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Labrador Iron Ore Royalty (TSX:LIF) Cyclically Adjusted Price-to-FCF : 9.95 (As of May. 17, 2024)


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What is Labrador Iron Ore Royalty Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Labrador Iron Ore Royalty's current share price is C$30.05. Labrador Iron Ore Royalty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$3.02. Labrador Iron Ore Royalty's Cyclically Adjusted Price-to-FCF for today is 9.95.

The historical rank and industry rank for Labrador Iron Ore Royalty's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:LIF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.37   Med: 11.93   Max: 24.57
Current: 9.97

During the past years, Labrador Iron Ore Royalty's highest Cyclically Adjusted Price-to-FCF was 24.57. The lowest was 4.37. And the median was 11.93.

TSX:LIF's Cyclically Adjusted Price-to-FCF is ranked better than
65.66% of 265 companies
in the Steel industry
Industry Median: 13.9 vs TSX:LIF: 9.97

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Labrador Iron Ore Royalty's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.471. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$3.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Labrador Iron Ore Royalty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Labrador Iron Ore Royalty'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.

Labrador Iron Ore Royalty Cyclically Adjusted Price-to-FCF Chart

Labrador Iron Ore Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.94 15.78 14.59 11.49 10.54

Labrador Iron Ore Royalty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.78 10.23 10.36 10.54 9.56

Competitive Comparison of Labrador Iron Ore Royalty's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Labrador Iron Ore Royalty'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.


Labrador Iron Ore Royalty's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Labrador Iron Ore Royalty 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.

Labrador Iron Ore Royalty's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.05/3.02
=9.95

* 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.

Labrador Iron Ore Royalty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Labrador Iron Ore Royalty'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)
=0.471/126.2576*126.2576
=0.471

Current CPI (Mar. 2024) = 126.2576.

Labrador Iron Ore Royalty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.456 99.473 0.579
201409 0.643 99.394 0.817
201412 0.280 98.367 0.359
201503 0.245 99.789 0.310
201506 0.194 100.500 0.244
201509 0.193 100.421 0.243
201512 0.312 99.947 0.394
201603 0.193 101.054 0.241
201606 0.119 102.002 0.147
201609 0.236 101.765 0.293
201612 0.442 101.449 0.550
201703 0.440 102.634 0.541
201706 0.706 103.029 0.865
201709 0.845 103.345 1.032
201712 0.618 103.345 0.755
201803 0.315 105.004 0.379
201806 0.242 105.557 0.289
201809 0.937 105.636 1.120
201812 0.832 105.399 0.997
201903 0.387 106.979 0.457
201906 0.744 107.690 0.872
201909 1.138 107.611 1.335
201912 1.235 107.769 1.447
202003 0.167 107.927 0.195
202006 0.585 108.401 0.681
202009 0.173 108.164 0.202
202012 1.814 108.559 2.110
202103 0.665 110.298 0.761
202106 1.809 111.720 2.044
202109 2.149 112.905 2.403
202112 1.663 113.774 1.845
202203 0.065 117.646 0.070
202206 0.644 120.806 0.673
202209 1.229 120.648 1.286
202212 0.948 120.964 0.989
202303 0.304 122.702 0.313
202306 0.635 124.203 0.646
202309 1.024 125.230 1.032
202312 0.410 125.072 0.414
202403 0.471 126.258 0.471

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.


Labrador Iron Ore Royalty  (TSX:LIF) 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.


Labrador Iron Ore Royalty Cyclically Adjusted Price-to-FCF Related Terms

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


Labrador Iron Ore Royalty (TSX:LIF) Business Description

Traded in Other Exchanges
Address
235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.
Executives
Douglas Mccutcheon Director

Labrador Iron Ore Royalty (TSX:LIF) Headlines

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