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Shine Minerals (TSXV:SMR.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Shine Minerals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shine Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shine Minerals'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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Shine Minerals Cyclically Adjusted Price-to-FCF Chart

Shine Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Shine Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Shine Minerals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Shine Minerals'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.


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

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

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



Shine Minerals 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.

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

For example, Shine Minerals'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)
=-0.001/126.2576*126.2576
=-0.001

Current CPI (Mar. 2024) = 126.2576.

Shine Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.242 99.473 -0.307
201409 -0.183 99.394 -0.232
201412 -0.089 98.367 -0.114
201503 -0.158 99.789 -0.200
201506 -0.182 100.500 -0.229
201509 -0.085 100.421 -0.107
201512 -0.052 99.947 -0.066
201603 -0.037 101.054 -0.046
201606 -0.036 102.002 -0.045
201609 -0.022 101.765 -0.027
201612 -0.017 101.449 -0.021
201703 -0.023 102.634 -0.028
201706 -0.005 103.029 -0.006
201709 -0.003 103.345 -0.004
201712 -0.003 103.345 -0.004
201803 -0.014 105.004 -0.017
201806 0.004 105.557 0.005
201809 -0.144 105.636 -0.172
201812 -0.011 105.399 -0.013
201903 -0.007 106.979 -0.008
201906 -0.026 107.690 -0.030
201909 -0.011 107.611 -0.013
201912 -0.002 107.769 -0.002
202003 -0.002 107.927 -0.002
202006 0.003 108.401 0.003
202009 -0.011 108.164 -0.013
202012 -0.003 108.559 -0.003
202103 -0.001 110.298 -0.001
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 -0.001 113.774 -0.001
202203 -0.002 117.646 -0.002
202206 -0.001 120.806 -0.001
202209 -0.002 120.648 -0.002
202212 -0.003 120.964 -0.003
202303 0.000 122.702 0.000
202306 -0.008 124.203 -0.008
202309 -0.001 125.230 -0.001
202312 -0.002 125.072 -0.002
202403 -0.001 126.258 -0.001

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.


Shine Minerals  (TSXV:SMR.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.


Shine Minerals Cyclically Adjusted Price-to-FCF Related Terms

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Shine Minerals (TSXV:SMR.H) Business Description

Traded in Other Exchanges
N/A
Address
1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Shine Minerals Corp is engaged in the acquisition, exploration, evaluation, and development of mineral resource assets. Its asset includes the Watts Lake Zinc project located in Saskatchewan.

Shine Minerals (TSXV:SMR.H) Headlines

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