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Fidelity National Information Services (Fidelity National Information Services) Cyclically Adjusted Price-to-FCF : 14.56 (As of Apr. 27, 2024)


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What is Fidelity National Information Services Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Fidelity National Information Services's current share price is $69.60. Fidelity National Information Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.78. Fidelity National Information Services's Cyclically Adjusted Price-to-FCF for today is 14.56.

The historical rank and industry rank for Fidelity National Information Services's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FIS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.01   Med: 31.65   Max: 48.44
Current: 14.57

During the past years, Fidelity National Information Services's highest Cyclically Adjusted Price-to-FCF was 48.44. The lowest was 10.01. And the median was 31.65.

FIS's Cyclically Adjusted Price-to-FCF is ranked better than
74.93% of 670 companies
in the Software industry
Industry Median: 28.305 vs FIS: 14.57

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.

Fidelity National Information Services's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.121. 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 $4.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity National Information Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services Cyclically Adjusted Price-to-FCF Chart

Fidelity National Information Services 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 42.80 39.71 26.97 15.39 12.57

Fidelity National Information Services 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 15.39 12.12 11.80 11.74 12.57

Competitive Comparison of Fidelity National Information Services's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Fidelity National Information Services'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.


Fidelity National Information Services's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where Fidelity National Information Services's Cyclically Adjusted Price-to-FCF falls into.



Fidelity National Information Services 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.

Fidelity National Information Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.60/4.78
=14.56

* 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.

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

For example, Fidelity National Information Services'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)
=2.121/129.4194*129.4194
=2.121

Current CPI (Dec. 2023) = 129.4194.

Fidelity National Information Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.455 99.695 0.591
201406 0.553 100.560 0.712
201409 0.425 100.428 0.548
201412 1.314 99.070 1.717
201503 0.453 99.621 0.588
201506 0.331 100.684 0.425
201509 0.592 100.392 0.763
201512 1.076 99.792 1.395
201603 0.734 100.470 0.945
201606 0.872 101.688 1.110
201609 1.118 101.861 1.420
201612 1.240 101.863 1.575
201703 0.898 102.862 1.130
201706 -0.204 103.349 -0.255
201709 1.190 104.136 1.479
201712 1.466 104.011 1.824
201803 0.545 105.290 0.670
201806 0.976 106.317 1.188
201809 0.958 106.507 1.164
201812 1.663 105.998 2.030
201903 0.457 107.251 0.551
201906 1.180 108.070 1.413
201909 1.263 108.329 1.509
201912 0.625 108.420 0.746
202003 0.123 108.902 0.146
202006 1.550 108.767 1.844
202009 1.818 109.815 2.143
202012 1.789 109.897 2.107
202103 0.866 111.754 1.003
202106 1.143 114.631 1.290
202109 2.535 115.734 2.835
202112 1.202 117.630 1.322
202203 0.788 121.301 0.841
202206 1.119 125.017 1.158
202209 0.901 125.227 0.931
202212 1.409 125.222 1.456
202303 0.595 127.348 0.605
202306 1.385 128.729 1.392
202309 1.340 129.860 1.335
202312 2.121 129.419 2.121

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.


Fidelity National Information Services  (NYSE:FIS) 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.


Fidelity National Information Services Cyclically Adjusted Price-to-FCF Related Terms

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


Fidelity National Information Services (Fidelity National Information Services) Business Description

Traded in Other Exchanges
Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services' legacy operations provide core processing and ancillary services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.
Executives
Ellen R Alemany director ONE ADP BOULEVARD, ROSELAND NJ 07068
Jeffrey A Goldstein director HELLMAN & FRIEDMAN LLC, 375 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10152
James Kehoe officer: Chief Financial Officer KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Erik D Hoag officer: CEVP Chief Financial Officer 347 RIVERSIDE AVE, JACKSONVILLE FL 32202
Stephanie Ferris officer: COO C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Brian T Shea director ONE PERSHING PLAZA, 95 CHRISTOPHER COLUMBUS DRIVE, JERSEY CITY NJ 07399
Stallings James B Jr director 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Vijay D'silva director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Louise M Parent director 200 VESEY STREET, NEW YORK NY 10285
Kenneth T Lamneck director INSIGHT ENTERPRISES, INC., 6820 SOUTH HARL AVENUE, TEMPE AZ 85283
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Gary Norcross officer: Corporate EVP and COO 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
James W. Woodall officer: SVP, CAO and Controller 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Keith W Hughes director 2801 TURTLE CREEK BOULEVARD, #6W, DALLAS TX 75219