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Omega Flex (Omega Flex) Cyclically Adjusted Price-to-FCF : 31.66 (As of May. 24, 2024)


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What is Omega Flex Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Omega Flex's current share price is $64.90. Omega Flex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.05. Omega Flex's Cyclically Adjusted Price-to-FCF for today is 31.66.

The historical rank and industry rank for Omega Flex's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OFLX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.57   Med: 58.59   Max: 135.04
Current: 32.59

During the past years, Omega Flex's highest Cyclically Adjusted Price-to-FCF was 135.04. The lowest was 28.57. And the median was 58.59.

OFLX's Cyclically Adjusted Price-to-FCF is ranked better than
51.23% of 1013 companies
in the Industrial Products industry
Industry Median: 33.62 vs OFLX: 32.59

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.

Omega Flex's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.222. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Omega Flex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Omega Flex'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.

Omega Flex Cyclically Adjusted Price-to-FCF Chart

Omega Flex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.97 106.69 75.10 50.49 35.76

Omega Flex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 59.01 52.93 40.73 35.76 34.64

Competitive Comparison of Omega Flex's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Omega Flex'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.


Omega Flex's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omega Flex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Omega Flex 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.

Omega Flex's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.90/2.05
=31.66

* 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.

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

For example, Omega Flex'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)
=0.222/131.7762*131.7762
=0.222

Current CPI (Mar. 2024) = 131.7762.

Omega Flex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.408 100.560 0.535
201409 0.515 100.428 0.676
201412 0.662 99.070 0.881
201503 -0.103 99.621 -0.136
201506 0.374 100.684 0.489
201509 0.382 100.392 0.501
201512 0.598 99.792 0.790
201603 0.201 100.470 0.264
201606 0.224 101.688 0.290
201609 0.282 101.861 0.365
201612 0.732 101.863 0.947
201703 -0.283 102.862 -0.363
201706 0.430 103.349 0.548
201709 0.493 104.136 0.624
201712 0.841 104.011 1.065
201803 -0.050 105.290 -0.063
201806 0.583 106.317 0.723
201809 0.524 106.507 0.648
201812 0.839 105.998 1.043
201903 -0.124 107.251 -0.152
201906 0.556 108.070 0.678
201909 0.425 108.329 0.517
201912 0.611 108.420 0.743
202003 0.060 108.902 0.073
202006 0.843 108.767 1.021
202009 0.183 109.815 0.220
202012 0.771 109.897 0.924
202103 0.183 111.754 0.216
202106 0.854 114.631 0.982
202109 0.196 115.734 0.223
202112 1.162 117.630 1.302
202203 -0.392 121.301 -0.426
202206 0.428 125.017 0.451
202209 0.335 125.227 0.353
202212 1.045 125.222 1.100
202303 0.101 127.348 0.105
202306 0.755 128.729 0.773
202309 0.139 129.860 0.141
202312 1.163 129.419 1.184
202403 0.222 131.776 0.222

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.


Omega Flex  (NAS:OFLX) 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.


Omega Flex Cyclically Adjusted Price-to-FCF Related Terms

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


Omega Flex (Omega Flex) Business Description

Industry
Traded in Other Exchanges
N/A
Address
451 Creamery Way, Exton, PA, USA, 19341-2509
Omega Flex Inc is a manufacturer of flexible metal hoses. It operates in the segment of manufacture and sale of flexible metal hose and accessories which are used for gas piping within residential and commercial buildings. Omega sells its products under the TracPipe, CounterStrike, DoubleTrac, AutoFlare, DEF-Trac, SolarTrac, and AutoSnap brands. It serves various markets which include construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. Geographically Omega Flex, Inc operates in the United States.
Executives
Susan B. Asch officer: General Counsel & Secretary 451 CREAMERY WAY, EXTON PA 19341
Matthew Francis Unger officer: Vice President - CFO C/O OMEGA FLEX, INC., 451 CREAMERY WAY, EXTON PA 19341
Dean W. Rivest officer: President 451 CREAMERY WAY, EXTON PA 19341
Edwin B. Moran officer: Executive Vice President 451 CREAMERY WAY, EXTON PA 19341
Timothy P. Scanlan officer: Secretary 213 COURT STREET, MIDDLETOWN CT 06457
Mark F Albino director, officer: COO & Exec VP 451 CREAMERY WAY, EXTON PA 19341
Stewart B Reed director 260 NORTH ELM STREET, WESTFIELD MA 01085
Kevin R Hoben director, 10 percent owner, officer: President 451 CREAMERY WAY, EXTON PA 19341
Derek Glanvill director 10088 CARTERS MANOR DRIVE, LADUE MO 63124
Omega Flex, Inc. officer: Sr. Vice President 451 CREAMERY WAY, EXTON PA 19341
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Paul James Kane officer: VP - Finance 1085 NICOLE DRIVE, NEWTOWN SQUARE PA 19073
Steven A Treichel director 451 CREAMERY WAY, EXTON PA 19341
Reed Estate Of John E 10 percent owner 260 NORTH ELM STREET, WESTFIELD MA 01085
David K Evans director 517 PYLON DRIVE, RALEIGH NC 27606

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