GURUFOCUS.COM » STOCK LIST » Technology » Software » New Relic Inc (NYSE:NEWR) » Definitions » Cyclically Adjusted Price-to-FCF

New Relic (New Relic) Cyclically Adjusted Price-to-FCF : 434.95 (As of Jun. 01, 2024)


View and export this data going back to 2014. Start your Free Trial

What is New Relic Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), New Relic's current share price is $86.99. New Relic's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.20. New Relic's Cyclically Adjusted Price-to-FCF for today is 434.95.

The historical rank and industry rank for New Relic's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NEWR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 178.59   Med: 277.92   Max: 589.1
Current: 277.9

During the past years, New Relic's highest Cyclically Adjusted Price-to-FCF was 589.10. The lowest was 178.59. And the median was 277.92.

NEWR's Cyclically Adjusted Price-to-FCF is not ranked
in the Software industry.
Industry Median: 28.27 vs NEWR: 277.90

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.

New Relic's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $-0.503. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.20 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Relic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New Relic'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.

New Relic Cyclically Adjusted Price-to-FCF Chart

New Relic Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 311.02

New Relic Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 489.13 311.02 178.65 277.90

Competitive Comparison of New Relic's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, New Relic'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.


New Relic's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



New Relic 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.

New Relic's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=86.99/0.2
=434.95

* 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.

New Relic's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, New Relic's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.503/129.8595*129.8595
=-0.503

Current CPI (Sep. 2023) = 129.8595.

New Relic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 -0.288 100.560 -0.372
201409 -0.255 100.428 -0.330
201412 -0.315 99.070 -0.413
201503 -0.096 99.621 -0.125
201506 -0.149 100.684 -0.192
201509 -0.162 100.392 -0.210
201512 0.085 99.792 0.111
201603 -0.077 100.470 -0.100
201606 0.023 101.688 0.029
201609 -0.147 101.861 -0.187
201612 -0.076 101.863 -0.097
201703 0.072 102.862 0.091
201706 0.178 103.349 0.224
201709 -0.161 104.136 -0.201
201712 0.050 104.011 0.062
201803 0.107 105.290 0.132
201806 0.739 106.317 0.903
201809 -0.011 106.507 -0.013
201812 -0.132 105.998 -0.162
201903 0.585 107.251 0.708
201906 0.326 108.070 0.392
201909 -0.137 108.329 -0.164
201912 -0.568 108.420 -0.680
202003 0.860 108.902 1.026
202006 0.388 108.767 0.463
202009 0.088 109.815 0.104
202012 -0.208 109.897 -0.246
202103 0.348 111.754 0.404
202106 0.076 114.631 0.086
202109 -0.635 115.734 -0.713
202112 -0.353 117.630 -0.390
202203 0.671 121.301 0.718
202206 0.577 125.017 0.599
202209 -0.641 125.227 -0.665
202212 -0.433 125.222 -0.449
202303 0.989 127.348 1.009
202306 1.057 128.729 1.066
202309 -0.503 129.860 -0.503

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.


New Relic  (NYSE:NEWR) 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.


New Relic Cyclically Adjusted Price-to-FCF Related Terms

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


New Relic (New Relic) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » New Relic Inc (NYSE:NEWR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
188 Spear Street, Suite 1000, San Francisco, CA, USA, 94105
New Relic Inc is a provider of software analytics solutions for organizations to collect, store, and analyze massive amounts of software data in real-time. The firm's flagship New Relic Software Analytics Cloud is made up of a suite of products, a Big Data database, and an open platform. Its solutions include diagnostics, reporting and alerting, transaction monitoring, and performance monitoring capabilities. The firm generates revenue from subscription-based arrangements for software offerings, typically for a year. A majority of the firm's revenue is generated in the United States, and the rest from Europe, the Middle East, and Africa; the Asia-Pacific; and other regions.
Executives
Thomas J. Lloyd officer: Chief Legal Officer, Corp Secy C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Mark Dodds officer: Chief Revenue Officer C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
William Staples officer: Chief People Officer C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
David Barter officer: Chief Financial Officer C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063
Lewis Cirne director, officer: CEO C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Kristy Friedrichs officer: Chief Operating Officer C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Radhakrishnan Mahendran director C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Mark Sachleben officer: Chief Financial Officer C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Steve Hurn officer: EVP, Worldwide Sales C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Susan Donner Arthur director 11000 OPTUM CIRCLE, EDEN PRAIRIE MN 55344
Kevin G. Galligan director C/O JANA PARTNERS LLC, 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Phalachandra Bhat director C/O NEW RELIC, INC., 388 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105
Takeshi Numoto director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1000, SAN FRANCISCO CA 94105
David J Henshall director 18880 HOMESTEAD ROAD, CUPERTINO CA 95014

New Relic (New Relic) Headlines

From GuruFocus