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Australian Zircon NL (ASX:AZCCA) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Australian Zircon NL Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Zircon NL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Australian Zircon NL'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.

Australian Zircon NL Cyclically Adjusted Price-to-FCF Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted Price-to-FCF
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Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Australian Zircon NL's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.


Australian Zircon NL's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Zircon NL's Cyclically Adjusted Price-to-FCF falls into.



Australian Zircon NL 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.

Australian Zircon NL's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Australian Zircon NL's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=-0.001/99.8375*99.8375
=-0.001

Current CPI (Jun15) = 99.8375.

Australian Zircon NL Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200606 -0.029 79.777 -0.036
200706 -0.168 81.449 -0.206
200806 -0.166 85.071 -0.195
200906 -0.060 86.278 -0.069
201006 -0.005 88.971 -0.006
201106 -0.003 92.129 -0.003
201206 -0.003 93.244 -0.003
201306 -0.005 95.473 -0.005
201406 -0.003 98.352 -0.003
201506 -0.001 99.838 -0.001

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.


Australian Zircon NL  (ASX:AZCCA) 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.


Australian Zircon NL Cyclically Adjusted Price-to-FCF Related Terms

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Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

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