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Kopin (FRA:KOC) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Kopin Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kopin Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kopin'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.

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Kopin Cyclically Adjusted Price-to-FCF Chart

Kopin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Kopin Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Kopin's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Kopin'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.


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

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

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



Kopin 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.

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

For example, Kopin'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)
=-0.026/131.7762*131.7762
=-0.026

Current CPI (Mar. 2024) = 131.7762.

Kopin Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.087 100.560 -0.114
201409 -0.061 100.428 -0.080
201412 -0.028 99.070 -0.037
201503 -0.085 99.621 -0.112
201506 -0.052 100.684 -0.068
201509 -0.023 100.392 -0.030
201512 -0.098 99.792 -0.129
201603 -0.081 100.470 -0.106
201606 -0.094 101.688 -0.122
201609 -0.108 101.861 -0.140
201612 -0.092 101.863 -0.119
201703 -0.100 102.862 -0.128
201706 -0.086 103.349 -0.110
201709 -0.086 104.136 -0.109
201712 -0.088 104.011 -0.111
201803 -0.073 105.290 -0.091
201806 -0.086 106.317 -0.107
201809 -0.084 106.507 -0.104
201812 -0.098 105.998 -0.122
201903 -0.094 107.251 -0.115
201906 -0.039 108.070 -0.048
201909 -0.060 108.329 -0.073
201912 -0.047 108.420 -0.057
202003 -0.044 108.902 -0.053
202006 -0.032 108.767 -0.039
202009 0.004 109.815 0.005
202012 0.016 109.897 0.019
202103 -0.006 111.754 -0.007
202106 -0.053 114.631 -0.061
202109 -0.034 115.734 -0.039
202112 -0.019 117.630 -0.021
202203 -0.028 121.301 -0.030
202206 -0.097 125.017 -0.102
202209 -0.045 125.227 -0.047
202212 -0.023 125.222 -0.024
202303 -0.039 127.348 -0.040
202306 -0.033 128.729 -0.034
202309 -0.033 129.860 -0.033
202312 -0.033 129.419 -0.034
202403 -0.026 131.776 -0.026

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.


Kopin  (FRA:KOC) 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.


Kopin Cyclically Adjusted Price-to-FCF Related Terms

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Kopin (FRA:KOC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kopin Corp (FRA:KOC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
125 North Drive, Westborough, MA, USA, 01581-3335
Kopin Corp is a developer, manufacturer, and seller of components, subassemblies, and head-worn and hand-held systems. It serves soldiers, avionic, armored vehicles and training and simulation military applications, and others. The company's product portfolio includes LCD; ferroelectric liquid crystal on silicon devices (FLCoS); Organic Light Emitting Diodes (OLED) and others. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia-Pacific; Europe, and Other Countries.

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