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Sierra Metals (TSX:SMT) Cyclically Adjusted FCF per Share : C$0.04 (As of Dec. 2023)


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What is Sierra Metals Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Sierra Metals's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.023. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$0.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sierra Metals's average Cyclically Adjusted FCF Growth Rate was 100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.60% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Sierra Metals was 60.70% per year. The lowest was -20.60% per year. And the median was 0.80% per year.

As of today (2024-04-29), Sierra Metals's current stock price is C$0.82. Sierra Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.04. Sierra Metals's Cyclically Adjusted Price-to-FCF of today is 20.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sierra Metals was 204.00. The lowest was 4.33. And the median was 31.34.


Sierra Metals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sierra Metals's Cyclically Adjusted FCF 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.

Sierra Metals Cyclically Adjusted FCF per Share Chart

Sierra Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.08 0.07 0.02 0.04

Sierra Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF 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 0.02 0.03 0.04 0.04 0.04

Competitive Comparison of Sierra Metals's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Sierra Metals'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.


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

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

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



Sierra Metals Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

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

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

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

For example, Sierra Metals's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.023/125.4675*125.4675
=0.023

Current CPI (Dec. 2023) = 125.4675.

Sierra Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.020 98.604 0.025
201406 0.028 99.473 0.035
201409 0.081 99.394 0.102
201412 0.014 98.367 0.018
201503 -0.037 99.789 -0.047
201506 -0.010 100.500 -0.012
201509 0.042 100.421 0.052
201512 -0.045 99.947 -0.056
201603 -0.098 101.054 -0.122
201606 0.037 102.002 0.046
201609 0.074 101.765 0.091
201612 0.136 101.449 0.168
201703 0.010 102.634 0.012
201706 0.040 103.029 0.049
201709 -0.038 103.345 -0.046
201712 0.014 103.345 0.017
201803 0.014 105.004 0.017
201806 0.010 105.557 0.012
201809 0.095 105.636 0.113
201812 -0.020 105.399 -0.024
201903 -0.079 106.979 -0.093
201906 -0.093 107.690 -0.108
201909 0.015 107.611 0.017
201912 0.033 107.769 0.038
202003 -0.041 107.927 -0.048
202006 0.041 108.401 0.047
202009 0.193 108.164 0.224
202012 0.053 108.559 0.061
202103 0.028 110.298 0.032
202106 0.066 111.720 0.074
202109 -0.032 112.905 -0.036
202112 -0.062 113.774 -0.068
202203 -0.112 117.646 -0.119
202206 -0.019 120.806 -0.020
202209 -0.065 120.648 -0.068
202212 -0.049 120.964 -0.051
202303 -0.006 122.702 -0.006
202306 0.055 124.203 0.056
202309 -0.028 125.230 -0.028
202312 0.023 125.468 0.023

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Sierra Metals  (TSX:SMT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Sierra Metals's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.82/0.04
=20.50

* 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 Price-to-FCF of Sierra Metals was 204.00. The lowest was 4.33. And the median was 31.34.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Sierra Metals Cyclically Adjusted FCF per Share Related Terms

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


Sierra Metals (TSX:SMT) Business Description

Industry
Traded in Other Exchanges
Address
77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1
Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.

Sierra Metals (TSX:SMT) Headlines