The visible spectrum is the portion of the electromagnetic spectrum that is visible to the human eye. Electromagnetic radiation in this range of wavelengths is called visible light or simply light. A typical human eye will respond to wavelengths from about 390 to 700 nm. In terms of frequency, this corresponds to a band in the vicinity of 430â770 THz.
P/FCF = Market capitalization / Free Cash Flow. The Price-to-Free Cash Flow (P/FCF) ratio a popular valuation ratio among value investors. It is similar to the P/E ratio but free cash flow is just operating cash flow minus capital expenditures.
A number of methods exist to value a business. The free cash flow method is one method often used internally or by long-term investors to value a company. This method focuses on the operational cash flow the company generates and its expected growth rate in the future. A company may use its current free cash flow or its expected free cash flow if the firm intends to make operational changes in the near future. Free Cash Flow Definition Free cash flow is a company's operational cash flows less the cash it needs to fund capital expenditures and net working capital needed to maintain current growth. Since it is typically difficult to estimate capital expenditures well in advance, a company often uses its historical average to estimate this number.