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African Minerals (LSE:AMI) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is African Minerals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


African Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for African Minerals'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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African Minerals Cyclically Adjusted Price-to-FCF Chart

African Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
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African Minerals Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of African Minerals's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, African Minerals'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.


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

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

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



African Minerals 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.

African Minerals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec13 is calculated as:

For example, African Minerals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=-0.771/99.2000*99.2000
=-0.771

Current CPI (Dec13) = 99.2000.

African Minerals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 -0.070 78.600 -0.088
200512 -0.129 80.300 -0.159
200612 -0.175 82.600 -0.210
200712 -0.148 84.500 -0.174
200812 -0.227 87.100 -0.259
200912 -0.157 88.900 -0.175
201012 -0.882 91.700 -0.954
201112 -1.857 95.000 -1.939
201212 -1.080 97.300 -1.101
201312 -0.771 99.200 -0.771

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.


African Minerals  (LSE:AMI) 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.


African Minerals Cyclically Adjusted Price-to-FCF Related Terms

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African Minerals (LSE:AMI) Business Description

Traded in Other Exchanges
N/A
Address
Stratton House, 5 Stratton Street, London, GBR, W1J 8LA
African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

African Minerals (LSE:AMI) Headlines

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