Itron (MEX:ITRI) Cyclically Adjusted FCF per Share: MXN67.83 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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
71 GF Score
Price MXN1,612.39
GF Value MXN1,618.10
! 3 Warning Signs
View Full Analysis

What is Itron Cyclically Adjusted FCF per Share?

Itron MEX:ITRI 71 Cyclically Adjusted FCF per Share is MXN67.83 as of Jun. 2026. GuruFocus rates MEX:ITRI with a GF Score™ of 71/100 and a GF Value™ of MXN1,618.10. 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 MXN31.874. 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 MXN67.83 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 (2026-07-31), Itron's current stock price is MXN1612.39. Itron's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN67.83. Itron's Cyclically Adjusted Price-to-FCF of today is 23.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Itron was 52.43. The lowest was 14.14. And the median was 24.77.


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
=1612.39/67.83
=23.77

* 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 14.14. And the median was 24.77.


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 0.00 0.00 0.00 0.00 63.52

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 48.85 58.13 63.52 61.88 67.83

MEX:ITRI vs BMI, VNT, 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
71GF 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)
=31.874/333.9520*333.9520
=31.874

Current CPI (Jun. 2026) = 333.9520.

Itron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 10.149 241.428 14.038
201612 11.084 241.432 15.332
201703 25.993 243.801 35.605
201706 8.002 244.955 10.909
201709 4.351 246.819 5.887
201712 30.232 246.524 40.954
201803 -19.537 249.554 -26.144
201806 14.544 251.989 19.275
201809 17.492 252.439 23.140
201812 12.401 251.233 16.484
201903 6.608 254.202 8.681
201906 18.414 256.143 24.008
201909 15.821 256.759 20.577
201912 13.377 256.974 17.384
202003 3.645 258.115 4.716
202006 -5.484 257.797 -7.104
202009 20.558 260.280 26.377
202012 14.289 260.474 18.320
202103 18.775 264.877 23.671
202106 28.072 271.696 34.504
202109 5.073 274.310 6.176
202112 3.058 278.802 3.663
202203 0.978 287.504 1.136
202206 4.362 296.311 4.916
202209 4.726 296.808 5.317
202212 -7.720 296.797 -8.686
202303 -2.179 301.836 -2.411
202306 13.468 305.109 14.741
202309 10.721 307.789 11.632
202312 14.495 306.746 15.781
202403 12.231 312.332 13.078
202406 17.564 314.175 18.670
202409 25.205 315.301 26.696
202412 31.790 315.605 33.638
202503 29.899 319.799 31.222
202506 36.809 322.561 38.109
202509 44.586 324.800 45.842
202512 43.574 324.054 44.905
202603 31.320 330.213 31.675
202606 31.874 333.952 31.874

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 MXN67.83 mean?
Itron (MEX:ITRI) has a Cyclically Adjusted FCF per Share of MXN67.83 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 MXN67.83. Overall, Itron has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Itron's Cyclically Adjusted FCF per Share compare to BMI and VNT?
Itron's Cyclically Adjusted FCF per Share of MXN67.83 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 MXN67.83. 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 MXN67.83. The stock's GF Value™ is MXN1,618.10, compared to a current price of MXN1,612.39 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN67.83. Itron's overall GF Score™ is 71/100 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 MXN67.83 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 0.4% below its estimated GF Value™ of MXN1,618.10.

Key valuation signals for MEX:ITRI:

  • Cyclically Adjusted FCF per Share: MXN67.83
  • GF Value™: MXN1,618.10 vs. price of MXN1,612.39 (0.4% below fair value)
  • GF Score™: 71/100 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.
71GF 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
MXN1,618.10
GF Value