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McEwen Mining (McEwen Mining) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is McEwen Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


McEwen Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for McEwen Mining'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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McEwen Mining Cyclically Adjusted Price-to-FCF Chart

McEwen Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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McEwen Mining 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 McEwen Mining's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, McEwen Mining'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.


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

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

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



McEwen Mining 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.

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

For example, McEwen Mining'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)
=-0.013/126.2576*126.2576
=-0.013

Current CPI (Mar. 2024) = 126.2576.

McEwen Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.173 99.473 -0.220
201409 -0.091 99.394 -0.116
201412 -0.187 98.367 -0.240
201503 0.182 99.789 0.230
201506 0.004 100.500 0.005
201509 0.352 100.421 0.443
201512 -0.043 99.947 -0.054
201603 0.473 101.054 0.591
201606 -0.025 102.002 -0.031
201609 0.134 101.765 0.166
201612 -0.566 101.449 -0.704
201703 -0.240 102.634 -0.295
201706 -0.334 103.029 -0.409
201709 0.005 103.345 0.006
201712 -0.566 103.345 -0.691
201803 -0.136 105.004 -0.164
201806 -0.658 105.557 -0.787
201809 -0.809 105.636 -0.967
201812 -0.792 105.399 -0.949
201903 -0.807 106.979 -0.952
201906 -0.182 107.690 -0.213
201909 -0.423 107.611 -0.496
201912 -0.536 107.769 -0.628
202003 -0.435 107.927 -0.509
202006 -0.279 108.401 -0.325
202009 -0.148 108.164 -0.173
202012 -0.163 108.559 -0.190
202103 -0.458 110.298 -0.524
202106 -0.179 111.720 -0.202
202109 -0.416 112.905 -0.465
202112 -0.161 113.774 -0.179
202203 -0.424 117.646 -0.455
202206 -0.863 120.806 -0.902
202209 -0.404 120.648 -0.423
202212 -0.021 120.964 -0.022
202303 -0.515 122.702 -0.530
202306 -0.807 124.203 -0.820
202309 -0.244 125.230 -0.246
202312 0.179 125.072 0.181
202403 -0.013 126.258 -0.013

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.


McEwen Mining  (NYSE:MUX) 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.


McEwen Mining Cyclically Adjusted Price-to-FCF Related Terms

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


McEwen Mining (McEwen Mining) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2800, Toronto, ON, CAN, M5H 1J9
McEwen Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and the majority of silver production, is produced by the San Jose mine. Geographically, the majority is from Canada.
Executives
Michelle Makori director C/O MCEWEN MINING INC., 150 KING STREET WEST, SUITE 2800, TORONTO A6 A6 M5H 1J9
Ian J Ball officer: Vice President, Mexico 99 GEORGE STREET, THIRD FLOOR, TORONTO A6 M5A 2N4
G. Peter Mah officer: Chief Operating Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Merri Sanchez director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
William M Shaver director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Anna Man-yue Ladd-kruger officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Stephen Mcgibbon officer: EVP of Exploration 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Richard W. Brissenden director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Merushe Verli officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Michele L Ashby director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Chris Stewart officer: President and COO 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Allen V Ambrose director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Simon Tyler Quick officer: Vice President - Projects 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Xavier Ochoa officer: Chief Operating Officer 150 KING ST. WEST, SUITE 2800, TORONTO A6 M5H 1J9
Sylvain Guerard officer: SVP, Exploration 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9

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