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Pacific Nickel Mines (ASX:PNM) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Pacific Nickel Mines Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Nickel Mines Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pacific Nickel Mines'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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Pacific Nickel Mines Cyclically Adjusted Price-to-FCF Chart

Pacific Nickel Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Pacific Nickel Mines 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 Pacific Nickel Mines's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Pacific Nickel Mines'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.


Pacific Nickel Mines's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Pacific Nickel Mines 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.

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

For example, Pacific Nickel Mines'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)
=-0.033/124.1700*124.1700
=-0.033

Current CPI (Jun23) = 124.1700.

Pacific Nickel Mines Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.120 98.352 -0.152
201506 -0.101 99.838 -0.126
201606 -0.096 100.859 -0.118
201706 -0.045 102.809 -0.054
201806 -0.052 104.945 -0.062
201906 -0.106 106.617 -0.123
202006 -0.023 106.246 -0.027
202106 -0.017 110.332 -0.019
202206 -0.025 117.112 -0.027
202306 -0.033 124.170 -0.033

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.


Pacific Nickel Mines  (ASX:PNM) 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.


Pacific Nickel Mines Cyclically Adjusted Price-to-FCF Related Terms

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Pacific Nickel Mines (ASX:PNM) Business Description

Traded in Other Exchanges
Address
283 George Street, Level 4, Sydney, NSW, AUS, 2000
Pacific Nickel Mines Ltd is engaged in the operation, development, and exploration of mineral deposits. The company operates through two geographical segments: Lorena and Solomon Islands. The Lorena segment is engaged in the development of the company's main project, the Lorena Gold Project near Cloncurry in northwest Queensland. The Solomon Islands segment includes development of the company's interest in the Kolosori Nickel Project and Jejevo Nickel Project on the Santa Isabel Island. It operates within one segment which is mineral exploration and development in Australia.