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Hammer Metals (ASX:HMX) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Hammer Metals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hammer Metals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hammer Metals'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.

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Hammer Metals Cyclically Adjusted Price-to-FCF Chart

Hammer Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Hammer Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Hammer Metals's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Hammer Metals'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.


Hammer Metals's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Hammer Metals 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.

Hammer Metals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Hammer Metals'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)
=-0.006/124.1700*124.1700
=-0.006

Current CPI (Jun23) = 124.1700.

Hammer Metals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.043 98.352 -0.054
201506 -0.038 99.838 -0.047
201606 -0.015 100.859 -0.018
201706 -0.018 102.809 -0.022
201806 -0.011 104.945 -0.013
201906 -0.008 106.617 -0.009
202006 -0.006 106.246 -0.007
202106 -0.006 110.332 -0.007
202206 -0.007 117.112 -0.007
202306 -0.006 124.170 -0.006

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.


Hammer Metals  (ASX:HMX) 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.


Hammer Metals Cyclically Adjusted Price-to-FCF Related Terms

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Hammer Metals (ASX:HMX) Business Description

Traded in Other Exchanges
Address
28-30 Mayfair Street, Unit 1 and 2, West Perth, Perth, WA, AUS, 6005
Hammer Metals Ltd is engaged in the exploration and extraction of mineral resources. Its projects include the Mount Isa project, which consists of Kalman, Elaine, Overlander, Jubilee, and Mount Philp Deposits; and the Bronzewing South Project.

Hammer Metals (ASX:HMX) Headlines

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