Impinj (MIL:1PI) Cyclically Adjusted FCF per Share: €-0.34 (As of Mar. 2026)


MIL:1PI Impinj Inc MIL:1PI
52 GF Score
Price €115.35
GF Value €100.27
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Impinj Cyclically Adjusted FCF per Share?

Impinj MIL:1PI 52 Cyclically Adjusted FCF per Share is €-0.34 as of Mar. 2026. GuruFocus rates MIL:1PI with a GF Score™ of 52/100 and a GF Value™ of €100.27 (Modestly Overvalued). 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.

Impinj's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.064. 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 €-0.34 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-03), Impinj's current stock price is €115.35. Impinj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.34. Impinj's Cyclically Adjusted Price-to-FCF of today is .


Impinj  (MIL:1PI) 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.


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.


Impinj Cyclically Adjusted FCF per Share Related Terms


Impinj Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Impinj'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.

Impinj Cyclically Adjusted FCF per Share Chart

Impinj 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 -0.37

Impinj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 -0.42 -0.37 -0.34

MIL:1PI vs NVTS, POWI, LASR: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Impinj'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.


Impinj Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


MIL:1PI
52GF Score
Impinj Inc MIL:1PI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.064/330.2130*330.2130
=0.064

Current CPI (Mar. 2026) = 330.2130.

Impinj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.237 241.018 -0.325
201609 -0.236 241.428 -0.323
201612 -0.056 241.432 -0.077
201703 -0.820 243.801 -1.111
201706 -0.391 244.955 -0.527
201709 -0.495 246.819 -0.662
201712 -0.130 246.524 -0.174
201803 -0.470 249.554 -0.622
201806 -0.207 251.989 -0.271
201809 -0.095 252.439 -0.124
201812 0.066 251.233 0.087
201903 -0.043 254.202 -0.056
201906 0.085 256.143 0.110
201909 -0.074 256.759 -0.095
201912 0.123 256.974 0.158
202003 0.030 258.115 0.038
202006 0.033 257.797 0.042
202009 -0.646 260.280 -0.820
202012 -0.144 260.474 -0.183
202103 0.176 264.877 0.219
202106 -0.270 271.696 -0.328
202109 -0.031 274.310 -0.037
202112 -0.216 278.802 -0.256
202203 -0.650 287.504 -0.747
202206 0.243 296.311 0.271
202209 0.479 296.808 0.533
202212 -0.446 296.797 -0.496
202303 -1.213 301.836 -1.327
202306 -0.982 305.109 -1.063
202309 -0.156 307.789 -0.167
202312 -0.040 306.746 -0.043
202403 1.579 312.332 1.669
202406 1.393 314.175 1.464
202409 0.141 315.301 0.148
202412 0.286 315.605 0.299
202503 -0.420 319.799 -0.434
202506 0.799 322.561 0.818
202509 0.521 324.800 0.530
202512 0.386 324.054 0.393
202603 0.064 330.213 0.064

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 €-0.34 mean?
Impinj (MIL:1PI) has a Cyclically Adjusted FCF per Share of €-0.34 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Impinj and its competitors.
Is Impinj's Cyclically Adjusted FCF per Share too high?
Impinj's current Cyclically Adjusted FCF per Share is €-0.34. Overall, Impinj has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Cyclically Adjusted FCF per Share compare to NVTS and POWI?
Impinj's Cyclically Adjusted FCF per Share of €-0.34 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors 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 Impinj and its competitors. Impinj's current Cyclically Adjusted FCF per Share is €-0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (MIL:1PI) is currently considered Modestly Overvalued. The stock's GF Value™ is €100.27, compared to a current price of €115.35 — trading 15% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.34. Impinj's overall GF Score™ is 52/100 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 Impinj (MIL:1PI), the current Cyclically Adjusted FCF per Share is €-0.34 as of Mar. 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 Impinj (MIL:1PI) Overvalued in 2026?

Based on GuruFocus' analysis, Impinj stock appears to be overvalued. The current stock price of €115.35 is trading 15% above its estimated GF Value™ of €100.27. GuruFocus considers Impinj to be Modestly Overvalued.

Key valuation signals for MIL:1PI:

  • Cyclically Adjusted FCF per Share: €-0.34
  • GF Value™: €100.27 vs. price of €115.35 (15% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the MIL:1PI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Impinj Business Description

Address 400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
52GF Score

Get the complete analysis for MIL:1PI

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

€115.35
Price
€100.27
GF Value