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Rakon Ltd
NZX:RAK

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Rakon Ltd
NZX:RAK
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Price: 1.52 NZD 1% Market Closed
Market Cap: NZ$349.3m

EV/OCF

50.4
Current
259%
More Expensive
vs 3-y average of 14

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
50.4
=
Enterprise Value
NZ$343.3m
/
Operating Cash Flow
NZ$7m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
50.4
=
Enterprise Value
NZ$343.3m
/
Operating Cash Flow
NZ$7m

Valuation Scenarios

Rakon Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (14), the stock would be worth NZ$0.42 (72% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
66%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 50.4 NZ$1.52
0%
3-Year Average 14 NZ$0.42
-72%
5-Year Average 11.9 NZ$0.36
-76%
Industry Average 25.7 NZ$0.77
-49%
Country Average 16.5 NZ$0.5
-67%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
NZ
Rakon Ltd
NZX:RAK
349.3m NZD 50.4 223.3
US
II-VI Inc
LSE:0LHO
522.4B USD 1 321.5 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 11.9 22.9
US
Amphenol Corp
NYSE:APH
183.6B USD 34.9 43
TW
Delta Electronics Inc
TWSE:2308
5.1T TWD 52.9 83.5
US
Corning Inc
NYSE:GLW
142.1B USD 55.1 89
TH
Delta Electronics Thailand PCL
SET:DELTA
3.6T THB 128.2 145.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
604.6B CNY 72.9 56.3
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
493.8B CNY 28.2 29.7
US
Coherent Corp
NYSE:COHR
63B USD 172.6 330.6
JP
Murata Manufacturing Co Ltd
TSE:6981
9T JPY 20.5 47.3

Market Distribution

Higher than 95% of companies in New Zealand
Percentile
95th
Based on 221 companies
95th percentile
50.4
Low
2.1 — 12.5
Typical Range
12.5 — 30.9
High
30.9 —
Distribution Statistics
New Zealand
Min 2.1
30th Percentile 12.5
Median 16.5
70th Percentile 30.9
Max 355.3

Rakon Ltd
Glance View

Market Cap
349.3m NZD
Industry
Electrical Equipment

Rakon Ltd. engages in the design and manufacture of frequency control solutions. The firm's segments include NZ, UK, France, China-T'maker, India-Centum Rakon and Other. The firm's product range consists of low stability Crystal Oscillators (XO), Voltage Controlled Crystal Oscillators (VCXOs) and crystal products, through to high volume precision Temperature Compensated Crystal Oscillators (TCXOs), Oven Controlled Crystal Oscillators (OCXOs), Digital Pulse Compression Sub-Systems (DPCSS), Surface Acoustic Wave (SAW) oscillators and specialized products. The company offers a product portfolio, including technology advanced products for the telecommunications, positioning, and space and defense markets. The company has approximately six manufacturing plants, including over three joint venture plants and approximately eight research and development centers. Its subsidiaries include Rakon America LLC, Rakon Financial Services Limited and Rakon UK Holdings Limited, among others.

RAK Intrinsic Value
1 NZD
Overvaluation 34%
Intrinsic Value
Price NZ$1.52
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