GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » OceanaGold Corp (OTCPK:OCANF) » Definitions » Cyclically Adjusted Price-to-FCF

OceanaGold (OceanaGold) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


View and export this data going back to 2007. Start your Free Trial

What is OceanaGold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


OceanaGold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for OceanaGold'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.

OceanaGold Cyclically Adjusted Price-to-FCF Chart

OceanaGold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 54.12 48.60

OceanaGold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.88 31.67 35.33 48.60 -

Competitive Comparison of OceanaGold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, OceanaGold'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.


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

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

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



OceanaGold 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.

OceanaGold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, OceanaGold's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.003/*
=

Current CPI (Mar. 2024) = .

OceanaGold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.070 98.352 0.000
201409 0.002 98.816 0.000
201412 0.115 99.002 0.000
201503 0.063 99.187 0.000
201506 0.056 99.838 0.000
201509 0.005 100.302 0.000
201512 -0.015 100.673 0.000
201603 -0.101 100.488 0.000
201606 -0.041 100.859 0.000
201609 -0.138 101.602 0.000
201612 -0.066 102.159 0.000
201703 -0.031 102.624 0.000
201706 0.027 102.809 0.000
201709 -0.023 103.460 0.000
201712 0.167 104.110 0.000
201803 0.035 104.574 0.000
201806 0.078 104.945 0.000
201809 0.012 105.410 0.000
201812 0.070 105.967 0.000
201903 -0.030 105.967 0.000
201906 0.015 106.617 0.000
201909 -0.039 107.174 0.000
201912 -0.007 107.917 0.000
202003 0.100 108.289 0.000
202006 -0.058 106.246 0.000
202009 -0.024 107.917 0.000
202012 -0.094 108.846 0.000
202103 -0.035 109.496 0.000
202106 -0.070 110.332 0.000
202109 -0.022 111.168 0.000
202112 0.039 112.654 0.000
202203 0.100 115.069 0.000
202206 0.022 117.112 0.000
202209 -0.015 119.248 0.000
202212 0.014 121.477 0.000
202303 -0.023 123.148 0.000
202306 0.093 124.170 0.000
202309 -0.041 125.656 0.000
202312 0.018 125.656 0.000
202403 0.003 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.


OceanaGold  (OTCPK:OCANF) 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.


OceanaGold Cyclically Adjusted Price-to-FCF Related Terms

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


OceanaGold (OceanaGold) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering strong returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.

OceanaGold (OceanaGold) Headlines

From GuruFocus

OceanaGold Corp Falls

By Alberto Abaterusso Alberto Abaterusso 02-05-2018

OceanaGold Announces First Production at Haile Gold Mine

By Alberto Abaterusso Alberto Abaterusso 01-21-2017

OceanaGold Begins Milling Activities at Haile Gold Mine

By Alberto Abaterusso Alberto Abaterusso 12-30-2016

OceanaGold: Commercial Production Reached in South Carolina

By Alberto Abaterusso Alberto Abaterusso 10-05-2017

OceanaGold Reports 2016 Financial Figures

By Alberto Abaterusso Alberto Abaterusso 02-23-2017

OceanaGold Releases Drilling Results

By Alberto Abaterusso Alberto Abaterusso 06-26-2017

OceanaGold Releases 3rd-Quarter Results

By Alberto Abaterusso Alberto Abaterusso 10-31-2017