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MAG Silver (MAG Silver) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is MAG Silver Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MAG Silver Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MAG Silver'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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MAG Silver Cyclically Adjusted Price-to-FCF Chart

MAG Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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MAG Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of MAG Silver's Cyclically Adjusted Price-to-FCF

For the Silver subindustry, MAG Silver'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.


MAG Silver's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



MAG Silver 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.

MAG Silver's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MAG Silver's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.062/126.2576*126.2576
=-0.062

Current CPI (Mar. 2024) = 126.2576.

MAG Silver Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.039 99.473 -0.050
201409 -0.022 99.394 -0.028
201412 -0.021 98.367 -0.027
201503 -0.015 99.789 -0.019
201506 -0.019 100.500 -0.024
201509 -0.012 100.421 -0.015
201512 -0.022 99.947 -0.028
201603 -0.016 101.054 -0.020
201606 -0.016 102.002 -0.020
201609 -0.009 101.765 -0.011
201612 -0.016 101.449 -0.020
201703 -0.021 102.634 -0.026
201706 -0.005 103.029 -0.006
201709 -0.014 103.345 -0.017
201712 -0.009 103.345 -0.011
201803 -0.019 105.004 -0.023
201806 -0.009 105.557 -0.011
201809 -0.003 105.636 -0.004
201812 -0.016 105.399 -0.019
201903 -0.013 106.979 -0.015
201906 -0.009 107.690 -0.011
201909 -0.007 107.611 -0.008
201912 -0.013 107.769 -0.015
202003 -0.019 107.927 -0.022
202006 -0.017 108.401 -0.020
202009 -0.006 108.164 -0.007
202012 -0.027 108.559 -0.031
202103 -0.031 110.298 -0.035
202106 -0.009 111.720 -0.010
202109 -0.013 112.905 -0.015
202112 -0.017 113.774 -0.019
202203 -0.017 117.646 -0.018
202206 -0.051 120.806 -0.053
202209 -0.013 120.648 -0.014
202212 -0.008 120.964 -0.008
202303 -0.031 122.702 -0.032
202306 -0.018 124.203 -0.018
202309 -0.013 125.230 -0.013
202312 -0.026 125.072 -0.026
202403 -0.062 126.258 -0.062

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.


MAG Silver  (AMEX:MAG) 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.


MAG Silver Cyclically Adjusted Price-to-FCF Related Terms

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


MAG Silver (MAG Silver) Business Description

Industry
Traded in Other Exchanges
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.

MAG Silver (MAG Silver) Headlines