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Nexa Resources (Nexa Resources) Cyclically Adjusted Price-to-FCF : 10.32 (As of May. 24, 2024)


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

As of today (2024-05-24), Nexa Resources's current share price is $7.84. Nexa Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.76. Nexa Resources's Cyclically Adjusted Price-to-FCF for today is 10.32.

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

NEXA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.66   Med: 9.18   Max: 10.28
Current: 10.28

During the past 10 years, Nexa Resources's highest Cyclically Adjusted Price-to-FCF was 10.28. The lowest was 8.66. And the median was 9.18.

NEXA's Cyclically Adjusted Price-to-FCF is ranked better than
78.86% of 246 companies
in the Metals & Mining industry
Industry Median: 22.255 vs NEXA: 10.28

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.

Nexa Resources's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $-0.501. 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 $0.76 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexa Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nexa 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.

* Premium members only.

Nexa Resources Cyclically Adjusted Price-to-FCF Chart

Nexa Resources 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 - - - - 9.45

Nexa Resources 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 - - - 9.45 -

Competitive Comparison of Nexa Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Nexa 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.


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

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

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



Nexa 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.

Nexa Resources's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.84/0.76
=10.32

* 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.

Nexa Resources's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nexa Resources's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.501/121.1700*121.1700
=-0.501

Current CPI (Dec23) = 121.1700.

Nexa Resources Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.112 98.830 2.589
201512 2.017 99.910 2.446
201612 3.564 101.040 4.274
201712 1.556 102.410 1.841
201812 0.359 104.320 0.417
201912 -2.065 106.080 -2.359
202012 -0.242 106.670 -0.275
202112 0.059 111.090 0.064
202212 -0.909 117.060 -0.941
202312 -0.501 121.170 -0.501

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.


Nexa Resources  (NYSE:NEXA) 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.


Nexa Resources Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Nexa Resources's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexa Resources (Nexa Resources) Business Description

Traded in Other Exchanges
Address
37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Nexa Resources SA is a low-cost integrated zinc producer. It produces copper, lead, silver, and gold as byproducts. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and lead concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.