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Opnet Technologies Co (ROCO:8034) Cyclically Adjusted Price-to-FCF : 53.00 (As of May. 16, 2024)


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What is Opnet Technologies Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Opnet Technologies Co's current share price is NT$23.85. Opnet Technologies Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.45. Opnet Technologies Co's Cyclically Adjusted Price-to-FCF for today is 53.00.

The historical rank and industry rank for Opnet Technologies Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROCO:8034' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.24   Med: 131   Max: 530
Current: 53.14

During the past years, Opnet Technologies Co's highest Cyclically Adjusted Price-to-FCF was 530.00. The lowest was 44.24. And the median was 131.00.

ROCO:8034's Cyclically Adjusted Price-to-FCF is ranked worse than
69.65% of 962 companies
in the Hardware industry
Industry Median: 29.755 vs ROCO:8034: 53.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Opnet Technologies Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was NT$2.040. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is NT$0.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Opnet Technologies Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Opnet Technologies Co'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.

Opnet Technologies Co Cyclically Adjusted Price-to-FCF Chart

Opnet Technologies Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 175.88 471.39 48.72 93.66

Opnet Technologies Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 44.67 137.68 301.37 93.66 60.34

Competitive Comparison of Opnet Technologies Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Opnet Technologies Co'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.


Opnet Technologies Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Opnet Technologies Co's Cyclically Adjusted Price-to-FCF falls into.



Opnet Technologies Co 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.

Opnet Technologies Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.85/0.45
=53.00

* 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.

Opnet Technologies Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Opnet Technologies Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.04/131.7762*131.7762
=2.040

Current CPI (Mar. 2024) = 131.7762.

Opnet Technologies Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.344 100.560 -0.451
201409 0.252 100.428 0.331
201412 0.175 99.070 0.233
201503 -0.126 99.621 -0.167
201506 -0.057 100.684 -0.075
201509 -0.429 100.392 -0.563
201512 -0.095 99.792 -0.125
201603 -0.012 100.470 -0.016
201606 -0.117 101.688 -0.152
201609 -0.285 101.861 -0.369
201612 -0.507 101.863 -0.656
201703 0.246 102.862 0.315
201706 -0.186 103.349 -0.237
201709 -1.094 104.136 -1.384
201712 -0.512 104.011 -0.649
201803 1.278 105.290 1.599
201806 -0.441 106.317 -0.547
201809 0.282 106.507 0.349
201812 -0.620 105.998 -0.771
201903 0.724 107.251 0.890
201906 0.347 108.070 0.423
201909 -0.577 108.329 -0.702
201912 0.088 108.420 0.107
202003 2.687 108.902 3.251
202006 -0.646 108.767 -0.783
202009 -0.533 109.815 -0.640
202012 -0.031 109.897 -0.037
202103 0.696 111.754 0.821
202106 0.301 114.631 0.346
202109 -0.713 115.734 -0.812
202112 0.609 117.630 0.682
202203 2.220 121.301 2.412
202206 -0.707 125.017 -0.745
202209 -0.900 125.227 -0.947
202212 1.837 125.222 1.933
202303 -0.135 127.348 -0.140
202306 -1.244 128.729 -1.273
202309 -1.194 129.860 -1.212
202312 2.239 129.419 2.280
202403 2.040 131.776 2.040

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.


Opnet Technologies Co  (ROCO:8034) 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.


Opnet Technologies Co Cyclically Adjusted Price-to-FCF Related Terms

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


Opnet Technologies Co (ROCO:8034) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd Floor Number 5, Industry E. Road, IX Hsinchu Science Park, Hsinchu, TWN, 30075
Opnet Technologies Co Ltd is primarily engaged in the research, development, production, manufacturing, and sales of optical fiber broadband user access network systems, synchronous and asynchronous digital transmission multiplexers, high-speed, asymmetric and symmetric of digital subscriber loop system, broadband modem, router and access system, broadband wireless communication equipment, digital data and voice integrated access equipment. The Company has two reportable segments: Access Network and Broadband Equipment and Transmission Equipment. The company generates majority of the revenue from Access Network and Broadband Equipment segment. Its products in Network Access include DLC, MSAN, IP DSLAM, G.SHDSL, VoIP gateway and GPON/EPON.

Opnet Technologies Co (ROCO:8034) Headlines

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