Nordic Semiconductor ASA (STU:N0S) Cyclically Adjusted FCF per Share: €0.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:N0S Nordic Semiconductor ASA STU:N0S
66 GF Score
Price €14.53
GF Value €13.65
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nordic Semiconductor ASA Cyclically Adjusted FCF per Share?

Nordic Semiconductor ASA STU:N0S +0.62% 66 Cyclically Adjusted FCF per Share is €0.04 as of Mar. 2026. GuruFocus rates STU:N0S with a GF Score™ of 66/100 and a GF Value™ of €13.65 (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 €-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 €0.04 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 (2026-08-03), Nordic Semiconductor ASA's current stock price is €14.53. Nordic Semiconductor ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.04. Nordic Semiconductor ASA's Cyclically Adjusted Price-to-FCF of today is 363.25.

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 343.58.


Nordic Semiconductor ASA  (STU:N0S) 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
=14.53/0.04
=363.25

* 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 343.58.


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 0.00 0.00 0.00 0.00 0.05

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 0.00 0.00 0.00 0.05 0.04

STU:N0S 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.


STU:N0S
66GF Score
Nordic Semiconductor ASA STU:N0S
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=-0.051/141.0300*141.0300
=-0.051

Current CPI (Mar. 2026) = 141.0300.

Nordic Semiconductor ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.085 103.800 -0.115
201609 0.034 104.200 0.046
201612 -0.087 104.400 -0.118
201703 0.039 105.000 0.052
201706 -0.025 105.800 -0.033
201709 0.014 105.900 0.019
201712 0.055 106.100 0.073
201803 -0.022 107.300 -0.029
201806 -0.018 108.500 -0.023
201809 -0.058 109.500 -0.075
201812 0.091 109.800 0.117
201903 -0.026 110.400 -0.033
201906 -0.045 110.600 -0.057
201909 0.002 111.100 0.003
201912 0.010 111.300 0.013
202003 -0.026 111.200 -0.033
202006 -0.009 112.100 -0.011
202009 0.019 112.900 0.024
202012 0.148 112.900 0.185
202103 -0.146 114.600 -0.180
202106 0.182 115.300 0.223
202109 0.090 117.500 0.108
202112 0.165 118.900 0.196
202203 0.123 119.800 0.145
202206 0.116 122.600 0.133
202209 0.186 125.600 0.209
202212 0.131 125.900 0.147
202303 -0.669 127.600 -0.739
202306 0.099 130.400 0.107
202309 -0.098 129.800 -0.106
202312 -0.136 131.900 -0.145
202403 -0.194 132.600 -0.206
202406 0.130 133.800 0.137
202409 0.029 133.700 0.031
202412 0.189 134.800 0.198
202503 0.147 136.100 0.152
202506 0.151 137.800 0.155
202509 -0.029 138.500 -0.030
202512 0.011 139.100 0.011
202603 -0.051 141.030 -0.051

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 €0.04 mean?
Nordic Semiconductor ASA (STU:N0S) has a Cyclically Adjusted FCF per Share of €0.04 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 €0.04. Overall, Nordic Semiconductor ASA has a GF Score™ of 66/100 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 €0.04 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 €0.04. 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 (STU:N0S) is currently considered Fairly Valued. The stock's GF Value™ is €13.65, compared to a current price of €14.53 — trading 6.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.04. Nordic Semiconductor ASA's overall GF Score™ is 66/100 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 (STU:N0S), the current Cyclically Adjusted FCF per Share is €0.04 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 (STU:N0S) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of €14.53 is trading 6.4% above its estimated GF Value™ of €13.65. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for STU:N0S:

  • Cyclically Adjusted FCF per Share: €0.04
  • GF Value™: €13.65 vs. price of €14.53 (6.4% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the STU:N0S 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.
66GF Score

Get the complete analysis for STU:N0S

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

€14.53
Price
€13.65
GF Value