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Infinera (Infinera) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Infinera Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Infinera Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Infinera'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.

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Infinera Cyclically Adjusted Price-to-FCF Chart

Infinera Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Infinera Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Infinera's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Infinera'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.


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

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

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



Infinera 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.

Infinera's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Infinera'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)
=0.069/131.7762*131.7762
=0.069

Current CPI (Mar. 2024) = 131.7762.

Infinera Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.046 100.560 0.060
201409 0.140 100.428 0.184
201412 0.075 99.070 0.100
201503 0.091 99.621 0.120
201506 0.329 100.684 0.431
201509 0.151 100.392 0.198
201512 0.070 99.792 0.092
201603 -0.006 100.470 -0.008
201606 0.108 101.688 0.140
201609 -0.031 101.861 -0.040
201612 -0.107 101.863 -0.138
201703 -0.080 102.862 -0.102
201706 -0.186 103.349 -0.237
201709 -0.215 104.136 -0.272
201712 -0.059 104.011 -0.075
201803 -0.147 105.290 -0.184
201806 -0.043 106.317 -0.053
201809 -0.169 106.507 -0.209
201812 -0.470 105.998 -0.584
201903 -0.356 107.251 -0.437
201906 -0.409 108.070 -0.499
201909 -0.276 108.329 -0.336
201912 -0.067 108.420 -0.081
202003 -0.549 108.902 -0.664
202006 -0.254 108.767 -0.308
202009 -0.235 109.815 -0.282
202012 0.206 109.897 0.247
202103 0.034 111.754 0.040
202106 0.035 114.631 0.040
202109 -0.094 115.734 -0.107
202112 -0.036 117.630 -0.040
202203 -0.001 121.301 -0.001
202206 -0.386 125.017 -0.407
202209 0.040 125.227 0.042
202212 -0.040 125.222 -0.042
202303 -0.084 127.348 -0.087
202306 -0.041 128.729 -0.042
202309 -0.189 129.860 -0.192
202312 0.253 129.419 0.258
202403 0.069 131.776 0.069

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.


Infinera  (NAS:INFN) 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.


Infinera Cyclically Adjusted Price-to-FCF Related Terms

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


Infinera (Infinera) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Infinera Corp (NAS:INFN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
6373 San Ignacio Avenue, San Jose, CA, USA, 95119
Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.
Executives
Michael H Fernicola officer: Chief Accounting Officer C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
David W Heard officer: GM, Products and Solutions C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
George Andrew Riedel director C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Paul J Milbury director
David F Welch officer: Chief Mkting & Strategy Ofcr C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Nicholas Walden officer: SVP, Worldwide Sales 140 CASPIAN COURT, SUNNYVALE CA 94089
Roop Kalyan Lakkaraju director BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Christine Bucklin director 608 30TH STREET, MANHATTAN BEACH CA 90266
Thomas J Fallon officer: Chief Operating Officer C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Mark A Wegleitner director C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Hooshmand Kambiz director 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Amy H. Rice director 333 SOUTH GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3