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MCB Resources (ASX:MCB) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is MCB Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MCB Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MCB 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.

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MCB Resources Cyclically Adjusted Price-to-FCF Chart

MCB Resources Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cyclically Adjusted Price-to-FCF
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MCB Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of MCB Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, MCB 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.


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

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

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



MCB 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.

MCB Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun20 is calculated as:

For example, MCB Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun20 (Change)*Current CPI (Jun20)
=-0.091/106.2456*106.2456
=-0.091

Current CPI (Jun20) = 106.2456.

MCB Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 -0.471 92.129 -0.543
201206 -0.314 93.244 -0.358
201306 -0.244 95.473 -0.272
201406 -0.199 98.352 -0.215
201506 -0.076 99.838 -0.081
201606 -0.040 100.859 -0.042
201706 -0.059 102.809 -0.061
201806 -0.184 104.945 -0.186
201906 -0.122 106.617 -0.122
202006 -0.091 106.246 -0.091

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.


MCB Resources  (ASX:MCB) 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.


MCB Resources Cyclically Adjusted Price-to-FCF Related Terms

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MCB Resources (ASX:MCB) Business Description

Traded in Other Exchanges
N/A
Address
2A/300 Fitzgerald Street, North Perth, Perth, WA, AUS, 6006
MCB Resources Ltd is a mineral exploration company. The company is engaged in the exploration of copper and gold resources on the island of Bougainville and Papua New Guinea. Its projects include Toremana Project that comprises of two Exploration Licences (ELs) on the northern end of the island of Bougainville, Autonomous Region of Bougainville, Papua New Guinea. The firm operates in the following segments: Exploration and evaluation - Bougainville and Other sector.

MCB Resources (ASX:MCB) Headlines

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