GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avino Silver & Gold Mines Ltd (TSX:ASM) » Definitions » Cyclically Adjusted Price-to-FCF

Avino Silver & Gold Mines (TSX:ASM) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


View and export this data going back to 1969. Start your Free Trial

What is Avino Silver & Gold Mines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avino Silver & Gold Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avino Silver & Gold Mines'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.

* Premium members only.

Avino Silver & Gold Mines Cyclically Adjusted Price-to-FCF Chart

Avino Silver & Gold Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Avino Silver & Gold Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of Avino Silver & Gold Mines's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.


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

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

* The bar in red indicates where Avino Silver & Gold Mines's Cyclically Adjusted Price-to-FCF falls into.



Avino Silver & Gold Mines 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.

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

For example, Avino Silver & Gold Mines'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)
=0.015/126.2576*126.2576
=0.015

Current CPI (Mar. 2024) = 126.2576.

Avino Silver & Gold Mines Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.025 99.473 -0.032
201409 -0.053 99.394 -0.067
201412 -0.007 98.367 -0.009
201503 0.014 99.789 0.018
201506 -0.044 100.500 -0.055
201509 -0.109 100.421 -0.137
201512 -0.061 99.947 -0.077
201603 -0.029 101.054 -0.036
201606 -0.028 102.002 -0.035
201609 0.016 101.765 0.020
201612 0.062 101.449 0.077
201703 -0.063 102.634 -0.078
201706 -0.038 103.029 -0.047
201709 -0.078 103.345 -0.095
201712 -0.034 103.345 -0.042
201803 0.002 105.004 0.002
201806 0.003 105.557 0.004
201809 0.039 105.636 0.047
201812 -0.044 105.399 -0.053
201903 0.004 106.979 0.005
201906 0.040 107.690 0.047
201909 -0.073 107.611 -0.086
201912 0.071 107.769 0.083
202003 -0.018 107.927 -0.021
202006 0.007 108.401 0.008
202009 -0.024 108.164 -0.028
202012 0.003 108.559 0.003
202103 -0.019 110.298 -0.022
202106 0.000 111.720 0.000
202109 -0.040 112.905 -0.045
202112 0.035 113.774 0.039
202203 0.031 117.646 0.033
202206 0.018 120.806 0.019
202209 -0.013 120.648 -0.014
202212 0.009 120.964 0.009
202303 -0.034 122.702 -0.035
202306 -0.010 124.203 -0.010
202309 -0.019 125.230 -0.019
202312 -0.002 125.072 -0.002
202403 0.015 126.258 0.015

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.


Avino Silver & Gold Mines  (TSX:ASM) 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.


Avino Silver & Gold Mines Cyclically Adjusted Price-to-FCF Related Terms

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


Avino Silver & Gold Mines (TSX:ASM) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
Executives
Trevitt Jennifer Senior Officer