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Inmet Mining (FRA:MMC) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Inmet Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inmet Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Inmet Mining'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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Inmet Mining Cyclically Adjusted Price-to-FCF Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Inmet Mining's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Inmet Mining'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.


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

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

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



Inmet Mining 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.

Inmet Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Inmet Mining's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2012 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=-2.463/95.7598*95.7598
=-2.463

Current CPI (Dec. 2012) = 95.7598.

Inmet Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200303 -0.147 81.459 -0.173
200306 0.143 80.985 0.169
200309 0.585 81.459 0.688
200312 0.276 81.538 0.324
200403 0.783 82.091 0.913
200406 0.396 83.039 0.457
200409 0.106 82.960 0.122
200412 0.152 83.276 0.175
200503 0.421 83.987 0.480
200506 0.589 84.461 0.668
200509 0.529 85.647 0.591
200512 0.166 85.015 0.187
200603 0.736 85.805 0.821
200606 1.785 86.516 1.976
200609 1.464 86.279 1.625
200612 0.319 86.437 0.353
200703 0.719 87.780 0.784
200706 0.865 88.412 0.937
200709 -0.035 88.412 -0.038
200712 -0.249 88.491 -0.269
200803 -0.449 88.965 -0.483
200806 -0.032 91.177 -0.034
200809 0.097 91.414 0.102
200812 -1.253 89.518 -1.340
200903 0.215 90.071 0.229
200906 -1.126 90.940 -1.186
200909 0.682 90.624 0.721
200912 0.720 90.703 0.760
201003 0.899 91.335 0.943
201006 0.925 91.809 0.965
201009 0.755 92.362 0.783
201012 1.021 92.836 1.053
201103 0.921 94.338 0.935
201106 0.453 94.654 0.458
201109 0.557 95.286 0.560
201112 0.182 94.970 0.184
201203 0.360 96.155 0.359
201206 -0.192 96.076 -0.191
201209 -0.366 96.392 -0.364
201212 -2.463 95.760 -2.463

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.


Inmet Mining  (FRA:MMC) 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.


Inmet Mining Cyclically Adjusted Price-to-FCF Related Terms

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Inmet Mining (FRA:MMC) Business Description

Traded in Other Exchanges
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Address
Website
Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.