GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canstar Resources Inc (TSXV:ROX) » Definitions » Cyclically Adjusted Price-to-FCF

Canstar Resources (TSXV:ROX) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


View and export this data going back to 2000. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Canstar Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canstar 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.

* Premium members only.

Canstar Resources Cyclically Adjusted Price-to-FCF Chart

Canstar Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Canstar Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Canstar Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Canstar 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.


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

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

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



Canstar 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.

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

For example, Canstar Resources'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)
=-0.003/126.2576*126.2576
=-0.003

Current CPI (Mar. 2024) = 126.2576.

Canstar Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.007 99.473 -0.009
201409 -0.018 99.394 -0.023
201412 -0.005 98.367 -0.006
201503 -0.005 99.789 -0.006
201506 -0.010 100.500 -0.013
201509 -0.007 100.421 -0.009
201512 -0.005 99.947 -0.006
201603 -0.010 101.054 -0.012
201606 -0.016 102.002 -0.020
201609 -0.002 101.765 -0.002
201612 -0.008 101.449 -0.010
201703 -0.015 102.634 -0.018
201706 -0.004 103.029 -0.005
201709 -0.014 103.345 -0.017
201712 -0.012 103.345 -0.015
201803 -0.004 105.004 -0.005
201806 0.003 105.557 0.004
201809 -0.016 105.636 -0.019
201812 -0.007 105.399 -0.008
201903 -0.009 106.979 -0.011
201906 0.001 107.690 0.001
201909 -0.004 107.611 -0.005
201912 -0.002 107.769 -0.002
202003 -0.004 107.927 -0.005
202006 0.001 108.401 0.001
202009 -0.001 108.164 -0.001
202012 -0.002 108.559 -0.002
202103 -0.011 110.298 -0.013
202106 -0.007 111.720 -0.008
202109 -0.015 112.905 -0.017
202112 -0.013 113.774 -0.014
202203 -0.008 117.646 -0.009
202206 -0.013 120.806 -0.014
202209 -0.011 120.648 -0.012
202212 -0.021 120.964 -0.022
202303 -0.042 122.702 -0.043
202306 0.001 124.203 0.001
202309 -0.002 125.230 -0.002
202312 -0.002 125.072 -0.002
202403 -0.003 126.258 -0.003

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.


Canstar Resources  (TSXV:ROX) 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.


Canstar Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Canstar Resources (TSXV:ROX) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has an option to acquire a 100% interest in the Golden Baie Project in south-central Newfoundland, a claim package with recently discovered, multiple outcropping gold occurrences on a structural trend. It also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland.
Executives
Christos Doulis Senior Officer