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AVNW (Aviat Networks) Cyclically Adjusted Price-to-FCF : 60.16 (As of Jun. 17, 2025)


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What is Aviat Networks Cyclically Adjusted Price-to-FCF?

As of today (2025-06-17), Aviat Networks's current share price is $22.26. Aviat Networks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.37. Aviat Networks's Cyclically Adjusted Price-to-FCF for today is 60.16.

The historical rank and industry rank for Aviat Networks's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AVNW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 45.59   Med: 83.52   Max: 153.33
Current: 59.54

During the past years, Aviat Networks's highest Cyclically Adjusted Price-to-FCF was 153.33. The lowest was 45.59. And the median was 83.52.

AVNW's Cyclically Adjusted Price-to-FCF is ranked worse than
72.14% of 1005 companies
in the Hardware industry
Industry Median: 26.97 vs AVNW: 59.54

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.

Aviat Networks's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $-0.091. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.37 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aviat Networks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aviat Networks's Cyclically Adjusted Price-to-FCF 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.

Aviat Networks Cyclically Adjusted Price-to-FCF Chart

Aviat Networks Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 87.94

Aviat Networks Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 136.01 87.94 148.80 50.15 51.84

Competitive Comparison of Aviat Networks's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Aviat Networks'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.


Aviat Networks's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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


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Aviat Networks Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Aviat Networks's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.26/0.37
=60.16

* 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.

Aviat Networks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Aviat Networks'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)
=-0.091/134.9266*134.9266
=-0.091

Current CPI (Mar. 2025) = 134.9266.

Aviat Networks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.076 100.684 -0.102
201509 0.133 100.392 0.179
201512 0.405 99.792 0.548
201603 0.015 100.470 0.020
201606 -0.665 101.688 -0.882
201609 0.186 101.861 0.246
201612 0.325 101.863 0.430
201703 0.448 102.862 0.588
201706 -0.456 103.349 -0.595
201709 0.332 104.136 0.430
201712 0.205 104.011 0.266
201803 -0.337 105.290 -0.432
201806 -0.051 106.317 -0.065
201809 -0.802 106.507 -1.016
201812 0.427 105.998 0.544
201903 0.454 107.251 0.571
201906 -0.319 108.070 -0.398
201909 0.393 108.329 0.489
201912 0.372 108.420 0.463
202003 0.210 108.902 0.260
202006 0.193 108.767 0.239
202009 0.291 109.815 0.358
202012 0.492 109.897 0.604
202103 0.249 111.754 0.301
202106 0.219 114.631 0.258
202109 0.028 115.734 0.033
202112 -0.275 117.630 -0.315
202203 -0.753 121.301 -0.838
202206 1.092 125.017 1.179
202209 -0.606 125.227 -0.653
202212 -0.190 125.222 -0.205
202303 -0.423 127.348 -0.448
202306 0.593 128.729 0.622
202309 1.111 129.860 1.154
202312 -0.632 129.419 -0.659
202403 1.160 131.776 1.188
202406 0.584 132.554 0.594
202409 -2.577 133.029 -2.614
202412 1.429 133.157 1.448
202503 -0.091 134.927 -0.091

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


Aviat Networks  (NAS:AVNW) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Aviat Networks Cyclically Adjusted Price-to-FCF Related Terms

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


Aviat Networks Business Description

Industry
Traded in Other Exchanges
Address
200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc is a networking solutions provider. It designs, manufactures and sells wireless networking products, solutions, and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies, and broadcast network operators around the world. The company's product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
Executives
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
Pete A Smith officer: President and CEO C/O AVIAT NETWORKS, INC., 200 PARKER DR SUITE C100A, AUSTIN TX 78728
Bryan Tucker officer: Sr. VP, Americas Sales and Ser 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Erin Boase officer: VP Legal Affairs AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Gary Croke officer: VP Marketing and PLM AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
David M Gray officer: Sr VP and CFO AVIAT NETWORKS, INC, 200 PARKER DRIVE, SUITE C 100A, AUSTIN TX 78726
Bruce M. Taten director 600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Somesh Singh director 1301 S MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Bryan Ingram director C/O AVAGO TECHNOLOGIES LIMITED, 350 WEST TRIMBLE ROAD, BLDG. 90, SAN JOSE CA 95131
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618