Question 1

What is Lightwave Logic's P/FCF ratio?

Accepted Answer

Lightwave Logic (LWLG) P/FCF ratio is currently not available. When trailing twelve-month free cash flow is negative — common during heavy capex cycles or operating losses — P/FCF is reported as N/A and analysts switch to P/S or EV/EBITDA.

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Lightwave Logic?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Lightwave Logic specifically, the relevant sector benchmark is the current sector median of 27.1×.

Question 5

Why does Lightwave Logic's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.

Question 6

Why is Lightwave Logic's P/FCF ratio not available?

Accepted Answer

When trailing twelve-month free cash flow is negative — common during heavy capex cycles or operating losses — P/FCF is reported as N/A and analysts switch to P/S or EV/EBITDA.


2025	$442.79M	−$15.08M	—	—	Dec 31, 2025
2024	$257.17M	−$18.25M	—	—	Dec 31, 2024
2023	$584.45M	−$15.84M	—	—	Dec 31, 2023
2022	$484.83M	−$12.10M	—	—	Dec 31, 2022
2021	$1.60B	−$11.15M	—	—	Dec 31, 2021
2020	$84.30M	−$5.09M	—	—	Dec 31, 2020
2019	$60.32M	−$5.07M	—	—	Dec 31, 2019
2018	$55.73M	−$5.84M	—	—	Dec 31, 2018
2017	$80.79M	−$4.68M	—	—	Dec 31, 2017
2016	$40.81M	−$3.35M	—	—	Dec 31, 2016
2015	$36.14M	−$3.75M	—	—	Dec 31, 2015
2014	$44.55M	−$3.43M	—	—	Dec 31, 2014
2013	$47.39M	−$3.02M	—	—	Dec 31, 2013
2012	$58.58M	−$2.72M	—	—	Dec 31, 2012
2011	$65.08M	−$1.79M	—	—	Dec 31, 2011
2010	$60.27M	−$1.55M	—	—	Dec 31, 2010
2009	$58.36M	−$1.22M	—	—	Dec 31, 2009
2008	$20.31M	−$1.30M	—	—	Dec 31, 2008
2007	$27.51M	−$1.62M	—	—	Dec 31, 2007
2006	$13.77M	—	—	—	Dec 31, 2006


Air Products and Chemicals (APD)	58.4×
International Flavors & Fragrances (IFF)	46.4×
Linde (LIN)	45.1×
Ecolab (ECL)	40.1×
Steel Dynamics (STLD)	39.2×
Albemarle (ALB)	36.7×
Martin Marietta Materials (MLM)	34.3×
Weyerhaeuser (WY)	34.1×
Southern Copper (SCCO)	33.1×
Vulcan Materials (VMC)	32.2×
Corteva (CTVA)	27.5×
Sherwin-Williams (SHW)	27.1×
RPM International (RPM)	25.2×
H.B. Fuller (FUL)	24.7×
CRH (CRH)	24.4×
Agnico Eagle Mines (AEM)	22.3×
PPG Industries (PPG)	19.5×
Eastman Chemical (EMN)	17.5×
DuPont de Nemours (DD)	17.0×
Avient (AVNT)	16.2×
Freeport-McMoRan (FCX)	13.6×
CF Industries Holdings (CF)	12.4×
Newmont (NEM)	9.6×
LyondellBasell (LYB)	9.3×
Ashland (ASH)	7.6×

P/FCF Ratio for Lightwave Logic (LWLG)

P/FCF Ratio daily chart for Lightwave Logic (LWLG)

Historical P/FCF Ratio for Lightwave Logic (LWLG) from 2006 to 2025

About P/FCF Ratio at Lightwave Logic (LWLG)

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Lightwave Logic (LWLG) Key Financials

P/FCF Ratio daily chart for Lightwave Logic (LWLG)

Historical P/FCF Ratio for Lightwave Logic (LWLG) from 2006 to 2025

About P/FCF Ratio at Lightwave Logic (LWLG)

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Lightwave Logic's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Lightwave Logic?

+Why does Lightwave Logic's P/FCF ratio change over time?

+Why is Lightwave Logic's P/FCF ratio not available?

Lightwave Logic (LWLG) Key Financials