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Kirkland Lake Gold (Kirkland Lake Gold) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Kirkland Lake Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirkland Lake Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kirkland Lake Gold'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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Kirkland Lake Gold Cyclically Adjusted Price-to-FCF Chart

Kirkland Lake Gold Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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Kirkland Lake Gold Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Kirkland Lake Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Kirkland Lake Gold'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.


Kirkland Lake Gold's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kirkland Lake Gold's Cyclically Adjusted Price-to-FCF falls into.



Kirkland Lake Gold 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.

Kirkland Lake Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Kirkland Lake Gold's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.534/112.9049*112.9049
=0.534

Current CPI (Sep. 2021) = 112.9049.

Kirkland Lake Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201110 -0.025 95.444 -0.030
201201 -0.004 95.365 -0.005
201204 -0.091 96.550 -0.106
201207 -0.155 95.997 -0.182
201210 -0.532 96.550 -0.622
201301 -0.312 95.839 -0.368
201304 -0.081 96.945 -0.094
201307 -0.556 97.261 -0.645
201310 -0.288 97.182 -0.335
201401 -0.199 97.261 -0.231
201404 -0.182 98.920 -0.208
201407 0.065 99.315 0.074
201410 0.072 99.473 0.082
201501 0.126 98.209 0.145
201504 0.087 99.710 0.099
201507 0.029 100.579 0.033
201510 0.074 100.500 0.083
201603 0.180 101.054 0.201
201606 0.211 102.002 0.234
201609 0.196 101.765 0.217
201612 0.267 101.449 0.297
201703 0.179 102.634 0.197
201706 0.212 103.029 0.232
201709 0.147 103.345 0.161
201712 0.264 103.345 0.288
201803 0.236 105.004 0.254
201806 0.285 105.557 0.305
201809 0.270 105.636 0.289
201812 0.448 105.399 0.480
201903 0.456 106.979 0.481
201906 0.247 107.690 0.259
201909 0.857 107.611 0.899
201912 0.628 107.769 0.658
202003 0.507 107.927 0.530
202006 0.339 108.401 0.353
202009 1.001 108.164 1.045
202012 0.845 108.559 0.879
202103 0.159 110.298 0.163
202106 0.491 111.720 0.496
202109 0.534 112.905 0.534

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.


Kirkland Lake Gold  (NYSE:KL) 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.


Kirkland Lake Gold Cyclically Adjusted Price-to-FCF Related Terms

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Kirkland Lake Gold (Kirkland Lake Gold) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1
Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.