Itron (MEX:ITRI) Cyclically Adjusted FCF per Share: MXN68.09 (As of Jun. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:ITRI Itron Inc MEX:ITRI
75 GF Score
Price MXN1,612.39
GF Value MXN1,746.61
! 3 Warning Signs
View Full Analysis

What is Itron Cyclically Adjusted FCF per Share?

Itron MEX:ITRI 75 Cyclically Adjusted FCF per Share is MXN68.09 as of Jun. 2026. GuruFocus rates MEX:ITRI with a GF Score™ of 75/100 and a GF Value™ of MXN1,746.61. The stock has 3 warning signs investors should review.

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.

Itron's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN31.422. 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 MXN68.09 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Itron's average Cyclically Adjusted FCF Growth Rate was 25.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.00% 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 Itron was 349.00% per year. The lowest was -10.10% per year. And the median was 0.30% per year.

As of today (2026-09-16), Itron's current stock price is MXN1612.39. Itron's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN68.09. Itron's Cyclically Adjusted Price-to-FCF of today is 23.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Itron was 52.43. The lowest was 16.04. And the median was 24.94.


Itron  (MEX:ITRI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1612.39/68.088
=23.68

* 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 Itron was 52.43. The lowest was 16.04. And the median was 24.94.


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.


Itron Cyclically Adjusted FCF per Share Related Terms


Itron Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Itron'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.

Itron Cyclically Adjusted FCF per Share Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.93 38.26 41.40 46.80 62.17

Itron Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 56.18 61.30 62.83 64.62 68.09

MEX:ITRI vs VNT, BMI, NOVT: Cyclically Adjusted FCF per Share Comparison

For the Scientific & Technical Instruments subindustry, Itron'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.


Itron Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


MEX:ITRI
75GF Score
Itron Inc MEX:ITRI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itron 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, Itron's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.422/333.9520*333.9520
=31.422

Current CPI (Jun. 2026) = 333.9520.

Itron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 10.396 241.428 14.380
201612 12.093 241.432 16.727
201703 28.027 243.801 38.391
201706 5.800 244.955 7.907
201709 2.975 246.819 4.025
201712 31.483 246.524 42.648
201803 -20.143 249.554 -26.955
201806 13.654 251.989 18.095
201809 17.882 252.439 23.656
201812 12.908 251.233 17.158
201903 4.164 254.202 5.470
201906 20.685 256.143 26.969
201909 15.965 256.759 20.765
201912 13.286 256.974 17.266
202003 3.116 258.115 4.032
202006 -5.029 257.797 -6.515
202009 20.669 260.280 26.519
202012 13.339 260.474 17.102
202103 18.697 264.877 23.573
202106 27.952 271.696 34.357
202109 4.959 274.310 6.037
202112 0.444 278.802 0.532
202203 1.007 287.504 1.170
202206 4.325 296.311 4.874
202209 4.807 296.808 5.409
202212 -8.032 296.797 -9.037
202303 -2.255 301.836 -2.495
202306 14.018 305.109 15.343
202309 10.083 307.789 10.940
202312 15.635 306.746 17.022
202403 12.447 312.332 13.309
202406 16.790 314.175 17.847
202409 27.131 315.301 28.736
202412 34.109 315.605 36.092
202503 29.751 319.799 31.068
202506 36.887 322.561 38.190
202509 41.451 324.800 42.619
202512 42.360 324.054 43.654
202603 22.325 330.213 22.578
202606 31.422 333.952 31.422

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

What does a Cyclically Adjusted FCF per Share of MXN68.09 mean?
Itron (MEX:ITRI) has a Cyclically Adjusted FCF per Share of MXN68.09 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Itron and its competitors.
Is Itron's Cyclically Adjusted FCF per Share too high?
Itron's current Cyclically Adjusted FCF per Share is MXN68.09. Overall, Itron has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Itron's Cyclically Adjusted FCF per Share compare to VNT and BMI?
Itron's Cyclically Adjusted FCF per Share of MXN68.09 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Itron and its competitors. Itron's current Cyclically Adjusted FCF per Share is MXN68.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itron stock overvalued right now?
Itron (MEX:ITRI) has a current Cyclically Adjusted FCF per Share of MXN68.09. The stock's GF Value™ is MXN1,746.61, compared to a current price of MXN1,612.39 — trading 7.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN68.09. Itron's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Itron (MEX:ITRI), the current Cyclically Adjusted FCF per Share is MXN68.09 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Itron (MEX:ITRI) Overvalued in 2026?

Based on GuruFocus' analysis, Itron stock appears to be undervalued. The current stock price of MXN1,612.39 is trading 7.7% below its estimated GF Value™ of MXN1,746.61.

Key valuation signals for MEX:ITRI:

  • Cyclically Adjusted FCF per Share: MXN68.09
  • GF Value™: MXN1,746.61 vs. price of MXN1,612.39 (7.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the MEX:ITRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itron Business Description

Address 2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage, and analyze energy and water use. The company offers grid edge intelligence, energy and water management, smart city applications, Industrial Internet of Things (IIoT), and critical infrastructure and related services. It operates under the Itron brand and has four reportable segments: Device Solutions, Networked Solutions, Resiliency Solutions, and Outcomes. Key revenue is generated from the Networked Solutions segment, which includes a combination of communicating endpoints (e.g., smart meters, modules, endpoints, and sensors), network infrastructure, network design services, and associated headend management and application software designed and sold as a complete solution for acquiring and transporting robust application-specific data.
75GF Score

Get the complete analysis for MEX:ITRI

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,612.39
Price
MXN1,746.61
GF Value