GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kirkland Lake Discoveries Corp (TSXV:KLDC) » Definitions » Cyclically Adjusted Price-to-FCF

Kirkland Lake Discoveries (TSXV:KLDC) Cyclically Adjusted Price-to-FCF : (As of Sep. 22, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Kirkland Lake Discoveries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirkland Lake Discoveries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kirkland Lake Discoveries'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.

Kirkland Lake Discoveries Cyclically Adjusted Price-to-FCF Chart

Kirkland Lake Discoveries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Kirkland Lake Discoveries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Kirkland Lake Discoveries's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Kirkland Lake Discoveries'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.


Kirkland Lake Discoveries's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kirkland Lake Discoveries's Cyclically Adjusted Price-to-FCF falls into.



Kirkland Lake Discoveries 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.

Kirkland Lake Discoveries's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Kirkland Lake Discoveries's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.012/127.5217*127.5217
=-0.012

Current CPI (Jun. 2024) = 127.5217.

Kirkland Lake Discoveries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.019 99.394 -0.024
201412 0.006 98.367 0.008
201503 -0.040 99.789 -0.051
201506 -0.030 100.500 -0.038
201509 -0.001 100.421 -0.001
201512 -0.002 99.947 -0.003
201603 -0.012 101.054 -0.015
201606 -0.037 102.002 -0.046
201609 -0.020 101.765 -0.025
201612 -0.036 101.449 -0.045
201703 -0.028 102.634 -0.035
201706 -0.036 103.029 -0.045
201709 -0.007 103.345 -0.009
201712 -0.061 103.345 -0.075
201803 -0.070 105.004 -0.085
201806 -0.046 105.557 -0.056
201809 0.021 105.636 0.025
201812 -0.020 105.399 -0.024
201903 -0.026 106.979 -0.031
201906 -0.044 107.690 -0.052
201909 -0.015 107.611 -0.018
201912 -0.036 107.769 -0.043
202003 -0.014 107.927 -0.017
202006 0.002 108.401 0.002
202009 -0.037 108.164 -0.044
202012 -0.010 108.559 -0.012
202103 -0.031 110.298 -0.036
202106 -0.006 111.720 -0.007
202109 -0.027 112.905 -0.030
202112 -0.028 113.774 -0.031
202203 -0.007 117.646 -0.008
202206 -0.006 120.806 -0.006
202209 -0.011 120.648 -0.012
202212 0.000 120.964 0.000
202303 -0.006 122.702 -0.006
202306 -0.012 124.203 -0.012
202309 -0.016 125.230 -0.016
202312 -0.007 125.072 -0.007
202403 -0.012 126.258 -0.012
202406 -0.012 127.522 -0.012

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.


Kirkland Lake Discoveries  (TSXV:KLDC) 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.


Kirkland Lake Discoveries Cyclically Adjusted Price-to-FCF Related Terms

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


Kirkland Lake Discoveries Business Description

Traded in Other Exchanges
Address
25 Adelaide Street East, Suite 1400, Toronto, ON, CAN, M5C 3A1
Kirkland Lake Discoveries Corp formerly Warrior Gold Inc is a gold exploration company with a 100%-owned property in Kirkland Lake, Ontario, Canada. The Goodfish-Kirana property contains three structural trends, numerous high-grade gold showings, and drill intercepts, as well as 18 historical pits and shafts. Its project portfolio includes Geology and Drilling.
Executives
DaniÈle Spethmann Director, Senior Officer

Kirkland Lake Discoveries Headlines

No Headlines