EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Innovative Eyewear's Enterprise Value is $-0.28 Mil.
Innovative Eyewear's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.07 Mil. Therefore, Innovative Eyewear's EV-to-FCF for today is 0.05.
The historical rank and industry rank for Innovative Eyewear's EV-to-FCF or its related term are showing as below:
LUCY'
s EV-to-FCF Range Over the Past 10 Years
Min: -14.24 Med: -0.18 Max: 0.44
Current: 0.05
During the past 5 years, the highest EV-to-FCF of Innovative Eyewear was 0.44. The lowest was -14.24. And the median was -0.18.
LUCY's EV-to-FCF is ranked better than 98.04% of 358
companies
in the Medical Devices & Instruments industry
Industry Median: 29.28
vs LUCY: 0.05
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The historical data trend for Innovative Eyewear's EV-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.
Competitive Comparison of Innovative Eyewear's EV-to-FCF
For the Medical Instruments & Supplies subindustry, Innovative Eyewear's EV-to-FCF, along with its competitors' market caps and EV-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.
Innovative Eyewear's EV-to-FCF Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Innovative Eyewear's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Innovative Eyewear's EV-to-FCF falls into.
Innovative Eyewear's current Enterprise Value is $-0.28 Mil.
Innovative Eyewear's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.07 Mil.
* 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Innovative Eyewear's PE Ratio for today is calculated as:
Innovative Eyewear's share price for today is $0.983.
Innovative Eyewear's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.610.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Innovative Eyewear EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Innovative Eyewear's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Eyewear (Innovative Eyewear) Business Description
Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free.
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