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VIAV (Viavi Solutions) Cyclically Adjusted Price-to-FCF : 23.81 (As of Jun. 28, 2025)


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What is Viavi Solutions Cyclically Adjusted Price-to-FCF?

As of today (2025-06-28), Viavi Solutions's current share price is $10.00. Viavi Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.42. Viavi Solutions's Cyclically Adjusted Price-to-FCF for today is 23.81.

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

VIAV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.57   Med: 33.48   Max: 55.55
Current: 23.98

During the past years, Viavi Solutions's highest Cyclically Adjusted Price-to-FCF was 55.55. The lowest was 18.57. And the median was 33.48.

VIAV's Cyclically Adjusted Price-to-FCF is ranked better than
55.48% of 1004 companies
in the Hardware industry
Industry Median: 27.415 vs VIAV: 23.98

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.

Viavi Solutions's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.004. 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 $0.42 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viavi Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Viavi Solutions'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.

Viavi Solutions Cyclically Adjusted Price-to-FCF Chart

Viavi Solutions 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 44.62 52.24 34.19 31.50 18.53

Viavi Solutions 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 24.63 18.53 24.60 26.07 26.84

Competitive Comparison of Viavi Solutions's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Viavi Solutions'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.


Viavi Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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


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Viavi Solutions 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.

Viavi Solutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.00/0.42
=23.81

* 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.

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

For example, Viavi Solutions'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)
=0.004/134.9266*134.9266
=0.004

Current CPI (Mar. 2025) = 134.9266.

Viavi Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.064 100.684 0.086
201509 -0.061 100.392 -0.082
201512 -0.026 99.792 -0.035
201603 0.124 100.470 0.167
201606 0.088 101.688 0.117
201609 0.014 101.861 0.019
201612 0.057 101.863 0.076
201703 0.045 102.862 0.059
201706 0.124 103.349 0.162
201709 0.011 104.136 0.014
201712 0.077 104.011 0.100
201803 -0.006 105.290 -0.008
201806 0.021 106.317 0.027
201809 0.068 106.507 0.086
201812 0.128 105.998 0.163
201903 0.134 107.251 0.169
201906 0.075 108.070 0.094
201909 0.102 108.329 0.127
201912 0.133 108.420 0.166
202003 0.125 108.902 0.155
202006 0.082 108.767 0.102
202009 0.241 109.815 0.296
202012 0.252 109.897 0.309
202103 0.166 111.754 0.200
202106 0.154 114.631 0.181
202109 0.163 115.734 0.190
202112 0.016 117.630 0.018
202203 0.041 121.301 0.046
202206 0.212 125.017 0.229
202209 0.051 125.227 0.055
202212 0.124 125.222 0.134
202303 0.031 127.348 0.033
202306 0.072 128.729 0.075
202309 0.194 129.860 0.202
202312 0.065 129.419 0.068
202403 0.073 131.776 0.075
202406 0.100 132.554 0.102
202409 0.028 133.029 0.028
202412 0.162 133.157 0.164
202503 0.004 134.927 0.004

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.


Viavi Solutions  (NAS:VIAV) 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.


Viavi Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Viavi Solutions Business Description

Industry
Traded in Other Exchanges
Address
1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, USA, 85286
Viavi Solutions Inc. is an international provider of network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of its revenue from the United States. Additionally, it manufactures and sells optical filters for 3D sensing products that allow facial recognition security authentication for mobile devices.
Executives
Richard Belluzzo director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Paul Mcnab officer: EVP, Chief Mktg & Stgy Officer C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Kevin Christopher Siebert officer: SVP Gen. Counsel & Secretary 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Luke M Scrivanich officer: SVP General Manager OSP 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Masood Jabbar director 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Ralph Rondinone officer: SVP Global Operations NSE C/O JDS UNIPHASE, 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Gary W Staley officer: SVP Global Sales NSE VIAVI SOLUTIONS, INC., 430 NORTH MCCARTHY BLVD., MILPITAS CA 95035
Oleg Khaykin officer: President & CEO
Doug Gilstrap director 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286
Joanne Solomon director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Timothy Campos director C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Henk Derksen officer: EVP, CFO 1 N. BRENTWOOD BLVD., SUITE 1500, SAINT LOUIS MO 63105
Pamela K. Avent officer: Interim CFO C/O VIAVI SOLUTIONS INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085