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Redstone Resources (ASX:RDS) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Redstone Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Redstone Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Redstone Resources'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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Redstone Resources Cyclically Adjusted Price-to-FCF Chart

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

For the Copper subindustry, Redstone Resources'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.


Redstone Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Redstone Resources 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.

Redstone Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Redstone Resources'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)
=-0.003/124.1700*124.1700
=-0.003

Current CPI (Jun23) = 124.1700.

Redstone Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 98.352 -0.011
201506 -0.004 99.838 -0.005
201606 -0.006 100.859 -0.007
201706 -0.001 102.809 -0.001
201806 -0.002 104.945 -0.002
201906 -0.001 106.617 -0.001
202006 -0.001 106.246 -0.001
202106 -0.001 110.332 -0.001
202206 -0.001 117.112 -0.001
202306 -0.003 124.170 -0.003

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.


Redstone Resources  (ASX:RDS) 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.


Redstone Resources Cyclically Adjusted Price-to-FCF Related Terms

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Redstone Resources (ASX:RDS) Business Description

Traded in Other Exchanges
N/A
Address
60 Havelock Street, West Perth, Perth, WA, AUS, 6005
Redstone Resources Ltd operates as a mineral exploration company in Australia and South Canada. The company explores copper, nickel, and gold. It focuses on the Tollu project located in the southeast portion of the West Musgrave region of Western Australia.

Redstone Resources (ASX:RDS) Headlines

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