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Nickel Asia (Nickel Asia) Cyclically Adjusted Price-to-FCF : 7.00 (As of Jun. 06, 2024)


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What is Nickel Asia Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Nickel Asia's current share price is $0.07. Nickel Asia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.01. Nickel Asia's Cyclically Adjusted Price-to-FCF for today is 7.00.

The historical rank and industry rank for Nickel Asia's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NCKAF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.17   Med: 15.74   Max: 25.15
Current: 9.62

During the past years, Nickel Asia's highest Cyclically Adjusted Price-to-FCF was 25.15. The lowest was 9.17. And the median was 15.74.

NCKAF's Cyclically Adjusted Price-to-FCF is ranked better than
77.91% of 249 companies
in the Metals & Mining industry
Industry Median: 20.97 vs NCKAF: 9.62

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Nickel Asia's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.002. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nickel Asia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nickel Asia'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.

* Premium members only.

Nickel Asia Cyclically Adjusted Price-to-FCF Chart

Nickel Asia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 20.09 16.22 14.07 12.90

Nickel Asia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.55 14.06 14.29 12.90 9.50

Competitive Comparison of Nickel Asia's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.


Nickel Asia's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Nickel Asia 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.

Nickel Asia's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.07/0.01
=7.00

* 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.

Nickel Asia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nickel Asia's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.002/131.7762*131.7762
=-0.002

Current CPI (Mar. 2024) = 131.7762.

Nickel Asia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.002 100.560 0.003
201409 0.009 100.428 0.012
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.001 100.684 0.001
201509 0.002 100.392 0.003
201512 -0.002 99.792 -0.003
201603 -0.001 100.470 -0.001
201606 0.001 101.688 0.001
201609 0.001 101.861 0.001
201612 -0.001 101.863 -0.001
201703 0.001 102.862 0.001
201706 0.002 103.349 0.003
201709 0.002 104.136 0.003
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.001 106.317 0.001
201809 0.004 106.507 0.005
201812 -0.001 105.998 -0.001
201903 0.000 107.251 0.000
201906 0.002 108.070 0.002
201909 0.002 108.329 0.002
201912 0.002 108.420 0.002
202003 0.000 108.902 0.000
202006 0.001 108.767 0.001
202009 0.004 109.815 0.005
202012 0.003 109.897 0.004
202103 0.000 111.754 0.000
202106 0.004 114.631 0.005
202109 0.002 115.734 0.002
202112 0.004 117.630 0.004
202203 0.002 121.301 0.002
202206 0.003 125.017 0.003
202209 0.005 125.227 0.005
202212 0.004 125.222 0.004
202303 0.001 127.348 0.001
202306 -0.002 128.729 -0.002
202309 0.003 129.860 0.003
202312 0.001 129.419 0.001
202403 -0.002 131.776 -0.002

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.


Nickel Asia  (OTCPK:NCKAF) 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.


Nickel Asia Cyclically Adjusted Price-to-FCF Related Terms

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Nickel Asia (Nickel Asia) Business Description

Traded in Other Exchanges
Address
32nd Street, Bonifacio Global City, 28th Floor NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a nickel ore mining company engaged in operating five mines; the Rio Tuba mine, the Taganito mine, the Tagana-an mine, the Cagdianao mine, and the Dinapigue mine. It produces saprolite (nickel ore with an iron content of less than 20%) and limonite (nickel ore with an iron content greater than 20%) ore. The company has three operating segments; The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, The services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and The power segment is into power generation and exploration for geothermal resources.

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