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Fidelity National Information Services (LTS:0ILW) Cyclically Adjusted FCF per Share : $4.80 (As of Jun. 2024)


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What is Fidelity National Information Services 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.

Fidelity National Information Services's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.652. 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 $4.80 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Fidelity National Information Services's average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% 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 Fidelity National Information Services was 12.00% per year. The lowest was -2.30% per year. And the median was 8.80% per year.

As of today (2024-09-22), Fidelity National Information Services's current stock price is $83.78. Fidelity National Information Services's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $4.80. Fidelity National Information Services's Cyclically Adjusted Price-to-FCF of today is 17.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fidelity National Information Services was 48.44. The lowest was 10.01. And the median was 32.39.


Fidelity National Information Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services Cyclically Adjusted FCF per Share Chart

Fidelity National Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 3.53 4.08 4.38 4.78

Fidelity National Information Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.45 4.70 4.78 4.83 4.80

Competitive Comparison of Fidelity National Information Services's Cyclically Adjusted FCF per Share

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 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, Fidelity National Information Services's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.652/132.5538*132.5538
=0.652

Current CPI (Jun. 2024) = 132.5538.

Fidelity National Information Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.425 100.428 0.561
201412 1.314 99.070 1.758
201503 0.453 99.621 0.603
201506 0.331 100.684 0.436
201509 0.592 100.392 0.782
201512 1.076 99.792 1.429
201603 0.734 100.470 0.968
201606 0.872 101.688 1.137
201609 1.118 101.861 1.455
201612 1.240 101.863 1.614
201703 0.898 102.862 1.157
201706 -0.204 103.349 -0.262
201709 1.190 104.136 1.515
201712 1.466 104.011 1.868
201803 0.545 105.290 0.686
201806 0.976 106.317 1.217
201809 0.958 106.507 1.192
201812 1.663 105.998 2.080
201903 0.457 107.251 0.565
201906 1.180 108.070 1.447
201909 1.263 108.329 1.545
201912 0.625 108.420 0.764
202003 0.123 108.902 0.150
202006 1.550 108.767 1.889
202009 1.818 109.815 2.194
202012 1.789 109.897 2.158
202103 0.866 111.754 1.027
202106 1.143 114.631 1.322
202109 2.535 115.734 2.903
202112 1.202 117.630 1.355
202203 0.788 121.301 0.861
202206 1.119 125.017 1.186
202209 0.901 125.227 0.954
202212 1.409 125.222 1.491
202303 0.165 127.348 0.172
202306 0.503 128.729 0.518
202309 2.652 129.860 2.707
202312 2.121 129.419 2.172
202403 0.007 131.776 0.007
202406 0.652 132.554 0.652

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


Fidelity National Information Services  (LTS:0ILW) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=83.78/4.8
=17.45

* 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 Fidelity National Information Services was 48.44. The lowest was 10.01. And the median was 32.39.


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.


Fidelity National Information Services Cyclically Adjusted FCF per Share Related Terms

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


Fidelity National Information Services Business Description

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.

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