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Philex Mining (PHS:PX) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Philex Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Philex Mining Cyclically Adjusted Price-to-FCF Historical Data

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

Philex Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Philex Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Philex Mining's Cyclically Adjusted Price-to-FCF

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


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

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

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



Philex Mining 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.

Philex Mining's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Philex Mining's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.261/131.7762*131.7762
=-0.261

Current CPI (Mar. 2024) = 131.7762.

Philex Mining Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.315 100.560 -0.413
201409 -0.329 100.428 -0.432
201412 -0.182 99.070 -0.242
201503 -0.156 99.621 -0.206
201506 -0.036 100.684 -0.047
201509 -0.073 100.392 -0.096
201512 -0.245 99.792 -0.324
201603 0.010 100.470 0.013
201606 0.105 101.688 0.136
201609 0.020 101.861 0.026
201612 -0.006 101.863 -0.008
201703 0.152 102.862 0.195
201706 -0.037 103.349 -0.047
201709 0.000 104.136 0.000
201712 0.097 104.011 0.123
201803 0.023 105.290 0.029
201806 0.167 106.317 0.207
201809 -0.086 106.507 -0.106
201812 0.069 105.998 0.086
201903 -0.394 107.251 -0.484
201906 -0.110 108.070 -0.134
201909 0.023 108.329 0.028
201912 0.372 108.420 0.452
202003 -0.054 108.902 -0.065
202006 0.129 108.767 0.156
202009 0.063 109.815 0.076
202012 0.097 109.897 0.116
202103 -0.032 111.754 -0.038
202106 0.125 114.631 0.144
202109 0.257 115.734 0.293
202112 0.176 117.630 0.197
202203 0.140 121.301 0.152
202206 0.154 125.017 0.162
202209 0.031 125.227 0.033
202212 -0.016 125.222 -0.017
202303 0.044 127.348 0.046
202306 -0.120 128.729 -0.123
202309 0.011 129.860 0.011
202312 -0.131 129.419 -0.133
202403 -0.261 131.776 -0.261

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.


Philex Mining  (PHS:PX) 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.


Philex Mining Cyclically Adjusted Price-to-FCF Related Terms

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


Philex Mining (PHS:PX) Business Description

Traded in Other Exchanges
Address
Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550
Philex Mining Corporation is a mining and energy company based in the Philippines. The company is organized across two main business groupings: the mining and metals business, and the energy and hydrocarbon business. The metals business mines copper concentrates to produce copper and by-products of gold and silver. The energy and hydrocarbon business has interests (operating and non-operating) in several oil and gas companies. The metals business's gold and copper output are largely produced by the Padcal Mine in Benguet, Philippines. Production from the Padcal Mine contributes the vast majority of the entire company's revenue.

Philex Mining (PHS:PX) Headlines

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