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Fiserv (MEX:FI) Cyclically Adjusted FCF per Share : MXN93.99 (As of Mar. 2025)


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What is Fiserv 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.

Fiserv's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN11.340. 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 MXN93.99 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Fiserv's average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.10% 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 Fiserv was 33.20% per year. The lowest was 6.80% per year. And the median was 15.70% per year.

As of today (2025-05-05), Fiserv's current stock price is MXN3613.70. Fiserv's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN93.99. Fiserv's Cyclically Adjusted Price-to-FCF of today is 38.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fiserv was 54.20. The lowest was 27.04. And the median was 39.20.


Fiserv Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fiserv'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.

Fiserv Cyclically Adjusted FCF per Share Chart

Fiserv Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.13 63.14 71.26 71.17 97.28

Fiserv Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 67.76 80.11 88.82 97.28 93.99

Competitive Comparison of Fiserv's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Fiserv'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.


Fiserv's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.34/134.9266*134.9266
=11.340

Current CPI (Mar. 2025) = 134.9266.

Fiserv Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 4.601 100.684 6.166
201509 9.483 100.392 12.745
201512 12.022 99.792 16.255
201603 16.548 100.470 22.223
201606 4.304 101.688 5.711
201609 12.025 101.861 15.928
201612 15.088 101.863 19.985
201703 16.618 102.862 21.798
201706 7.021 103.349 9.166
201709 10.658 104.136 13.809
201712 17.976 104.011 23.319
201803 12.712 105.290 16.290
201806 7.031 106.317 8.923
201809 12.440 106.507 15.759
201812 22.980 105.998 29.252
201903 13.366 107.251 16.815
201906 4.519 108.070 5.642
201909 27.022 108.329 33.656
201912 24.104 108.420 29.997
202003 21.779 108.902 26.984
202006 26.751 108.767 33.185
202009 27.309 109.815 33.554
202012 28.467 109.897 34.951
202103 21.586 111.754 26.062
202106 23.703 114.631 27.900
202109 10.992 115.734 12.815
202112 30.797 117.630 35.326
202203 14.664 121.301 16.311
202206 18.640 125.017 20.118
202209 23.390 125.227 25.202
202212 39.749 125.222 42.830
202303 22.585 127.348 23.929
202306 14.896 128.729 15.613
202309 34.364 129.860 35.705
202312 34.951 129.419 36.438
202403 11.468 131.776 11.742
202406 31.076 132.554 31.632
202409 62.665 133.029 63.559
202412 66.513 133.157 67.397
202503 11.340 134.927 11.340

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


Fiserv  (MEX:FI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3613.70/93.99
=38.45

* 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 Fiserv was 54.20. The lowest was 27.04. And the median was 39.20.


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.


Fiserv Cyclically Adjusted FCF per Share Related Terms

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


Fiserv Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fiserv Inc (MEX:FI) » Definitions » Cyclically Adjusted FCF per Share
Address
600 North Velarde Road, Phillips Avenue, Milwaukee, WI, USA, 53203
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.