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Napatech A/S (OSL:NAPA) Cyclically Adjusted FCF per Share : kr-1.00 (As of Mar. 2024)


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What is Napatech A/S 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.

Napatech A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-0.111. 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 kr-1.00 for the trailing ten years ended in Mar. 2024.

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 (2024-06-07), Napatech A/S's current stock price is kr31.80. Napatech A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-1.00. Napatech A/S's Cyclically Adjusted Price-to-FCF of today is .


Napatech A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Napatech A/S'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.

Napatech A/S Cyclically Adjusted FCF per Share Chart

Napatech A/S 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 - - - -1.07 -1.08

Napatech A/S 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 -1.05 -1.07 -1.09 -1.08 -1.00

Competitive Comparison of Napatech A/S's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Napatech A/S'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.


Napatech A/S's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Napatech A/S's Cyclically Adjusted Price-to-FCF falls into.



Napatech A/S 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, Napatech A/S'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)
=-0.111/118.4000*118.4000
=-0.111

Current CPI (Mar. 2024) = 118.4000.

Napatech A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.336 99.700 -0.399
201409 -0.220 99.700 -0.261
201412 0.115 99.400 0.137
201503 -0.775 100.200 -0.916
201506 -0.439 100.300 -0.518
201509 -0.260 100.200 -0.307
201512 0.967 99.800 1.147
201603 -0.327 100.200 -0.386
201606 -0.928 100.600 -1.092
201609 -0.075 100.200 -0.089
201612 -0.116 100.300 -0.137
201703 -0.013 101.200 -0.015
201706 -1.024 101.200 -1.198
201709 -0.581 101.800 -0.676
201712 -0.008 101.300 -0.009
201803 -1.076 101.700 -1.253
201806 -1.532 102.300 -1.773
201809 -1.420 102.400 -1.642
201812 0.312 102.100 0.362
201903 0.009 102.900 0.010
201906 0.082 102.900 0.094
201909 -0.062 102.900 -0.071
201912 0.161 102.900 0.185
202003 -0.018 103.300 -0.021
202006 0.197 103.200 0.226
202009 0.182 103.500 0.208
202012 0.148 103.400 0.169
202103 -0.318 104.300 -0.361
202106 -0.127 105.000 -0.143
202109 0.071 105.800 0.079
202112 0.041 106.600 0.046
202203 -0.176 109.900 -0.190
202206 -0.101 113.600 -0.105
202209 -0.377 116.400 -0.383
202212 -0.282 115.900 -0.288
202303 0.292 117.300 0.295
202306 -0.447 116.400 -0.455
202309 -0.176 117.400 -0.177
202312 -0.011 116.700 -0.011
202403 -0.111 118.400 -0.111

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


Napatech A/S  (OSL:NAPA) 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.


Napatech A/S Cyclically Adjusted FCF per Share Related Terms

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


Napatech A/S (OSL:NAPA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Napatech A/S (OSL:NAPA) » Definitions » Cyclically Adjusted FCF per Share
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Tobaksvejen 23A, Soeborg, Copenhagen, DNK, DK-2860
Napatech A/S provides is a tech company. It enhances open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. The Group manufactures and sells network adapters to end-users and through third-party channel partners.