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Mineros (TSX:MSA) Cyclically Adjusted Price-to-FCF : 9.25 (As of Jun. 10, 2024)


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What is Mineros Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Mineros's current share price is C$1.11. Mineros's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was C$0.12. Mineros's Cyclically Adjusted Price-to-FCF for today is 9.25.

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

TSX:MSA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.67   Med: 9.17   Max: 13.18
Current: 9.81

During the past 13 years, Mineros's highest Cyclically Adjusted Price-to-FCF was 13.18. The lowest was 5.67. And the median was 9.17.

TSX:MSA's Cyclically Adjusted Price-to-FCF is ranked better than
76.71% of 249 companies
in the Metals & Mining industry
Industry Median: 20.26 vs TSX:MSA: 9.81

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.

Mineros's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was C$0.173. 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$0.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mineros Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mineros'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.

Mineros Cyclically Adjusted Price-to-FCF Chart

Mineros 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 11.52 12.26 12.64 6.83 5.48

Mineros Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 - - - 5.48 -

Competitive Comparison of Mineros's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Mineros'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.


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

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

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



Mineros 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.

Mineros's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.11/0.12
=9.25

* 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.

Mineros's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mineros's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.173/129.4194*129.4194
=0.173

Current CPI (Dec23) = 129.4194.

Mineros Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.014 99.070 0.018
201512 0.020 99.792 0.026
201612 0.198 101.863 0.252
201712 0.163 104.011 0.203
201812 0.117 105.998 0.143
201912 0.028 108.420 0.033
202012 0.344 109.897 0.405
202112 -0.042 117.630 -0.046
202212 0.073 125.222 0.075
202312 0.173 129.419 0.173

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.


Mineros  (TSX:MSA) 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.


Mineros Cyclically Adjusted Price-to-FCF Related Terms

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


Mineros (TSX:MSA) Business Description

Industry
Traded in Other Exchanges
Address
Cra 43 A No 14-109, Ed. NovaTempo, Piso 6, Medellin, COL
Mineros SA is a Latin American gold mining company. The company has a diversified asset base, with mines in Colombia, Nicaragua and Argentina and a pipeline of development and exploration projects throughout the region. In Colombia, Nechi Aluvial is a mining property located in the Lower Cauca Region of Antioquia, in northwestern Colombia. In Nicaragua, it owns Hemco, a mining operation located in Bonanza, a municipality in the Caribbean Coast, in the northeastern part of the country, where it has an underground mine and an artisanal mining program. The property in Argentina, Gualcamayo has an open pit and an underground operation. In Chile, it has the La Pepa Greenfield project with Yamana, in the region of Copiapo, in the northern part of the country.
Executives
Negocios Y Representaciones S.a.s 10% Security Holder