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Cisco Systems (MEX:CSCO) Cyclically Adjusted FCF per Share : MXN75.10 (As of Oct. 2024)


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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 Oct. 2024 was MXN17.191. 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 MXN75.10 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Cisco Systems's average Cyclically Adjusted FCF Growth Rate was 2.80% 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 (2024-12-11), Cisco Systems's current stock price is MXN1175.00. Cisco Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2024 was MXN75.10. Cisco Systems's Cyclically Adjusted Price-to-FCF of today is 15.65.

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 15.79.


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 57.96 58.01 65.50 58.87 66.69

Cisco Systems Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 62.41 60.34 61.47 66.69 75.10

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 Oct. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=17.191/133.1820*133.1820
=17.191

Current CPI (Oct. 2024) = 133.1820.

Cisco Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 7.613 98.604 10.283
201504 8.019 99.824 10.699
201507 11.972 100.691 15.835
201510 8.095 100.346 10.744
201601 12.891 99.957 17.176
201604 9.367 100.947 12.358
201607 13.152 101.524 17.253
201610 9.106 101.988 11.891
201701 14.556 102.456 18.921
201704 11.796 103.167 15.228
201707 13.472 103.278 17.373
201710 11.154 104.070 14.274
201801 14.594 104.578 18.586
201804 8.429 105.708 10.620
201807 14.908 106.324 18.674
201810 15.589 106.695 19.459
201901 14.954 106.200 18.753
201904 17.644 107.818 21.795
201907 16.551 108.250 20.363
201910 15.189 108.577 18.631
202001 16.012 108.841 19.593
202004 22.979 108.173 28.292
202007 18.831 109.318 22.942
202010 19.677 109.861 23.854
202101 13.333 110.364 16.090
202104 17.647 112.673 20.859
202107 20.357 115.183 23.538
202110 16.008 116.696 18.270
202201 11.538 118.619 12.955
202204 17.356 121.978 18.950
202207 17.335 125.002 18.469
202210 18.257 125.734 19.338
202301 20.867 126.223 22.017
202304 21.659 127.992 22.537
202307 23.451 128.974 24.216
202310 9.881 129.810 10.138
202401 2.691 130.124 2.754
202404 15.984 132.289 16.092
202407 16.279 132.708 16.337
202410 17.191 133.182 17.191

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


Cisco Systems  (MEX:CSCO) 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
=1175.00/75.1
=15.65

* 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 15.79.


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.