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Meteoric Resources NL (FRA:RNF) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Meteoric Resources NL Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meteoric Resources NL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meteoric Resources NL'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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Meteoric Resources NL Cyclically Adjusted Price-to-FCF Chart

Meteoric Resources NL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Meteoric Resources NL 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 Meteoric Resources NL's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Meteoric Resources NL'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.


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

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

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



Meteoric Resources NL 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.

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

For example, Meteoric Resources NL'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.

Meteoric Resources NL Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 98.352 -0.006
201506 -0.004 99.838 -0.005
201606 -0.002 100.859 -0.002
201706 -0.001 102.809 -0.001
201806 -0.004 104.945 -0.005
201906 -0.002 106.617 -0.002
202006 -0.003 106.246 -0.004
202106 -0.004 110.332 -0.005
202206 -0.002 117.112 -0.002
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.


Meteoric Resources NL  (FRA:RNF) 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.


Meteoric Resources NL Cyclically Adjusted Price-to-FCF Related Terms

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Meteoric Resources NL (FRA:RNF) Business Description

Traded in Other Exchanges
Address
35 Ventnor Street, Level 1, West Perth, Perth, WA, AUS, 6005
Meteoric Resources NL explores mineral tenements. It focuses on iron, gold, copper, and nickel deposits with a portfolio of projects in Brazil, Canada, Western Australia, and Northern Territory. The company projects include Juruena Gold Project, Brazil; Palm Springs Gold Project, Western Australia; Novo Astro Project; Warrego North Project; and Webb Diamond JV. The Group has three reportable segments being exploration activities in Brazil, exploration activities in Canada and exploration activities in Australia.