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Altair Resources (Altair Resources) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Altair Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altair Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Altair Resources'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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Altair Resources Cyclically Adjusted Price-to-FCF Chart

Altair Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Altair Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Altair Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Altair Resources'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.


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

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

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



Altair Resources 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.

Altair Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Altair Resources'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)
=-0/125.4675*125.4675
=0.000

Current CPI (Dec. 2023) = 125.4675.

Altair Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.040 98.604 -0.051
201406 -0.751 99.473 -0.947
201409 -0.086 99.394 -0.109
201412 -0.008 98.367 -0.010
201503 -0.275 99.789 -0.346
201506 -0.002 100.500 -0.002
201509 -0.250 100.421 -0.312
201512 -0.055 99.947 -0.069
201603 0.000 101.054 0.000
201606 -0.028 102.002 -0.034
201609 -0.069 101.765 -0.085
201612 -0.032 101.449 -0.040
201703 -0.031 102.634 -0.038
201706 -0.088 103.029 -0.107
201709 -0.049 103.345 -0.059
201712 -0.044 103.345 -0.053
201803 0.051 105.004 0.061
201806 -0.004 105.557 -0.005
201809 -0.004 105.636 -0.005
201812 -0.001 105.399 -0.001
201903 -0.007 106.979 -0.008
201906 -0.001 107.690 -0.001
201909 -0.001 107.611 -0.001
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 -0.001 108.164 -0.001
202012 -0.005 108.559 -0.006
202103 -0.001 110.298 -0.001
202106 -0.003 111.720 -0.003
202109 -0.010 112.905 -0.011
202112 -0.005 113.774 -0.006
202203 -0.003 117.646 -0.003
202206 -0.001 120.806 -0.001
202209 0.000 120.648 0.000
202212 -0.001 120.964 -0.001
202303 0.000 122.702 0.000
202306 -0.001 124.203 -0.001
202309 0.000 125.230 0.000
202312 0.000 125.468 0.000

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.


Altair Resources  (OTCPK:AAEEF) 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.


Altair Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Altair Resources (Altair Resources) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Altair Resources Inc is a Canada-based junior mineral exploration company. It is engaged in the business of acquiring, exploring, developing, and exploiting natural resource properties in British Columbia, Canada.

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