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Leidos Holdings (FRA:S6IA) Cyclically Adjusted Price-to-FCF : 21.37 (As of Jun. 09, 2024)


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What is Leidos Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Leidos Holdings's current share price is €133.55. Leidos Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.25. Leidos Holdings's Cyclically Adjusted Price-to-FCF for today is 21.37.

The historical rank and industry rank for Leidos Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:S6IA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.67   Med: 15.11   Max: 24.68
Current: 21.38

During the past years, Leidos Holdings's highest Cyclically Adjusted Price-to-FCF was 24.68. The lowest was 7.67. And the median was 15.11.

FRA:S6IA's Cyclically Adjusted Price-to-FCF is ranked better than
61.49% of 683 companies
in the Software industry
Industry Median: 28.4 vs FRA:S6IA: 21.38

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Leidos Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.309. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €6.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Leidos Holdings'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.

Leidos Holdings Cyclically Adjusted Price-to-FCF Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.63 21.28 17.35 17.29 16.16

Leidos Holdings 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 15.15 14.84 13.65 16.16 19.35

Competitive Comparison of Leidos Holdings's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Leidos Holdings'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.


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

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

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



Leidos Holdings 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.

Leidos Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=133.55/6.25
=21.37

* 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.

Leidos Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Leidos Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.309/131.7762*131.7762
=0.309

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 0.798 98.692 1.066
201404 -0.176 100.023 -0.232
201407 1.118 100.520 1.466
201410 1.866 100.176 2.455
201501 1.201 98.604 1.605
201506 1.758 100.684 2.301
201509 3.198 100.392 4.198
201603 -0.267 100.470 -0.350
201606 0.878 101.688 1.138
201609 2.009 101.861 2.599
201612 0.685 101.863 0.886
201703 -0.477 102.862 -0.611
201706 0.873 103.349 1.113
201709 1.351 104.136 1.710
201712 0.673 104.011 0.853
201803 0.037 105.290 0.046
201806 1.434 106.317 1.777
201809 1.938 106.507 2.398
201812 0.492 105.998 0.612
201903 1.553 107.251 1.908
201906 1.030 108.070 1.256
201909 2.054 108.329 2.499
201912 0.729 108.420 0.886
202003 2.061 108.902 2.494
202006 2.319 108.767 2.810
202009 3.313 109.815 3.976
202012 -0.656 109.897 -0.787
202103 1.243 111.754 1.466
202106 -0.023 114.631 -0.026
202109 3.216 115.734 3.662
202112 1.108 117.630 1.241
202203 0.422 121.301 0.458
202206 0.165 125.017 0.174
202209 5.138 125.227 5.407
202212 0.493 125.222 0.519
202303 -0.927 127.348 -0.959
202306 0.829 128.729 0.849
202309 5.095 129.860 5.170
202312 1.470 129.419 1.497
202403 0.309 131.776 0.309

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.


Leidos Holdings  (FRA:S6IA) 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.


Leidos Holdings Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Leidos Holdings's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Leidos Holdings (FRA:S6IA) Business Description

Industry
Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (FRA:S6IA) Headlines

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