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Fortuna Silver Mines (Fortuna Silver Mines) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Fortuna Silver Mines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortuna Silver Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fortuna Silver Mines'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.

Fortuna Silver Mines Cyclically Adjusted Price-to-FCF Chart

Fortuna Silver Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Fortuna Silver Mines 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 Fortuna Silver Mines's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Fortuna Silver Mines'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.


Fortuna Silver Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Fortuna Silver Mines's Cyclically Adjusted Price-to-FCF falls into.



Fortuna Silver Mines 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.

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

For example, Fortuna Silver Mines'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)
=0.174/125.4675*125.4675
=0.174

Current CPI (Dec. 2023) = 125.4675.

Fortuna Silver Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.113 98.604 0.144
201406 -0.049 99.473 -0.062
201409 0.088 99.394 0.111
201412 0.014 98.367 0.018
201503 0.019 99.789 0.024
201506 -0.043 100.500 -0.054
201509 0.024 100.421 0.030
201512 -0.019 99.947 -0.024
201603 -0.127 101.054 -0.158
201606 -0.040 102.002 -0.049
201609 0.129 101.765 0.159
201612 0.110 101.449 0.136
201703 -0.016 102.634 -0.020
201706 0.003 103.029 0.004
201709 0.055 103.345 0.067
201712 0.086 103.345 0.104
201803 0.056 105.004 0.067
201806 0.035 105.557 0.042
201809 -0.122 105.636 -0.145
201812 0.081 105.399 0.096
201903 -0.183 106.979 -0.215
201906 -0.201 107.690 -0.234
201909 -0.405 107.611 -0.472
201912 -0.194 107.769 -0.226
202003 -0.195 107.927 -0.227
202006 -0.117 108.401 -0.135
202009 0.073 108.164 0.085
202012 0.172 108.559 0.199
202103 0.025 110.298 0.028
202106 0.041 111.720 0.046
202109 -0.047 112.905 -0.052
202112 -0.015 113.774 -0.017
202203 -0.108 117.646 -0.115
202206 -0.022 120.806 -0.023
202209 0.020 120.648 0.021
202212 -0.082 120.964 -0.085
202303 -0.068 122.702 -0.070
202306 -0.079 124.203 -0.080
202309 0.235 125.230 0.235
202312 0.174 125.468 0.174

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.


Fortuna Silver Mines  (NYSE:FSM) 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.


Fortuna Silver Mines Cyclically Adjusted Price-to-FCF Related Terms

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Fortuna Silver Mines (Fortuna Silver Mines) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d'Ivoire. The company earns revenue from contracts with customers related to its concentrate and dore sales.