Heavy Rare Earths (ASX:HRE) Price-to-Free-Cash-Flow : (As of Jun. 04, 2024)

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What is Heavy Rare Earths Price-to-Free-Cash-Flow?

As of today (2024-06-04), Heavy Rare Earths's share price is A$0.035. Heavy Rare Earths does not have enough years/quarters to calculate the Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023. Therefore GuruFocus does not calculate Price-to-Free-Cash-Flow Ratio at this moment.

The historical rank and industry rank for Heavy Rare Earths's Price-to-Free-Cash-Flow or its related term are showing as below:

ASX:HRE's Price-to-Free-Cash-Flow is not ranked ^*
in the Metals & Mining industry.
Industry Median: 14.59
* Ranked among companies with meaningful Price-to-Free-Cash-Flow only.

Heavy Rare Earths's Free Cash Flow per Share for the six months ended in Dec. 2023 was A$-0.01.

Heavy Rare Earths Price-to-Free-Cash-Flow Historical Data

The historical data trend for Heavy Rare Earths's Price-to-Free-Cash-Flow 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.

Heavy Rare Earths Price-to-Free-Cash-Flow Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Price-to-Free-Cash-Flow

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Price-to-Free-Cash-Flow	-	-	-

Competitive Comparison of Heavy Rare Earths's Price-to-Free-Cash-Flow

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.

Heavy Rare Earths's Price-to-Free-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Heavy Rare Earths's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Heavy Rare Earths's Price-to-Free-Cash-Flow falls into.

Heavy Rare Earths Price-to-Free-Cash-Flow Calculation

Heavy Rare Earths's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio	=	Share Price	/	Free Cash Flow per Share (TTM)
	=	0.035	/
	=

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio

Market Cap

Free Cash Flow

Heavy Rare Earths (ASX:HRE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.

Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.

Heavy Rare Earths Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Heavy Rare Earths's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.

Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Price-to-Free-Cash-Flow

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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