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Precision Optics (Precision Optics) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Precision Optics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Precision Optics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Precision Optics'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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Precision Optics Cyclically Adjusted Price-to-FCF Chart

Precision Optics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Precision Optics 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 Precision Optics's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Precision Optics'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.


Precision Optics's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision Optics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Precision Optics 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.

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

For example, Precision Optics'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)
=-0.054/131.7762*131.7762
=-0.054

Current CPI (Mar. 2024) = 131.7762.

Precision Optics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.146 100.560 -0.191
201409 -0.308 100.428 -0.404
201412 -0.049 99.070 -0.065
201503 -0.033 99.621 -0.044
201506 -0.024 100.684 -0.031
201509 -0.062 100.392 -0.081
201512 -0.166 99.792 -0.219
201603 -0.091 100.470 -0.119
201606 -0.050 101.688 -0.065
201609 0.061 101.861 0.079
201612 -0.172 101.863 -0.223
201703 -0.120 102.862 -0.154
201706 -0.013 103.349 -0.017
201709 -0.043 104.136 -0.054
201712 0.060 104.011 0.076
201803 -0.052 105.290 -0.065
201806 0.061 106.317 0.076
201809 -0.014 106.507 -0.017
201812 -0.156 105.998 -0.194
201903 -0.104 107.251 -0.128
201906 -0.028 108.070 -0.034
201909 -0.007 108.329 -0.009
201912 -0.116 108.420 -0.141
202003 0.069 108.902 0.083
202006 -0.118 108.767 -0.143
202009 -0.047 109.815 -0.056
202012 -0.014 109.897 -0.017
202103 0.024 111.754 0.028
202106 0.020 114.631 0.023
202109 -0.048 115.734 -0.055
202112 -0.098 117.630 -0.110
202203 -0.037 121.301 -0.040
202206 -0.022 125.017 -0.023
202209 0.030 125.227 0.032
202212 -0.032 125.222 -0.034
202303 0.088 127.348 0.091
202306 -0.100 128.729 -0.102
202309 -0.234 129.860 -0.237
202312 -0.041 129.419 -0.042
202403 -0.054 131.776 -0.054

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.


Precision Optics  (NAS:POCI) 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.


Precision Optics Cyclically Adjusted Price-to-FCF Related Terms

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Precision Optics (Precision Optics) Business Description

Traded in Other Exchanges
N/A
Address
22 East Broadway, Gardner, MA, USA, 01440
Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.
Executives
Wayne M Coll officer: Chief Financial Officer
Mahesh Lawande officer: Chief Operating Officer 14 PUTNAM ROAD, ACTON MA 01720
Edward Kevin Dahill officer: Interim CFO 137 HOLLOW TREE RIDGE ROAD, DARIEN CT 06820
Peter V. Anania director, 10 percent owner C/O PRECISION OPTICS CORPORATION, INC., 22 EAST BROADWAY, GARDNER MA 01440
Norman H Pessin 10 percent owner C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin 10 percent owner C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin 10 percent owner 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Jeffrey Dirubio officer: VP of Sales and Marketing 22 EAST BROADWAY, GARDNER MA 01440
Stuart Steinberg 10 percent owner 85 BELLEVUE AVENUE, RYE NY 10580
Daniel S Habhegger officer: Chief Financial Officer 22 EAST BROADWAY, GARDNER MA 01440
Divaker Mangadu officer: Pres., Ross Optical Division 22 EAST BROADWAY, GARDNER MA 01440
Hershey Strategic Capital, Lp 10 percent owner C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Peter H Woodward director 30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
Andrew J Miclow director C/O PRECISION OPTICS CORPORATION INC., 22 EAST BROADWAY, GARDNER MA 01440
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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