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Alliance Fiber Optic Products (Alliance Fiber Optic Products) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is Alliance Fiber Optic Products Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-26), Alliance Fiber Optic Products's Intrinsic Value: Projected FCF is $0.00. The stock price of Alliance Fiber Optic Products is $18.51. Therefore, Alliance Fiber Optic Products's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Alliance Fiber Optic Products's Intrinsic Value: Projected FCF or its related term are showing as below:

AFOP's Price-to-Projected-FCF is not ranked *
in the Hardware industry.
Industry Median: 1.4
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Alliance Fiber Optic Products Intrinsic Value: Projected FCF Historical Data

The historical data trend for Alliance Fiber Optic Products's Intrinsic Value: Projected 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.

Alliance Fiber Optic Products Intrinsic Value: Projected FCF Chart

Alliance Fiber Optic Products Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 5.87 7.88 9.99 10.40

Alliance Fiber Optic Products Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Intrinsic Value: Projected 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 10.63 11.57 11.39 10.40 12.40

Competitive Comparison of Alliance Fiber Optic Products's Intrinsic Value: Projected FCF

For the Electronic Components subindustry, Alliance Fiber Optic Products's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Alliance Fiber Optic Products's Price-to-Projected-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alliance Fiber Optic Products's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Alliance Fiber Optic Products's Price-to-Projected-FCF falls into.



Alliance Fiber Optic Products Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Alliance Fiber Optic Products's Free Cash Flow(6 year avg) = $9.18.

Alliance Fiber Optic Products's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar16)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*9.18304+63.301*0.8)/15.789
=11.85

* 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.


Alliance Fiber Optic Products  (NAS:AFOP) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Alliance Fiber Optic Products's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=18.51/11.851614405994
=1.56

* 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.


Alliance Fiber Optic Products Intrinsic Value: Projected FCF Related Terms

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Alliance Fiber Optic Products (Alliance Fiber Optic Products) Business Description

Traded in Other Exchanges
N/A
Address
Alliance Fiber Optic Products Inc was incorporated in California on December 12, 1995. The Company designs, manufactures and markets fiber optic components and integrated modules incorporating these components, for communications equipment manufacturers and service providers. The Company products including interconnect devices that are used to connect optical fibers and components, couplers and splitters that are used to divide and combine optical power, and dense wavelength division multiplexing, or DWDM, devices that separate and combine multiple specific wavelengths. Its lines of optical products support the needs of current and next generation optical network systems applications. Its connectivity product family provides a comprehensive line of optical interconnect devices, couplers and splitters, PLC (planar lightwave circuits) and related optical products, as well as customized integrated modules incorporating these devices. Its optical passive products include WDM, CWDM and DWDM components and modules that utilize thin film filter technologies to separate optical signals, variable attenuators, optical switches and other optical devices utilizing micro optic lensing technology including integrated electro-optical modules incorporating these products. It sells its products to communications equipment manufacturers in the United States and also maintain a sales support staff in Taiwan to service customers based in the Asia Pacific region. The Companys main competitors in the components market include JDS Uniphase Corp., Oclaro Inc., Oplink Communications, Inc., Senko Advanced Components and TE Connectivity.
Executives
Hon Hai Precision Ind. Co., Ltd. 10 percent owner NO. 2 ZIYOU ST. TUCHENG DISTRICT, NEW TAIPEI F4 23678
Richard B Black director

Alliance Fiber Optic Products (Alliance Fiber Optic Products) Headlines