GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bezant Resources PLC (LSE:BZT) » Definitions » Cyclically Adjusted Price-to-FCF

Bezant Resources (LSE:BZT) Cyclically Adjusted Price-to-FCF : (As of Oct. 31, 2024)


View and export this data going back to 1995. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Bezant Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bezant 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.

* Premium members only.

Bezant Resources Cyclically Adjusted Price-to-FCF Chart

Bezant Resources Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Bezant Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Bezant Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Bezant 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.


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

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

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



Bezant 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.

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

For example, Bezant Resources'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)
=-0/130.5000*130.5000
=0.000

Current CPI (Dec23) = 130.5000.

Bezant Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 99.800 -0.016
201506 -0.009 100.100 -0.012
201606 -0.007 101.000 -0.009
201712 -0.005 105.000 -0.006
201812 -0.001 107.100 -0.001
201912 0.000 108.500 0.000
202012 0.000 109.400 0.000
202112 0.000 114.700 0.000
202212 0.000 125.300 0.000
202312 0.000 130.500 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.


Bezant Resources  (LSE:BZT) 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.


Bezant Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Bezant Resources Business Description

Traded in Other Exchanges
Address
4 Thomas More Square, Floor 6, Quadrant House, London, GBR, E1W 1YW
Bezant Resources PLC is a United Kingdom-based exploration company that is engaged in the exploration, evaluation, beneficiation and development of mineral resources. The company's exploration projects include the Kalengwa copper-silver project in Zambia; Hope Copper-Gold Project; Kanye Manganese Project in Botswana; Mankayan Project in the Philippines and the Eureka Project in northern Argentina. The operations of the Group are focused in geographical segments, namely the UK, Argentina, Namibia, and Botswana, and comprise one class of business: the exploration, evaluation and development of mineral resources. The UK is used for the administration of the Group and includes equity investments in non-group companies .

Bezant Resources Headlines

No Headlines