GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Netlist Inc (STU:XAB) » Definitions » Cyclically Adjusted FCF per Share

Netlist (STU:XAB) Cyclically Adjusted FCF per Share : €-0.16 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Netlist Cyclically Adjusted FCF per Share?

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.

Netlist's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.051. 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 €-0.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Netlist was 18.00% per year. The lowest was -12.10% per year. And the median was 2.70% per year.

As of today (2024-06-06), Netlist's current stock price is €1.235. Netlist's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.16. Netlist's Cyclically Adjusted Price-to-FCF of today is .


Netlist Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Netlist'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.

* Premium members only.

Netlist Cyclically Adjusted FCF per Share Chart

Netlist Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.16 -0.15 -0.14 -0.14

Netlist Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.15 -0.16 -0.16 -0.14 -0.16

Competitive Comparison of Netlist's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Netlist'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.


Netlist's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Netlist 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, Netlist'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)
=-0.051/131.7762*131.7762
=-0.051

Current CPI (Mar. 2024) = 131.7762.

Netlist Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.031 100.560 -0.041
201409 -0.037 100.428 -0.049
201412 -0.060 99.070 -0.080
201503 -0.106 99.621 -0.140
201506 -0.033 100.684 -0.043
201509 -0.048 100.392 -0.063
201512 -0.001 99.792 -0.001
201603 -0.085 100.470 -0.111
201606 -0.070 101.688 -0.091
201609 -0.098 101.861 -0.127
201612 -0.102 101.863 -0.132
201703 -0.036 102.862 -0.046
201706 -0.046 103.349 -0.059
201709 -0.028 104.136 -0.035
201712 -0.043 104.011 -0.054
201803 -0.031 105.290 -0.039
201806 -0.026 106.317 -0.032
201809 -0.017 106.507 -0.021
201812 -0.016 105.998 -0.020
201903 -0.028 107.251 -0.034
201906 -0.014 108.070 -0.017
201909 -0.016 108.329 -0.019
201912 -0.012 108.420 -0.015
202003 -0.023 108.902 -0.028
202006 0.008 108.767 0.010
202009 -0.018 109.815 -0.022
202012 -0.005 109.897 -0.006
202103 -0.018 111.754 -0.021
202106 0.111 114.631 0.128
202109 -0.027 115.734 -0.031
202112 -0.056 117.630 -0.063
202203 0.004 121.301 0.004
202206 -0.011 125.017 -0.012
202209 -0.071 125.227 -0.075
202212 0.011 125.222 0.012
202303 -0.051 127.348 -0.053
202306 -0.062 128.729 -0.063
202309 -0.043 129.860 -0.044
202312 -0.006 129.419 -0.006
202403 -0.051 131.776 -0.051

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


Netlist  (STU:XAB) 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.


Netlist Cyclically Adjusted FCF per Share Related Terms

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


Netlist (STU:XAB) Business Description

Industry
Traded in Other Exchanges
Address
111 Academy, Suite 100, Irvine, CA, USA, 92617
Netlist Inc is involved in the business of designing and manufacturing modular memory subsystems and also cloud service providers. Its products include Storage class memory, nonvolatile memory, specialty DIMMs and embedded flash. The company's products are based on its proprietary technologies such as Presight technology, Distributed buffer architecture, IC design, PCB designs, Thermal management designs.

Netlist (STU:XAB) Headlines

No Headlines