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Bowen Coking Coal (ASX:BCB) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Bowen Coking Coal Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bowen Coking Coal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bowen Coking Coal'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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Bowen Coking Coal Cyclically Adjusted Price-to-FCF Chart

Bowen Coking Coal Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Bowen Coking Coal 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 Bowen Coking Coal's Cyclically Adjusted Price-to-FCF

For the Coking Coal subindustry, Bowen Coking Coal'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.


Bowen Coking Coal's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

* The bar in red indicates where Bowen Coking Coal's Cyclically Adjusted Price-to-FCF falls into.



Bowen Coking Coal 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.

Bowen Coking Coal's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Bowen Coking Coal's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.109/124.1700*124.1700
=-0.109

Current CPI (Jun23) = 124.1700.

Bowen Coking Coal Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.353 98.352 -1.708
201506 -0.618 99.838 -0.769
201606 -0.012 100.859 -0.015
201706 -0.006 102.809 -0.007
201806 -0.007 104.945 -0.008
201906 -0.004 106.617 -0.005
202006 -0.004 106.246 -0.005
202106 -0.006 110.332 -0.007
202206 -0.025 117.112 -0.027
202306 -0.109 124.170 -0.109

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.


Bowen Coking Coal  (ASX:BCB) 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.


Bowen Coking Coal Cyclically Adjusted Price-to-FCF Related Terms

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Bowen Coking Coal (ASX:BCB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
167 Eagle Street, Level 4, Brisbane, QLD, AUS, 4000
Bowen Coking Coal Ltd is a coking coal exploration company. The firm holds the Broadmeadow East, Hillalong, Isaac River, Cooroorah, and Comet Ridge Coking Coal Projects, Bluff Mine, located in the Bowen Basin in Queensland, Australia. Also, BCB is a joint venture partner in the Lilyvale (15% interest) and Mackenzie (5% interest) Coking Coal Projects. The Group operates in one geographical location being Australia and its operations are organized into two business units being the exploration and development of coal and mining and sale of coal.

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