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Leidos Holdings (Leidos Holdings) Cyclically Adjusted Price-to-FCF : 22.12 (As of May. 24, 2024)


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

As of today (2024-05-24), Leidos Holdings's current share price is $149.77. Leidos Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.77. Leidos Holdings's Cyclically Adjusted Price-to-FCF for today is 22.12.

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

LDOS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.67   Med: 15.09   Max: 24.68
Current: 22.13

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 15.09.

LDOS's Cyclically Adjusted Price-to-FCF is ranked better than
61.27% of 648 companies
in the Software industry
Industry Median: 29.58 vs LDOS: 22.13

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 $0.336. 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 $6.77 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
=149.77/6.77
=22.12

* 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)
=0.336/131.7762*131.7762
=0.336

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 1.088 98.692 1.453
201404 -0.244 100.023 -0.321
201407 1.514 100.520 1.985
201410 2.365 100.176 3.111
201501 1.394 98.604 1.863
201506 1.973 100.684 2.582
201509 3.589 100.392 4.711
201603 -0.297 100.470 -0.390
201606 0.986 101.688 1.278
201609 2.254 101.861 2.916
201612 0.723 101.863 0.935
201703 -0.510 102.862 -0.653
201706 0.980 103.349 1.250
201709 1.610 104.136 2.037
201712 0.796 104.011 1.008
201803 0.045 105.290 0.056
201806 1.675 106.317 2.076
201809 2.261 106.507 2.797
201812 0.560 105.998 0.696
201903 1.755 107.251 2.156
201906 1.164 108.070 1.419
201909 2.262 108.329 2.752
201912 0.810 108.420 0.984
202003 2.278 108.902 2.756
202006 2.611 108.767 3.163
202009 3.903 109.815 4.684
202012 -0.799 109.897 -0.958
202103 1.479 111.754 1.744
202106 -0.028 114.631 -0.032
202109 3.783 115.734 4.307
202112 1.252 117.630 1.403
202203 0.464 121.301 0.504
202206 0.174 125.017 0.183
202209 5.087 125.227 5.353
202212 0.522 125.222 0.549
202303 -0.993 127.348 -1.028
202306 0.899 128.729 0.920
202309 5.438 129.860 5.518
202312 1.603 129.419 1.632
202403 0.336 131.776 0.336

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  (NYSE:LDOS) 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 (Leidos Holdings) 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.
Executives
Surya N Mohapatra director 3 GIRALDA FARMS, MADISON NJ 07940
Miriam E John director 7011 EAST AVENUE, LIVERMORE CA 94550
Noel B Williams director 1750 PRESIDENTS STREET, RESTON VA 20190
James Robert Moos officer: Group President 11951 FREEDOM DRIVE, RESTON VA 20190
Cindy Gruensfelder officer: Executive Vice President 1750 PRESIDENTS STREET, RESTON VA 20190
Roy E Stevens officer: Chief of Business Development 11951 FREEDOM DRIVE, RESTON VA 20190
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Thomas Arthur Bell director, officer: CEO 1750 PRESIDENTS STREET, RESTON VA 20190
Gary Stephen May director 11951 FREEDOM DRIVE, RESTON VA 20190
Gregory R Dahlberg director 11951 FREEDOM DRIVE, RESTON VA 20190
Howe Jerald S Jr officer: Executive VP & General Counsel
Robert S Shapard director P O BOX 696000, SANANTONIO TX 782696000
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445
Christopher R Cage officer: SVP and Corporate Comptroller 11951 FREEDOM DRIVE, RESTON VA 20190
Roger A Krone director, officer: CEO

Leidos Holdings (Leidos Holdings) Headlines