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Goliath Resources (TSXV:GOT) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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What is Goliath Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goliath Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Goliath 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.

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Goliath Resources Cyclically Adjusted Price-to-FCF Chart

Goliath Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Goliath Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Goliath Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Goliath 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.


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

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

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



Goliath 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.

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

For example, Goliath 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)
=-0.015/126.2576*126.2576
=-0.015

Current CPI (Mar. 2024) = 126.2576.

Goliath Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.195 99.473 -0.248
201409 -0.085 99.394 -0.108
201412 -0.055 98.367 -0.071
201503 -1.375 99.789 -1.740
201506 -0.102 100.500 -0.128
201509 -0.072 100.421 -0.091
201512 -0.153 99.947 -0.193
201603 -0.326 101.054 -0.407
201606 -0.191 102.002 -0.236
201609 0.000 101.765 0.000
201612 -0.029 101.449 -0.036
201703 -0.019 102.634 -0.023
201706 0.022 103.029 0.027
201709 -0.175 103.345 -0.214
201712 -0.134 103.345 -0.164
201803 0.038 105.004 0.046
201806 -0.341 105.557 -0.408
201809 -0.277 105.636 -0.331
201812 -0.121 105.399 -0.145
201903 -0.043 106.979 -0.051
201906 -0.093 107.690 -0.109
201909 -0.083 107.611 -0.097
201912 -0.088 107.769 -0.103
202003 -0.006 107.927 -0.007
202006 -0.022 108.401 -0.026
202009 -0.010 108.164 -0.012
202012 -0.019 108.559 -0.022
202103 -0.010 110.298 -0.011
202106 -0.033 111.720 -0.037
202109 -0.073 112.905 -0.082
202112 -0.017 113.774 -0.019
202203 -0.012 117.646 -0.013
202206 -0.034 120.806 -0.036
202209 -0.121 120.648 -0.127
202212 -0.069 120.964 -0.072
202303 -0.017 122.702 -0.017
202306 -0.027 124.203 -0.027
202309 -0.144 125.230 -0.145
202312 -0.028 125.072 -0.028
202403 -0.015 126.258 -0.015

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.


Goliath Resources  (TSXV:GOT) 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.


Goliath Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Goliath Resources (TSXV:GOT) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Goliath Resources Ltd is a precious metals project generator focused in the prolific Abitibi Greenstone Belt, Quebec and Golden Triangle area of northwestern British Columbia. The company operates through various projects comprising Lucky Strike, Copperhead, Bingo, Golddigger, Nelligan Project and DSM Projects. It operates in a single reportable operating segment, being the acquisition, exploration and evaluation of exploration and evaluation assets in Canada.
Executives
Jean Lafleur Director

Goliath Resources (TSXV:GOT) Headlines

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