Pan African Resources (ASX:PAF) Cyclically Adjusted FCF per Share: A$0.00 (As of Dec. 2025)


ASX:PAF Pan African Resources PLC ASX:PAF
76 GF Score
Price A$1.96
GF Value A$1.64
! 3 Warning Signs
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What is Pan African Resources Cyclically Adjusted FCF per Share?

Pan African Resources ASX:PAF 76 Cyclically Adjusted FCF per Share is A$0.00 as of Dec. 2025. GuruFocus rates ASX:PAF with a GF Score™ of 76/100 and a GF Value™ of A$1.64. The stock has 3 warning signs investors should review.

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Pan African Resources's adjusted free cash flow per share data for the fiscal year that ended in Jun. 2025 was A$-0.003. 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$0.00 for the trailing ten years ended in Jun. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.50% 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 (2026-06-28), Pan African Resources's current stock price is A$ 1.96. Pan African Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun. 2025 was A$0.00. Pan African Resources's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pan African Resources was 23.75. The lowest was 14.00. And the median was 16.88.


Pan African Resources  (ASX:PAF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pan African Resources was 23.75. The lowest was 14.00. And the median was 16.88.


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.


Pan African Resources Cyclically Adjusted FCF per Share Related Terms


Pan African Resources Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Pan African Resources'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.

Pan African Resources Cyclically Adjusted FCF per Share Chart

Pan African Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
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Pan African Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

ASX:PAF vs : Cyclically Adjusted FCF per Share Comparison

For the Gold subindustry, Pan African 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.


Pan African Resources Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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


ASX:PAF
76GF Score
Pan African Resources PLC ASX:PAF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan African Resources 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, Pan African Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=-0.003/322.5610*322.5610
=-0.003

Current CPI (Jun. 2025) = 322.5610.

Pan African Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.014 241.018 0.019
201706 -0.114 244.955 -0.150
201806 -0.102 251.989 -0.131
201906 -0.013 256.143 -0.016
202006 0.014 257.797 0.018
202106 0.021 271.696 0.025
202206 0.020 296.311 0.022
202306 -0.010 305.109 -0.011
202406 -0.059 314.175 -0.061
202506 -0.003 322.561 -0.003

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$0.00 mean?
Pan African Resources (ASX:PAF) has a Cyclically Adjusted FCF per Share of A$0.00 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Pan African Resources and its competitors.
Is Pan African Resources' Cyclically Adjusted FCF per Share too high?
Pan African Resources' current Cyclically Adjusted FCF per Share is A$0.00. Overall, Pan African Resources has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Pan African Resources' Cyclically Adjusted FCF per Share compare to ?
Pan African Resources' Cyclically Adjusted FCF per Share of A$0.00 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 Pan African Resources and its competitors. Pan African Resources's current Cyclically Adjusted FCF per Share is A$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan African Resources stock overvalued right now?
Pan African Resources (ASX:PAF) has a current Cyclically Adjusted FCF per Share of A$0.00. The stock's GF Value™ is A$1.64, compared to a current price of A$1.96 — trading 19.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is A$0.00. Pan African Resources' overall GF Score™ is 76/100 with 3 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 Pan African Resources (ASX:PAF), the current Cyclically Adjusted FCF per Share is A$0.00 as of Dec. 2025. 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 Pan African Resources (ASX:PAF) Overvalued in 2026?

Based on GuruFocus' analysis, Pan African Resources stock appears to be overvalued. The current stock price of A$1.96 is trading 19.5% above its estimated GF Value™ of A$1.64.

Key valuation signals for ASX:PAF:

  • Cyclically Adjusted FCF per Share: A$0.00
  • GF Value™: A$1.64 vs. price of A$1.96 (19.5% above fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Pan African Resources Business Description

Comparable Companies
Address Corner Cradock and Biermann Avenues, 2nd Floor, Office 204, The Firs Building, Rosebank, Johannesburg, GT, ZAF, 2196
Pan African Resources PLC is engaged in gold mining and exploration activities. The group owns and operates a portfolio of projects located in South Africa, Australia, and an exploration project in Sudan. Its project portfolio comprises Fairview Mine, Sheba and Consort Mines, BTRP, Elikhulu, MTR, Evander Mines, and Tennant Mines. The group's reporting segments are: Mining operations and Other operations. Maximum revenue is generated from the Mining operations segment, which generates revenue from mining, extraction, production, and the sale of gold. The Other operations segment represents its exploration assets in Sudan, Agricultural ESG projects, and other activities. Geographically, the group generates maximum revenue from South Africa, followed by Australia, and UK and Europe.
76GF Score

Get the complete analysis for ASX:PAF

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

A$1.96
Price
A$1.64
GF Value