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Indra Sistemas (WBO:IDR) Cyclically Adjusted Price-to-FCF : 17.80 (As of Jun. 01, 2024)


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What is Indra Sistemas Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Indra Sistemas's current share price is €21.18. Indra Sistemas's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.19. Indra Sistemas's Cyclically Adjusted Price-to-FCF for today is 17.80.

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

WBO:IDR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.36   Med: 13.89   Max: 25.17
Current: 17.58

During the past years, Indra Sistemas's highest Cyclically Adjusted Price-to-FCF was 25.17. The lowest was 9.36. And the median was 13.89.

WBO:IDR's Cyclically Adjusted Price-to-FCF is ranked better than
68.69% of 677 companies
in the Software industry
Industry Median: 28.27 vs WBO:IDR: 17.58

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.

Indra Sistemas's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €2.328. 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 €1.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indra Sistemas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Indra Sistemas'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.

Indra Sistemas Cyclically Adjusted Price-to-FCF Chart

Indra Sistemas Annual Data
Trend Dec14 Dec15 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 17.62 12.10 12.75 11.13 11.83

Indra Sistemas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.13 12.91 11.71 13.97 11.83

Competitive Comparison of Indra Sistemas's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Indra Sistemas'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.


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

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

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



Indra Sistemas 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.

Indra Sistemas's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.18/1.19
=17.80

* 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.

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

For example, Indra Sistemas'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)
=2.328/121.2997*121.2997
=2.328

Current CPI (Dec. 2023) = 121.2997.

Indra Sistemas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.165 100.139 0.200
201406 -0.129 101.081 -0.155
201409 0.066 100.441 0.080
201412 0.254 100.251 0.307
201503 -0.362 99.474 -0.441
201506 -0.484 101.138 -0.580
201509 -0.093 99.559 -0.113
201512 0.700 100.268 0.847
201603 0.309 98.638 0.380
201606 0.002 100.333 0.002
201609 0.040 99.737 0.049
201612 0.624 101.842 0.743
201703 -0.020 100.896 -0.024
201706 -0.110 101.848 -0.131
201709 0.442 101.524 0.528
201712 0.687 102.975 0.809
201803 -0.031 102.122 -0.037
201806 -0.187 104.165 -0.218
201809 -0.247 103.818 -0.289
201812 1.858 104.193 2.163
201903 -0.559 103.488 -0.655
201906 -0.627 104.612 -0.727
201909 -0.342 103.905 -0.399
201912 2.409 105.015 2.783
202003 -0.235 103.469 -0.275
202006 -0.056 104.254 -0.065
202009 0.161 103.521 0.189
202012 0.792 104.456 0.920
202103 -0.008 104.857 -0.009
202106 -0.085 107.102 -0.096
202109 -0.094 107.669 -0.106
202112 1.303 111.298 1.420
202203 0.132 115.153 0.139
202206 0.168 118.044 0.173
202209 -0.417 117.221 -0.432
202212 2.277 117.650 2.348
202303 0.163 118.948 0.166
202306 0.116 120.278 0.117
202309 -0.107 121.343 -0.107
202312 2.328 121.300 2.328

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.


Indra Sistemas  (WBO:IDR) 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.


Indra Sistemas Cyclically Adjusted Price-to-FCF Related Terms

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


Indra Sistemas (WBO:IDR) Business Description

Industry
Traded in Other Exchanges
Address
Avenida de Bruselas, 35, Alcobendas, Madrid, ESP, 28108
Indra Sistemas SA is a Spain-based provider of information technology offerings for finance, insurance, public administration, airports, defense, healthcare, media, telecom, security, energy, and infrastructure end markets. Its product capabilities include analytics, cloud computing, enterprise resource planning, networks and communications, electoral processes, bus technology, subway technology, and sustainability solutions. The firm generates revenue in Europe, Africa, the Middle East, the Americas, and Asia-Pacific.