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


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What is Iconic Minerals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iconic Minerals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Iconic Minerals'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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Iconic Minerals Cyclically Adjusted Price-to-FCF Chart

Iconic Minerals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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Iconic Minerals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Iconic Minerals's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Iconic Minerals'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.


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

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

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



Iconic Minerals 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.

Iconic Minerals's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Iconic Minerals's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.001/125.4675*125.4675
=-0.001

Current CPI (Nov. 2023) = 125.4675.

Iconic Minerals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.000 98.051 0.000
201405 0.001 99.394 0.001
201408 -0.002 99.315 -0.003
201411 0.002 99.078 0.003
201502 -0.012 99.078 -0.015
201505 0.000 100.263 0.000
201508 -0.004 100.579 -0.005
201511 0.000 100.421 0.000
201602 0.000 100.421 0.000
201605 -0.017 101.765 -0.021
201608 -0.018 101.686 -0.022
201611 -0.002 101.607 -0.002
201702 -0.002 102.476 -0.002
201705 -0.001 103.108 -0.001
201708 0.004 103.108 0.005
201711 0.000 103.740 0.000
201802 -0.005 104.688 -0.006
201805 -0.001 105.399 -0.001
201808 -0.001 106.031 -0.001
201811 0.000 105.478 0.000
201902 0.000 106.268 0.000
201905 0.001 107.927 0.001
201908 0.000 108.085 0.000
201911 0.000 107.769 0.000
202002 0.000 108.559 0.000
202005 0.001 107.532 0.001
202008 -0.005 108.243 -0.006
202011 -0.001 108.796 -0.001
202102 0.003 109.745 0.003
202105 0.003 111.404 0.003
202108 -0.005 112.668 -0.006
202111 -0.002 113.932 -0.002
202202 0.028 115.986 0.030
202205 -0.004 120.016 -0.004
202208 -0.012 120.569 -0.012
202211 -0.008 121.675 -0.008
202302 -0.008 122.070 -0.008
202305 -0.003 124.045 -0.003
202308 0.000 125.389 0.000
202311 -0.001 125.468 -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.


Iconic Minerals  (OTCPK:ICMFF) 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.


Iconic Minerals Cyclically Adjusted Price-to-FCF Related Terms

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Iconic Minerals (Iconic Minerals) Business Description

Traded in Other Exchanges
Address
303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5
Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.

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