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Optical Cable (FRA:OCC) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Optical Cable Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Optical Cable Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Optical Cable'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.

Optical Cable Cyclically Adjusted Price-to-FCF Chart

Optical Cable Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.68 285.05 200.70 - -

Optical Cable Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Optical Cable's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Optical Cable'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.


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

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

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



Optical Cable 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.

Optical Cable's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Optical Cable's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.04/130.1244*130.1244
=-0.040

Current CPI (Jan. 2024) = 130.1244.

Optical Cable Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.146 100.023 -0.190
201407 0.051 100.520 0.066
201410 0.132 100.176 0.171
201501 -0.029 98.604 -0.038
201504 -0.194 99.824 -0.253
201507 -0.043 100.691 -0.056
201510 -0.036 100.346 -0.047
201601 -0.044 99.957 -0.057
201604 0.047 100.947 0.061
201607 0.166 101.524 0.213
201610 0.153 101.988 0.195
201701 -0.020 102.456 -0.025
201704 -0.082 103.167 -0.103
201707 -0.093 103.278 -0.117
201710 0.016 104.070 0.020
201801 -0.045 104.578 -0.056
201804 -0.309 105.708 -0.380
201807 0.420 106.324 0.514
201810 0.223 106.695 0.272
201901 -0.174 106.200 -0.213
201904 0.067 107.818 0.081
201907 0.044 108.250 0.053
201910 -0.030 108.577 -0.036
202001 0.059 108.841 0.071
202004 -0.175 108.173 -0.211
202007 -0.195 109.318 -0.232
202010 -0.133 109.861 -0.158
202101 0.052 110.364 0.061
202104 -0.107 112.673 -0.124
202107 0.015 115.183 0.017
202110 0.255 116.696 0.284
202201 -0.229 118.619 -0.251
202204 -0.148 121.978 -0.158
202207 0.158 125.002 0.164
202210 0.006 125.734 0.006
202301 -0.087 126.223 -0.090
202304 -0.115 127.992 -0.117
202307 0.049 128.974 0.049
202310 0.046 129.810 0.046
202401 -0.040 130.124 -0.040

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.


Optical Cable  (FRA:OCC) 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.


Optical Cable Cyclically Adjusted Price-to-FCF Related Terms

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


Optical Cable (FRA:OCC) Business Description

Industry
Traded in Other Exchanges
Address
5290 Concourse Drive, Roanoke, VA, USA, 24019
Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, broadcast, oil & gas, and others.