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Aspire Mining (ASX:AKM) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Aspire Mining Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspire Mining Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aspire Mining'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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Aspire Mining Cyclically Adjusted Price-to-FCF Chart

Aspire Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Aspire Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Aspire Mining's Cyclically Adjusted Price-to-FCF

For the Coking Coal subindustry, Aspire Mining'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.


Aspire Mining's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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



Aspire Mining 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.

Aspire Mining's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Aspire Mining's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=-0.009/117.1117*117.1117
=-0.009

Current CPI (Jun22) = 117.1117.

Aspire Mining Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.237 95.473 -0.291
201406 -0.078 98.352 -0.093
201506 -0.070 99.838 -0.082
201606 -0.033 100.859 -0.038
201706 -0.029 102.809 -0.033
201806 -0.026 104.945 -0.029
201906 -0.028 106.617 -0.031
202006 -0.012 106.246 -0.013
202106 -0.006 110.332 -0.006
202206 -0.009 117.112 -0.009

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.


Aspire Mining  (ASX:AKM) 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.


Aspire Mining Cyclically Adjusted Price-to-FCF Related Terms

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Aspire Mining (ASX:AKM) Business Description

Industry
Traded in Other Exchanges
Address
126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 6000
Aspire Mining Ltd is a mineral exploration and development company. It principally engages in the business of exploring coal and progresses on the approval process for the development and funding of a rail line in northern Mongolia. It holds interests in various assets that are located in Mongolia. The company's segments include Australia, Mongolia, and Singapore. It also holds an interest in other projects such as the Ovoot coking coal, Nuurstei coal and coking coal market. The Ovoot project is a large-scale coking coal project. Majority of the company's revenue comes from Australian segment.

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