DevEx Resources (ASX:DEV) Cyclically Adjusted Price-to-FCF: (As of Aug. 24, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:DEV DevEx Resources Ltd ASX:DEV
15 GF Score
Price A$0.23
! 1 Warning Sign
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What is DevEx Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


DevEx Resources  (ASX:DEV) 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.


DevEx Resources Cyclically Adjusted Price-to-FCF Related Terms


DevEx Resources Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for DevEx Resources'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.

DevEx Resources Cyclically Adjusted Price-to-FCF Chart

DevEx Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Price-to-FCF
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DevEx 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 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 0.00 0.00 0.00 0.00 0.00

DevEx Resources Cyclically Adjusted Price-to-FCF Competitor Comparison

For the Other Industrial Metals & Mining subindustry, DevEx 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.


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

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

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


ASX:DEV
15GF Score
DevEx Resources Ltd ASX:DEV
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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DevEx Resources 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.

DevEx Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun25 is calculated as:

For example, DevEx Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=-0.021/131.5506*131.5506
=-0.021

Current CPI (Jun25) = 131.5506.

DevEx Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.024 0.000
201706 -0.011 0.000
201806 -0.025 0.000
201906 -0.017 0.000
202006 -0.021 0.000
202106 -0.023 0.000
202206 -0.030 0.000
202306 -0.034 0.000
202406 -0.036 0.000
202506 -0.021 131.551 -0.021

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.


DevEx Resources Business Description

Other Exchanges BUU:Germany
Address 1292 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005
DevEx Resources Ltd is engaged in the exploration and evaluation of mineral properties in Australia. It explores uranium, copper, gold and other base metals. The company's property portfolio consists of exploration licenses covering various deposit styles in Northern Territory and Western Australia. It owns interest in the Nabarlek Uranium Project, Dundas Project, and the Junee Copper-Gold Project among others.
15GF Score

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

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