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Oceanic Iron Ore (TSXV:FEO) 3-Year FCF Growth Rate : 12.60% (As of Dec. 2023)


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What is Oceanic Iron Ore 3-Year FCF Growth Rate?

Oceanic Iron Ore's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.00.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 12.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 22.10% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 39.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Oceanic Iron Ore was 61.00% per year. The lowest was -51.40% per year. And the median was 14.00% per year.


Competitive Comparison of Oceanic Iron Ore's 3-Year FCF Growth Rate

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Oceanic Iron Ore's 3-Year FCF Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oceanic Iron Ore's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Oceanic Iron Ore's 3-Year FCF Growth Rate falls into.



Oceanic Iron Ore 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Oceanic Iron Ore  (TSXV:FEO) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Oceanic Iron Ore 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Oceanic Iron Ore's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director

Oceanic Iron Ore (TSXV:FEO) Headlines