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Elemental Asia (WAR:EMA) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Elemental Asia Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Elemental Asia Cyclically Adjusted Price-to-FCF Historical Data

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

Elemental Asia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Elemental Asia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Elemental Asia's Cyclically Adjusted Price-to-FCF

For the Other Precious Metals & Mining subindustry, Elemental Asia'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.


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

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

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



Elemental Asia 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.

Elemental Asia's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Elemental Asia's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.016/146.1131*146.1131
=0.016

Current CPI (Sep. 2023) = 146.1131.

Elemental Asia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.107 101.018 -0.155
201403 -0.775 101.262 -1.118
201406 -0.897 101.180 -1.295
201409 -0.185 100.611 -0.269
201412 1.585 100.122 2.313
201503 -0.055 100.041 -0.080
201506 -0.092 100.448 -0.134
201509 -0.166 99.634 -0.243
201512 0.053 99.471 0.078
201603 -0.143 98.983 -0.211
201606 -0.136 99.552 -0.200
201609 -0.276 99.064 -0.407
201612 0.087 100.366 0.127
201703 -0.194 101.018 -0.281
201706 -0.883 101.180 -1.275
201709 -0.180 101.343 -0.260
201712 -0.179 102.564 -0.255
201803 -0.236 102.564 -0.336
201806 0.025 103.378 0.035
201809 -0.146 103.378 -0.206
201812 0.237 103.785 0.334
201903 0.232 104.274 0.325
201906 -0.109 105.983 -0.150
201909 0.427 105.983 0.589
201912 -0.361 107.123 -0.492
202003 -0.232 109.076 -0.311
202006 -0.358 109.402 -0.478
202009 0.298 109.320 0.398
202012 0.397 109.565 0.529
202103 -0.100 112.658 -0.130
202106 -0.936 113.960 -1.200
202109 -0.136 115.588 -0.172
202112 -1.410 119.088 -1.730
202203 -1.811 125.031 -2.116
202206 -1.485 131.705 -1.647
202209 -2.677 135.531 -2.886
202212 1.032 139.113 1.084
202303 -0.861 145.950 -0.862
202306 0.492 147.009 0.489
202309 0.016 146.113 0.016

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.


Elemental Asia  (WAR:EMA) 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.


Elemental Asia Cyclically Adjusted Price-to-FCF Related Terms

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Elemental Asia (WAR:EMA) Business Description

Traded in Other Exchanges
N/A
Address
ul. Traugutta 42A, Grodzisk Mazowiecki, POL, 05-825
Elemental Asia SA is engaged in the recycling of precious metals from printed circuits and automotive catalysts.

Elemental Asia (WAR:EMA) Headlines

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