Don't know so much about digital cameras but in regular phototography, the size of the aperture opening does not dictate the f factor. I have a camera with a lens 1" in diameter. From the face of the lens to the film is 2''. Divide the distance by the lens diameter to get the f factor. The camera described above is an f2. If the distance film to lens was 4'', it would be an f4 camera.