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Smooth Rock Ventures (TSXV:SMRV) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Smooth Rock Ventures Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Smooth Rock Ventures Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Smooth Rock Ventures'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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Smooth Rock Ventures Cyclically Adjusted Price-to-FCF Chart

Smooth Rock Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Smooth Rock Ventures 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 Smooth Rock Ventures's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Smooth Rock Ventures'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.


Smooth Rock Ventures's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Smooth Rock Ventures 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.

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

For example, Smooth Rock Ventures'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)
=-0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Smooth Rock Ventures Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.025 99.473 -0.032
201409 0.000 99.394 0.000
201412 0.012 98.367 0.015
201503 0.066 99.789 0.084
201506 -0.008 100.500 -0.010
201509 0.007 100.421 0.009
201512 0.019 99.947 0.024
201603 -0.042 101.054 -0.052
201606 -0.006 102.002 -0.007
201609 -0.003 101.765 -0.004
201612 0.001 101.449 0.001
201703 -0.007 102.634 -0.009
201706 -0.003 103.029 -0.004
201709 -0.003 103.345 -0.004
201712 -0.001 103.345 -0.001
201803 -0.010 105.004 -0.012
201806 -0.011 105.557 -0.013
201809 -0.001 105.636 -0.001
201812 0.001 105.399 0.001
201903 -0.001 106.979 -0.001
201906 -0.012 107.690 -0.014
201909 -0.012 107.611 -0.014
201912 0.005 107.769 0.006
202003 -0.002 107.927 -0.002
202006 -0.004 108.401 -0.005
202009 -0.022 108.164 -0.026
202012 -0.002 108.559 -0.002
202103 -0.007 110.298 -0.008
202106 -0.012 111.720 -0.014
202109 -0.004 112.905 -0.004
202112 -0.002 113.774 -0.002
202203 -0.002 117.646 -0.002
202206 -0.002 120.806 -0.002
202209 0.000 120.648 0.000
202212 -0.002 120.964 -0.002
202303 -0.001 122.702 -0.001
202306 -0.002 124.203 -0.002
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000
202403 0.000 126.258 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.


Smooth Rock Ventures  (TSXV:SMRV) 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.


Smooth Rock Ventures Cyclically Adjusted Price-to-FCF Related Terms

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Smooth Rock Ventures (TSXV:SMRV) Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4
Smooth Rock Ventures Corp is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral and metal properties in Canada and the United States. Its project portfolio includes Palmetto, Giroux project, Garfield Flat project and Loman Property.
Executives
Alan Richard Day Director

Smooth Rock Ventures (TSXV:SMRV) Headlines

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