GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Lithium Corp (NAS:ATLX) » Definitions » Free Cash Flow per Share

Atlas Lithium (Atlas Lithium) Free Cash Flow per Share : $-0.89 (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Atlas Lithium Free Cash Flow per Share?

Atlas Lithium's Free Cash Flow per Share for the three months ended in Dec. 2023 was $-1.01. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.89.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -26.40% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 3.40% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 59.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for Atlas Lithium's Free Cash Flow per Share or its related term are showing as below:

ATLX' s 3-Year FCF Growth Rate Range Over the Past 10 Years
Min: -26.4   Med: 63.4   Max: 83.7
Current: -26.4

During the past 12 years, Atlas Lithium's highest 3-Year average Free Cash Flow per Share Growth Rate was 83.70% per year. The lowest was -26.40% per year. And the median was 63.40% per year.

ATLX's 3-Year FCF Growth Rate is ranked worse than
74.42% of 1802 companies
in the Metals & Mining industry
Industry Median: 3.9 vs ATLX: -26.40

Atlas Lithium Free Cash Flow per Share Historical Data

The historical data trend for Atlas Lithium's Free Cash Flow per Share 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.

Atlas Lithium Free Cash Flow per Share Chart

Atlas Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Free Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.74 -0.60 -0.56 -0.94 -1.20

Atlas Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Free Cash Flow per Share 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 -0.32 -0.74 1.57 -0.71 -1.01

Competitive Comparison of Atlas Lithium's Free Cash Flow per Share

For the Other Precious Metals & Mining subindustry, Atlas Lithium's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Atlas Lithium's Price-to-Free-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlas Lithium's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Atlas Lithium's Price-to-Free-Cash-Flow falls into.



Atlas Lithium Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

Atlas Lithium's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Free Cash Flow Per Share(A: Dec. 2023 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-5.029+-7.082)/10.066
=-12.111/10.066
=-1.20

Atlas Lithium's Free Cash Flow Per Share for the quarter that ended in Dec. 2023 is calculated as

Free Cash Flow Per Share(Q: Dec. 2023 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-8.344+-5.56)/13.805
=-13.904/13.805
=-1.01

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.89

* 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.


Atlas Lithium  (NAS:ATLX) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Dec23, Atlas Lithium's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec23)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/31.28+0
=0.00 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


Atlas Lithium Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of Atlas Lithium's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Lithium (Atlas Lithium) Business Description

Traded in Other Exchanges
Address
Rua Bahia 2463, Suite 205, Belo Horizonte, MG, BRA, 30.160-012
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its current focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain.
Executives
Igor Tkachenko officer: VP, Corporate Strategy 1200 N. FEDERAL HWY, SUITE 200, BOCA RATON FL 33432
Marc Fogassa director, 10 percent owner, officer: Chief Executive Officer 324 SOUTH BEVERLY DRIVE, SUITE 118, BEVERLY HILLS CA 90212
Pereira De Aguiar Gustavo officer: CFO/PAO 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Volodymyr Myadzel officer: Senior VP, Geology 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Cassiopeia Olson director 2015 S BEVERLY GLEN BLVD., 101, 101, LOS ANGELES CA 90025
Brian W. Bernier officer: Vice President 605 BELMONT PLACE, BOYNTON BEACH FL 33436
Stephen R. Petersen director C/O FOUR SPRINGS CAPITAL TRUST, 1901 MAIN STREET, LAKE COMO NJ 07719
De Paiva Monteiro Joel officer: VP, Admin & Ops, ESG Chief 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Nogueira Da Silva Junior Areli officer: VP, Mineral Exploration 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Roger Noriega director 1150 K STREET, N.W., WASHINGTON DC 20005
Peter Kristofer Goldy 10 percent owner 9903 SANTA MONICA BLVD, SUITE 187, BEVERLY HILLS CA 90212
Sainte Valiere, Llc 10 percent owner SOUTHPAC TRUST NEVIS LIMITED, HUNKINS PLAZA, CHARLESTOWN U7 NONE
Brazil Mining, Inc. 10 percent owner 324 SOUTH BEVERLY DRIVE, STE. 118, BEVERLY HILLS CA 90212
Luis Azevedo director AV. JOURNALISTA RICARDO MARINHO 360, SALA 113 ED.COSMOPOLITAN,BARRA DA TIJUCA, RIO DE JANEIRO, CEP 22631-350 D5 22631-350
Paul Durand director 99 LYTTLETON GARDENS, OTTAWA A6 K1L5A4

Atlas Lithium (Atlas Lithium) Headlines

From GuruFocus