GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglogold Ashanti Plc (NYSE:AU) » Definitions » Cyclically Adjusted Price-to-FCF

Anglogold Ashanti (Anglogold Ashanti) Cyclically Adjusted Price-to-FCF : 13.20 (As of Apr. 27, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Anglogold Ashanti Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Anglogold Ashanti's current share price is $15.045. Anglogold Ashanti's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was $1.14. Anglogold Ashanti's Cyclically Adjusted Price-to-FCF for today is 13.20.

The historical rank and industry rank for Anglogold Ashanti's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.86   Med: 22.32   Max: 133.78
Current: 20.43

During the past 13 years, Anglogold Ashanti's highest Cyclically Adjusted Price-to-FCF was 133.78. The lowest was 13.86. And the median was 22.32.

AU's Cyclically Adjusted Price-to-FCF is ranked better than
50.79% of 252 companies
in the Metals & Mining industry
Industry Median: 20.745 vs AU: 20.43

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.

Anglogold Ashanti's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was $1.855. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.14 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anglogold Ashanti Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Cyclically Adjusted Price-to-FCF Chart

Anglogold Ashanti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.37 25.44 20.46 24.38 17.75

Anglogold Ashanti Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 24.38 - 17.75 -

Competitive Comparison of Anglogold Ashanti's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Anglogold Ashanti'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.


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

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

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



Anglogold Ashanti 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.

Anglogold Ashanti's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.045/1.14
=13.20

* 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.

Anglogold Ashanti's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Anglogold Ashanti's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1.855/125.2218*125.2218
=1.855

Current CPI (Dec22) = 125.2218.

Anglogold Ashanti Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.456 98.326 -0.581
201412 0.910 99.070 1.150
201512 1.152 99.792 1.446
201612 1.145 101.863 1.408
201712 0.775 104.011 0.933
201812 0.676 105.998 0.799
201912 0.822 108.420 0.949
202012 2.269 109.897 2.585
202112 0.571 117.630 0.608
202212 1.855 125.222 1.855

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.


Anglogold Ashanti  (NYSE:AU) 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.


Anglogold Ashanti Cyclically Adjusted Price-to-FCF Related Terms

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


Anglogold Ashanti (Anglogold Ashanti) Business Description

Traded in Other Exchanges
Address
112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.

Anglogold Ashanti (Anglogold Ashanti) Headlines