Cannon Resources (ASX:CNR) EV-to-FCF : (As of Jun. 08, 2024)

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What is Cannon Resources EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Cannon Resources's Enterprise Value is A$39.49 Mil. Cannon Resources does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Cannon Resources's EV-to-FCF at this moment.

The historical rank and industry rank for Cannon Resources's EV-to-FCF or its related term are showing as below:

ASX:CNR's EV-to-FCF is not ranked ^*
in the Metals & Mining industry.
Industry Median: 15.7
* Ranked among companies with meaningful EV-to-FCF only.

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-08), Cannon Resources's stock price is A$0.445. Cannon Resources does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Cannon Resources's PE Ratio at this moment.

Cannon Resources EV-to-FCF Historical Data

The historical data trend for Cannon Resources's EV-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.

* Premium members only.

Cannon Resources EV-to-FCF Chart

Cannon Resources Annual Data

Trend

Jun22

EV-to-FCF

-4.51

Cannon Resources Semi-Annual Data
	Dec21	Jun22
EV-to-FCF	-	-

Competitive Comparison of Cannon Resources's EV-to-FCF

For the Other Industrial Metals & Mining subindustry, Cannon Resources's EV-to-FCF, along with its competitors' market caps and EV-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.

Cannon Resources's EV-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cannon Resources's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Cannon Resources's EV-to-FCF falls into.

Cannon Resources EV-to-FCF Calculation

Cannon Resources's EV-to-FCF for today is calculated as:

EV-to-FCF	=	Enterprise Value (Today)	/	Free Cash Flow (TTM)
	=	39.485	/
	=

Cannon Resources (ASX:CNR) EV-to-FCF Explanation

Cannon Resources's PE Ratio for today is calculated as:

PE Ratio	=	Share Price (Today)	/	Earnings per Share (Diluted) (TTM)
	=	0.445	/
	=

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.

Cannon Resources EV-to-FCF Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » EV-to-FCF

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.