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Heritage Mining (XCNQ:HML) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Heritage Mining Cyclically Adjusted Price-to-FCF?

Heritage Mining does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heritage Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Heritage Mining'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.

Heritage Mining Cyclically Adjusted Price-to-FCF Chart

Heritage Mining Annual Data
Trend Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Heritage Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Heritage Mining's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Heritage Mining'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.


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

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

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



Heritage Mining 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.

Heritage Mining does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.


Heritage Mining  (XCNQ:HML) 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.


Heritage Mining Cyclically Adjusted Price-to-FCF Related Terms

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Heritage Mining (XCNQ:HML) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Website
Heritage Mining Ltd is engaged in the business of exploration for gold and other metals across Canada. The company's principal objectives are to explore and develop the Drayton - Black Lake Property and to identify other properties worthy of investment and exploration. The Drayton - Black Lake Project consists of 720 mining claims located in the Patricia Mining Division totaling approximately 14,921.18 hectares.
Executives
Peter Schloo Director, Senior Officer

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