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Lovitt Resources (TSXV:LRC.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Lovitt Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lovitt Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lovitt 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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Lovitt Resources Cyclically Adjusted Price-to-FCF Chart

Lovitt Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Lovitt Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Lovitt Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Lovitt 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.


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

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

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



Lovitt 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.

Lovitt Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Lovitt Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.004/122.7021*122.7021
=-0.004

Current CPI (Mar. 2023) = 122.7021.

Lovitt Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 -0.009 96.392 -0.011
201212 -0.007 95.760 -0.009
201303 -0.012 97.103 -0.015
201306 -0.010 97.182 -0.013
201309 -0.007 97.419 -0.009
201312 0.009 96.945 0.011
201403 -0.003 98.604 -0.004
201406 -0.001 99.473 -0.001
201409 -0.006 99.394 -0.007
201412 -0.011 98.367 -0.014
201503 -0.006 99.789 -0.007
201506 -0.005 100.500 -0.006
201509 -0.008 100.421 -0.010
201603 0.000 101.054 0.000
201606 -0.003 102.002 -0.004
201609 -0.003 101.765 -0.004
201612 -0.006 101.449 -0.007
201703 -0.031 102.634 -0.037
201706 -0.010 103.029 -0.012
201709 -0.006 103.345 -0.007
201712 -0.005 103.345 -0.006
201803 -0.011 105.004 -0.013
201806 -0.004 105.557 -0.005
201809 -0.006 105.636 -0.007
201812 -0.006 105.399 -0.007
201903 -0.025 106.979 -0.029
201906 -0.007 107.690 -0.008
201909 -0.008 107.611 -0.009
201912 -0.009 107.769 -0.010
202009 -0.010 108.164 -0.011
202012 -0.012 108.559 -0.014
202103 -0.006 110.298 -0.007
202106 0.011 111.720 0.012
202109 -0.008 112.905 -0.009
202112 -0.008 113.774 -0.009
202203 -0.008 117.646 -0.008
202206 0.002 120.806 0.002
202209 -0.002 120.648 -0.002
202212 -0.002 120.964 -0.002
202303 -0.004 122.702 -0.004

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.


Lovitt Resources  (TSXV:LRC.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.


Lovitt Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Lovitt Resources (TSXV:LRC.H) Business Description

Traded in Other Exchanges
N/A
Address
1942 167 Street, Surrey, British Columbia, BC, CAN, V3Z 9R4
Lovitt Resources Inc is engaged in the development of gold resources in North America. It holds land and mineral interests located in Wenatchee, Washington, U.S.A. The company finances its operations by selling land. The geopraphical segments include United States and Canada.

Lovitt Resources (TSXV:LRC.H) Headlines

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