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Golconda Gold (TSXV:GG) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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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.

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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
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Golconda Gold 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 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 Dec. 2023 is calculated as:

For example, Golconda Gold'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)
=-0.006/125.0724*125.0724
=-0.006

Current CPI (Dec. 2023) = 125.0724.

Golconda Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.022 98.604 0.028
201406 -0.027 99.473 -0.034
201409 -0.280 99.394 -0.352
201412 0.080 98.367 0.102
201503 -0.182 99.789 -0.228
201506 -0.151 100.500 -0.188
201509 -0.058 100.421 -0.072
201512 -0.059 99.947 -0.074
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 -0.007
201703 0.010 102.634 0.012
201706 0.031 103.029 0.038
201709 0.071 103.345 0.086
201712 0.088 103.345 0.107
201803 -0.001 105.004 -0.001
201806 0.071 105.557 0.084
201809 -0.015 105.636 -0.018
201812 -0.022 105.399 -0.026
201903 -0.088 106.979 -0.103
201906 0.000 107.690 0.000
201909 -0.019 107.611 -0.022
201912 -0.065 107.769 -0.075
202003 -0.031 107.927 -0.036
202006 0.063 108.401 0.073
202009 0.030 108.164 0.035
202012 0.083 108.559 0.096
202103 0.011 110.298 0.012
202106 -0.119 111.720 -0.133
202109 0.062 112.905 0.069
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 -0.012
202212 -0.016 120.964 -0.017
202303 -0.010 122.702 -0.010
202306 -0.012 124.203 -0.012
202309 0.007 125.230 0.007
202312 -0.006 125.072 -0.006

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 (TSXV:GG) 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