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Netlist (Netlist) Cyclically Adjusted FCF per Share : $-0.17 (As of Dec. 2023)


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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 Dec. 2023 was $-0.006. 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 $-0.17 for the trailing ten years ended in Dec. 2023.

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 (2024-04-27), Netlist's current stock price is $1.27. Netlist's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.17. 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 -0.29 -0.21 -0.18 -0.16 -0.17

Netlist Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.16 -0.17 -0.18 -0.17 -0.17

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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.006/129.4194*129.4194
=-0.006

Current CPI (Dec. 2023) = 129.4194.

Netlist Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.007 99.695 0.009
201406 -0.042 100.560 -0.054
201409 -0.048 100.428 -0.062
201412 -0.074 99.070 -0.097
201503 -0.114 99.621 -0.148
201506 -0.037 100.684 -0.048
201509 -0.053 100.392 -0.068
201512 -0.001 99.792 -0.001
201603 -0.095 100.470 -0.122
201606 -0.079 101.688 -0.101
201609 -0.110 101.861 -0.140
201612 -0.107 101.863 -0.136
201703 -0.039 102.862 -0.049
201706 -0.051 103.349 -0.064
201709 -0.033 104.136 -0.041
201712 -0.051 104.011 -0.063
201803 -0.038 105.290 -0.047
201806 -0.030 106.317 -0.037
201809 -0.019 106.507 -0.023
201812 -0.018 105.998 -0.022
201903 -0.032 107.251 -0.039
201906 -0.016 108.070 -0.019
201909 -0.017 108.329 -0.020
201912 -0.014 108.420 -0.017
202003 -0.026 108.902 -0.031
202006 0.009 108.767 0.011
202009 -0.022 109.815 -0.026
202012 -0.006 109.897 -0.007
202103 -0.021 111.754 -0.024
202106 0.133 114.631 0.150
202109 -0.032 115.734 -0.036
202112 -0.063 117.630 -0.069
202203 0.004 121.301 0.004
202206 -0.012 125.017 -0.012
202209 -0.070 125.227 -0.072
202212 0.011 125.222 0.011
202303 -0.054 127.348 -0.055
202306 -0.067 128.729 -0.067
202309 -0.046 129.860 -0.046
202312 -0.006 129.419 -0.006

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


Netlist  (OTCPK:NLST) 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 (Netlist) 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.
Executives
Gail Misako Itow officer: Vice President and CFO C/O NETLIST, INC., 51 DISCOVERY, STE 150, IRVINE CA 92618
Chun K Hong director, 10 percent owner, officer: President,CEO & Chairman C/O NETLIST, INC., 51 DISCOVERY, STE 150, IRVINE CA 92618
Kiho Choi director 3435 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90010
Jeff Benck director BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Vince Sheeran director 175 TECHNOLOGY DRIVE, IRVINE CA 92618
Jun Cho director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
Blake Welcher director 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Charles F Cargile director C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Hk Desai director 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Claude M Leglise director 875 MAHLER RD, STE 280, BURLINGAME CA 94010
Richard Char director 45 WEST 36TH STREET, NEW YORK NY 10018
Thomas F Lagatta director MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Alan H Portnoy director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
Nam Ki Hong director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
James Patrick Perrott officer: SVP of Sales and Marketing 51 DISCOVERY, IRVINE CA 92618