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Kopin (KOPN) Cyclically Adjusted Price-to-FCF : (As of May. 14, 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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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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 Dec. 2023 is calculated as:

For example, Kopin's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.036/129.4194*129.4194
=-0.036

Current CPI (Dec. 2023) = 129.4194.

Kopin Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.105 99.695 -0.136
201406 -0.119 100.560 -0.153
201409 -0.078 100.428 -0.101
201412 -0.034 99.070 -0.044
201503 -0.092 99.621 -0.120
201506 -0.059 100.684 -0.076
201509 -0.026 100.392 -0.034
201512 -0.107 99.792 -0.139
201603 -0.091 100.470 -0.117
201606 -0.106 101.688 -0.135
201609 -0.121 101.861 -0.154
201612 -0.097 101.863 -0.123
201703 -0.107 102.862 -0.135
201706 -0.097 103.349 -0.121
201709 -0.103 104.136 -0.128
201712 -0.104 104.011 -0.129
201803 -0.090 105.290 -0.111
201806 -0.100 106.317 -0.122
201809 -0.098 106.507 -0.119
201812 -0.111 105.998 -0.136
201903 -0.106 107.251 -0.128
201906 -0.044 108.070 -0.053
201909 -0.066 108.329 -0.079
201912 -0.052 108.420 -0.062
202003 -0.049 108.902 -0.058
202006 -0.036 108.767 -0.043
202009 0.005 109.815 0.006
202012 0.020 109.897 0.024
202103 -0.007 111.754 -0.008
202106 -0.064 114.631 -0.072
202109 -0.040 115.734 -0.045
202112 -0.021 117.630 -0.023
202203 -0.031 121.301 -0.033
202206 -0.102 125.017 -0.106
202209 -0.045 125.227 -0.047
202212 -0.025 125.222 -0.026
202303 -0.042 127.348 -0.043
202306 -0.036 128.729 -0.036
202309 -0.036 129.860 -0.036
202312 -0.036 129.419 -0.036

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  (NAS:KOPN) 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 (KOPN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kopin Corp (NAS:KOPN) » 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.
Executives
Fan John C C officer: CEO & President 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Scott L Anchin director 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Hsieh Chi Chia Dr director MICROCELECTRONICS TECHNOLOGY INC, 1 INNOVATION RD II HISINCHU SCIENCE BASE, HSINCH 30077 TAIWAN ROC F5 02780
James K Brewington director 600 MOUNTAIN AVE, MURRAY HILL NJ 07974
Michael Andrew Murray officer: CEO KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01851
Morton Collins director
Paul Christopher Baker officer: Strategic Business Officer C/O KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01581
Jill Janice Avery director 381 BEACON STREET, BOSTON MA 02116
David Brook director 6 DUSTON LANE, ACTON MA 01720
Richard Sneider officer: CFO 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Hong K Choi officer: CTO C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Bor Yeu Tsaur officer: Executive Vice President C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Osgood Richard Hoe Iii director 20 HUNTER RANCH ROAD, NAPA CA 94558
Goertek Inc. 10 percent owner NO. 268, DONGFANG ROAD, HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE, WEIFANG, SHANDONG PROVINCE F4 261031
Andrew Chapman director NARAD NETWORKS, 515 GROTON ROAD, WESTFORD MA 01886