GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avalon Advanced Materials Inc (TSX:AVL) » Definitions » Cyclically Adjusted Price-to-FCF

Avalon Advanced Materials (TSX:AVL) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Avalon Advanced Materials Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avalon Advanced Materials Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avalon Advanced Materials'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.

Avalon Advanced Materials Cyclically Adjusted Price-to-FCF Chart

Avalon Advanced Materials Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Avalon Advanced Materials Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Feb23 May23 Nov23
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 Avalon Advanced Materials's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.


Avalon Advanced Materials's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avalon Advanced Materials's Cyclically Adjusted Price-to-FCF falls into.



Avalon Advanced Materials 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.

Avalon Advanced Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Avalon Advanced Materials's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.002/125.4675*125.4675
=-0.002

Current CPI (Nov. 2023) = 125.4675.

Avalon Advanced Materials Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201308 -0.046 97.261 -0.059
201311 -0.049 97.182 -0.063
201402 -0.031 98.051 -0.040
201405 -0.033 99.394 -0.042
201408 -0.025 99.315 -0.032
201411 -0.023 99.078 -0.029
201502 -0.013 99.078 -0.016
201505 -0.009 100.263 -0.011
201508 -0.014 100.579 -0.017
201511 -0.015 100.421 -0.019
201602 -0.012 100.421 -0.015
201605 -0.007 101.765 -0.009
201608 -0.008 101.686 -0.010
201611 -0.007 101.607 -0.009
201702 -0.006 102.476 -0.007
201705 -0.007 103.108 -0.009
201708 -0.006 103.108 -0.007
201711 -0.005 103.740 -0.006
201802 -0.007 104.688 -0.008
201805 -0.005 105.399 -0.006
201808 -0.006 106.031 -0.007
201811 -0.002 105.478 -0.002
201902 -0.003 106.268 -0.004
201905 -0.002 107.927 -0.002
201908 -0.005 108.085 -0.006
201911 -0.003 107.769 -0.003
202002 -0.002 108.559 -0.002
202005 -0.002 107.532 -0.002
202008 -0.001 108.243 -0.001
202011 -0.001 108.796 -0.001
202102 -0.002 109.745 -0.002
202105 -0.003 111.404 -0.003
202108 -0.002 112.668 -0.002
202111 -0.002 113.932 -0.002
202202 -0.002 115.986 -0.002
202205 -0.002 120.016 -0.002
202211 -0.003 121.675 -0.003
202302 -0.004 122.070 -0.004
202305 -0.003 124.045 -0.003
202311 -0.002 125.468 -0.002

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.


Avalon Advanced Materials  (TSX:AVL) 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.


Avalon Advanced Materials Cyclically Adjusted Price-to-FCF Related Terms

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


Avalon Advanced Materials (TSX:AVL) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 1901, Toronto, ON, CAN, M5H 3P5
Avalon Advanced Materials Inc is a mineral exploration and development company. The projects of the company includes East Kemptville, Lilypad, Nechalacho, Separation Rapids, and Warren Township.
Executives
Xi Hong Hu Senior Officer

Avalon Advanced Materials (TSX:AVL) Headlines

No Headlines