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China Gold International Resources (TSX:CGG) Cyclically Adjusted Price-to-FCF : 891.00 (As of Jun. 06, 2024)


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What is China Gold International Resources Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), China Gold International Resources's current share price is C$8.91. China Gold International Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.01. China Gold International Resources's Cyclically Adjusted Price-to-FCF for today is 891.00.

The historical rank and industry rank for China Gold International Resources's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:CGG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 794   Med: 873   Max: 921
Current: 871.08

During the past years, China Gold International Resources's highest Cyclically Adjusted Price-to-FCF was 921.00. The lowest was 794.00. And the median was 873.00.

TSX:CGG's Cyclically Adjusted Price-to-FCF is ranked worse than
97.99% of 249 companies
in the Metals & Mining industry
Industry Median: 20.97 vs TSX:CGG: 871.08

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

China Gold International Resources's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-0.097. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Gold International Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Gold International Resources'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.

China Gold International Resources Cyclically Adjusted Price-to-FCF Chart

China Gold International Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Gold International Resources 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 - - - - 817.17

Competitive Comparison of China Gold International Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, China Gold International Resources'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.


China Gold International Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where China Gold International Resources's Cyclically Adjusted Price-to-FCF falls into.



China Gold International Resources 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.

China Gold International Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.91/0.01
=891.00

* 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.

China Gold International Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Gold International Resources'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)
=-0.097/126.2576*126.2576
=-0.097

Current CPI (Mar. 2024) = 126.2576.

China Gold International Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.180 99.473 -0.228
201409 -0.221 99.394 -0.281
201412 -0.098 98.367 -0.126
201503 -0.278 99.789 -0.352
201506 -0.214 100.500 -0.269
201509 -0.086 100.421 -0.108
201512 -0.097 99.947 -0.123
201603 -0.106 101.054 -0.132
201606 -0.108 102.002 -0.134
201609 -0.064 101.765 -0.079
201612 -0.137 101.449 -0.171
201703 -0.146 102.634 -0.180
201706 -0.130 103.029 -0.159
201709 -0.051 103.345 -0.062
201712 -0.179 103.345 -0.219
201803 0.013 105.004 0.016
201806 0.090 105.557 0.108
201809 0.010 105.636 0.012
201812 -0.042 105.399 -0.050
201903 -0.117 106.979 -0.138
201906 0.134 107.690 0.157
201909 0.091 107.611 0.107
201912 -0.015 107.769 -0.018
202003 -0.067 107.927 -0.078
202006 0.095 108.401 0.111
202009 0.299 108.164 0.349
202012 0.091 108.559 0.106
202103 0.359 110.298 0.411
202106 0.195 111.720 0.220
202109 0.268 112.905 0.300
202112 0.009 113.774 0.010
202203 0.465 117.646 0.499
202206 0.283 120.806 0.296
202209 0.262 120.648 0.274
202212 0.310 120.964 0.324
202303 0.407 122.702 0.419
202306 -0.314 124.203 -0.319
202309 -0.145 125.230 -0.146
202312 -0.141 125.072 -0.142
202403 -0.097 126.258 -0.097

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.


China Gold International Resources  (TSX:CGG) 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.


China Gold International Resources Cyclically Adjusted Price-to-FCF Related Terms

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


China Gold International Resources (TSX:CGG) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4
China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.
Executives
China National Gold Group Hong Kong Limited 10% Security Holder

China Gold International Resources (TSX:CGG) Headlines

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