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Labrador Gold (TSXV:LAB) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Labrador Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Labrador 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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Labrador Gold Cyclically Adjusted Price-to-FCF Chart

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

For the Gold subindustry, Labrador 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.


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

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

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



Labrador 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.

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

For example, Labrador Gold'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)
=-0.006/126.2576*126.2576
=-0.006

Current CPI (Mar. 2024) = 126.2576.

Labrador Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 99.473 -0.001
201409 -0.003 99.394 -0.004
201412 -0.005 98.367 -0.006
201503 -0.002 99.789 -0.003
201506 -0.002 100.500 -0.003
201509 -0.001 100.421 -0.001
201512 0.000 99.947 0.000
201603 -0.003 101.054 -0.004
201606 -0.005 102.002 -0.006
201609 -0.004 101.765 -0.005
201612 -0.002 101.449 -0.002
201703 -0.009 102.634 -0.011
201706 -0.008 103.029 -0.010
201709 -0.001 103.345 -0.001
201712 -0.010 103.345 -0.012
201803 -0.003 105.004 -0.004
201806 -0.037 105.557 -0.044
201809 -0.046 105.636 -0.055
201812 -0.008 105.399 -0.010
201903 -0.007 106.979 -0.008
201906 0.001 107.690 0.001
201909 -0.009 107.611 -0.011
201912 -0.005 107.769 -0.006
202003 -0.002 107.927 -0.002
202006 0.000 108.401 0.000
202009 -0.012 108.164 -0.014
202012 -0.013 108.559 -0.015
202103 -0.007 110.298 -0.008
202106 -0.013 111.720 -0.015
202109 -0.031 112.905 -0.035
202112 -0.018 113.774 -0.020
202203 -0.024 117.646 -0.026
202206 -0.030 120.806 -0.031
202209 -0.030 120.648 -0.031
202212 -0.021 120.964 -0.022
202303 -0.014 122.702 -0.014
202306 -0.014 124.203 -0.014
202309 -0.019 125.230 -0.019
202312 -0.015 125.072 -0.015
202403 -0.006 126.258 -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.


Labrador Gold  (TSXV:LAB) 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.


Labrador Gold Cyclically Adjusted Price-to-FCF Related Terms

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Labrador Gold (TSXV:LAB) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Labrador Gold Corp is a Canadian-based mineral exploration company. It focuses on the acquisition and exploration of prospective gold projects in the Americas. The company also has mineral rights interests in Ontario, Canada. Its projects include Borden Lake Extension Project, the Hopedale property, and the Kingsway property.
Executives
Roger Moss Director, Senior Officer