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Itron (ITRI) Cyclically Adjusted Price-to-FCF : 41.81 (As of Apr. 27, 2024)


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What is Itron Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Itron's current share price is $95.75. Itron's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.29. Itron's Cyclically Adjusted Price-to-FCF for today is 41.81.

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

ITRI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.04   Med: 20.93   Max: 45.09
Current: 41.89

During the past years, Itron's highest Cyclically Adjusted Price-to-FCF was 45.09. The lowest was 9.04. And the median was 20.93.

ITRI's Cyclically Adjusted Price-to-FCF is ranked worse than
64.43% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs ITRI: 41.89

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.

Itron's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.854. 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 $2.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itron Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Itron'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.

Itron Cyclically Adjusted Price-to-FCF Chart

Itron 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 28.34 36.88 27.61 23.53 33.04

Itron 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 23.53 24.94 31.18 26.47 33.04

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

For the Scientific & Technical Instruments subindustry, Itron'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.


Itron's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Itron 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=95.75/2.29
=41.81

* 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.

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

For example, Itron'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)
=0.854/129.4194*129.4194
=0.854

Current CPI (Dec. 2023) = 129.4194.

Itron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.483 99.695 1.925
201406 -0.263 100.560 -0.338
201409 0.929 100.428 1.197
201412 0.103 99.070 0.135
201503 -0.346 99.621 -0.449
201506 0.260 100.684 0.334
201509 -0.254 100.392 -0.327
201512 1.114 99.792 1.445
201603 0.652 100.470 0.840
201606 0.162 101.688 0.206
201609 0.525 101.861 0.667
201612 0.538 101.863 0.684
201703 1.380 102.862 1.736
201706 0.443 103.349 0.555
201709 0.240 104.136 0.298
201712 1.539 104.011 1.915
201803 -1.075 105.290 -1.321
201806 0.740 106.317 0.901
201809 0.935 106.507 1.136
201812 0.632 105.998 0.772
201903 0.341 107.251 0.411
201906 0.959 108.070 1.148
201909 0.801 108.329 0.957
201912 0.709 108.420 0.846
202003 0.155 108.902 0.184
202006 -0.238 108.767 -0.283
202009 0.931 109.815 1.097
202012 0.718 109.897 0.846
202103 0.918 111.754 1.063
202106 1.410 114.631 1.592
202109 0.247 115.734 0.276
202112 0.149 117.630 0.164
202203 0.049 121.301 0.052
202206 0.217 125.017 0.225
202209 0.235 125.227 0.243
202212 -0.396 125.222 -0.409
202303 -0.121 127.348 -0.123
202306 0.786 128.729 0.790
202309 0.615 129.860 0.613
202312 0.854 129.419 0.854

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.


Itron  (NAS:ITRI) 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.


Itron Cyclically Adjusted Price-to-FCF Related Terms

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


Itron (ITRI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Itron Inc (NAS:ITRI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems.The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision making, maximize operational profitability.
Executives
John F. Marcolini officer: SVP, Networked Solutions C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Reeves Donald L. Iii officer: SVP Outcomes 555 BROADWAY STREET, REDWOOD CITY CA 94063
Sanjay Mirchandani director 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Christopher E. Ware officer: VP, General Counsel & Corp Sec 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Laurie Ann Pulatie-hahn officer: SVP, HR 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Michel Cadieux officer: SVP, HR 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas Deitrich officer: EVP, COO C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DR WEST, TX30/OE19, AUSTIN TX 78735
Joan S Hooper officer: SVP & CFO ONE DELL WAY, ROUND ROCK TX 78682
Justin K Patrick officer: SVP, Device Solutions 1157 CANARY LANE, GRAFTON WI 53024
Mary C. Hemmingsen director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sarah E. Hlavinka officer: SVP. Gen. Counsel & Corp. Sec 2111 N MOLTER RD, LIBERTY LAKE WA 99019
Lynda L. Ziegler director, officer: Chair of the Board C/O ITRON, INC., 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas S Glanville director 2818 N SULLIVAN ROAD, SPOLANE WA 99216
Santiago Perez director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sharelynn Faye Moore officer: SVP, Networks 424 W. HIGH DRIVE, SPOKANE WA 99203