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Avidian Gold (TSXV:AVG) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Avidian Gold Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avidian Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avidian Gold'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.

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Avidian Gold Cyclically Adjusted Price-to-FCF Chart

Avidian Gold Annual Data
Trend Mar15 Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Avidian Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Avidian Gold's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Avidian Gold'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.


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

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

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



Avidian Gold 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.

Avidian Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Avidian Gold's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0/125.0724*125.0724
=0.000

Current CPI (Dec. 2023) = 125.0724.

Avidian Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 98.604 0.000
201406 -0.007 99.473 -0.009
201409 -0.009 99.394 -0.011
201412 -0.016 98.367 -0.020
201503 0.009 99.789 0.011
201506 -0.004 100.500 -0.005
201509 -0.001 100.421 -0.001
201512 -0.017 99.947 -0.021
201603 0.002 101.054 0.002
201606 -0.005 102.002 -0.006
201609 -0.004 101.765 -0.005
201612 -0.018 101.449 -0.022
201703 -0.019 102.634 -0.023
201706 -0.017 103.029 -0.021
201709 -0.017 103.345 -0.021
201712 -0.043 103.345 -0.052
201803 -0.003 105.004 -0.004
201806 -0.012 105.557 -0.014
201809 -0.040 105.636 -0.047
201812 -0.006 105.399 -0.007
201903 -0.008 106.979 -0.009
201906 -0.004 107.690 -0.005
201909 -0.013 107.611 -0.015
201912 -0.009 107.769 -0.010
202003 -0.006 107.927 -0.007
202006 -0.002 108.401 -0.002
202009 -0.018 108.164 -0.021
202012 -0.011 108.559 -0.013
202103 -0.001 110.298 -0.001
202106 -0.004 111.720 -0.004
202109 -0.018 112.905 -0.020
202112 -0.007 113.774 -0.008
202203 -0.002 117.646 -0.002
202206 -0.003 120.806 -0.003
202209 -0.002 120.648 -0.002
202212 -0.001 120.964 -0.001
202303 -0.001 122.702 -0.001
202306 0.000 124.203 0.000
202309 -0.001 125.230 -0.001
202312 0.000 125.072 0.000

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.


Avidian Gold  (TSXV:AVG) 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.


Avidian Gold Cyclically Adjusted Price-to-FCF Related Terms

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Avidian Gold (TSXV:AVG) Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Avidian Gold Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of acquiring and exploring gold projects. The company holds right to explore several properties comprising of Golden Zone, Labrador West, Amanita and Jungo.
Executives
David Charles Anderson Director

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