GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hastings Technology Metals Ltd (HAM:5AM) » Definitions » Cyclically Adjusted Price-to-FCF

Hastings Technology Metals (HAM:5AM) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Hastings Technology Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hastings Technology Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hastings Technology Metals'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.

* Premium members only.

Hastings Technology Metals Cyclically Adjusted Price-to-FCF Chart

Hastings Technology Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hastings Technology Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Hastings Technology Metals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Hastings Technology Metals'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.


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

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

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



Hastings Technology Metals 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.

Hastings Technology Metals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Hastings Technology Metals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.662/124.1700*124.1700
=-0.662

Current CPI (Jun23) = 124.1700.

Hastings Technology Metals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.170 98.352 -0.215
201506 -0.168 99.838 -0.209
201606 -0.191 100.859 -0.235
201706 -0.274 102.809 -0.331
201806 -0.308 104.945 -0.364
201906 -0.557 106.617 -0.649
202006 -0.279 106.246 -0.326
202106 -0.135 110.332 -0.152
202206 -0.295 117.112 -0.313
202306 -0.662 124.170 -0.662

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.


Hastings Technology Metals  (HAM:5AM) 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.


Hastings Technology Metals Cyclically Adjusted Price-to-FCF Related Terms

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


Hastings Technology Metals (HAM:5AM) Business Description

Traded in Other Exchanges
Address
197 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia covering an area of approximately 650 square kilometres; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.

Hastings Technology Metals (HAM:5AM) Headlines

No Headlines