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Piedmont Lithium (Piedmont Lithium) Cyclically Adjusted Price-to-FCF : (As of May. 02, 2024)


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What is Piedmont Lithium Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Piedmont Lithium Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Piedmont Lithium'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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Piedmont Lithium Cyclically Adjusted Price-to-FCF Chart

Piedmont Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Piedmont Lithium Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Piedmont Lithium's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Piedmont Lithium'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.


Piedmont Lithium's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



Piedmont Lithium 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.

Piedmont Lithium's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Piedmont Lithium's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.811/129.4194*129.4194
=-0.811

Current CPI (Dec. 2023) = 129.4194.

Piedmont Lithium Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.002 98.326 -0.003
201403 -0.134 99.695 -0.174
201406 -0.002 100.560 -0.003
201409 -0.104 100.428 -0.134
201412 -0.001 99.070 -0.001
201503 -0.036 99.621 -0.047
201506 0.000 100.684 0.000
201509 -0.031 100.392 -0.040
201512 0.000 99.792 0.000
201603 -0.021 100.470 -0.027
201606 0.000 101.688 0.000
201609 -0.043 101.861 -0.055
201612 0.000 101.863 0.000
201703 -0.099 102.862 -0.125
201706 -0.001 103.349 -0.001
201709 -0.234 104.136 -0.291
201712 -0.364 104.011 -0.453
201803 -0.313 105.290 -0.385
201806 0.000 106.317 0.000
201809 -0.563 106.507 -0.684
201812 -0.311 105.998 -0.380
201903 -0.399 107.251 -0.481
201906 -0.033 108.070 -0.040
201912 0.000 108.420 0.000
202003 -0.411 108.902 -0.488
202006 -0.075 108.767 -0.089
202009 -0.448 109.815 -0.528
202012 -0.125 109.897 -0.147
202103 0.014 111.754 0.016
202106 -1.342 114.631 -1.515
202109 -1.165 115.734 -1.303
202112 -0.737 117.630 -0.811
202203 -0.899 121.301 -0.959
202206 -0.832 125.017 -0.861
202209 -0.804 125.227 -0.831
202212 -0.457 125.222 -0.472
202303 -1.513 127.348 -1.538
202306 -1.061 128.729 -1.067
202309 0.458 129.860 0.456
202312 -0.811 129.419 -0.811

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.


Piedmont Lithium  (NAS:PLL) 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.


Piedmont Lithium Cyclically Adjusted Price-to-FCF Related Terms

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


Piedmont Lithium (Piedmont Lithium) Business Description

Address
42 E Catawba Street, Belmont, NC, USA, 28012
Piedmont Lithium Inc, is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines.
Executives
Claude Demby director C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Michael D White officer: EVP and CFO 17988 EDISON AVE, CHESTERFIELD MA 63005
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Bruce Czachor officer: EVP, CLO & Secretary 32 NORTH MAIN STREET, SUITE 100, BELMONT NC 28012
Patrick Brindle officer: EVP and CDO 32N MAIN STREET, SUITE 100, BELMONT NC 28012
Keith D. Phillips director, officer: President and CEO 42 E CATAWBA STREET, BELMONT NC 28012
Austin Devaney officer: EVP and CCO C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT NC 28012
Krishna Mcvey officer: EVP and CAO C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT NC 28012
Christina M Alvord director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jeffrey T. Armstrong director 32N MAIN STREET, SUITE 100, BELMONT NC 28012
David Klanecky officer: EVP and COO 32N MAIN STREET, SUITE 100, BELMONT NC 28012
Susan C. Jones director 32N MAIN STREET, SUITE 100, BELMONT NC 28012
Levi Mochkin director
Todd Hannigan director 32N MAIN STREET, SUITE 100, BELMONT NC 28012
Jorge Beristain director 32N MAIN STREET, SUITE 100, BELMONT NC 28012