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Allegiance Coal (ASX:AHQ) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Allegiance Coal Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Allegiance Coal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Allegiance Coal'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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Allegiance Coal Cyclically Adjusted Price-to-FCF Chart

Allegiance Coal Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Allegiance Coal Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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Competitive Comparison of Allegiance Coal's Cyclically Adjusted Price-to-FCF

For the Coking Coal subindustry, Allegiance Coal'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.


Allegiance Coal's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Allegiance Coal 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.

Allegiance Coal's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Allegiance Coal's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=-0.145/117.1117*117.1117
=-0.145

Current CPI (Jun22) = 117.1117.

Allegiance Coal Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.257 95.473 -0.315
201406 -0.033 98.352 -0.039
201506 -0.040 99.838 -0.047
201606 -0.074 100.859 -0.086
201706 -0.083 102.809 -0.095
201806 -0.062 104.945 -0.069
201906 -0.056 106.617 -0.062
202006 -0.073 106.246 -0.080
202106 -0.127 110.332 -0.135
202206 -0.145 117.112 -0.145

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.


Allegiance Coal  (ASX:AHQ) 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.


Allegiance Coal Cyclically Adjusted Price-to-FCF Related Terms

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Allegiance Coal (ASX:AHQ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
109 Pitt Street, Suite 107, Sydney, NSW, AUS, 2000
Allegiance Coal Ltd is an Australia-based company engaged in the acquisition and exploration of coal tenements. The company's project includes Telkwa Metallurgical Coal, Tenas Metallurgical Coal, Back Creek Project, Black Warrior, New Elk Mine, and Kilmain Project.

Allegiance Coal (ASX:AHQ) Headlines

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