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Norandaome Fund (Norandaome Fund) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Norandaome Fund Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Norandaome Fund Cyclically Adjusted Price-to-FCF Historical Data

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

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Norandaome Fund's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.


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

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

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



Norandaome Fund 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.

Norandaome Fund's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Norandaome Fund's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.185/120.6479*120.6479
=0.185

Current CPI (Sep. 2022) = 120.6479.

Norandaome Fund Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 -0.569 95.760 -0.717
201303 -0.201 97.103 -0.250
201306 0.812 97.182 1.008
201309 0.350 97.419 0.433
201312 0.106 96.945 0.132
201403 -0.388 98.604 -0.475
201406 0.027 99.473 0.033
201409 -0.500 99.394 -0.607
201412 0.134 98.367 0.164
201503 -0.521 99.789 -0.630
201506 -0.083 100.500 -0.100
201509 -0.144 100.421 -0.173
201512 0.514 99.947 0.620
201603 1.005 101.054 1.200
201606 -0.362 102.002 -0.428
201609 -0.524 101.765 -0.621
201612 0.257 101.449 0.306
201703 -1.005 102.634 -1.181
201706 0.995 103.029 1.165
201709 -0.893 103.345 -1.043
201712 -0.299 103.345 -0.349
201803 -0.211 105.004 -0.242
201806 -0.152 105.557 -0.174
201809 0.444 105.636 0.507
201812 -0.622 105.399 -0.712
201903 0.052 106.979 0.059
201906 0.065 107.690 0.073
201909 0.313 107.611 0.351
201912 -0.487 107.769 -0.545
202003 0.026 107.927 0.029
202006 -0.431 108.401 -0.480
202009 -0.146 108.164 -0.163
202012 -0.042 108.559 -0.047
202103 -0.049 110.298 -0.054
202106 -0.320 111.720 -0.346
202109 0.331 112.905 0.354
202112 -0.168 113.774 -0.178
202203 -0.095 117.646 -0.097
202206 -0.120 120.806 -0.120
202209 0.185 120.648 0.185

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.


Norandaome Fund  (OTCPK:NNDIF) 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.


Norandaome Fund Cyclically Adjusted Price-to-FCF Related Terms

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Norandaome Fund (Norandaome Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Norandaome Fund (Norandaome Fund) Headlines