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First Quantum Minerals (TSX:FM) Cyclically Adjusted Revenue per Share : C$10.16 (As of Dec. 2024)


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What is First Quantum Minerals Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

First Quantum Minerals's adjusted revenue per share for the three months ended in Dec. 2024 was C$2.149. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$10.16 for the trailing ten years ended in Dec. 2024.

During the past 12 months, First Quantum Minerals's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of First Quantum Minerals was 33.60% per year. The lowest was 3.50% per year. And the median was 11.90% per year.

As of today (2025-04-15), First Quantum Minerals's current stock price is C$16.47. First Quantum Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was C$10.16. First Quantum Minerals's Cyclically Adjusted PS Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Quantum Minerals was 5.25. The lowest was 0.45. And the median was 2.22.


First Quantum Minerals Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Quantum Minerals's Cyclically Adjusted Revenue per Share 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.

First Quantum Minerals Cyclically Adjusted Revenue per Share Chart

First Quantum Minerals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.08 8.10 9.28 10.01 10.16

First Quantum Minerals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Revenue per Share 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 10.01 10.07 10.16 10.14 10.16

Competitive Comparison of First Quantum Minerals's Cyclically Adjusted Revenue per Share

For the Copper subindustry, First Quantum Minerals's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


First Quantum Minerals's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Quantum Minerals's Cyclically Adjusted PS Ratio falls into.


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First Quantum Minerals Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, First Quantum Minerals's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.149/127.3637*127.3637
=2.149

Current CPI (Dec. 2024) = 127.3637.

First Quantum Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.275 99.789 1.627
201506 1.110 100.500 1.407
201509 1.225 100.421 1.554
201512 1.441 99.947 1.836
201603 1.389 101.054 1.751
201606 1.233 102.002 1.540
201609 1.150 101.765 1.439
201612 1.313 101.449 1.648
201703 1.495 102.634 1.855
201706 1.516 103.029 1.874
201709 1.569 103.345 1.934
201712 1.647 103.345 2.030
201803 1.660 105.004 2.013
201806 1.997 105.557 2.410
201809 1.849 105.636 2.229
201812 2.054 105.399 2.482
201903 1.662 106.979 1.979
201906 1.810 107.690 2.141
201909 1.898 107.611 2.246
201912 2.459 107.769 2.906
202003 2.398 107.927 2.830
202006 1.997 108.401 2.346
202009 2.690 108.164 3.167
202012 2.737 108.559 3.211
202103 2.947 110.298 3.403
202106 3.147 111.720 3.588
202109 3.199 112.905 3.609
202112 3.817 113.774 4.273
202203 3.954 117.646 4.281
202206 3.519 120.806 3.710
202209 3.326 120.648 3.511
202212 3.586 120.964 3.776
202303 3.073 122.702 3.190
202306 3.163 124.203 3.243
202309 3.956 125.230 4.023
202312 2.362 125.072 2.405
202403 1.866 126.258 1.882
202406 2.028 127.522 2.025
202409 2.076 127.285 2.077
202412 2.149 127.364 2.149

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


First Quantum Minerals  (TSX:FM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

First Quantum Minerals's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.47/10.16
=1.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Quantum Minerals was 5.25. The lowest was 0.45. And the median was 2.22.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


First Quantum Minerals Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of First Quantum Minerals's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First Quantum Minerals Business Description

Traded in Other Exchanges
Address
330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
Executives
Charles Kevin Mcarthur Director
Joanne Warner Director
Alison Cheryl Beckett Director
Kathleen Applegate Hogenson Director
Simon John Scott Director
Zenon Wozniak Senior Officer
Ryan Leslie Macwilliam Senior Officer
Jiangxi Copper Company Limited 10% Security Holder
Rudi Badenhorst Senior Officer
John Lewis Gregory Senior Officer
Philip K.r. Pascall Director
G. Clive Newall Director
Hannes Meyer Senior Officer
Peter St. George Director
Anthony Tristan Pascall Director