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


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Thesis Gold Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thesis 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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Thesis Gold Cyclically Adjusted Price-to-FCF Chart

Thesis Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
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Thesis Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Thesis Gold's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Thesis 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.


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

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

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



Thesis 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.037/125.4675*125.4675
=-0.037

Current CPI (Nov. 2023) = 125.4675.

Thesis Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.004 98.051 0.005
201405 -0.041 99.394 -0.052
201408 -0.099 99.315 -0.125
201411 -0.034 99.078 -0.043
201502 -0.036 99.078 -0.046
201505 -0.010 100.263 -0.013
201508 -0.009 100.579 -0.011
201511 -0.045 100.421 -0.056
201602 -0.009 100.421 -0.011
201605 -0.013 101.765 -0.016
201608 -0.048 101.686 -0.059
201611 -0.154 101.607 -0.190
201702 -0.096 102.476 -0.118
201705 -0.014 103.108 -0.017
201708 -0.075 103.108 -0.091
201711 -0.121 103.740 -0.146
201802 -0.036 104.688 -0.043
201805 -0.006 105.399 -0.007
201808 -0.066 106.031 -0.078
201811 -0.045 105.478 -0.054
201902 -0.057 106.268 -0.067
201905 -0.040 107.927 -0.047
201908 -0.105 108.085 -0.122
201911 -0.103 107.769 -0.120
202002 -0.016 108.559 -0.018
202005 -0.025 107.532 -0.029
202008 -0.100 108.243 -0.116
202011 -0.224 108.796 -0.258
202102 -0.125 109.745 -0.143
202105 -0.023 111.404 -0.026
202108 0.053 112.668 0.059
202111 -0.119 113.932 -0.131
202202 0.097 115.986 0.105
202205 -0.069 120.016 -0.072
202208 -0.249 120.569 -0.259
202211 0.153 121.675 0.158
202302 0.011 122.070 0.011
202305 -0.010 124.045 -0.010
202308 0.111 125.389 0.111
202311 -0.037 125.468 -0.037

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.


Thesis Gold  (TSXV:TAU) 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.


Thesis Gold Cyclically Adjusted Price-to-FCF Related Terms

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


Thesis Gold (TSXV:TAU) Business Description

Industry
Traded in Other Exchanges
Address
10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.

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