Oceanic Iron Ore Corp
XTSX:FEO
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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$-0.13 (115% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -201.6 | CA$0.85 |
0%
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| Industry Average | 30.1 | CA$-0.13 |
-115%
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| Country Average | 22 | CA$-0.09 |
-111%
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Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Oceanic Iron Ore Corp
XTSX:FEO
|
206.9m CAD | -201.6 | -1.3 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
98.1B ZAR | 6.4 | 6.9 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
339.1B BRL | 12.5 | 25.2 | |
| US |
|
Nucor Corp
NYSE:NUE
|
51.5B USD | -585.8 | 29.7 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
36.9B EUR | 10.1 | 11.4 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.5B AUD | 10 | 11.2 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
37.5B EUR | -37.5 | 13.7 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 30.2 | 41.2 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
33.1B USD | 61.1 | 24.1 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR | 88.4 | 28.7 | |
| KR |
|
Posco Holdings Inc
KRX:005490
|
34.9T KRW | 434.1 | 53.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 13.2 |
| Median | 22 |
| 70th Percentile | 36 |
| Max | 116 589.8 |
Other Multiples
Oceanic Iron Ore Corp
Glance View
Oceanic Iron Ore Corp. is an exploration stage company. The company is headquartered in Vancouver, British Columbia. The firm is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The Company’s project includes Ungava Bay Iron Deposits. The Ungava Bay iron properties comprise approximately 3,703 claims over three project areas, Hopes Advance, Morgan Lake and Roberts Lake, which are located approximately 1,568 square kilometers along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec. The projects cover approximately 300 kilometers (km) of iron formation and all the deposits are located within 20-50 km of tidewater.
