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Alcatel-Lucent (XPAR:ALUNV) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Alcatel-Lucent Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcatel-Lucent Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alcatel-Lucent'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.

Alcatel-Lucent Cyclically Adjusted Price-to-FCF Chart

Alcatel-Lucent Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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Alcatel-Lucent Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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Competitive Comparison of Alcatel-Lucent's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Alcatel-Lucent'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.


Alcatel-Lucent's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Alcatel-Lucent 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.

Alcatel-Lucent's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Alcatel-Lucent's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-1.1/100.6300*100.6300
=-1.100

Current CPI (Jun. 2016) = 100.6300.

Alcatel-Lucent Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200606 0.059 89.650 0.066
200609 -0.090 89.600 -0.101
200612 0.150 89.710 0.168
200703 -0.243 89.950 -0.272
200706 -0.223 90.720 -0.247
200709 -0.035 90.960 -0.039
200712 -0.101 92.030 -0.110
200803 -0.198 92.810 -0.215
200806 -0.170 93.960 -0.182
200809 -0.050 93.670 -0.054
200812 0.111 92.950 0.120
200903 -0.237 93.090 -0.256
200906 -0.308 93.500 -0.331
200909 0.160 93.330 0.173
200912 0.077 93.800 0.083
201003 -0.190 94.570 -0.202
201006 -0.192 94.910 -0.204
201009 -0.209 94.790 -0.222
201012 0.231 95.450 0.244
201103 -0.094 96.450 -0.098
201106 -0.151 96.910 -0.157
201109 -0.152 96.910 -0.158
201112 0.143 97.800 0.147
201203 -0.070 98.670 -0.071
201206 -0.237 98.780 -0.241
201209 -0.159 98.760 -0.162
201212 0.096 99.100 0.097
201303 -0.221 99.630 -0.223
201306 -0.105 99.700 -0.106
201309 -0.091 99.630 -0.092
201312 0.114 99.800 0.115
201403 -0.144 100.240 -0.145
201406 -0.077 100.180 -0.077
201409 -0.029 99.920 -0.029
201412 0.076 99.860 0.077
201503 0.000 100.170 0.000
201506 -0.196 100.440 -0.196
201509 -0.039 99.950 -0.039
201512 0.355 100.040 0.357
201606 -1.100 100.630 -1.100

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.


Alcatel-Lucent  (XPAR:ALUNV) 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.


Alcatel-Lucent Cyclically Adjusted Price-to-FCF Related Terms

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


Alcatel-Lucent (XPAR:ALUNV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alcatel-Lucent SA was incorporated on June 18, 1898. The Company is engaged in designing, manufacturing, operations and sales of equipment, material and software related to domestic, industrial, civil, military or other applications concerning electricity, telecommunications, computers, electronics, aerospace industry, nuclear energy, metallurgy, and, in general, of all the means of production or transmission of energy or communication. The Company's core Networking segment includes three business divisions: IP Routing, IP Transport and IP Platforms. The IP ROUTING focus is on the intelligent IP router market and emerging Software Defined Networking (SDN) markets and related professional services. In IP TRANSPORT segment company designs, manufactures and markets optical networking equipment to transport information over fiber optic connections over long distances on land or under sea, as well as for short distances in metropolitan and regional areas. The portfolio also includes related professional services and microwave wireless transmission equipment. In IP PLATFORMS, the Company offers software and services to service providers that allow them to meet the market evolution needs of mobile and fixed networks. The Company's access segment includes four business divisions: WIRELESS are committed to a wireless access portfolio that is suited to the operators that are moving to 4G/LTE quickly and decisively. FIXED ACCESS IP-based fixed access products and related professional services provides support for both DSL and fiber, allowing service providers to extend Ultra-Broadband access to the customer's premise regardless of technology and to seamlessly combine copper and fiber access technologies and FTTx deployment models to achieve the fastest return-on-investment and time-to-market. In LICENSING the Intellectual Property Business Group works to monetize the patent portfolio through licensing and patent sales while also maintaining and prosecuting patents. The managed services portfolio includes Build-Operate-Manage-Transfer (BOMT) Solutions, Operations Transformation Solutions, and Network Operations Services. These services can be delivered across a wide array of network technologies including Network Access (FTTx), Next generation wireless (LTE, Small Cells, 4G), and IP Networks. The Company's Other segment includes Enterprise and Government businesses to provide end-to-end products, solutions and services for small, medium, large and extra-large companies to improve conversations and collaboration across employees, customers and partners. The Company sells all of its products and services to the world's telecommunications service providers through its direct sales force. The Company's competitors include Avaya, Cisco Systems, Ericsson, Fujitsu, Huawei, Nokia Solutions and Networks (NSN), Samsung, Adtran, Calix, Ciena, Juniper, Ericsson and Huawei.

Alcatel-Lucent (XPAR:ALUNV) Headlines

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