Advance Nanotek P/FCF
What is the P/FCF of Advance Nanotek?
The P/FCF of Advance Nanotek Limited is 118.45
What is the definition of P/FCF?
Price to free cash flow (P/FCF) is a valuation metric that compares the company’s current share price to its free cash flow per share.
ttm (trailing twelve months)
Price to free cash flow (P/FCF) is a measure that value investors find useful to analyze a company’s finances in relation to its current stock price. It is a stricter measure than the price to cash flow ratio as it subtracts capital expenditures from cash flow.
Free cash flow relies heavily on the state of a company's cash from operations, which is in turn heavily influenced by the company's net income. Companies can manipulate their free cash flow by lengthening the time they take to pay their bills, shortening the time it takes to collect what's owed to them, and putting off buying inventory. It also depends on what items are considered capital expenditures and this can be different in case of different companies.
Lower values of P/FCF generally indicate a company that is undervalued and whose stock is relatively cheap in relation to its free cash flow. Conversely, higher P/FCF indicate that the company's stock is relatively overvalued. Value investors thus favor companies with low or decreasing price to free cash flow values that indicate high or increasing free cash flow totals and relatively low stock share prices.
It is best to compare price to free cash flow ratios between similar companies in the same industry. However, the P/FCF metric can also be viewed over a longer time frame to see if the company's cash flow to share price value is improving or declining.
P/FCF of companies in the Materials sector on ASX compared to Advance Nanotek
What does Advance Nanotek do?
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.
Companies with p/fcf similar to Advance Nanotek
- Henderson Alternative Strategies Trust Plc has P/FCF of 117.32
- Bombardier has P/FCF of 117.53
- Molina Healthcare Inc has P/FCF of 117.89
- Cognex has P/FCF of 118.08
- Internet of Things has P/FCF of 118.18
- Aurora Spine has P/FCF of 118.22
- Advance Nanotek has P/FCF of 118.45
- Transact Technologies has P/FCF of 119.02
- American Homes 4 Rent has P/FCF of 119.12
- Methode Electronics has P/FCF of 119.57
- Telenav Inc has P/FCF of 119.69
- Aurora Spine has P/FCF of 119.83
- Seaboard has P/FCF of 119.95