GURUFOCUS.COM » STOCK LIST » Technology » Software » Infosys Ltd (BSP:I1FO34) » Definitions » Cyclically Adjusted Price-to-FCF

Infosys (BSP:I1FO34) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Infosys Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infosys Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Infosys'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.

Infosys Cyclically Adjusted Price-to-FCF Chart

Infosys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.23 42.13 51.57 34.68 -

Infosys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34.68 - - - -

Competitive Comparison of Infosys's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Infosys'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.


Infosys's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Infosys 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.

Infosys's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Infosys's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

Infosys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.236 91.425 0.395
201406 0.191 94.103 0.310
201409 0.314 96.780 0.496
201412 0.298 96.780 0.471
201503 -0.089 97.163 -0.140
201506 0.163 99.841 0.250
201509 0.334 101.753 0.502
201512 0.315 102.901 0.468
201603 0.362 102.518 0.540
201606 0.243 105.961 0.351
201609 0.329 105.961 0.475
201612 0.334 105.196 0.486
201703 0.306 105.196 0.445
201706 0.402 107.109 0.574
201709 0.259 109.021 0.363
201712 0.429 109.404 0.600
201803 0.315 109.786 0.439
201806 0.478 111.317 0.657
201809 0.340 115.142 0.452
201812 0.476 115.142 0.632
201903 0.412 118.202 0.533
201906 0.434 120.880 0.549
201909 0.384 123.175 0.477
201912 0.660 126.235 0.800
202003 0.670 124.705 0.822
202006 0.880 127.000 1.060
202009 0.857 130.118 1.007
202012 0.934 130.889 1.091
202103 1.058 131.771 1.228
202106 1.020 134.084 1.163
202109 0.872 135.847 0.982
202112 0.968 138.161 1.071
202203 0.901 138.822 0.993
202206 0.769 142.347 0.826
202209 0.735 144.661 0.777
202212 0.718 145.763 0.753
202303 0.908 146.865 0.945
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000

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.


Infosys  (BSP:I1FO34) 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.


Infosys Cyclically Adjusted Price-to-FCF Related Terms

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


Infosys (BSP:I1FO34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Infosys Ltd (BSP:I1FO34) » Definitions » Cyclically Adjusted Price-to-FCF
Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bangalore, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service (BPaaS).

Infosys (BSP:I1FO34) Headlines

No Headlines