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Infosys (Infosys) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2023)


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What is Infosys Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Infosys's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.000. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Infosys's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Infosys was 31.50% per year. The lowest was 10.20% per year. And the median was 13.90% per year.

As of today (2024-05-15), Infosys's current stock price is $16.95. Infosys's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.00. Infosys's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Infosys was 53.59. The lowest was 20.66. And the median was 30.33.


Infosys Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Infosys's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

Infosys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.44 0.48 0.50 -

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 FCF per Share 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 0.50 - - - -

Competitive Comparison of Infosys's Cyclically Adjusted FCF per Share

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 FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

Infosys Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.102 91.425 0.171
201406 0.085 94.103 0.138
201409 0.134 96.780 0.212
201412 0.113 96.780 0.179
201503 -0.028 97.163 -0.044
201506 0.053 99.841 0.081
201509 0.086 101.753 0.130
201512 0.081 102.901 0.121
201603 0.098 102.518 0.147
201606 0.071 105.961 0.103
201609 0.101 105.961 0.146
201612 0.100 105.196 0.146
201703 0.098 105.196 0.143
201706 0.122 107.109 0.175
201709 0.083 109.021 0.117
201712 0.130 109.404 0.182
201803 0.096 109.786 0.134
201806 0.127 111.317 0.175
201809 0.083 115.142 0.110
201812 0.123 115.142 0.164
201903 0.107 118.202 0.139
201906 0.113 120.880 0.143
201909 0.093 123.175 0.116
201912 0.161 126.235 0.195
202003 0.137 124.705 0.168
202006 0.170 127.000 0.205
202009 0.159 130.118 0.187
202012 0.182 130.889 0.213
202103 0.188 131.771 0.219
202106 0.203 134.084 0.232
202109 0.165 135.847 0.186
202112 0.171 138.161 0.190
202203 0.181 138.822 0.200
202206 0.152 142.347 0.164
202209 0.140 144.661 0.148
202212 0.137 145.763 0.144
202303 0.174 146.865 0.182
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 153.255 0.000

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


Infosys  (NYSE:INFY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Infosys was 53.59. The lowest was 20.66. And the median was 30.33.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Infosys Cyclically Adjusted FCF per Share Related Terms

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


Infosys (Infosys) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Infosys Ltd (NYSE:INFY) » Definitions » Cyclically Adjusted FCF per Share
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).