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Fidelity National Information Services (WBO:FNIS) Cyclically Adjusted Price-to-FCF : 15.00 (As of Apr. 28, 2024)


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What is Fidelity National Information Services Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Fidelity National Information Services's current share price is €65.71. Fidelity National Information Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €4.38. Fidelity National Information Services's Cyclically Adjusted Price-to-FCF for today is 15.00.

The historical rank and industry rank for Fidelity National Information Services's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WBO:FNIS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.01   Med: 31.65   Max: 48.44
Current: 14.57

During the past years, Fidelity National Information Services's highest Cyclically Adjusted Price-to-FCF was 48.44. The lowest was 10.01. And the median was 31.65.

WBO:FNIS's Cyclically Adjusted Price-to-FCF is ranked better than
74.93% of 670 companies
in the Software industry
Industry Median: 28.305 vs WBO:FNIS: 14.57

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.

Fidelity National Information Services's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.945. 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 €4.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity National Information Services Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services Cyclically Adjusted Price-to-FCF Chart

Fidelity National Information Services 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 42.80 39.71 26.97 15.39 12.57

Fidelity National Information Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.39 12.12 11.80 11.74 12.57

Competitive Comparison of Fidelity National Information Services's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Fidelity National Information Services'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.


Fidelity National Information Services's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Fidelity National Information Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's Cyclically Adjusted Price-to-FCF falls into.



Fidelity National Information Services 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.

Fidelity National Information Services's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=65.71/4.38
=15.00

* 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.

Fidelity National Information Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fidelity National Information Services'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)
=1.945/129.4194*129.4194
=1.945

Current CPI (Dec. 2023) = 129.4194.

Fidelity National Information Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.329 99.695 0.427
201406 0.407 100.560 0.524
201409 0.330 100.428 0.425
201412 1.065 99.070 1.391
201503 0.419 99.621 0.544
201506 0.295 100.684 0.379
201509 0.527 100.392 0.679
201512 0.988 99.792 1.281
201603 0.659 100.470 0.849
201606 0.776 101.688 0.988
201609 0.996 101.861 1.265
201612 1.176 101.863 1.494
201703 0.840 102.862 1.057
201706 -0.181 103.349 -0.227
201709 0.999 104.136 1.242
201712 1.239 104.011 1.542
201803 0.442 105.290 0.543
201806 0.835 106.317 1.016
201809 0.821 106.507 0.998
201812 1.461 105.998 1.784
201903 0.404 107.251 0.488
201906 1.045 108.070 1.251
201909 1.147 108.329 1.370
201912 0.563 108.420 0.672
202003 0.111 108.902 0.132
202006 1.377 108.767 1.638
202009 1.544 109.815 1.820
202012 1.470 109.897 1.731
202103 0.728 111.754 0.843
202106 0.948 114.631 1.070
202109 2.155 115.734 2.410
202112 1.063 117.630 1.170
202203 0.716 121.301 0.764
202206 1.059 125.017 1.096
202209 0.910 125.227 0.940
202212 1.330 125.222 1.375
202303 0.556 127.348 0.565
202306 1.278 128.729 1.285
202309 1.255 129.860 1.251
202312 1.945 129.419 1.945

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.


Fidelity National Information Services  (WBO:FNIS) 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.


Fidelity National Information Services Cyclically Adjusted Price-to-FCF Related Terms

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Fidelity National Information Services (WBO:FNIS) Business Description

Traded in Other Exchanges
Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services' legacy operations provide core processing and ancillary services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.

Fidelity National Information Services (WBO:FNIS) Headlines

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