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Oceanic Iron Ore (TSXV:FEO) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Oceanic Iron Ore Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oceanic Iron Ore Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oceanic Iron Ore'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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Oceanic Iron Ore Cyclically Adjusted Price-to-FCF Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Oceanic Iron Ore 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 Oceanic Iron Ore's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Oceanic Iron Ore 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.

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

For example, Oceanic Iron Ore'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)
=-0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Oceanic Iron Ore Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.049 99.473 -0.062
201409 -0.035 99.394 -0.044
201412 -0.039 98.367 -0.050
201503 0.000 99.789 0.000
201506 -0.010 100.500 -0.013
201509 -0.006 100.421 -0.008
201512 -0.009 99.947 -0.011
201603 -0.007 101.054 -0.009
201606 -0.004 102.002 -0.005
201609 -0.008 101.765 -0.010
201612 -0.006 101.449 -0.007
201703 -0.010 102.634 -0.012
201706 -0.002 103.029 -0.002
201709 -0.005 103.345 -0.006
201712 -0.002 103.345 -0.002
201803 -0.002 105.004 -0.002
201806 -0.002 105.557 -0.002
201809 -0.001 105.636 -0.001
201812 -0.006 105.399 -0.007
201903 0.000 106.979 0.000
201906 -0.004 107.690 -0.005
201909 -0.003 107.611 -0.004
201912 -0.002 107.769 -0.002
202003 -0.001 107.927 -0.001
202006 -0.001 108.401 -0.001
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 -0.008 110.298 -0.009
202106 0.000 111.720 0.000
202109 -0.001 112.905 -0.001
202112 -0.001 113.774 -0.001
202203 -0.001 117.646 -0.001
202206 0.000 120.806 0.000
202209 -0.006 120.648 -0.006
202212 0.000 120.964 0.000
202303 -0.001 122.702 -0.001
202306 -0.001 124.203 -0.001
202309 -0.001 125.230 -0.001
202312 0.000 125.072 0.000
202403 0.000 126.258 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.


Oceanic Iron Ore  (TSXV:FEO) 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.


Oceanic Iron Ore Cyclically Adjusted Price-to-FCF Related Terms

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Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director