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Infosys (Infosys) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Infosys Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infosys Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Infosys's Cyclically Adjusted Price-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.

* Premium members only.

Infosys Cyclically Adjusted Price-to-FCF Chart

Infosys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.23 42.13 51.57 34.68 -

Infosys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.68 - - - -

Competitive Comparison of Infosys's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Infosys's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-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.


Infosys's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Infosys's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Infosys's Cyclically Adjusted Price-to-FCF falls into.



Infosys Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Infosys's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Infosys's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Infosys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.102 91.425 0.171
201406 0.085 94.103 0.138
201409 0.134 96.780 0.212
201412 0.113 96.780 0.179
201503 -0.028 97.163 -0.044
201506 0.053 99.841 0.081
201509 0.086 101.753 0.129
201512 0.081 102.901 0.120
201603 0.098 102.518 0.146
201606 0.071 105.961 0.102
201609 0.101 105.961 0.146
201612 0.100 105.196 0.145
201703 0.098 105.196 0.142
201706 0.122 107.109 0.174
201709 0.083 109.021 0.116
201712 0.130 109.404 0.182
201803 0.096 109.786 0.134
201806 0.127 111.317 0.174
201809 0.083 115.142 0.110
201812 0.123 115.142 0.163
201903 0.107 118.202 0.138
201906 0.113 120.880 0.143
201909 0.093 123.175 0.115
201912 0.161 126.235 0.195
202003 0.137 124.705 0.168
202006 0.170 127.000 0.205
202009 0.159 130.118 0.187
202012 0.182 130.889 0.213
202103 0.188 131.771 0.218
202106 0.203 134.084 0.232
202109 0.165 135.847 0.186
202112 0.171 138.161 0.189
202203 0.181 138.822 0.199
202206 0.152 142.347 0.163
202209 0.140 144.661 0.148
202212 0.137 145.763 0.144
202303 0.174 146.865 0.181
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Infosys  (NYSE:INFY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Infosys Cyclically Adjusted Price-to-FCF Related Terms

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Infosys (Infosys) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Infosys Ltd (NYSE:INFY) » Definitions » Cyclically Adjusted Price-to-FCF
Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bangalore, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service (BPaaS).