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Sprott (TSX:SII) Cyclically Adjusted Price-to-FCF : 45.30 (As of May. 26, 2024)


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What is Sprott Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Sprott's current share price is C$62.51. Sprott's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.38. Sprott's Cyclically Adjusted Price-to-FCF for today is 45.30.

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

TSX:SII' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.55   Med: 19.92   Max: 62.01
Current: 45.33

During the past years, Sprott's highest Cyclically Adjusted Price-to-FCF was 62.01. The lowest was 6.55. And the median was 19.92.

TSX:SII's Cyclically Adjusted Price-to-FCF is ranked worse than
73.2% of 500 companies
in the Asset Management industry
Industry Median: 20.105 vs TSX:SII: 45.33

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.

Sprott's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.569. 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$1.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprott Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sprott'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.

Sprott Cyclically Adjusted Price-to-FCF Chart

Sprott 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 12.36 17.82 55.75 34.10 29.90

Sprott 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 34.25 30.72 28.60 29.90 36.24

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

For the Asset Management subindustry, Sprott'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.


Sprott's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sprott 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=62.51/1.38
=45.30

* 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.

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

For example, Sprott'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)
=0.569/126.2576*126.2576
=0.569

Current CPI (Mar. 2024) = 126.2576.

Sprott Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.288 99.473 -1.635
201409 -0.230 99.394 -0.292
201412 1.333 98.367 1.711
201503 0.178 99.789 0.225
201506 0.826 100.500 1.038
201509 0.012 100.421 0.015
201512 -0.082 99.947 -0.104
201603 -0.921 101.054 -1.151
201606 1.277 102.002 1.581
201609 0.416 101.765 0.516
201612 0.740 101.449 0.921
201703 0.299 102.634 0.368
201706 -0.336 103.029 -0.412
201709 2.709 103.345 3.310
201712 -0.644 103.345 -0.787
201803 -3.604 105.004 -4.333
201806 1.069 105.557 1.279
201809 0.520 105.636 0.622
201812 0.811 105.399 0.971
201903 -0.334 106.979 -0.394
201906 0.398 107.690 0.467
201909 1.236 107.611 1.450
201912 0.284 107.769 0.333
202003 -0.336 107.927 -0.393
202006 1.200 108.401 1.398
202009 0.569 108.164 0.664
202012 -0.099 108.559 -0.115
202103 0.907 110.298 1.038
202106 0.458 111.720 0.518
202109 0.865 112.905 0.967
202112 0.217 113.774 0.241
202203 0.319 117.646 0.342
202206 0.703 120.806 0.735
202209 -0.155 120.648 -0.162
202212 0.761 120.964 0.794
202303 0.573 122.702 0.590
202306 0.341 124.203 0.347
202309 -0.027 125.230 -0.027
202312 0.582 125.072 0.588
202403 0.569 126.258 0.569

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.


Sprott  (TSX:SII) 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.


Sprott Cyclically Adjusted Price-to-FCF Related Terms

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


Sprott (TSX:SII) Business Description

Industry
Traded in Other Exchanges
Address
200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.
Executives
Whitney George Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

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