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Cisco Systems (XSGO:CSCO) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Cisco Systems 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


Cisco Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cisco Systems'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.

Cisco Systems Cyclically Adjusted Price-to-FCF Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.77 18.00 18.97 14.03 14.79

Cisco Systems Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 13.74 14.79 14.73 14.42 -

Competitive Comparison of Cisco Systems's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Cisco Systems'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.


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

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

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



Cisco Systems 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.

Cisco Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Cisco Systems's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.939/131.7762*131.7762
=0.939

Current CPI (Apr. 2024) = 131.7762.

Cisco Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.633 100.520 0.830
201410 0.428 100.176 0.563
201501 0.507 98.604 0.678
201504 0.521 99.824 0.688
201507 0.745 100.691 0.975
201510 0.490 100.346 0.643
201601 0.708 99.957 0.933
201604 0.545 100.947 0.711
201607 0.701 101.524 0.910
201610 0.485 101.988 0.627
201701 0.699 102.456 0.899
201704 0.623 103.167 0.796
201707 0.754 103.278 0.962
201710 0.583 104.070 0.738
201801 0.784 104.578 0.988
201804 0.449 105.708 0.560
201807 0.802 106.324 0.994
201810 0.770 106.695 0.951
201901 0.785 106.200 0.974
201904 0.929 107.818 1.135
201907 0.871 108.250 1.060
201910 0.792 108.577 0.961
202001 0.848 108.841 1.027
202004 0.958 108.173 1.167
202007 0.847 109.318 1.021
202010 0.925 109.861 1.110
202101 0.658 110.364 0.786
202104 0.875 112.673 1.023
202107 1.026 115.183 1.174
202110 0.779 116.696 0.880
202201 0.559 118.619 0.621
202204 0.853 121.978 0.922
202207 0.851 125.002 0.897
202210 0.920 125.734 0.964
202301 1.110 126.223 1.159
202304 1.204 127.992 1.240
202307 1.403 128.974 1.433
202310 0.547 129.810 0.555
202401 0.157 130.124 0.159
202404 0.939 131.776 0.939

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.


Cisco Systems  (XSGO:CSCO) 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.


Cisco Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Cisco Systems (XSGO:CSCO) Business Description

Industry
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.