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International Game Technology (STU:7IG) Cyclically Adjusted FCF per Share : €1.89 (As of Mar. 2024)


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What is International Game Technology 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.

International Game Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.163. 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 €1.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, International Game Technology's average Cyclically Adjusted FCF Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 International Game Technology was 14.20% per year. The lowest was 2.90% per year. And the median was 9.95% per year.

As of today (2024-06-04), International Game Technology's current stock price is €17.90. International Game Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.89. International Game Technology's Cyclically Adjusted Price-to-FCF of today is 9.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of International Game Technology was 18.43. The lowest was 3.36. And the median was 11.32.


International Game Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for International Game Technology'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.

International Game Technology Cyclically Adjusted FCF per Share Chart

International Game Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.49 1.73 1.83 1.98

International Game Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.93 1.79 1.87 1.98 1.89

Competitive Comparison of International Game Technology's Cyclically Adjusted FCF per Share

For the Gambling subindustry, International Game Technology'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.


International Game Technology's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Game Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



International Game Technology 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, International Game Technology's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.163/131.6000*131.6000
=0.163

Current CPI (Mar. 2024) = 131.6000.

International Game Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.637 99.800 0.840
201409 0.669 100.000 0.880
201412 1.242 99.900 1.636
201503 -0.095 99.600 -0.126
201506 0.307 100.100 0.404
201509 0.587 100.200 0.771
201512 0.968 100.400 1.269
201603 0.484 100.400 0.634
201606 0.866 101.000 1.128
201609 -0.241 101.500 -0.312
201612 -2.095 102.200 -2.698
201703 0.561 102.700 0.719
201706 -0.737 103.500 -0.937
201709 -0.448 104.300 -0.565
201712 0.501 105.000 0.628
201803 -0.229 105.100 -0.287
201806 -0.341 105.900 -0.424
201809 0.058 106.600 0.072
201812 -1.367 107.100 -1.680
201903 0.119 107.000 0.146
201906 1.443 107.900 1.760
201909 0.423 108.400 0.514
201912 1.145 108.500 1.389
202003 0.319 108.600 0.387
202006 0.494 108.800 0.598
202009 0.912 109.200 1.099
202012 0.823 109.400 0.990
202103 0.679 109.700 0.815
202106 0.732 111.400 0.865
202109 0.271 112.400 0.317
202112 1.388 114.700 1.593
202203 0.513 116.500 0.579
202206 0.546 120.500 0.596
202209 0.811 122.300 0.873
202212 0.883 125.300 0.927
202303 1.003 126.800 1.041
202306 -0.296 129.400 -0.301
202309 0.867 130.100 0.877
202312 1.349 130.500 1.360
202403 0.163 131.600 0.163

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


International Game Technology  (STU:7IG) 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.

International Game Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.90/1.89
=9.47

* 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 International Game Technology was 18.43. The lowest was 3.36. And the median was 11.32.


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.


International Game Technology Cyclically Adjusted FCF per Share Related Terms

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


International Game Technology (STU:7IG) Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.

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