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Alcatel-Lucent (Alcatel-Lucent) Cyclically Adjusted FCF per Share : $0.00 (As of Jun. 2016)


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What is Alcatel-Lucent Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Alcatel-Lucent's adjusted free cash flow per share for the three months ended in Jun. 2016 was $-0.965. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Jun. 2016.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-24), Alcatel-Lucent's current stock price is $2.85. Alcatel-Lucent's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2016 was $0.00. Alcatel-Lucent's Cyclically Adjusted Price-to-FCF of today is .


Alcatel-Lucent Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alcatel-Lucent's Cyclically Adjusted FCF per Share 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.

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Alcatel-Lucent Cyclically Adjusted FCF per Share Chart

Alcatel-Lucent Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted FCF per Share
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Alcatel-Lucent Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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Competitive Comparison of Alcatel-Lucent's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Alcatel-Lucent'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.


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

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

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



Alcatel-Lucent Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alcatel-Lucent's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2016 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-0.965/100.6300*100.6300
=-0.965

Current CPI (Jun. 2016) = 100.6300.

Alcatel-Lucent Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200606 0.075 89.650 0.084
200609 -0.115 89.600 -0.129
200612 0.251 89.710 0.282
200703 -0.322 89.950 -0.360
200706 -0.299 90.720 -0.332
200709 -0.049 90.960 -0.054
200712 -0.147 92.030 -0.161
200803 -0.308 92.810 -0.334
200806 -0.264 93.960 -0.283
200809 -0.071 93.670 -0.076
200812 0.150 92.950 0.162
200903 -0.309 93.090 -0.334
200906 -0.431 93.500 -0.464
200909 0.234 93.330 0.252
200912 0.112 93.800 0.120
201003 -0.258 94.570 -0.275
201006 -0.235 94.910 -0.249
201009 -0.274 94.790 -0.291
201012 0.306 95.450 0.323
201103 -0.132 96.450 -0.138
201106 -0.218 96.910 -0.226
201109 -0.209 96.910 -0.217
201112 0.270 97.800 0.278
201203 -0.093 98.670 -0.095
201206 -0.298 98.780 -0.304
201209 -0.205 98.760 -0.209
201212 0.146 99.100 0.148
201303 -0.286 99.630 -0.289
201306 -0.138 99.700 -0.139
201309 -0.121 99.630 -0.122
201312 0.189 99.800 0.191
201403 -0.200 100.240 -0.201
201406 -0.105 100.180 -0.105
201409 -0.038 99.920 -0.038
201412 0.117 99.860 0.118
201503 0.000 100.170 0.000
201506 -0.219 100.440 -0.219
201509 -0.043 99.950 -0.043
201512 0.377 100.040 0.379
201606 -0.965 100.630 -0.965

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alcatel-Lucent  (OTCPK:ALALF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alcatel-Lucent Cyclically Adjusted FCF per Share Related Terms

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


Alcatel-Lucent (Alcatel-Lucent) Business Description

Industry
Traded in Other Exchanges
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Address
Alcatel-Lucent SA was incorporated on June 18, 1898. The Company is engaged in designing, manufacturing, operations and sales of equipment, material and software related to domestic, industrial, civil, military or other applications concerning electricity, telecommunications, computers, electronics, aerospace industry, nuclear energy, metallurgy, and, in general, of all the means of production or transmission of energy or communication. The Company's core Networking segment includes three business divisions: IP Routing, IP Transport and IP Platforms. The IP ROUTING focus is on the intelligent IP router market and emerging Software Defined Networking (SDN) markets and related professional services. In IP TRANSPORT segment company designs, manufactures and markets optical networking equipment to transport information over fiber optic connections over long distances on land or under sea, as well as for short distances in metropolitan and regional areas. The portfolio also includes related professional services and microwave wireless transmission equipment. In IP PLATFORMS, the Company offers software and services to service providers that allow them to meet the market evolution needs of mobile and fixed networks. The Company's access segment includes four business divisions: WIRELESS are committed to a wireless access portfolio that is suited to the operators that are moving to 4G/LTE quickly and decisively. FIXED ACCESS IP-based fixed access products and related professional services provides support for both DSL and fiber, allowing service providers to extend Ultra-Broadband access to the customer's premise regardless of technology and to seamlessly combine copper and fiber access technologies and FTTx deployment models to achieve the fastest return-on-investment and time-to-market. In LICENSING the Intellectual Property Business Group works to monetize the patent portfolio through licensing and patent sales while also maintaining and prosecuting patents. The managed services portfolio includes Build-Operate-Manage-Transfer (BOMT) Solutions, Operations Transformation Solutions, and Network Operations Services. These services can be delivered across a wide array of network technologies including Network Access (FTTx), Next generation wireless (LTE, Small Cells, 4G), and IP Networks. The Company's Other segment includes Enterprise and Government businesses to provide end-to-end products, solutions and services for small, medium, large and extra-large companies to improve conversations and collaboration across employees, customers and partners. The Company sells all of its products and services to the world's telecommunications service providers through its direct sales force. The Company's competitors include Avaya, Cisco Systems, Ericsson, Fujitsu, Huawei, Nokia Solutions and Networks (NSN), Samsung, Adtran, Calix, Ciena, Juniper, Ericsson and Huawei.

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