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Nickel Asia (PHS:NIKL) Cyclically Adjusted Price-to-FCF : 9.52 (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 ₱4.00. Nickel Asia's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱0.42. Nickel Asia's Cyclically Adjusted Price-to-FCF for today is 9.52.

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

PHS:NIKL' 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.

PHS:NIKL'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 PHS:NIKL: 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 ₱-0.125. 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 ₱0.42 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
=4.00/0.42
=9.52

* 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)
=-0.125/131.7762*131.7762
=-0.125

Current CPI (Mar. 2024) = 131.7762.

Nickel Asia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.126 100.560 0.165
201409 0.539 100.428 0.707
201412 0.013 99.070 0.017
201503 -0.010 99.621 -0.013
201506 0.087 100.684 0.114
201509 0.099 100.392 0.130
201512 -0.141 99.792 -0.186
201603 -0.056 100.470 -0.073
201606 0.057 101.688 0.074
201609 0.083 101.861 0.107
201612 -0.034 101.863 -0.044
201703 0.040 102.862 0.051
201706 0.103 103.349 0.131
201709 0.108 104.136 0.137
201712 0.024 104.011 0.030
201803 0.004 105.290 0.005
201806 0.081 106.317 0.100
201809 0.238 106.507 0.294
201812 -0.044 105.998 -0.055
201903 -0.007 107.251 -0.009
201906 0.094 108.070 0.115
201909 0.111 108.329 0.135
201912 0.135 108.420 0.164
202003 0.008 108.902 0.010
202006 0.060 108.767 0.073
202009 0.227 109.815 0.272
202012 0.199 109.897 0.239
202103 0.020 111.754 0.024
202106 0.218 114.631 0.251
202109 0.089 115.734 0.101
202112 0.253 117.630 0.283
202203 0.112 121.301 0.122
202206 0.155 125.017 0.163
202209 0.281 125.227 0.296
202212 0.215 125.222 0.226
202303 0.077 127.348 0.080
202306 -0.105 128.729 -0.107
202309 0.157 129.860 0.159
202312 0.044 129.419 0.045
202403 -0.125 131.776 -0.125

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  (PHS:NIKL) 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 (PHS:NIKL) 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.

Nickel Asia (PHS:NIKL) Headlines