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Wheaton Precious Metals (Wheaton Precious Metals) Cyclically Adjusted Price-to-FCF : 490.91 (As of Apr. 27, 2024)


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What is Wheaton Precious Metals Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Wheaton Precious Metals's current share price is $54.00. Wheaton Precious Metals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.11. Wheaton Precious Metals's Cyclically Adjusted Price-to-FCF for today is 490.91.

The historical rank and industry rank for Wheaton Precious Metals's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WPM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 204.15   Med: 261.16   Max: 497.01
Current: 497.01

During the past years, Wheaton Precious Metals's highest Cyclically Adjusted Price-to-FCF was 497.01. The lowest was 204.15. And the median was 261.16.

WPM's Cyclically Adjusted Price-to-FCF is ranked worse than
97.22% of 252 companies
in the Metals & Mining industry
Industry Median: 20.745 vs WPM: 497.01

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Wheaton Precious Metals's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.481. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wheaton Precious Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wheaton Precious 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.

* Premium members only.

Wheaton Precious Metals Cyclically Adjusted Price-to-FCF Chart

Wheaton Precious Metals 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 - - - - 442.57

Wheaton Precious Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 274.20 209.50 216.64 442.57

Competitive Comparison of Wheaton Precious Metals's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Wheaton Precious 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.


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

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

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



Wheaton Precious 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.

Wheaton Precious Metals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.00/0.11
=490.91

* 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.

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

For example, Wheaton Precious Metals'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)
=-0.481/125.4675*125.4675
=-0.481

Current CPI (Dec. 2023) = 125.4675.

Wheaton Precious Metals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.029 98.604 -0.037
201406 0.286 99.473 0.361
201409 0.310 99.394 0.391
201412 0.258 98.367 0.329
201503 -2.185 99.789 -2.747
201506 0.268 100.500 0.335
201509 0.245 100.421 0.306
201512 -1.899 99.947 -2.384
201603 0.282 101.054 0.350
201606 0.303 102.002 0.373
201609 -1.445 101.765 -1.782
201612 0.390 101.449 0.482
201703 0.269 102.634 0.329
201706 0.282 103.029 0.343
201709 0.292 103.345 0.355
201712 0.371 103.345 0.450
201803 0.282 105.004 0.337
201806 -1.080 105.557 -1.284
201809 -0.914 105.636 -1.086
201812 0.243 105.399 0.289
201903 0.265 106.979 0.311
201906 0.243 107.690 0.283
201909 0.316 107.611 0.368
201912 0.294 107.769 0.342
202003 0.394 107.927 0.458
202006 0.337 108.401 0.390
202009 0.503 108.164 0.583
202012 0.461 108.559 0.533
202103 0.170 110.298 0.193
202106 0.336 111.720 0.377
202109 0.442 112.905 0.491
202112 -0.241 113.774 -0.266
202203 0.364 117.646 0.388
202206 0.422 120.806 0.438
202209 0.236 120.648 0.245
202212 0.282 120.964 0.292
202303 0.227 122.702 0.232
202306 0.251 124.203 0.254
202309 0.169 125.230 0.169
202312 -0.481 125.468 -0.481

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.


Wheaton Precious Metals  (NYSE:WPM) 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.


Wheaton Precious Metals Cyclically Adjusted Price-to-FCF Related Terms

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


Wheaton Precious Metals (Wheaton Precious Metals) Business Description

Address
1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.