Fortune Minerals (Fortune Minerals) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)

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What is Fortune Minerals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation

Fortune Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fortune Minerals'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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Fortune Minerals Cyclically Adjusted Price-to-FCF Chart

Fortune Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted Price-to-FCF

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Fortune Minerals 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 Fortune Minerals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Fortune Minerals'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.

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

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

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

Fortune Minerals 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.

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

For example, Fortune Minerals'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)
	=	-0.001	/	125.0724	*	125.0724
	=	-0.001

Current CPI (Dec. 2023) = 125.0724.

Fortune Minerals Quarterly Data

	Free Cash Flow per Share	CPI	Adj_FreeCashFlowPerShare
201403	-0.013	98.604	-0.016
201406	-0.030	99.473	-0.038
201409	-0.034	99.394	-0.043
201412	0.015	98.367	0.019
201503	-0.010	99.789	-0.013
201506	-0.003	100.500	-0.004
201509	-0.010	100.421	-0.012
201512	-0.004	99.947	-0.005
201603	-0.001	101.054	-0.001
201606	-0.001	102.002	-0.001
201609	-0.001	101.765	-0.001
201612	-0.001	101.449	-0.001
201703	-0.001	102.634	-0.001
201706	-0.003	103.029	-0.004
201709	0.000	103.345	0.000
201712	-0.002	103.345	-0.002
201803	-0.004	105.004	-0.005
201806	-0.005	105.557	-0.006
201809	0.002	105.636	0.002
201812	-0.001	105.399	-0.001
201903	-0.001	106.979	-0.001
201906	-0.002	107.690	-0.002
201909	-0.001	107.611	-0.001
201912	-0.002	107.769	-0.002
202003	0.000	107.927	0.000
202006	-0.001	108.401	-0.001
202009	0.000	108.164	0.000
202012	0.000	108.559	0.000
202103	-0.001	110.298	-0.001
202106	0.000	111.720	0.000
202109	0.000	112.905	0.000
202112	-0.001	113.774	-0.001
202203	-0.001	117.646	-0.001
202206	-0.001	120.806	-0.001
202209	-0.001	120.648	-0.001
202212	-0.001	120.964	-0.001
202303	0.000	122.702	0.000
202306	-0.001	124.203	-0.001
202309	-0.001	125.230	-0.001
202312	-0.001	125.072	-0.001

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.

Fortune Minerals (OTCPK:FTMDF) 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.

Fortune Minerals Cyclically Adjusted Price-to-FCF Related Terms

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Fortune Minerals (Fortune Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (OTCPK:FTMDF) » Definitions » Cyclically Adjusted Price-to-FCF

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Traded in Other Exchanges

FT:Canada

Address

617 Wellington Street, London, ON, CAN, N6A 3R6

Website

https://www.fortuneminerals.com

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.