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Juniper Networks (BSP:J1NP34) Cyclically Adjusted Price-to-FCF : 16.77 (As of May. 14, 2024)


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

As of today (2024-05-14), Juniper Networks's current share price is R$177.26. Juniper Networks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$10.57. Juniper Networks's Cyclically Adjusted Price-to-FCF for today is 16.77.

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

BSP:J1NP34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.56   Med: 17.08   Max: 24.77
Current: 16.35

During the past years, Juniper Networks's highest Cyclically Adjusted Price-to-FCF was 24.77. The lowest was 10.56. And the median was 17.08.

BSP:J1NP34's Cyclically Adjusted Price-to-FCF is ranked better than
73.68% of 965 companies
in the Hardware industry
Industry Median: 29.67 vs BSP:J1NP34: 16.35

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.

Juniper Networks's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$4.480. 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 R$10.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Juniper Networks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Juniper 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.

Juniper Networks Cyclically Adjusted Price-to-FCF Chart

Juniper Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.75 13.18 19.33 16.73 14.47

Juniper Networks 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 17.14 15.13 12.97 14.47 17.57

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

For the Communication Equipment subindustry, Juniper 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.


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

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

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



Juniper 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=177.26/10.57
=16.77

* 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.

Juniper Networks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Juniper Networks'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)
=4.48/129.4194*129.4194
=4.480

Current CPI (Mar. 2024) = 129.4194.

Juniper Networks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.794 100.560 2.309
201409 -0.576 100.428 -0.742
201412 1.447 99.070 1.890
201503 1.328 99.621 1.725
201506 1.752 100.684 2.252
201509 2.225 100.392 2.868
201512 0.676 99.792 0.877
201603 1.169 100.470 1.506
201606 2.591 101.688 3.298
201609 1.674 101.861 2.127
201612 2.584 101.863 3.283
201703 4.147 102.862 5.218
201706 2.278 103.349 2.853
201709 1.376 104.136 1.710
201712 1.389 104.011 1.728
201803 2.081 105.290 2.558
201806 1.430 106.317 1.741
201809 2.060 106.507 2.503
201812 1.941 105.998 2.370
201903 1.432 107.251 1.728
201906 0.679 108.070 0.813
201909 1.868 108.329 2.232
201912 0.834 108.420 0.996
202003 3.651 108.902 4.339
202006 1.178 108.767 1.402
202009 1.490 109.815 1.756
202012 1.432 109.897 1.686
202103 2.765 111.754 3.202
202106 3.589 114.631 4.052
202109 1.727 115.734 1.931
202112 1.455 117.630 1.601
202203 2.527 121.301 2.696
202206 -4.483 125.017 -4.641
202209 0.445 125.227 0.460
202212 1.397 125.222 1.444
202303 2.365 127.348 2.403
202306 4.495 128.729 4.519
202309 4.399 129.860 4.384
202312 -0.397 129.419 -0.397
202403 4.480 129.419 4.480

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.


Juniper Networks  (BSP:J1NP34) 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.


Juniper Networks Cyclically Adjusted Price-to-FCF Related Terms

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


Juniper Networks (BSP:J1NP34) Business Description

Industry
Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses, while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.

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