Ascendant Resources Inc
TSX:ASND
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P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its Industry Average (30.1), the stock would be worth CA$-0.79 (1 154% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -2.9 | CA$0.08 |
0%
|
| Industry Average | 30.1 | CA$-0.79 |
-1 154%
|
| Country Average | 22 | CA$-0.58 |
-870%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Ascendant Resources Inc
TSX:ASND
|
14m CAD | -2.9 | -1.9 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
279B AUD | 13.8 | 19.2 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
279.2B AUD | 17.7 | 19.9 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
120.1B GBP | 14.2 | 15.9 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
66.1B GBP | 389.6 | 241.2 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 18.2 | 17.2 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | -2 023.3 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
398.4B CNY | 26.7 | 19.6 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.3B GBP | -56.9 | -15 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
45.9B USD | 21.2 | 15.5 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
43B ZAR | 19.6 | 33.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 13.2 |
| Median | 22 |
| 70th Percentile | 36 |
| Max | 116 589.8 |
Other Multiples
Ascendant Resources Inc
Glance View
Ascendant Resources, Inc. is a mining company, which engages in the exploration of mineral properties. The company is headquartered in Toronto, Ontario and currently employs 9 full-time employees. The company went IPO on 2008-02-20. The firm's Lagoa Salgada Project is located within the north-western section of the prolific Iberian Pyrite Belt in Portugal, approximately 80 kilometers (km) southeast of Lisbon. The Lagoa Salgada Project comprises of a single exploration permit covering an area of approximately 10,700 hectares. The Lagoa Salgada Project also represents an early-stage, polymetallic zinc-lead-copper exploration opportunity in a low risk, established and prolific jurisdiction. The Venda Nova deposit at Lagoa Salgada contains approximately 14.4 million tons of measured and indicated (M&I) resources and approximately 13.3 million tons in inferred resources. The firm is also engaged in the evaluation of producing and development stage mineral resource opportunities.