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Fenix Resources (ASX:FEX) Cyclically Adjusted Price-to-FCF : 28.00 (As of Apr. 28, 2024)


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What is Fenix Resources Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Fenix Resources's current share price is A$0.28. Fenix Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.01. Fenix Resources's Cyclically Adjusted Price-to-FCF for today is 28.00.

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

ASX:FEX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21   Med: 25   Max: 34
Current: 21.24

During the past 13 years, Fenix Resources's highest Cyclically Adjusted Price-to-FCF was 34.00. The lowest was 21.00. And the median was 25.00.

ASX:FEX's Cyclically Adjusted Price-to-FCF is ranked worse than
67.66% of 269 companies
in the Steel industry
Industry Median: 13.46 vs ASX:FEX: 21.24

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.

Fenix Resources's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.020. 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 A$0.01 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fenix Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fenix Resources'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.

Fenix Resources Cyclically Adjusted Price-to-FCF Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 36.69 21.62

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 36.69 - 21.62 -

Competitive Comparison of Fenix Resources's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Fenix Resources'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.


Fenix Resources's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Fenix Resources 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.28/0.01
=28.00

* 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.

Fenix Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Fenix Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.02/124.1700*124.1700
=0.020

Current CPI (Jun23) = 124.1700.

Fenix Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 98.352 -0.015
201506 -0.008 99.838 -0.010
201606 -0.007 100.859 -0.009
201706 -0.012 102.809 -0.014
201806 -0.019 104.945 -0.022
201906 -0.020 106.617 -0.023
202006 -0.010 106.246 -0.012
202106 0.100 110.332 0.113
202206 0.099 117.112 0.105
202306 0.020 124.170 0.020

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.


Fenix Resources  (ASX:FEX) 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.


Fenix Resources Cyclically Adjusted Price-to-FCF Related Terms

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


Fenix Resources (ASX:FEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.