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Neometals (Neometals) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Neometals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Neometals Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Waste Management subindustry, Neometals'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.


Neometals's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Neometals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Neometals 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.

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

For example, Neometals'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)
=-0.317/124.1700*124.1700
=-0.317

Current CPI (Jun23) = 124.1700.

Neometals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.195 98.352 -0.246
201506 -0.084 99.838 -0.104
201606 -0.088 100.859 -0.108
201706 -0.110 102.809 -0.133
201806 -0.156 104.945 -0.185
201906 -0.257 106.617 -0.299
202006 -0.271 106.246 -0.317
202106 -0.213 110.332 -0.240
202206 -0.383 117.112 -0.406
202306 -0.317 124.170 -0.317

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.


Neometals  (OTCPK:NMTAY) 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.


Neometals Cyclically Adjusted Price-to-FCF Related Terms

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Neometals (Neometals) Business Description

Industry
Traded in Other Exchanges
Address
1292 Hay Street, Level 1, Perth, WA, AUS, 6005
Neometals Ltd has developed and is commercialising three environmentally-friendly processing technologies that produce critical and strategic battery materials. Across three business units, above-ground feedstocks are targeted for lithium-ion battery recycling, vanadium recovery and downstream lithium processing opportunities that support the energy transition. The technologies are being exploited as principal, in joint venture and licensed for royalties.

Neometals (Neometals) Headlines

From GuruFocus

Neometals Ltd Investor Presentation Transcript

By GuruFocus Research 02-14-2024