GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cisco Systems Inc (BSP:CSCO34) » Definitions » Cyclically Adjusted FCF per Share

Cisco Systems (BSP:CSCO34) Cyclically Adjusted FCF per Share : R$4.18 (As of Apr. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Cisco Systems 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.

Cisco Systems's adjusted free cash flow per share for the three months ended in Apr. 2025 was R$1.098. 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 R$4.18 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Cisco Systems's average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Cisco Systems was 44.20% per year. The lowest was 6.20% per year. And the median was 10.30% per year.

As of today (2025-06-14), Cisco Systems's current stock price is R$74.99. Cisco Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 was R$4.18. Cisco Systems's Cyclically Adjusted Price-to-FCF of today is 17.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cisco Systems was 24.74. The lowest was 11.92. And the median was 15.93.


Cisco Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cisco Systems'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.

* Premium members only.

Cisco Systems Cyclically Adjusted FCF per Share Chart

Cisco Systems Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 3.00 3.32 3.32 4.08

Cisco Systems Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Cyclically Adjusted FCF per Share 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 3.74 4.08 4.25 4.24 4.18

Competitive Comparison of Cisco Systems's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Cisco Systems'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.


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

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

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


;
;

Cisco Systems 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, Cisco Systems's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=1.098/135.3468*135.3468
=1.098

Current CPI (Apr. 2025) = 135.3468.

Cisco Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 0.481 100.691 0.647
201510 0.380 100.346 0.513
201601 0.574 99.957 0.777
201604 0.388 100.947 0.520
201607 0.460 101.524 0.613
201610 0.309 101.988 0.410
201701 0.446 102.456 0.589
201704 0.391 103.167 0.513
201707 0.483 103.278 0.633
201710 0.372 104.070 0.484
201801 0.503 104.578 0.651
201804 0.306 105.708 0.392
201807 0.613 106.324 0.780
201810 0.579 106.695 0.734
201901 0.586 106.200 0.747
201904 0.724 107.818 0.909
201907 0.659 108.250 0.824
201910 0.647 108.577 0.807
202001 0.704 108.841 0.875
202004 1.019 108.173 1.275
202007 0.894 109.318 1.107
202010 1.040 109.861 1.281
202101 0.707 110.364 0.867
202104 0.974 112.673 1.170
202107 1.059 115.183 1.244
202110 0.863 116.696 1.001
202201 0.618 118.619 0.705
202204 0.811 121.978 0.900
202207 0.914 125.002 0.990
202210 0.966 125.734 1.040
202301 1.153 126.223 1.236
202304 1.209 127.992 1.278
202307 1.347 128.974 1.414
202310 0.553 129.810 0.577
202401 0.154 130.124 0.160
202404 0.961 132.289 0.983
202407 0.971 132.708 0.990
202410 0.966 133.182 0.982
202501 0.610 134.029 0.616
202504 1.098 135.347 1.098

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


Cisco Systems  (BSP:CSCO34) 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.

Cisco Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.99/4.18
=17.94

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cisco Systems was 24.74. The lowest was 11.92. And the median was 15.93.


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.


Cisco Systems Cyclically Adjusted FCF per Share Related Terms

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


Cisco Systems Business Description

Industry
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.

Cisco Systems Headlines

No Headlines