GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eldorado Gold Corp (XSWX:ELD) » Definitions » Cyclically Adjusted Price-to-FCF

Eldorado Gold (XSWX:ELD) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Eldorado Gold Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eldorado Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eldorado Gold'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.

Eldorado Gold Cyclically Adjusted Price-to-FCF Chart

Eldorado Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Eldorado Gold 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 Eldorado Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Eldorado Gold'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.


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

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

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



Eldorado Gold 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.

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

For example, Eldorado Gold'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)
=-0.031/125.4675*125.4675
=-0.031

Current CPI (Mar. 2024) = 125.4675.

Eldorado Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.056 99.473 -0.071
201409 -0.014 99.394 -0.018
201412 -0.083 98.367 -0.106
201503 0.000 99.789 0.000
201506 -0.029 100.500 -0.036
201509 -0.036 100.421 -0.045
201512 -0.115 99.947 -0.144
201603 -0.071 101.054 -0.088
201606 -0.080 102.002 -0.098
201609 -0.035 101.765 -0.043
201612 -0.060 101.449 -0.074
201703 -0.036 102.634 -0.044
201706 -0.139 103.029 -0.169
201709 -0.133 103.345 -0.161
201712 -0.124 103.345 -0.151
201803 -0.058 105.004 -0.069
201806 -0.047 105.557 -0.056
201809 -0.062 105.636 -0.074
201812 -0.123 105.399 -0.146
201903 -0.093 106.979 -0.109
201906 -0.001 107.690 -0.001
201909 0.023 107.611 0.027
201912 -0.002 107.769 -0.002
202003 0.017 107.927 0.020
202006 0.083 108.401 0.096
202009 0.159 108.164 0.184
202012 0.075 108.559 0.087
202103 0.038 110.298 0.043
202106 -0.027 111.720 -0.030
202109 0.053 112.905 0.059
202112 0.040 113.774 0.044
202203 -0.022 117.646 -0.023
202206 -0.076 120.806 -0.079
202209 -0.029 120.648 -0.030
202212 0.020 120.964 0.021
202303 -0.040 122.702 -0.041
202306 -0.014 124.203 -0.014
202309 -0.008 125.230 -0.008
202312 0.025 125.468 0.025
202403 -0.031 125.468 -0.031

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.


Eldorado Gold  (XSWX:ELD) 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.


Eldorado Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Eldorado Gold (XSWX:ELD) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.

Eldorado Gold (XSWX:ELD) Headlines