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Oceana Lithium (ASX:OCN) EV-to-FCF : (As of May. 25, 2024)


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What is Oceana Lithium EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Oceana Lithium's Enterprise Value is A$0.37 Mil. Oceana Lithium does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Oceana Lithium's EV-to-FCF at this moment.

The historical rank and industry rank for Oceana Lithium's EV-to-FCF or its related term are showing as below:

ASX:OCN' s EV-to-FCF Range Over the Past 10 Years
Min: -11.58   Med: 0   Max: 0
Current: -0.07

ASX:OCN's EV-to-FCF is ranked worse than
100% of 433 companies
in the Metals & Mining industry
Industry Median: 15.97 vs ASX:OCN: -0.07

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-25), Oceana Lithium's stock price is A$0.045. Oceana Lithium does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Oceana Lithium's PE Ratio at this moment.


Oceana Lithium EV-to-FCF Historical Data

The historical data trend for Oceana Lithium's EV-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.

Oceana Lithium EV-to-FCF Chart

Oceana Lithium Annual Data
Trend Dec21 Jun23
EV-to-FCF
- -7.92

Oceana Lithium Semi-Annual Data
Dec22 Jun23 Dec23
EV-to-FCF - - -

Competitive Comparison of Oceana Lithium's EV-to-FCF

For the Other Industrial Metals & Mining subindustry, Oceana Lithium's EV-to-FCF, along with its competitors' market caps and EV-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.


Oceana Lithium's EV-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Oceana Lithium's EV-to-FCF falls into.



Oceana Lithium EV-to-FCF Calculation

Oceana Lithium's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=0.366/
=


Oceana Lithium  (ASX:OCN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Oceana Lithium's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.045/
=

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Oceana Lithium EV-to-FCF Related Terms

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Oceana Lithium (ASX:OCN) Business Description

Traded in Other Exchanges
N/A
Address
33 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Oceana Lithium Ltd is a mineral exploration and development company focused on the discovery and delineation of lithium mineral resources in two mining-friendly jurisdictions, the state of Ceara, Brazil, and the Northern Territory, Australia. It holds interest in the Solonopole lithium project in Brazil and the Napperby lithium project in Northern Territory.