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Montego Resources (XCNQ:MY) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Montego Resources Cyclically Adjusted Price-to-FCF Historical Data

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

Montego Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Montego 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 Montego Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Montego 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.


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

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

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



Montego 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.

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

For example, Montego 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)
=-0.005/125.4675*125.4675
=-0.005

Current CPI (Dec. 2023) = 125.4675.

Montego Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.043 98.604 -0.055
201406 -1.633 99.473 -2.060
201409 -0.328 99.394 -0.414
201412 -0.250 98.367 -0.319
201503 -3.419 99.789 -4.299
201506 -0.364 100.500 -0.454
201509 -0.277 100.421 -0.346
201512 -0.193 99.947 -0.242
201603 -0.076 101.054 -0.094
201606 -0.017 102.002 -0.021
201609 -3.030 101.765 -3.736
201612 -0.580 101.449 -0.717
201703 -0.369 102.634 -0.451
201706 -0.323 103.029 -0.393
201709 -0.220 103.345 -0.267
201712 -0.701 103.345 -0.851
201803 -0.215 105.004 -0.257
201806 -0.174 105.557 -0.207
201809 -0.114 105.636 -0.135
201812 -0.021 105.399 -0.025
201903 -0.007 106.979 -0.008
201906 0.000 107.690 0.000
201909 -0.035 107.611 -0.041
201912 -0.080 107.769 -0.093
202003 0.021 107.927 0.024
202006 -0.004 108.401 -0.005
202009 -0.007 108.164 -0.008
202012 -0.021 108.559 -0.024
202103 -0.002 110.298 -0.002
202106 -0.001 111.720 -0.001
202109 -0.007 112.905 -0.008
202112 -0.002 113.774 -0.002
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 -0.002 120.648 -0.002
202212 -0.030 120.964 -0.031
202303 -0.007 122.702 -0.007
202306 -0.001 124.203 -0.001
202309 -0.002 125.230 -0.002
202312 -0.005 125.468 -0.005

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.


Montego Resources  (XCNQ:MY) 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.


Montego Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Montego Resources (XCNQ:MY) Business Description

Traded in Other Exchanges
Address
400-837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Montego Resources Inc is a junior mineral exploration company engaged in the business of acquiring, exploring, and evaluating natural resource properties. It is currently focused on conducting an exploration program on the Taylor Silver Property, Orogrande Gold Project, and the Black Dog Property.

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