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VIAV (Viavi Solutions) Intrinsic Value: Projected FCF : $6.95 (As of Jun. 24, 2025)


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What is Viavi Solutions Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2025-06-24), Viavi Solutions's Intrinsic Value: Projected FCF is $6.95. The stock price of Viavi Solutions is $9.91. Therefore, Viavi Solutions's Price-to-Intrinsic-Value-Projected-FCF of today is 1.4.

The historical rank and industry rank for Viavi Solutions's Intrinsic Value: Projected FCF or its related term are showing as below:

VIAV' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.99   Med: 2.02   Max: 3.36
Current: 1.43

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Viavi Solutions was 3.36. The lowest was 0.99. And the median was 2.02.

VIAV's Price-to-Projected-FCF is ranked worse than
50.95% of 1680 companies
in the Hardware industry
Industry Median: 1.345 vs VIAV: 1.43

Viavi Solutions Intrinsic Value: Projected FCF Historical Data

The historical data trend for Viavi Solutions's Intrinsic Value: Projected 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.

Viavi Solutions Intrinsic Value: Projected FCF Chart

Viavi Solutions Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 6.00 6.06 6.65 6.95

Viavi Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Intrinsic Value: Projected 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 6.87 6.95 7.06 7.05 6.95

Competitive Comparison of Viavi Solutions's Intrinsic Value: Projected FCF

For the Communication Equipment subindustry, Viavi Solutions's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Viavi Solutions's Price-to-Projected-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viavi Solutions's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Viavi Solutions's Price-to-Projected-FCF falls into.


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Viavi Solutions Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Viavi Solutions's Free Cash Flow(6 year avg) = $104.48.

Viavi Solutions's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*104.48+728.8*0.8)/226.900
=6.95

* 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.


Viavi Solutions  (NAS:VIAV) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Viavi Solutions's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.91/6.9533994479789
=1.43

* 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.


Viavi Solutions Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Viavi Solutions's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Viavi Solutions Business Description

Industry
Traded in Other Exchanges
Address
1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, USA, 85286
Viavi Solutions Inc. is an international provider of network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of its revenue from the United States. Additionally, it manufactures and sells optical filters for 3D sensing products that allow facial recognition security authentication for mobile devices.
Executives
Richard Belluzzo director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Paul Mcnab officer: EVP, Chief Mktg & Stgy Officer C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Kevin Christopher Siebert officer: SVP Gen. Counsel & Secretary 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Luke M Scrivanich officer: SVP General Manager OSP 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Masood Jabbar director 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Ralph Rondinone officer: SVP Global Operations NSE C/O JDS UNIPHASE, 430 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Gary W Staley officer: SVP Global Sales NSE VIAVI SOLUTIONS, INC., 430 NORTH MCCARTHY BLVD., MILPITAS CA 95035
Oleg Khaykin officer: President & CEO
Doug Gilstrap director 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286
Joanne Solomon director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Timothy Campos director C/O JDS UNIPHASE CORPORATION, 430 N MCCARTHY BOULEVARD, MILPITAS CA 95035
Henk Derksen officer: EVP, CFO 1 N. BRENTWOOD BLVD., SUITE 1500, SAINT LOUIS MO 63105
Pamela K. Avent officer: Interim CFO C/O VIAVI SOLUTIONS INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085