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African Rainbow Minerals (African Rainbow Minerals) Cyclically Adjusted Price-to-FCF : 17.85 (As of Apr. 30, 2024)


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What is African Rainbow Minerals Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), African Rainbow Minerals's current share price is $10.355. African Rainbow Minerals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $0.58. African Rainbow Minerals's Cyclically Adjusted Price-to-FCF for today is 17.85.

The historical rank and industry rank for African Rainbow Minerals's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AFBOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.11   Med: 31.46   Max: 137.65
Current: 18.66

During the past 13 years, African Rainbow Minerals's highest Cyclically Adjusted Price-to-FCF was 137.65. The lowest was 14.11. And the median was 31.46.

AFBOF's Cyclically Adjusted Price-to-FCF is ranked better than
54.22% of 249 companies
in the Metals & Mining industry
Industry Median: 21.25 vs AFBOF: 18.66

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.

African Rainbow Minerals's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $0.485. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.58 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


African Rainbow Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for African Rainbow Minerals'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.

* Premium members only.

African Rainbow Minerals Cyclically Adjusted Price-to-FCF Chart

African Rainbow Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.86 26.83 34.26 22.62 18.48

African Rainbow Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 22.62 - 18.48 -

Competitive Comparison of African Rainbow Minerals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.


African Rainbow Minerals's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



African Rainbow Minerals 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.

African Rainbow Minerals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.355/0.58
=17.85

* 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.

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

For example, African Rainbow Minerals'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)
=0.485/148.8016*148.8016
=0.485

Current CPI (Jun23) = 148.8016.

African Rainbow Minerals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.406 95.813 0.631
201506 0.290 100.173 0.431
201606 -0.075 106.713 -0.105
201706 0.763 112.054 1.013
201806 0.555 116.959 0.706
201906 0.680 122.191 0.828
202006 0.895 124.807 1.067
202106 1.351 131.113 1.533
202206 0.836 140.835 0.883
202306 0.485 148.802 0.485

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.


African Rainbow Minerals  (OTCPK:AFBOF) 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.


African Rainbow Minerals Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of African Rainbow Minerals's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


African Rainbow Minerals (African Rainbow Minerals) Business Description

Traded in Other Exchanges
Address
29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.

African Rainbow Minerals (African Rainbow Minerals) Headlines