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M3 Metals (TSXV:MT) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is M3 Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


M3 Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for M3 Metals'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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M3 Metals Cyclically Adjusted Price-to-FCF Chart

M3 Metals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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M3 Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of M3 Metals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, M3 Metals'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.


M3 Metals's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, M3 Metals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where M3 Metals's Cyclically Adjusted Price-to-FCF falls into.



M3 Metals 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.

M3 Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, M3 Metals's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.024/125.4675*125.4675
=-0.024

Current CPI (Feb. 2024) = 125.4675.

M3 Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.213 99.394 -0.269
201408 -0.143 99.315 -0.181
201411 -0.284 99.078 -0.360
201502 -0.220 99.078 -0.279
201505 -0.063 100.263 -0.079
201508 -0.239 100.579 -0.298
201511 -0.124 100.421 -0.155
201602 -0.165 100.421 -0.206
201605 -0.066 101.765 -0.081
201608 -0.706 101.686 -0.871
201611 -1.144 101.607 -1.413
201702 -1.345 102.476 -1.647
201705 -1.780 103.108 -2.166
201708 -0.468 103.108 -0.569
201711 -0.675 103.740 -0.816
201802 -1.640 104.688 -1.966
201805 -0.654 105.399 -0.779
201808 -0.613 106.031 -0.725
201811 -0.798 105.478 -0.949
201902 -0.131 106.268 -0.155
201905 -0.187 107.927 -0.217
201908 -0.159 108.085 -0.185
201911 -0.093 107.769 -0.108
202002 -0.126 108.559 -0.146
202005 -0.113 107.532 -0.132
202008 -0.062 108.243 -0.072
202011 -0.085 108.796 -0.098
202102 -0.038 109.745 -0.043
202105 0.033 111.404 0.037
202108 -0.100 112.668 -0.111
202111 -0.024 113.932 -0.026
202202 -0.051 115.986 -0.055
202205 -0.037 120.016 -0.039
202208 -0.015 120.569 -0.016
202211 -0.046 121.675 -0.047
202302 -0.031 122.070 -0.032
202305 -0.090 124.045 -0.091
202308 -0.009 125.389 -0.009
202311 -0.067 125.468 -0.067
202402 -0.024 125.468 -0.024

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.


M3 Metals  (TSXV:MT) 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.


M3 Metals Cyclically Adjusted Price-to-FCF Related Terms

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M3 Metals (TSXV:MT) Business Description

Industry
Traded in Other Exchanges
Address
1455 Bellevue Avenue, Suite 300, Vancouver, BC, CAN, V7T 1C3
M3 Metals Corp is a Canadian listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. Its only operating segment, being the acquisition and exploration of assets. The company's projects include Texas Spring project, G-South property and Lakshmi-Daggett Ridge project.
Executives
Adrian Allister Smith Director
Kosta Tsoutsis Director