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Vale (XBUL:CVLB) Cyclically Adjusted Price-to-FCF : 6.81 (As of Jan. 19, 2025)


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What is Vale Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), Vale's current share price is лв8.24. Vale's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was лв1.21. Vale's Cyclically Adjusted Price-to-FCF for today is 6.81.

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

XBUL:CVLB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.34   Med: 15.51   Max: 29.55
Current: 6.71

During the past years, Vale's highest Cyclically Adjusted Price-to-FCF was 29.55. The lowest was 5.34. And the median was 15.51.

XBUL:CVLB's Cyclically Adjusted Price-to-FCF is ranked better than
85.55% of 256 companies
in the Metals & Mining industry
Industry Median: 24.15 vs XBUL:CVLB: 6.71

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.

Vale's adjusted free cash flow per share data for the three months ended in Sep. 2024 was лв0.120. 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 лв1.21 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vale Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vale'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.

Vale Cyclically Adjusted Price-to-FCF Chart

Vale 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 19.46 24.75 13.89 13.46 10.12

Vale Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.53 10.12 7.74 - 7.82

Competitive Comparison of Vale's Cyclically Adjusted Price-to-FCF

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


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

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

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



Vale 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.

Vale's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.24/1.21
=6.81

* 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.

Vale's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.12/162.3424*162.3424
=0.120

Current CPI (Sep. 2024) = 162.3424.

Vale Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.712 94.194 -1.227
201503 -0.617 97.799 -1.024
201506 -0.412 100.006 -0.669
201509 -0.089 101.392 -0.143
201512 -0.413 104.247 -0.643
201603 -0.678 106.979 -1.029
201606 0.353 108.851 0.526
201609 0.462 109.986 0.682
201612 0.374 110.802 0.548
201703 0.670 111.869 0.972
201706 0.803 112.115 1.163
201709 0.543 112.777 0.782
201712 1.012 114.068 1.440
201803 0.470 114.868 0.664
201806 1.040 117.038 1.443
201809 1.387 117.881 1.910
201812 0.665 118.340 0.912
201903 0.584 120.124 0.789
201906 0.818 120.977 1.098
201909 1.172 121.292 1.569
201912 0.630 123.436 0.829
202003 0.208 124.092 0.272
202006 0.137 123.557 0.180
202009 1.452 125.095 1.884
202012 1.945 129.012 2.447
202103 2.241 131.660 2.763
202106 2.472 133.871 2.998
202109 2.941 137.913 3.462
202112 0.051 141.992 0.058
202203 0.582 146.537 0.645
202206 0.915 149.784 0.992
202209 0.906 147.800 0.995
202212 0.053 150.207 0.057
202303 1.064 153.352 1.126
202306 0.299 154.519 0.314
202309 0.618 155.464 0.645
202312 1.181 157.148 1.220
202403 0.970 159.372 0.988
202406 0.000 161.052 0.000
202409 0.120 162.342 0.120

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.


Vale  (XBUL:CVLB) 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.


Vale Cyclically Adjusted Price-to-FCF Related Terms

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


Vale Business Description

Industry
Address
Praia de Botafogo, 186, offices 1101, 1701 and 1801, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.

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