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Solis Minerals (ASX:SLM) Cyclically Adjusted FCF per Share : A$-0.63 (As of Feb. 2024)


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What is Solis Minerals Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Solis Minerals's adjusted free cash flow per share for the three months ended in Feb. 2024 was A$-0.029. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is A$-0.63 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 46.50% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Solis Minerals was 55.60% per year. The lowest was 36.30% per year. And the median was 42.25% per year.

As of today (2024-05-26), Solis Minerals's current stock price is A$0.11. Solis Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was A$-0.63. Solis Minerals's Cyclically Adjusted Price-to-FCF of today is .


Solis Minerals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Solis Minerals's Cyclically Adjusted FCF 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.

Solis Minerals Cyclically Adjusted FCF per Share Chart

Solis Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -2.30 -2.28

Solis Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted FCF 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 -1.44 -2.28 -0.88 -0.87 -0.63

Competitive Comparison of Solis Minerals's Cyclically Adjusted FCF per Share

For the Copper subindustry, Solis Minerals'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.


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

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

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



Solis Minerals Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Solis Minerals's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.029/127.6062*127.6062
=-0.029

Current CPI (Feb. 2024) = 127.6062.

Solis Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.060 98.352 0.078
201408 -0.778 98.816 -1.005
201411 -0.396 99.002 -0.510
201502 -1.407 99.187 -1.810
201505 0.326 99.838 0.417
201508 -0.119 100.302 -0.151
201511 -0.133 100.673 -0.169
201602 -0.071 100.488 -0.090
201605 -0.749 100.859 -0.948
201608 -0.180 101.602 -0.226
201611 0.204 102.159 0.255
201702 -0.558 102.624 -0.694
201705 -0.319 102.809 -0.396
201708 -0.145 103.460 -0.179
201711 -0.086 104.110 -0.105
201802 -0.020 104.574 -0.024
201805 -0.030 104.945 -0.036
201808 -0.083 105.410 -0.100
201811 -0.006 105.967 -0.007
201902 -0.003 105.967 -0.004
201905 -0.002 106.617 -0.002
201908 0.001 107.174 0.001
201911 -0.002 107.917 -0.002
202002 0.003 108.289 0.004
202005 0.002 106.246 0.002
202008 0.002 107.917 0.002
202011 -0.010 108.846 -0.012
202102 -0.003 109.496 -0.003
202105 -0.013 110.332 -0.015
202108 -0.029 111.168 -0.033
202111 -0.016 112.654 -0.018
202202 -0.016 115.069 -0.018
202205 -0.027 117.112 -0.029
202208 -0.019 119.248 -0.020
202211 -0.007 121.477 -0.007
202302 -0.007 123.148 -0.007
202305 -0.017 124.170 -0.017
202308 -0.020 125.656 -0.020
202311 -0.024 126.399 -0.024
202402 -0.029 127.606 -0.029

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Solis Minerals  (ASX:SLM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Solis Minerals Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Solis Minerals's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Solis Minerals (ASX:SLM) Business Description

Industry
Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.