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Pan African Resources (LSE:PAF) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Pan African Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan African Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pan African 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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Pan African Resources Cyclically Adjusted Price-to-FCF Chart

Pan African Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
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Pan African Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Pan African Resources's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Pan African 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.


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

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

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



Pan African 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.

Pan African Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Pan African Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=-0.031/156.2282*156.2282
=-0.031

Current CPI (Jun24) = 156.2282.

Pan African Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.008 100.173 -0.012
201606 0.007 106.713 0.010
201706 -0.068 112.054 -0.095
201806 -0.057 116.959 -0.076
201906 -0.007 122.191 -0.009
202006 0.008 124.807 0.010
202106 0.012 131.113 0.014
202206 0.012 140.835 0.013
202306 -0.005 148.802 -0.005
202406 -0.031 156.228 -0.031

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.


Pan African Resources  (LSE:PAF) 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.


Pan African Resources Cyclically Adjusted Price-to-FCF Related Terms

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Pan African Resources Business Description

Traded in Other Exchanges
Address
The Firs Office Building, 2nd Floor, Office 204, Corner Cradock and Biermann Avenues, Rosebank, Johannesburg, GT, ZAF, 2196
Pan African Resources PLC is a precious metals producer based in the United Kingdom. It operates metal mines in South Africa and derives revenue principally through the mining, extraction, and sale of gold. The company conducts its business through the operation of mining projects in various parts of South Africa, such as Barberton Mines, a gold mining project, Phoenix Platinum, and Uitkomst Colliery, located in Newcastle which sell coal to local and export markets. It also operates growth projects, including PAR Gold Proprietary Limited, which derives revenue from providing management and administration services to other group companies.

Pan African Resources Headlines