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Golden Harp Resources (TSXV:GHR.H) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Golden Harp Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Harp Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golden Harp Resources'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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Golden Harp Resources Cyclically Adjusted Price-to-FCF Chart

Golden Harp Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Golden Harp Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Golden Harp Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Golden Harp Resources'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.


Golden Harp Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Harp Resources's Cyclically Adjusted Price-to-FCF falls into.



Golden Harp Resources 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.

Golden Harp Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Golden Harp Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.001/126.2576*126.2576
=-0.001

Current CPI (Mar. 2024) = 126.2576.

Golden Harp Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 99.473 -0.008
201409 -0.004 99.394 -0.005
201412 -0.008 98.367 -0.010
201503 -0.008 99.789 -0.010
201506 -0.005 100.500 -0.006
201509 -0.002 100.421 -0.003
201512 -0.009 99.947 -0.011
201603 -0.007 101.054 -0.009
201606 -0.002 102.002 -0.002
201609 -0.004 101.765 -0.005
201612 -0.004 101.449 -0.005
201703 -0.008 102.634 -0.010
201706 -0.005 103.029 -0.006
201709 -0.004 103.345 -0.005
201712 -0.005 103.345 -0.006
201803 -0.020 105.004 -0.024
201806 -0.013 105.557 -0.016
201809 0.010 105.636 0.012
201812 -0.013 105.399 -0.016
201903 -0.001 106.979 -0.001
201906 -0.002 107.690 -0.002
201909 -0.002 107.611 -0.002
201912 0.000 107.769 0.000
202003 -0.001 107.927 -0.001
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 -0.003 111.720 -0.003
202109 0.000 112.905 0.000
202112 -0.001 113.774 -0.001
202203 -0.001 117.646 -0.001
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 -0.001 120.964 -0.001
202303 0.000 122.702 0.000
202306 -0.001 124.203 -0.001
202309 0.000 125.230 0.000
202312 -0.001 125.072 -0.001
202403 -0.001 126.258 -0.001

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.


Golden Harp Resources  (TSXV:GHR.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.


Golden Harp Resources Cyclically Adjusted Price-to-FCF Related Terms

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Golden Harp Resources (TSXV:GHR.H) Business Description

Traded in Other Exchanges
Address
777 Hornby Street, Suite 2080, Vancouver, BC, CAN, V6Z 1S4
Golden Harp Resources Inc is a Canadian exploration stage company. It is engaged in the acquisition, exploration, and development of Canadian mineral properties. The company focuses on exploring gold and base metals on Copper Hill Property in Northern Ontario. Geographically, it operates within Canada.

Golden Harp Resources (TSXV:GHR.H) Headlines

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