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Lightspeed Discoveries (TSXV:LSD.H) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Lightspeed Discoveries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lightspeed Discoveries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lightspeed 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.

Lightspeed Discoveries Cyclically Adjusted Price-to-FCF Chart

Lightspeed Discoveries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Lightspeed Discoveries 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 Lightspeed Discoveries's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Lightspeed 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.


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

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

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



Lightspeed 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.

Lightspeed Discoveries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lightspeed Discoveries'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)
=0/125.0724*125.0724
=0.000

Current CPI (Dec. 2023) = 125.0724.

Lightspeed Discoveries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.048 98.604 -0.061
201406 0.024 99.473 0.030
201409 -0.006 99.394 -0.008
201412 -0.066 98.367 -0.084
201503 -0.006 99.789 -0.008
201506 -0.028 100.500 -0.035
201509 -0.055 100.421 -0.069
201512 0.057 99.947 0.071
201603 0.000 101.054 0.000
201606 -0.002 102.002 -0.002
201609 0.000 101.765 0.000
201612 -0.005 101.449 -0.006
201703 0.001 102.634 0.001
201706 -0.001 103.029 -0.001
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.001 105.004 0.001
201806 -0.001 105.557 -0.001
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.001 106.979 0.001
201906 -0.001 107.690 -0.001
201909 -0.030 107.611 -0.035
201912 -0.002 107.769 -0.002
202003 -0.007 107.927 -0.008
202006 0.000 108.401 0.000
202009 -0.003 108.164 -0.003
202012 -0.007 108.559 -0.008
202103 -0.007 110.298 -0.008
202106 0.006 111.720 0.007
202109 0.000 112.905 0.000
202112 -0.009 113.774 -0.010
202203 0.000 117.646 0.000
202206 -0.001 120.806 -0.001
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000

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.


Lightspeed Discoveries  (TSXV:LSD.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.


Lightspeed Discoveries Cyclically Adjusted Price-to-FCF Related Terms

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


Lightspeed Discoveries (TSXV:LSD.H) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Lightspeed Discoveries Inc is a Canada based exploration stage company. It is engaged in the business process of exploring and developing mineral properties.

Lightspeed Discoveries (TSXV:LSD.H) Headlines

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