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Highcliff Metals (TSXV:HCM.H) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Highcliff Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Highcliff Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Highcliff Metals'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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Highcliff Metals Cyclically Adjusted Price-to-FCF Chart

Highcliff Metals Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Cyclically Adjusted Price-to-FCF
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Highcliff Metals Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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Competitive Comparison of Highcliff Metals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Highcliff Metals'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.


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

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

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



Highcliff Metals 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.

Highcliff Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2023 is calculated as:

For example, Highcliff Metals's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2023 (Change)*Current CPI (Jan. 2023)
=-0.053/121.5960*121.5960
=-0.053

Current CPI (Jan. 2023) = 121.5960.

Highcliff Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201304 -0.062 96.945 -0.078
201307 -0.053 97.261 -0.066
201310 -0.098 97.182 -0.123
201401 -0.135 97.261 -0.169
201404 -0.083 98.920 -0.102
201407 -0.082 99.315 -0.100
201410 -0.081 99.473 -0.099
201501 -0.133 98.209 -0.165
201504 -0.184 99.710 -0.224
201507 -0.157 100.579 -0.190
201510 -0.163 100.500 -0.197
201601 -0.185 100.184 -0.225
201604 -0.101 101.370 -0.121
201607 -0.104 101.844 -0.124
201610 -0.102 102.002 -0.122
201701 -0.041 102.318 -0.049
201704 -0.105 103.029 -0.124
201707 -0.070 103.029 -0.083
201710 -0.066 103.424 -0.078
201801 -0.058 104.056 -0.068
201804 -0.071 105.320 -0.082
201807 -0.072 106.110 -0.083
201810 -0.091 105.952 -0.104
201901 -0.083 105.557 -0.096
201904 -0.078 107.453 -0.088
201907 -0.058 108.243 -0.065
201910 -0.068 107.927 -0.077
202001 -0.083 108.085 -0.093
202004 -0.059 107.216 -0.067
202007 -0.036 108.401 -0.040
202010 -0.042 108.638 -0.047
202101 -0.049 109.192 -0.055
202104 -0.038 110.851 -0.042
202107 -0.040 112.431 -0.043
202110 -0.036 113.695 -0.039
202201 -0.047 114.801 -0.050
202204 -0.037 118.357 -0.038
202207 -0.039 120.964 -0.039
202210 -0.040 121.517 -0.040
202301 -0.053 121.596 -0.053

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.


Highcliff Metals  (TSXV:HCM.H) 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.


Highcliff Metals Cyclically Adjusted Price-to-FCF Related Terms

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


Highcliff Metals (TSXV:HCM.H) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 704, Vancouver, BC, CAN, V6C 2T5
Highcliff Metals Corp is engaged in the development of the Helmer-Bovill industrial mineral property located in Latah County, Idaho. The Helmer-Bovill property is comprised of eleven mineral leases that host potentially economic deposits of feldspar, quartz and kaolinitic clays, kaolinite and halloysite.

Highcliff Metals (TSXV:HCM.H) Headlines

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