Nordic Semiconductor ASA (OSL:NOD) Cyclically Adjusted FCF per Share: kr0.49 (As of Mar. 2026)

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OSL:NOD Nordic Semiconductor ASA OSL:NOD
88 GF Score
Price kr159.80
GF Value kr148.60
Valuation Fairly Valued
! 5 Warning Signs
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What is Nordic Semiconductor ASA Cyclically Adjusted FCF per Share?

Nordic Semiconductor ASA OSL:NOD +0.44% 88 Cyclically Adjusted FCF per Share is kr0.49 as of Mar. 2026. GuruFocus rates OSL:NOD with a GF Score™ of 88/100 and a GF Value™ of kr148.60 (Fairly Valued). The stock has 5 warning signs investors should review.

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.

Nordic Semiconductor ASA's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr-0.565. 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 kr0.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nordic Semiconductor ASA's average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% 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 Nordic Semiconductor ASA was 102.20% per year. The lowest was -26.00% per year. And the median was -11.05% per year.

As of today (2026-07-20), Nordic Semiconductor ASA's current stock price is kr159.80. Nordic Semiconductor ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr0.49. Nordic Semiconductor ASA's Cyclically Adjusted Price-to-FCF of today is 326.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nordic Semiconductor ASA was 10825.00. The lowest was 139.05. And the median was 343.89.


Nordic Semiconductor ASA  (OSL:NOD) 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.

Nordic Semiconductor ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=159.80/0.49
=326.12

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nordic Semiconductor ASA was 10825.00. The lowest was 139.05. And the median was 343.89.


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.


Nordic Semiconductor ASA Cyclically Adjusted FCF per Share Related Terms


Nordic Semiconductor ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Cyclically Adjusted FCF per Share Chart

Nordic Semiconductor ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.91 0.07 0.17 0.61

Nordic Semiconductor ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.44 0.68 0.61 0.61 0.49

OSL:NOD vs NVDA, AVGO, MU: Cyclically Adjusted FCF per Share Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

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


OSL:NOD
88GF Score
Nordic Semiconductor ASA OSL:NOD
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Semiconductor ASA 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, Nordic Semiconductor ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.565/141.0300*141.0300
=-0.565

Current CPI (Mar. 2026) = 141.0300.

Nordic Semiconductor ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.793 103.800 -1.077
201609 0.313 104.200 0.424
201612 -0.786 104.400 -1.062
201703 0.356 105.000 0.478
201706 -0.235 105.800 -0.313
201709 0.134 105.900 0.178
201712 0.543 106.100 0.722
201803 -0.210 107.300 -0.276
201806 -0.174 108.500 -0.226
201809 -0.561 109.500 -0.723
201812 0.888 109.800 1.141
201903 -0.253 110.400 -0.323
201906 -0.436 110.600 -0.556
201909 0.015 111.100 0.019
201912 0.097 111.300 0.123
202003 -0.289 111.200 -0.367
202006 -0.092 112.100 -0.116
202009 0.209 112.900 0.261
202012 1.571 112.900 1.962
202103 -1.483 114.600 -1.825
202106 1.850 115.300 2.263
202109 0.920 117.500 1.104
202112 1.670 118.900 1.981
202203 1.200 119.800 1.413
202206 1.197 122.600 1.377
202209 1.899 125.600 2.132
202212 1.372 125.900 1.537
202303 -7.544 127.600 -8.338
202306 1.163 130.400 1.258
202309 -1.125 129.800 -1.222
202312 -1.568 131.900 -1.677
202403 -2.238 132.600 -2.380
202406 1.488 133.800 1.568
202409 0.339 133.700 0.358
202412 2.217 134.800 2.319
202503 1.697 136.100 1.758
202506 1.751 137.800 1.792
202509 -0.341 138.500 -0.347
202512 0.133 139.100 0.135
202603 -0.565 141.030 -0.565

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

What does a Cyclically Adjusted FCF per Share of kr0.49 mean?
Nordic Semiconductor ASA (OSL:NOD) has a Cyclically Adjusted FCF per Share of kr0.49 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Nordic Semiconductor ASA and its competitors.
Is Nordic Semiconductor ASA's Cyclically Adjusted FCF per Share too high?
Nordic Semiconductor ASA's current Cyclically Adjusted FCF per Share is kr0.49. Overall, Nordic Semiconductor ASA has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Cyclically Adjusted FCF per Share compare to NVDA and AVGO?
Nordic Semiconductor ASA's Cyclically Adjusted FCF per Share of kr0.49 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Nordic Semiconductor ASA and its competitors. Nordic Semiconductor ASA's current Cyclically Adjusted FCF per Share is kr0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (OSL:NOD) is currently considered Fairly Valued. The stock's GF Value™ is kr148.60, compared to a current price of kr159.80 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is kr0.49. Nordic Semiconductor ASA's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Nordic Semiconductor ASA (OSL:NOD), the current Cyclically Adjusted FCF per Share is kr0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nordic Semiconductor ASA (OSL:NOD) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of kr159.80 is trading 7.5% above its estimated GF Value™ of kr148.60. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for OSL:NOD:

  • Cyclically Adjusted FCF per Share: kr0.49
  • GF Value™: kr148.60 vs. price of kr159.80 (7.5% above fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the OSL:NOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
88GF Score

Get the complete analysis for OSL:NOD

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr159.80
Price
kr148.60
GF Value