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NorZinc (NorZinc) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is NorZinc Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NorZinc Cyclically Adjusted Price-to-FCF Historical Data

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

NorZinc Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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NorZinc Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of NorZinc's Cyclically Adjusted Price-to-FCF

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


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

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

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



NorZinc 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.

NorZinc's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, NorZinc's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.005/120.6479*120.6479
=-0.005

Current CPI (Sep. 2022) = 120.6479.

NorZinc Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 -0.017 95.760 -0.021
201303 -0.019 97.103 -0.024
201306 -0.004 97.182 -0.005
201309 -0.014 97.419 -0.017
201312 -0.011 96.945 -0.014
201403 -0.014 98.604 -0.017
201406 -0.008 99.473 -0.010
201409 -0.015 99.394 -0.018
201412 -0.013 98.367 -0.016
201503 -0.012 99.789 -0.015
201506 -0.014 100.500 -0.017
201509 -0.008 100.421 -0.010
201512 -0.002 99.947 -0.002
201603 -0.002 101.054 -0.002
201606 -0.003 102.002 -0.004
201609 -0.003 101.765 -0.004
201612 -0.004 101.449 -0.005
201703 -0.005 102.634 -0.006
201706 -0.006 103.029 -0.007
201709 -0.008 103.345 -0.009
201712 -0.006 103.345 -0.007
201803 -0.006 105.004 -0.007
201806 -0.003 105.557 -0.003
201809 -0.006 105.636 -0.007
201812 -0.007 105.399 -0.008
201903 -0.005 106.979 -0.006
201906 -0.004 107.690 -0.004
201909 -0.006 107.611 -0.007
201912 -0.012 107.769 -0.013
202003 -0.006 107.927 -0.007
202006 -0.003 108.401 -0.003
202009 -0.003 108.164 -0.003
202012 -0.004 108.559 -0.004
202103 -0.004 110.298 -0.004
202106 -0.003 111.720 -0.003
202109 -0.005 112.905 -0.005
202112 -0.003 113.774 -0.003
202203 -0.003 117.646 -0.003
202206 -0.003 120.806 -0.003
202209 -0.005 120.648 -0.005

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.


NorZinc  (OTCPK:NORZF) 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.


NorZinc Cyclically Adjusted Price-to-FCF Related Terms

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NorZinc (NorZinc) Business Description

Industry
Traded in Other Exchanges
N/A
Address
650 West Georgia Street, Suite 1710, PO Box 11644, Vancouver, BC, CAN, V6B 4N9
NorZinc Ltd is a Canadian exploration and development company. It is engaged in the business of exploring and developing natural resource properties. Its key project includes Prairie Creek Project, advanced-staged zinc-lead-silver property, located in the Northwest Territories. It also owns an extensive land package in central Newfoundland.

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