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West Red Lake Gold Mines (TSXV:WRLG) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is West Red Lake Gold Mines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


West Red Lake Gold Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for West Red Lake Gold Mines'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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West Red Lake Gold Mines Cyclically Adjusted Price-to-FCF Chart

West Red Lake Gold Mines Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
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West Red Lake Gold Mines 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 West Red Lake Gold Mines's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, West Red Lake Gold Mines'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.


West Red Lake Gold Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where West Red Lake Gold Mines's Cyclically Adjusted Price-to-FCF falls into.



West Red Lake Gold Mines 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.

West Red Lake Gold Mines's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, West Red Lake Gold Mines'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)
=-0.055/125.4675*125.4675
=-0.055

Current CPI (Feb. 2024) = 125.4675.

West Red Lake Gold Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.006 99.394 0.008
201408 -0.018 99.315 -0.023
201411 -0.008 99.078 -0.010
201502 -0.004 99.078 -0.005
201505 -0.003 100.263 -0.004
201508 0.002 100.579 0.002
201511 -0.001 100.421 -0.001
201602 -0.003 100.421 -0.004
201605 -0.003 101.765 -0.004
201608 -0.002 101.686 -0.002
201611 -0.003 101.607 -0.004
201702 -0.001 102.476 -0.001
201705 -0.007 103.108 -0.009
201708 -0.001 103.108 -0.001
201711 0.000 103.740 0.000
201802 0.008 104.688 0.010
201805 -0.038 105.399 -0.045
201808 -0.005 106.031 -0.006
201811 -0.003 105.478 -0.004
201902 -0.002 106.268 -0.002
201905 -0.002 107.927 -0.002
201908 -0.003 108.085 -0.003
201911 -0.002 107.769 -0.002
202002 -0.002 108.559 -0.002
202005 -0.003 107.532 -0.004
202008 -0.006 108.243 -0.007
202011 -0.004 108.796 -0.005
202102 -0.004 109.745 -0.005
202105 -0.002 111.404 -0.002
202108 -0.004 112.668 -0.004
202111 -0.003 113.932 -0.003
202202 -0.003 115.986 -0.003
202205 -0.002 120.016 -0.002
202208 -0.003 120.569 -0.003
202211 -0.005 121.675 -0.005
202302 -0.016 122.070 -0.016
202305 -0.035 124.045 -0.035
202308 -0.055 125.389 -0.055
202311 -0.070 125.468 -0.070
202402 -0.055 125.468 -0.055

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.


West Red Lake Gold Mines  (TSXV:WRLG) 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.


West Red Lake Gold Mines Cyclically Adjusted Price-to-FCF Related Terms

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


West Red Lake Gold Mines (TSXV:WRLG) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Toronto, ON, CAN, V7X 1J1
West Red Lake Gold Mines Ltd is engaged in the exploration and development of the West Red Lake Project located in the Red Lake Gold District of Northwestern Ontario, Canada.
Executives
Frank Giustra 10% Security Holder

West Red Lake Gold Mines (TSXV:WRLG) Headlines

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