GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zanaga Iron Ore Co Ltd (LSE:ZIOC) » Definitions » Cyclically Adjusted Price-to-FCF

Zanaga Iron Ore Co (LSE:ZIOC) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Zanaga Iron Ore Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zanaga Iron Ore Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zanaga Iron Ore Co'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.

* Premium members only.

Zanaga Iron Ore Co Cyclically Adjusted Price-to-FCF Chart

Zanaga Iron Ore Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zanaga Iron Ore Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Zanaga Iron Ore Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Zanaga Iron Ore Co'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.


Zanaga Iron Ore Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zanaga Iron Ore Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zanaga Iron Ore Co's Cyclically Adjusted Price-to-FCF falls into.



Zanaga Iron Ore Co 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.

Zanaga Iron Ore Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Zanaga Iron Ore Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0/125.2218*125.2218
=0.000

Current CPI (Dec22) = 125.2218.

Zanaga Iron Ore Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.014 98.326 -0.018
201412 -0.009 99.070 -0.011
201512 -0.006 99.792 -0.008
201612 -0.003 101.863 -0.004
201712 -0.002 104.011 -0.002
201812 -0.003 105.998 -0.004
201912 -0.001 108.420 -0.001
202012 -0.001 109.897 -0.001
202112 -0.002 117.630 -0.002
202212 0.000 125.222 0.000

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.


Zanaga Iron Ore Co  (LSE:ZIOC) 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.


Zanaga Iron Ore Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Zanaga Iron Ore Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Zanaga Iron Ore Co (LSE:ZIOC) Business Description

Industry
Traded in Other Exchanges
Address
Wickhams Cay II, Coastal Building, P.O. Box 2221, 2nd Floor, Tortola, Road Town, VGB
Zanaga Iron Ore Co Ltd is an iron ore exploration and development company. The company holds an interest in the Zanaga Iron Ore Project located in the Republic of Congo which is also known as Congo-Brazzaville. Its long-term objective is to maximize the value of its sole asset and the Project which is currently focused on managing, developing, and constructing a world-class iron ore asset capable of mining, processing, transporting, and exporting iron ore at full production.

Zanaga Iron Ore Co (LSE:ZIOC) Headlines

No Headlines