GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optiscan Imaging Ltd (ASX:OIL) » Definitions » Cyclically Adjusted Price-to-FCF

Optiscan Imaging (ASX:OIL) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Optiscan Imaging Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Optiscan Imaging Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Optiscan Imaging's Cyclically Adjusted Price-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.

Optiscan Imaging Cyclically Adjusted Price-to-FCF Chart

Optiscan Imaging Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Optiscan Imaging Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Optiscan Imaging's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Optiscan Imaging's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-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.


Optiscan Imaging's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optiscan Imaging's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Optiscan Imaging's Cyclically Adjusted Price-to-FCF falls into.



Optiscan Imaging Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Optiscan Imaging's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Optiscan Imaging's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.005/124.1700*124.1700
=-0.005

Current CPI (Jun23) = 124.1700.

Optiscan Imaging Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 98.352 -0.005
201506 -0.007 99.838 -0.009
201606 -0.002 100.859 -0.002
201706 -0.011 102.809 -0.013
201806 -0.006 104.945 -0.007
201906 -0.003 106.617 -0.003
202006 -0.003 106.246 -0.004
202106 -0.004 110.332 -0.005
202206 -0.006 117.112 -0.006
202306 -0.005 124.170 -0.005

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Optiscan Imaging  (ASX:OIL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Optiscan Imaging Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Optiscan Imaging's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Optiscan Imaging (ASX:OIL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170
Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.

Optiscan Imaging (ASX:OIL) Headlines

From GuruFocus

Energy Investor T. Boone Pickens' 3 New Oil Stock Picks

By Holly LaFon Holly LaFon 01-07-2015

Arnold Van Den Berg's Century Management Energy Industry Update

By Holly LaFon Holly LaFon 04-26-2015

Westwood Holdings Group: 3 Reasons We're Bullish on Midstream MLPs

By Holly LaFon Holly LaFon 01-17-2018

Arnold Van Den Berg's CM Outlook for Oil - January 2016

By Holly LaFon Holly LaFon 01-11-2016

Wilbur Ross: Oil Won't Go Above $50 'For a Long Time'

By Holly LaFon Holly LaFon 06-21-2016

The Oil Price War

By Gordon Pape Gordon Pape 11-10-2014

T. Boone Pickens Calls an Oil Bottom

By Ryan Vanzo R. Vanzo 01-21-2016

3 Reasons to Own Commodity Stocks, Not Commodities

By Ryan Vanzo Ryan Vanzo 09-09-2016