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Inrad Optics (Inrad Optics) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is Inrad Optics Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Inrad Optics's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.027. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Inrad Optics was 12.60% per year. The lowest was -26.00% per year. And the median was -14.50% per year.

As of today (2024-06-04), Inrad Optics's current stock price is $1.08. Inrad Optics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Inrad Optics's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Inrad Optics was 25.00. The lowest was 3.33. And the median was 10.00.


Inrad Optics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Inrad Optics's Cyclically Adjusted FCF per Share 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.

Inrad Optics Cyclically Adjusted FCF per Share Chart

Inrad Optics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.04 -0.03 -0.02 -

Inrad Optics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.01 -0.01 -0.01 - -

Competitive Comparison of Inrad Optics's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Inrad 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.


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

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

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



Inrad Optics Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Inrad 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)
=-0.027/131.7762*131.7762
=-0.027

Current CPI (Mar. 2024) = 131.7762.

Inrad Optics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.081 100.560 -0.106
201409 -0.005 100.428 -0.007
201412 0.013 99.070 0.017
201503 0.003 99.621 0.004
201506 -0.015 100.684 -0.020
201509 0.026 100.392 0.034
201512 -0.028 99.792 -0.037
201603 -0.009 100.470 -0.012
201606 0.031 101.688 0.040
201609 0.038 101.861 0.049
201612 -0.023 101.863 -0.030
201703 -0.012 102.862 -0.015
201706 -0.008 103.349 -0.010
201709 -0.003 104.136 -0.004
201712 0.016 104.011 0.020
201803 -0.018 105.290 -0.023
201806 0.015 106.317 0.019
201809 0.014 106.507 0.017
201812 0.021 105.998 0.026
201903 -0.007 107.251 -0.009
201906 -0.019 108.070 -0.023
201909 0.003 108.329 0.004
201912 0.010 108.420 0.012
202003 -0.008 108.902 -0.010
202006 0.015 108.767 0.018
202009 -0.030 109.815 -0.036
202012 -0.034 109.897 -0.041
202103 -0.006 111.754 -0.007
202106 0.032 114.631 0.037
202109 0.023 115.734 0.026
202112 -0.002 117.630 -0.002
202203 -0.016 121.301 -0.017
202206 0.000 125.017 0.000
202209 0.011 125.227 0.012
202212 0.019 125.222 0.020
202303 -0.002 127.348 -0.002
202306 0.014 128.729 0.014
202309 0.039 129.860 0.040
202312 0.005 129.419 0.005
202403 -0.027 131.776 -0.027

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Inrad Optics  (OTCPK:INRD) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Inrad Optics was 25.00. The lowest was 3.33. And the median was 10.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Inrad Optics Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Inrad Optics's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Inrad Optics (Inrad Optics) Business Description

Industry
Traded in Other Exchanges
N/A
Address
181 Legrand Avenue, Northvale, NJ, USA, 07647
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
Executives
Dennis G Romano director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Norman E. Strandlund director 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Amy Eskilson officer: CEO RIVERCREST CO-OP, 103 GEDNEY ST., APT 1H, NYACK NY 10960
George F Murray officer: VP SALES & MARKETING INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Thomas Caughey director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Theresa A Balog officer: Chief Financial Officer C/O INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Jan M Winston director 141 LANSDOWNE, WESTPORT CT 06880
John M Duich officer: VP Operations Sarasota C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Joseph J Rutherford director, officer: President/CEO C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Miroslav Dosoudil officer: VP Operations C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
John R Ryan officer: VP Sales & Marketing C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Lavalle Luke P Jr director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
William Brucker officer: VP, Human Resources C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
William J Foote officer: CHIEF FINANCIAL OFFICER C/O PPGI, 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Daniel Lehrfeld officer: President & CEO 34 GREENWOOD DRIVE, NEW CITY NY 10956

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