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Terreno Resources (TSXV:TNO.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Terreno Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Terreno 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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Terreno Resources Cyclically Adjusted Price-to-FCF Chart

Terreno Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Terreno Resources 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 Terreno Resources's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Terreno 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.


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

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

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



Terreno 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.

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

For example, Terreno Resources'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.

Terreno Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.010 98.604 -0.013
201406 -0.008 99.473 -0.010
201409 -0.001 99.394 -0.001
201412 -0.004 98.367 -0.005
201503 -0.002 99.789 -0.003
201506 -0.009 100.500 -0.011
201509 -0.002 100.421 -0.002
201512 -0.028 99.947 -0.035
201603 0.001 101.054 0.001
201606 0.003 102.002 0.004
201609 -0.002 101.765 -0.002
201612 -0.001 101.449 -0.001
201703 -0.012 102.634 -0.015
201706 -0.002 103.029 -0.002
201709 0.000 103.345 0.000
201712 -0.001 103.345 -0.001
201803 -0.003 105.004 -0.004
201806 -0.006 105.557 -0.007
201809 -0.004 105.636 -0.005
201812 -0.003 105.399 -0.004
201903 -0.002 106.979 -0.002
201906 -0.005 107.690 -0.006
201909 -0.002 107.611 -0.002
201912 -0.001 107.769 -0.001
202003 0.002 107.927 0.002
202006 0.000 108.401 0.000
202009 -0.006 108.164 -0.007
202012 -0.001 108.559 -0.001
202103 -0.001 110.298 -0.001
202106 -0.001 111.720 -0.001
202109 -0.004 112.905 -0.004
202112 -0.001 113.774 -0.001
202203 0.001 117.646 0.001
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 -0.002 125.230 -0.002
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.


Terreno Resources  (TSXV:TNO.H) 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.


Terreno Resources Cyclically Adjusted Price-to-FCF Related Terms

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Terreno Resources (TSXV:TNO.H) Business Description

Traded in Other Exchanges
N/A
Address
44 Victoria Street, Suite 1102, Toronto, ON, CAN, V5C 1Y2
Terreno Resources Corp is engaged in the acquisition, exploration, and development of mineral properties. Geographically, the firm's segments are divided into two areas which are Canada and Mexico of which the Canadian operations are managed from the company's head office in Toronto. The company has an interest in the Las Cucharas Gold & Silver Project in Mexico.

Terreno Resources (TSXV:TNO.H) Headlines

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