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Karnalyte Resources (TSX:KRN) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Karnalyte Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Karnalyte Resources Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Agricultural Inputs subindustry, Karnalyte 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.


Karnalyte Resources's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Karnalyte Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Karnalyte 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.

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

For example, Karnalyte Resources'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)
=-0.002/125.4675*125.4675
=-0.002

Current CPI (Dec. 2023) = 125.4675.

Karnalyte Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.033 98.604 -0.042
201406 -0.058 99.473 -0.073
201409 -0.045 99.394 -0.057
201412 -0.049 98.367 -0.062
201503 -0.070 99.789 -0.088
201506 -0.196 100.500 -0.245
201509 -0.052 100.421 -0.065
201512 -0.042 99.947 -0.053
201603 -0.062 101.054 -0.077
201606 -0.122 102.002 -0.150
201609 -0.089 101.765 -0.110
201612 -0.064 101.449 -0.079
201703 -0.050 102.634 -0.061
201706 -0.030 103.029 -0.037
201709 -0.034 103.345 -0.041
201712 -0.023 103.345 -0.028
201803 -0.028 105.004 -0.033
201806 -0.035 105.557 -0.042
201809 -0.024 105.636 -0.029
201812 -0.038 105.399 -0.045
201903 -0.036 106.979 -0.042
201906 -0.018 107.690 -0.021
201909 -0.011 107.611 -0.013
201912 -0.012 107.769 -0.014
202003 -0.005 107.927 -0.006
202006 -0.019 108.401 -0.022
202009 -0.010 108.164 -0.012
202012 -0.024 108.559 -0.028
202103 -0.033 110.298 -0.038
202106 -0.013 111.720 -0.015
202109 -0.016 112.905 -0.018
202112 -0.009 113.774 -0.010
202203 -0.016 117.646 -0.017
202206 -0.011 120.806 -0.011
202209 -0.014 120.648 -0.015
202212 -0.008 120.964 -0.008
202303 -0.004 122.702 -0.004
202306 -0.015 124.203 -0.015
202309 -0.006 125.230 -0.006
202312 -0.002 125.468 -0.002

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.


Karnalyte Resources  (TSX:KRN) 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.


Karnalyte Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Karnalyte Resources (TSX:KRN) Business Description

Traded in Other Exchanges
Address
409 3rd Avenue South, Suite 1201, Saskatoon, SK, CAN, S7K 5R5
Karnalyte Resources Inc is a development stage company is engaged in exploration and development of its property and planned construction of a production facility and development of a potash mine. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals.

Karnalyte Resources (TSX:KRN) Headlines

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