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Waratah Minerals (ASX:WTM) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Waratah Minerals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Waratah Minerals Cyclically Adjusted Price-to-FCF Historical Data

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

Waratah Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Waratah Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Waratah Minerals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Waratah Minerals'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.


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

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

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



Waratah Minerals 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.

Waratah Minerals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Waratah Minerals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.029/126.3989*126.3989
=-0.029

Current CPI (Dec23) = 126.3989.

Waratah Minerals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.248 99.002 -1.593
201512 -1.070 100.673 -1.343
201612 -0.597 102.159 -0.739
201712 -0.571 104.110 -0.693
201812 -0.917 105.967 -1.094
201912 -0.198 107.917 -0.232
202012 -0.083 108.846 -0.096
202112 -0.084 112.654 -0.094
202212 -0.058 121.477 -0.060
202312 -0.029 126.399 -0.029

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.


Waratah Minerals  (ASX:WTM) 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.


Waratah Minerals Cyclically Adjusted Price-to-FCF Related Terms

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Waratah Minerals (ASX:WTM) Business Description

Traded in Other Exchanges
Address
72 Kings Park Road, Ground Floor, West Perth, WA, AUS, 6005
Battery Minerals Ltd engages in the exploration of mineral properties. The company has two reportable segments which are Mozambique which comprises mineral exploration and evaluation and mine development activities, and Australia which comprises mineral exploration and evaluation, investing activities, and corporate management. The company has various projects including the Stavely-Stawell project, the Azura project in Australia, the Montepuez Graphite project, and the Balama Central project in Mozambique.