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


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What is Golden River Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden River Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golden River 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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Golden River Resources Cyclically Adjusted Price-to-FCF Chart

Golden River Resources Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cyclically Adjusted Price-to-FCF
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Golden River Resources Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of Golden River Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Golden River 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.


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

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

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



Golden River 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.

Golden River Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2015 is calculated as:

For example, Golden River Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=0/99.1874*99.1874
=0.000

Current CPI (Mar. 2015) = 99.1874.

Golden River Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200506 -0.090 76.712 -0.116
200509 -0.079 77.455 -0.101
200512 -0.116 77.827 -0.148
200603 -0.071 78.477 -0.090
200606 -0.133 79.777 -0.165
200609 -0.429 80.520 -0.528
200612 -0.083 80.427 -0.102
200703 -0.119 80.427 -0.147
200706 0.015 81.449 0.018
200709 -0.101 82.006 -0.122
200712 -0.002 82.749 -0.002
200803 -0.005 83.864 -0.006
200806 -0.006 85.071 -0.007
200809 0.006 86.092 0.007
200812 -0.015 85.814 -0.017
200903 -0.023 85.907 -0.027
200906 -0.017 86.278 -0.020
200909 0.015 87.114 0.017
200912 0.082 87.578 0.093
201003 -0.335 88.414 -0.376
201006 -0.042 88.971 -0.047
201009 0.016 89.622 0.018
201012 -0.064 89.993 -0.071
201103 -0.028 91.293 -0.030
201106 -0.082 92.129 -0.088
201109 -0.024 92.686 -0.026
201112 0.019 92.686 0.020
201203 -0.003 92.779 -0.003
201206 -0.482 93.244 -0.513
201209 -0.014 94.544 -0.015
201212 0.005 94.730 0.005
201303 0.000 95.101 0.000
201306 -0.002 95.473 -0.002
201309 -0.001 96.587 -0.001
201312 -0.001 97.330 -0.001
201403 -0.001 97.887 -0.001
201406 -0.002 98.352 -0.002
201409 0.002 98.816 0.002
201412 -0.001 99.002 -0.001
201503 0.000 99.187 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.


Golden River Resources  (GREY:GORV) 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.


Golden River Resources Cyclically Adjusted Price-to-FCF Related Terms

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Golden River Resources (Golden River Resources) Business Description

Traded in Other Exchanges
N/A
Address
Golden River Resources Corp is an Australia-based exploration stage mining company. It is primarily engaged in the identification, acquisition, exploration, and development of mining prospects. Its exploration work is subject to the Mining Land Use Regulations of the Indian and Northern Affairs Canada Mining Act. The company generally explores gold. It holds interests in the mineral claims in Nova Scotia and Nunavut, Canada which is in the Slave Craton and in the Committee Bay Greenstone Belt.