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New Hope (FRA:OD8) Cyclically Adjusted Price-to-FCF : 11.38 (As of Apr. 27, 2024)


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What is New Hope Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), New Hope's current share price is €2.73. New Hope's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 was €0.24. New Hope's Cyclically Adjusted Price-to-FCF for today is 11.38.

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

FRA:OD8' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11   Med: 19.83   Max: 39.91
Current: 11.68

During the past 13 years, New Hope's highest Cyclically Adjusted Price-to-FCF was 39.91. The lowest was 11.00. And the median was 19.83.

FRA:OD8's Cyclically Adjusted Price-to-FCF is ranked worse than
54.17% of 72 companies
in the Other Energy Sources industry
Industry Median: 10.66 vs FRA:OD8: 11.68

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.

New Hope's adjusted free cash flow per share data of for the fiscal year that ended in Jul23 was €0.889. 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 €0.24 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Hope Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New Hope'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.

New Hope Cyclically Adjusted Price-to-FCF Chart

New Hope Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 16.62 18.36 18.67 13.30

New Hope Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 18.67 - 13.30 -

Competitive Comparison of New Hope's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, New Hope'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.


New Hope's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, New Hope's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



New Hope 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.73/0.24
=11.38

* 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.

New Hope's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, New Hope's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.889/125.6559*125.6559
=0.889

Current CPI (Jul23) = 125.6559.

New Hope Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.040 98.816 -0.051
201507 -0.022 100.302 -0.028
201607 -0.063 101.602 -0.078
201707 0.163 103.460 0.198
201807 0.250 105.410 0.298
201907 0.146 107.174 0.171
202007 0.105 107.917 0.122
202107 0.177 111.168 0.200
202207 0.771 119.248 0.812
202307 0.889 125.656 0.889

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.


New Hope  (FRA:OD8) 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.


New Hope Cyclically Adjusted Price-to-FCF Related Terms

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


New Hope (FRA:OD8) Business Description

Industry
Traded in Other Exchanges
Address
175 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2027, up from around 8 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

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