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Optical Cable (Optical Cable) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 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.

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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)
=-0.044/129.4194*129.4194
=-0.044

Current CPI (Jan. 2024) = 129.4194.

Optical Cable Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.202 100.023 -0.261
201407 0.069 100.520 0.089
201410 0.168 100.176 0.217
201501 -0.034 98.604 -0.045
201504 -0.210 99.824 -0.272
201507 -0.047 100.691 -0.060
201510 -0.040 100.346 -0.052
201601 -0.048 99.957 -0.062
201604 0.053 100.947 0.068
201607 0.184 101.524 0.235
201610 0.169 101.988 0.214
201701 -0.021 102.456 -0.027
201704 -0.087 103.167 -0.109
201707 -0.107 103.278 -0.134
201710 0.019 104.070 0.024
201801 -0.055 104.578 -0.068
201804 -0.379 105.708 -0.464
201807 0.491 106.324 0.598
201810 0.256 106.695 0.311
201901 -0.198 106.200 -0.241
201904 0.075 107.818 0.090
201907 0.049 108.250 0.059
201910 -0.034 108.577 -0.041
202001 0.065 108.841 0.077
202004 -0.190 108.173 -0.227
202007 -0.224 109.318 -0.265
202010 -0.157 109.861 -0.185
202101 0.064 110.364 0.075
202104 -0.128 112.673 -0.147
202107 0.018 115.183 0.020
202110 0.296 116.696 0.328
202201 -0.259 118.619 -0.283
202204 -0.160 121.978 -0.170
202207 0.160 125.002 0.166
202210 0.006 125.734 0.006
202301 -0.093 126.223 -0.095
202304 -0.126 127.992 -0.127
202307 0.054 128.974 0.054
202310 0.049 129.810 0.049
202401 -0.044 129.419 -0.044

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  (NAS: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 (Optical Cable) 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.
Executives
Randall H Frazier director
Wilkin Neil D Jr director, officer: President and CFO
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030
Nygren John A Jr director 567 SEAFORD LANE, MATHEWS VA 23109
Craig H Weber director
William Russell Reynolds officer: SR VP OF SALES 106 DISTANT VIEW DRIVE, ASHEVILLE NC 28803
Tracy G Smith officer: Chief Financial Officer
Luke J Huybrechts director, officer: SVP Sales
Charles W Carson officer: SVP Marketing & Strategy
Ted W Leonard officer: VP Sales - USA
John M Holland director