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Oceanic Iron Ore (TSXV:FEO) Cyclically Adjusted FCF per Share : C$0.00 (As of Mar. 2024)


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What is Oceanic Iron Ore Cyclically Adjusted FCF per Share?

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.

Oceanic Iron Ore's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.000. 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 C$0.00 for the trailing ten years ended in Mar. 2024.

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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Oceanic Iron Ore was 25.30% per year. The lowest was 9.90% per year. And the median was 11.60% per year.

As of today (2024-06-24), Oceanic Iron Ore's current stock price is C$0.10. Oceanic Iron Ore's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.00. Oceanic Iron Ore's Cyclically Adjusted Price-to-FCF of today is .


Oceanic Iron Ore Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Oceanic Iron Ore'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.

* Premium members only.

Oceanic Iron Ore Cyclically Adjusted FCF per Share Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 - -0.15 - -

Oceanic Iron Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.07 -0.06 -0.05 - -

Competitive Comparison of Oceanic Iron Ore's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Oceanic Iron Ore 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, Oceanic Iron Ore's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Oceanic Iron Ore Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.049 99.473 -0.062
201409 -0.035 99.394 -0.044
201412 -0.039 98.367 -0.050
201503 0.000 99.789 0.000
201506 -0.010 100.500 -0.013
201509 -0.006 100.421 -0.008
201512 -0.009 99.947 -0.011
201603 -0.007 101.054 -0.009
201606 -0.004 102.002 -0.005
201609 -0.008 101.765 -0.010
201612 -0.006 101.449 -0.007
201703 -0.010 102.634 -0.012
201706 -0.002 103.029 -0.002
201709 -0.005 103.345 -0.006
201712 -0.002 103.345 -0.002
201803 -0.002 105.004 -0.002
201806 -0.002 105.557 -0.002
201809 -0.001 105.636 -0.001
201812 -0.006 105.399 -0.007
201903 0.000 106.979 0.000
201906 -0.004 107.690 -0.005
201909 -0.003 107.611 -0.004
201912 -0.002 107.769 -0.002
202003 -0.001 107.927 -0.001
202006 -0.001 108.401 -0.001
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 -0.008 110.298 -0.009
202106 0.000 111.720 0.000
202109 -0.001 112.905 -0.001
202112 -0.001 113.774 -0.001
202203 -0.001 117.646 -0.001
202206 0.000 120.806 0.000
202209 -0.006 120.648 -0.006
202212 0.000 120.964 0.000
202303 -0.001 122.702 -0.001
202306 -0.001 124.203 -0.001
202309 -0.001 125.230 -0.001
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000

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


Oceanic Iron Ore  (TSXV:FEO) 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.


Oceanic Iron Ore Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Oceanic Iron Ore's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director

Oceanic Iron Ore (TSXV:FEO) Headlines