GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Impinj Inc (NAS:PI) » Definitions » Cyclically Adjusted FCF per Share

Impinj (Impinj) Cyclically Adjusted FCF per Share : $-0.91 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Impinj 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.

Impinj's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.716. 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 $-0.91 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-04-27), Impinj's current stock price is $150.91. Impinj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.91. Impinj's Cyclically Adjusted Price-to-FCF of today is .


Impinj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Impinj'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.

Impinj Cyclically Adjusted FCF per Share Chart

Impinj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.13

Impinj 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 - - -1.16 -1.13 -0.91

Competitive Comparison of Impinj's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Impinj'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.


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

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

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



Impinj 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, Impinj'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)
=1.716/129.4194*129.4194
=1.716

Current CPI (Mar. 2024) = 129.4194.

Impinj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201012 0.000 92.474 0.000
201103 -0.658 94.283 -0.903
201412 0.000 99.070 0.000
201503 -0.155 99.621 -0.201
201506 -0.167 100.684 -0.215
201509 -0.182 100.392 -0.235
201512 0.192 99.792 0.249
201603 -0.205 100.470 -0.264
201606 -0.266 101.688 -0.339
201609 -0.265 101.861 -0.337
201612 -0.059 101.863 -0.075
201703 -0.877 102.862 -1.103
201706 -0.440 103.349 -0.551
201709 -0.591 104.136 -0.734
201712 -0.154 104.011 -0.192
201803 -0.579 105.290 -0.712
201806 -0.241 106.317 -0.293
201809 -0.111 106.507 -0.135
201812 0.075 105.998 0.092
201903 -0.048 107.251 -0.058
201906 0.096 108.070 0.115
201909 -0.082 108.329 -0.098
201912 0.137 108.420 0.164
202003 0.033 108.902 0.039
202006 0.037 108.767 0.044
202009 -0.761 109.815 -0.897
202012 -0.175 109.897 -0.206
202103 0.210 111.754 0.243
202106 -0.325 114.631 -0.367
202109 -0.037 115.734 -0.041
202112 -0.244 117.630 -0.268
202203 -0.716 121.301 -0.764
202206 0.257 125.017 0.266
202209 0.474 125.227 0.490
202212 -0.472 125.222 -0.488
202303 -1.299 127.348 -1.320
202306 -1.064 128.729 -1.070
202309 -0.166 129.860 -0.165
202312 -0.044 129.419 -0.044
202403 1.716 129.419 1.716

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


Impinj  (NAS:PI) 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.


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.


Impinj Cyclically Adjusted FCF per Share Related Terms

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


Impinj (Impinj) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Impinj Inc (NAS:PI) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
Executives
Hussein Mecklai officer: Chief Operating Officer 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Cary Baker officer: Chief Financial Officer 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Jeffrey Dossett officer: EVP, Sales & Marketing 400 FAIRVIEW AVE. N, SUITE 1200, SEATTLE WA 98109
Diorio Chris Ph.d. director, officer: Chief Executive Officer 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Cathal G Phelan director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Steve Sanghi director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Miron Washington director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Gregory Sessler director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Meera Rao director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Van Oppen Peter H director P O BOX 97057, REDMOND WA 98073-9757
Umesh Padval director BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Daniel Patrick Gibson director, 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Denise Masters officer: VP Accounting 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Eric Brodersen officer: President and COO 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109