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Imdex (ASX:IMD) Cyclically Adjusted Price-to-FCF : 110.00 (As of May. 20, 2024)


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What is Imdex Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Imdex's current share price is A$2.20. Imdex's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.02. Imdex's Cyclically Adjusted Price-to-FCF for today is 110.00.

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

ASX:IMD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6   Med: 52.25   Max: 149
Current: 98.63

During the past 13 years, Imdex's highest Cyclically Adjusted Price-to-FCF was 149.00. The lowest was 6.00. And the median was 52.25.

ASX:IMD's Cyclically Adjusted Price-to-FCF is ranked worse than
87.88% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.56 vs ASX:IMD: 98.63

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.

Imdex's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.119. 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 A$0.02 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imdex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Imdex'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.

Imdex Cyclically Adjusted Price-to-FCF Chart

Imdex 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 81.40 42.23 98.45 105.26 86.30

Imdex 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 - 105.26 - 86.30 -

Competitive Comparison of Imdex's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Imdex'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.


Imdex's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Imdex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Imdex 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.

Imdex's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.20/0.02
=110.00

* 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.

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

For example, Imdex'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)
=0.119/124.1700*124.1700
=0.119

Current CPI (Jun23) = 124.1700.

Imdex Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.065 98.352 -0.082
201506 -0.039 99.838 -0.049
201606 -0.048 100.859 -0.059
201706 0.018 102.809 0.022
201806 -0.001 104.945 -0.001
201906 0.051 106.617 0.059
202006 0.072 106.246 0.084
202106 0.072 110.332 0.081
202206 0.042 117.112 0.045
202306 0.119 124.170 0.119

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.


Imdex  (ASX:IMD) 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.


Imdex Cyclically Adjusted Price-to-FCF Related Terms

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


Imdex (ASX:IMD) Business Description

Traded in Other Exchanges
Address
216 Balcatta Road, Balcatta, Perth, WA, AUS, 6021
Imdex Ltd is an Australia-based company engaged in providing mining, equipment, technology, and services. It operates in the Minerals sector which involves the principal activities of providing drilling fluid products, advanced downhole instrumentation, data solutions and geo-analytics services to exploration, development and production companies in the minerals sector. The group operates in the Americas; Asia Pacific and Africa/Europe. It derives a majority of revenue from the Americas.

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