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LightPath Technologies (FRA:LPZB) Cyclically Adjusted FCF per Share : €-0.01 (As of Mar. 2025)


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What is LightPath Technologies Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

LightPath Technologies's adjusted free cash flow per share for the three months ended in Mar. 2025 was €-0.082. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-0.01 for the trailing ten years ended in Mar. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of LightPath Technologies was 51.90% per year. The lowest was 6.60% per year. And the median was 34.90% per year.

As of today (2025-05-28), LightPath Technologies's current stock price is €1.96. LightPath Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €-0.01. LightPath Technologies's Cyclically Adjusted Price-to-FCF of today is .


LightPath Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LightPath Technologies's Cyclically Adjusted FCF per Share 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.

LightPath Technologies Cyclically Adjusted FCF per Share Chart

LightPath Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.01 -0.01 -0.02 -

LightPath Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 -0.01 - -0.01 - -0.01

Competitive Comparison of LightPath Technologies's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, LightPath Technologies'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.


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

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

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


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LightPath Technologies Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, LightPath Technologies's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.082/134.9266*134.9266
=-0.082

Current CPI (Mar. 2025) = 134.9266.

LightPath Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.034 100.684 0.046
201509 0.033 100.392 0.044
201512 -0.010 99.792 -0.014
201603 0.002 100.470 0.003
201606 -0.004 101.688 -0.005
201609 0.028 101.861 0.037
201612 0.007 101.863 0.009
201703 0.031 102.862 0.041
201706 0.043 103.349 0.056
201709 0.008 104.136 0.010
201712 -0.017 104.011 -0.022
201803 0.014 105.290 0.018
201806 -0.003 106.317 -0.004
201809 -0.032 106.507 -0.041
201812 -0.020 105.998 -0.025
201903 -0.002 107.251 -0.003
201906 0.004 108.070 0.005
201909 0.007 108.329 0.009
201912 -0.013 108.420 -0.016
202003 0.019 108.902 0.024
202006 0.029 108.767 0.036
202009 -0.017 109.815 -0.021
202012 -0.002 109.897 -0.002
202103 0.031 111.754 0.037
202106 0.038 114.631 0.045
202109 -0.089 115.734 -0.104
202112 0.044 117.630 0.050
202203 0.011 121.301 0.012
202206 0.034 125.017 0.037
202209 -0.025 125.227 -0.027
202212 -0.018 125.222 -0.019
202303 -0.055 127.348 -0.058
202306 -0.065 128.729 -0.068
202309 0.005 129.860 0.005
202312 -0.020 129.419 -0.021
202403 -0.019 131.776 -0.019
202406 -0.005 132.554 -0.005
202409 -0.041 133.029 -0.042
202412 -0.020 133.157 -0.020
202503 -0.082 134.927 -0.082

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


LightPath Technologies  (FRA:LPZB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


LightPath Technologies Cyclically Adjusted FCF per Share Related Terms

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


LightPath Technologies Business Description

Industry
Traded in Other Exchanges
Address
2603 Challenger Tech Court, Suite 100, Orlando, FL, USA, 32826
LightPath Technologies Inc is a manufacturer, distributor, and integrator of proprietary optical components and assemblies. It is also engaged in the research and development for optical solutions for the traditional optics markets and communications markets. The company's business based on the following product groups: precision molded optics, specialty products, and infrared products. It currently serves the following major markets, distribution and catalog, laser, industrial, instrumentation, telecommunications, and defense.

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