -0.013
202203 0.016 117.646 0.017
202206 0.008 120.806 0.008
202209 -0.012 120.648 -0.013
202212 -0.016 120.964 -0.017
202303 -0.010 122.702 -0.010
202306 -0.012 124.203 -0.012
202309 -0.001 125.230 -0.001
202312 0.002 125.072 0.002
202403 -0.031 126.258 -0.031
202406 -0.044 127.522 -0.044
202409 0.003 127.285 0.003

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.


Golconda Gold  (TSXV:GG) 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.


Golconda Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Golconda Gold Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Mupane in Botswana; Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has one reportable segment, being the exploration, development and operation of gold mining properties.
Executives
Ravi Sood Director
Wayne Hatton-jones Senior Officer