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Alumina (Alumina) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Alumina Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alumina Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alumina'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.

Alumina Cyclically Adjusted Price-to-FCF Chart

Alumina 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 24.35 19.87 19.77 12.99 -

Alumina 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 19.77 - 12.99 - -

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

For the Aluminum subindustry, Alumina'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.


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

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

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



Alumina 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.

Alumina's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Alumina's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.001/125.6559*125.6559
=0.001

Current CPI (Dec23) = 125.6559.

Alumina Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.011 99.002 -0.014
201512 0.062 100.673 0.077
201612 0.164 102.159 0.202
201712 0.361 104.110 0.436
201812 0.891 105.967 1.057
201912 0.507 107.917 0.590
202012 0.214 108.846 0.247
202112 0.242 112.654 0.270
202212 0.478 121.477 0.494
202312 0.001 125.656 0.001

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.


Alumina  (OTCPK:AWCMY) 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.


Alumina Cyclically Adjusted Price-to-FCF Related Terms

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Alumina (Alumina) Business Description

Industry
Traded in Other Exchanges
Address
Level 36, 2 Southbank Boulevard, Southbank, VIC, AUS, 3006
Alumina Ltd is a forwarding office for Alcoa World Alumina and Chemicals' distributions. Its profit is a 40% equity share of AWAC profit, less head office and interest expenses. Its cash flow consists of AWAC distributions. AWAC investments include substantial global bauxite reserves and alumina refining operations. Declining capital and operating costs and a lack of supply discipline from China are likely to result in competitive pressures, but Alumina's position in the lowest quartile of the industry cost curve is defensive.

Alumina (Alumina) Headlines

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