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First Lithium (ASX:FL1) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is First Lithium Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Lithium Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Lithium'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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First Lithium Cyclically Adjusted Price-to-FCF Chart

First Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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First Lithium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of First Lithium's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, First Lithium'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.


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

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

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



First Lithium 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.

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

For example, First Lithium'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)
=-0.017/124.1700*124.1700
=-0.017

Current CPI (Jun23) = 124.1700.

First Lithium Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.453 98.352 -0.572
201506 -1.094 99.838 -1.361
201606 -0.342 100.859 -0.421
201706 -0.151 102.809 -0.182
201806 -0.240 104.945 -0.284
201906 -0.168 106.617 -0.196
202006 -0.105 106.246 -0.123
202106 -0.095 110.332 -0.107
202206 -0.035 117.112 -0.037
202306 -0.017 124.170 -0.017

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.


First Lithium  (ASX:FL1) 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.


First Lithium Cyclically Adjusted Price-to-FCF Related Terms

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First Lithium (ASX:FL1) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
First Lithium Ltd is a mineral exploration and development company.

First Lithium (ASX:FL1) Headlines

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