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Ioneer (ASX:INR) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Ioneer Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ioneer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ioneer'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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Ioneer Cyclically Adjusted Price-to-FCF Chart

Ioneer Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Ioneer 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 Ioneer's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Ioneer'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.


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

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

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



Ioneer 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.

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

For example, Ioneer'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)
=0.008/126.3989*126.3989
=0.008

Current CPI (Dec. 2023) = 126.3989.

Ioneer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.001 97.887 -0.001
201406 -0.005 98.352 -0.006
201409 -0.001 98.816 -0.001
201412 -0.001 99.002 -0.001
201503 0.000 99.187 0.000
201506 -0.001 99.838 -0.001
201509 -0.001 100.302 -0.001
201512 0.000 100.673 0.000
201603 0.000 100.488 0.000
201606 0.000 100.859 0.000
201609 -0.002 101.602 -0.002
201612 -0.001 102.159 -0.001
201703 -0.001 102.624 -0.001
201706 -0.001 102.809 -0.001
201709 -0.002 103.460 -0.002
201712 -0.001 104.110 -0.001
201803 -0.001 104.574 -0.001
201806 -0.004 104.945 -0.005
201809 -0.004 105.410 -0.005
201812 -0.011 105.967 -0.013
201903 -0.007 105.967 -0.008
201906 -0.008 106.617 -0.009
201909 -0.010 107.174 -0.012
201912 -0.009 107.917 -0.011
202003 -0.001 108.289 -0.001
202006 -0.001 106.246 -0.001
202009 -0.002 107.917 -0.002
202012 -0.001 108.846 -0.001
202103 -0.001 109.496 -0.001
202106 -0.001 110.332 -0.001
202109 -0.002 111.168 -0.002
202112 -0.002 112.654 -0.002
202203 -0.001 115.069 -0.001
202206 -0.003 117.112 -0.003
202209 -0.011 119.248 -0.012
202212 0.005 121.477 0.005
202303 -0.006 123.148 -0.006
202306 0.017 124.170 0.017
202309 -0.012 125.656 -0.012
202312 0.008 126.399 0.008

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.


Ioneer  (ASX:INR) 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.


Ioneer Cyclically Adjusted Price-to-FCF Related Terms

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


Ioneer (ASX:INR) Business Description

Industry
Traded in Other Exchanges
Address
213 Miller Street, Level 16, Suite 16.01, North Sydney, Sydney, NSW, AUS, 2060
Ioneer Ltd is a mineral exploration company. The company's focus is on the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. Geographically, the group has a business presence in Australia and North America. The company's focus is to develop a U.S. based source of lithium and boron that can be extracted in an environmentally and socially responsible manner, providing two materials that are essential to achieve a sustainable future for the planet.

Ioneer (ASX:INR) Headlines