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Orecap Invest (TSXV:OCI) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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What is Orecap Invest Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Orecap Invest Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Orecap Invest'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.

Orecap Invest Cyclically Adjusted Price-to-FCF Chart

Orecap Invest Annual Data
Trend Jul14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
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Orecap Invest Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Orecap Invest's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Orecap Invest'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.


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

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

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



Orecap Invest 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.

Orecap Invest's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Orecap Invest's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.002/125.0724*125.0724
=-0.002

Current CPI (Jan. 2024) = 125.0724.

Orecap Invest Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 -0.013 97.261 -0.017
201404 -0.006 98.920 -0.008
201407 -0.006 99.315 -0.008
201501 -0.004 98.209 -0.005
201504 -0.005 99.710 -0.006
201507 -0.005 100.579 -0.006
201510 -0.002 100.500 -0.002
201601 -0.002 100.184 -0.002
201604 -0.001 101.370 -0.001
201607 -0.003 101.844 -0.004
201610 -0.006 102.002 -0.007
201701 -0.004 102.318 -0.005
201704 -0.027 103.029 -0.033
201707 -0.002 103.029 -0.002
201710 -0.004 103.424 -0.005
201801 -0.005 104.056 -0.006
201804 -0.005 105.320 -0.006
201807 -0.009 106.110 -0.011
201810 -0.001 105.952 -0.001
201901 -0.002 105.557 -0.002
201904 -0.002 107.453 -0.002
201907 -0.002 108.243 -0.002
201910 0.001 107.927 0.001
202001 -0.003 108.085 -0.003
202004 -0.001 107.216 -0.001
202007 0.000 108.401 0.000
202010 -0.002 108.638 -0.002
202101 -0.007 109.192 -0.008
202104 -0.006 110.851 -0.007
202107 -0.001 112.431 -0.001
202110 0.000 113.695 0.000
202201 -0.002 114.801 -0.002
202204 0.001 118.357 0.001
202207 -0.002 120.964 -0.002
202210 0.000 121.517 0.000
202301 -0.006 121.596 -0.006
202304 -0.001 123.571 -0.001
202307 0.000 124.914 0.000
202310 -0.012 125.310 -0.012
202401 -0.002 125.072 -0.002

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.


Orecap Invest  (TSXV:OCI) 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.


Orecap Invest Cyclically Adjusted Price-to-FCF Related Terms

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


Orecap Invest (TSXV:OCI) Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Orecap Invest Corp, formerly Orefinders Resources Inc is a Canadian-based junior gold exploration company. It is engaged in the exploration and development of exploration and evaluation assets in Canada. The company operates in several projects including Mirado, McGarry, and Knight among others.

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