Almonty Industries (ASX:AII) Cyclically Adjusted FCF per Share: A$-0.19 (As of Mar. 2026)


ASX:AII Almonty Industries Inc ASX:AII
58 GF Score
Price A$22.80
GF Value A$1.61
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Almonty Industries Cyclically Adjusted FCF per Share?

Almonty Industries ASX:AII -1.94% 58 Cyclically Adjusted FCF per Share is A$-0.19 as of Mar. 2026. GuruFocus rates ASX:AII with a GF Score™ of 58/100 and a GF Value™ of A$1.61 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Almonty Industries's adjusted free cash flow per share for the three months ended in Mar. 2026 was A$-0.045. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is A$-0.19 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-04), Almonty Industries's current stock price is A$22.80. Almonty Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was A$-0.19. Almonty Industries's Cyclically Adjusted Price-to-FCF of today is .


Almonty Industries  (ASX:AII) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Almonty Industries Cyclically Adjusted FCF per Share Related Terms


Almonty Industries Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Almonty Industries's Cyclically Adjusted FCF per Share 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.

Almonty Industries Cyclically Adjusted FCF per Share Chart

Almonty Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.20 -0.17 -0.20 -0.20

Almonty Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 -0.18 -0.19 -0.19 -0.20 -0.19

Almonty Industries Cyclically Adjusted FCF per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.


Almonty Industries Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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


ASX:AII
58GF Score
Almonty Industries Inc ASX:AII
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almonty Industries Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Almonty Industries's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.045/132.2600*132.2600
=-0.045

Current CPI (Mar. 2026) = 132.2600.

Almonty Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -0.056 101.054 -0.073
201606 -0.104 102.002 -0.135
201609 -0.061 101.765 -0.079
201612 -0.075 101.449 -0.098
201703 -0.046 102.634 -0.059
201706 -0.001 103.029 -0.001
201709 -0.048 103.345 -0.061
201712 -0.030 103.345 -0.038
201803 0.006 105.004 0.008
201806 0.031 105.557 0.039
201809 0.031 105.636 0.039
201812 0.000 105.399 0.000
201903 0.020 106.979 0.025
201906 0.003 107.690 0.004
201909 -0.077 107.611 -0.095
202003 -0.022 107.927 -0.027
202006 -0.020 108.401 -0.024
202009 -0.040 108.164 -0.049
202012 -0.016 108.559 -0.019
202103 -0.037 110.298 -0.044
202106 -0.028 111.720 -0.033
202109 -0.033 112.905 -0.039
202112 -0.040 113.774 -0.046
202203 -0.025 117.646 -0.028
202206 -0.021 120.806 -0.023
202209 -0.122 120.648 -0.134
202212 -0.039 120.964 -0.043
202303 -0.025 122.702 -0.027
202306 -0.052 124.203 -0.055
202309 -0.060 125.230 -0.063
202312 -0.079 125.072 -0.084
202403 -0.059 126.258 -0.062
202406 -0.085 127.522 -0.088
202409 -0.067 127.285 -0.070
202412 -0.074 127.364 -0.077
202503 -0.049 129.181 -0.050
202506 -0.119 129.892 -0.121
202509 -0.105 130.290 -0.107
202512 -0.103 130.370 -0.104
202603 -0.045 132.260 -0.045

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of A$-0.19 mean?
Almonty Industries (ASX:AII) has a Cyclically Adjusted FCF per Share of A$-0.19 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Almonty Industries and its competitors.
Is Almonty Industries' Cyclically Adjusted FCF per Share too high?
Almonty Industries' current Cyclically Adjusted FCF per Share is A$-0.19. Overall, Almonty Industries has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almonty Industries' Cyclically Adjusted FCF per Share compare to competitors?
Almonty Industries' Cyclically Adjusted FCF per Share of A$-0.19 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Almonty Industries and its competitors. Almonty Industries's current Cyclically Adjusted FCF per Share is A$-0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almonty Industries stock overvalued right now?
Based on GuruFocus' analysis, Almonty Industries (ASX:AII) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.61, compared to a current price of A$22.80 — trading 1316.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is A$-0.19. Almonty Industries' overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Almonty Industries (ASX:AII), the current Cyclically Adjusted FCF per Share is A$-0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Almonty Industries (ASX:AII) Overvalued in 2026?

Based on GuruFocus' analysis, Almonty Industries stock appears to be overvalued. The current stock price of A$22.80 is trading 1316.1% above its estimated GF Value™ of A$1.61. GuruFocus considers Almonty Industries to be Significantly Overvalued.

Key valuation signals for ASX:AII:

  • Cyclically Adjusted FCF per Share: A$-0.19
  • GF Value™: A$1.61 vs. price of A$22.80 (1316.1% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the ASX:AII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almonty Industries Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Almonty Industries Inc is engaged in the development of the Sangdong Mine in South Korea, and the Company is currently mining, processing, and shipping tungsten concentrate from the Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (Panasqueira Mine). Additionally, the Company is evaluating its molybdenum project with inferred mineral resources on a separate property adjacent to the tungsten orebody at the Sangdong Mine, its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (Valtreixal Mine), and the newly-acquired Gentung Browns Lake tungsten project located in Montana, USA (Gentung-Browns Lake Project). The company has two geographical locations: the Iberian Peninsula (Spain and Portugal) and the Republic of Korea.
58GF Score

Get the complete analysis for ASX:AII

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$22.80
Price
A$1.61
GF Value