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Havilah Resources (ASX:HAV) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Havilah Resources Cyclically Adjusted Price-to-FCF Historical Data

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

Havilah Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
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Havilah Resources Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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Competitive Comparison of Havilah Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Havilah 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.


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

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

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



Havilah 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.

Havilah Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Havilah Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.006/125.6559*125.6559
=0.006

Current CPI (Jul23) = 125.6559.

Havilah Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.038 98.816 -0.048
201507 -0.030 100.302 -0.038
201607 -0.028 101.602 -0.035
201707 -0.003 103.460 -0.004
201807 -0.029 105.410 -0.035
201907 -0.026 107.174 -0.030
202007 -0.019 107.917 -0.022
202107 -0.011 111.168 -0.012
202207 -0.017 119.248 -0.018
202307 0.006 125.656 0.006

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.


Havilah Resources  (ASX:HAV) 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.


Havilah Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Havilah Resources (ASX:HAV) Business Description

Traded in Other Exchanges
Address
107 Rundle Street, Kent Town, SA, AUS, 5067
Havilah Resources Ltd is a mineral exploration and development company. The company explores Gold, copper, cobalt, and other base metals. It is engaged in exploring its projects in South Australia. The company holds interests in the Kalkaroo copper-gold-molybdenum project, Mutooroo copper-cobalt-gold project, Maldorky iron ore project, Grants iron ore project, and Prospect Hill tin project.

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