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Ikanos Communications (FRA:I9J1) Cyclically Adjusted FCF per Share : €0.00 (As of Jun. 2015)


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What is Ikanos Communications Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Ikanos Communications's adjusted free cash flow per share for the three months ended in Jun. 2015 was €-0.362. 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 Jun. 2015.

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 (2024-05-23), Ikanos Communications's current stock price is €1.56. Ikanos Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2015 was €0.00. Ikanos Communications's Cyclically Adjusted Price-to-FCF of today is .


Ikanos Communications Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ikanos Communications'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.

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Ikanos Communications Cyclically Adjusted FCF per Share Chart

Ikanos Communications Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted FCF per Share
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Ikanos Communications Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Ikanos Communications's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Ikanos Communications'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.


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

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

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



Ikanos Communications 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, Ikanos Communications's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2015 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=-0.362/100.6839*100.6839
=-0.362

Current CPI (Jun. 2015) = 100.6839.

Ikanos Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200509 3.690 83.876 4.429
200512 -0.497 83.032 -0.603
200603 1.618 84.298 1.933
200606 -0.908 85.606 -1.068
200609 0.267 85.606 0.314
200612 -0.563 85.142 -0.666
200703 -2.105 86.640 -2.446
200706 -0.563 87.906 -0.645
200709 -0.299 87.964 -0.342
200712 -2.071 88.616 -2.353
200803 0.591 90.090 0.660
200806 0.122 92.320 0.133
200809 -1.064 92.307 -1.161
200812 -0.901 88.697 -1.023
200903 -1.024 89.744 -1.149
200906 -0.019 91.003 -0.021
200909 -1.016 91.120 -1.123
200912 -1.533 91.111 -1.694
201003 -0.792 91.821 -0.868
201006 -0.725 91.962 -0.794
201009 -0.442 92.162 -0.483
201012 0.192 92.474 0.209
201103 0.405 94.283 0.432
201106 -0.037 95.235 -0.039
201109 0.147 95.727 0.155
201112 -0.210 95.213 -0.222
201203 0.542 96.783 0.564
201206 -0.787 96.819 -0.818
201209 -0.515 97.633 -0.531
201212 -0.288 96.871 -0.299
201303 0.014 98.209 0.014
201306 -0.807 98.518 -0.825
201309 -0.526 98.790 -0.536
201312 -1.001 98.326 -1.025
201403 -0.179 99.695 -0.181
201406 -0.873 100.560 -0.874
201409 -0.933 100.428 -0.935
201412 -0.707 99.070 -0.719
201503 -0.500 99.621 -0.505
201506 -0.362 100.684 -0.362

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


Ikanos Communications  (FRA:I9J1) 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.


Ikanos Communications Cyclically Adjusted FCF per Share Related Terms

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


Ikanos Communications (FRA:I9J1) Business Description

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Ikanos Communications Inc was incorporated in the State of California in April 1999 and reincorporated in the State of Delaware in September 2005. The Company is a provider of advanced broadband semiconductor products and software for delivering high speed broadband solutions to the digital home. The Company's broadband multi-mode and digital subscriber line processors and other semiconductor offerings power carrier infrastructure and customer premise equipment for network equipment manufacturers who, in turn, serve telecommunications service providers. The Company has developed programmable, scalable chip architectures, which form the foundation for deploying and delivering multi-play services. This communications processor architecture with wire-speed packet processing capabilities enables high-performance end user devices capable of distributing advanced services in the home. These products support telecommunications services providers' multi-play deployment plans to the digital home while keeping their capital and operating expenditures low and have been deployed by service providers in Asia, Europe, and North and South America. The Company outsources all of its semiconductor fabrication, assembly, and test functions, which allows focusing on the design, development, sales, and marketing of its products and reduces the level of its capital investment. It offers multiple product lines that are designed to address different segments of the communications processor and the high-speed broadband DSL markets. The Company currently competes or expects to compete with, among others, Alcatel-Lucent, Broadcom Corporation, Cavium, Inc., Cortina Systems, Inc., Lantiq Deutschland GmbH, Marvell Technology Group Ltd., M/A-COM Technology Solutions Holdings, Inc., PMC-Sierra, Inc., Metanoia Communication, QUALCOMM Incorporated, Realtek Semiconductor Corp., and MediaTek Inc. As of December 29, 2013, the Company had over 285 patents issued in the United States and more than 35 companion patents issued in foreign jurisdictions.

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