NetSol Technologies (KAR:NETSOL) Cyclically Adjusted Price-to-FCF: 146.95 (As of Aug. 18, 2026) — 26% Above Median

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KAR:NETSOL NetSol Technologies Ltd KAR:NETSOL
73 GF Score
Price ₨121.97
GF Value ₨181.94
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is NetSol Technologies Cyclically Adjusted Price-to-FCF?

NetSol Technologies KAR:NETSOL -0.83% 73 Cyclically Adjusted Price-to-FCF is 146.95 as of Aug. 18, 2026, which is 26% above its 10-year median of 116.54. GuruFocus rates KAR:NETSOL with a GF Score™ of 73/100 and a GF Value™ of ₨181.94 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 750 Software companies, NetSol Technologies ranks worse than 89.73% on this metric.

As of today (2026-08-18), NetSol Technologies's current share price is ₨121.97. NetSol Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun25 was ₨0.83. NetSol Technologies's Cyclically Adjusted Price-to-FCF for today is 146.95.

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

KAR:NETSOL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 56.91   Med: 116.54   Max: 191.64
Current: 148.87

During the past 12 years, NetSol Technologies's highest Cyclically Adjusted Price-to-FCF was 191.64. The lowest was 56.91. And the median was 116.54.

KAR:NETSOL's Cyclically Adjusted Price-to-FCF is ranked worse than
89.73% of 750 companies
in the Software industry
Industry Median: 24.9 vs KAR:NETSOL: 148.87

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.

NetSol Technologies's adjusted free cash flow per share data of for the fiscal year that ended in Jun25 was ₨-13.627. 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 ₨0.83 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetSol Technologies  (KAR:NETSOL) 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.


NetSol Technologies Cyclically Adjusted Price-to-FCF Related Terms


NetSol Technologies Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for NetSol Technologies'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.

NetSol Technologies Cyclically Adjusted Price-to-FCF Chart

NetSol Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 62.11 160.94

NetSol Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 160.94 0.00 0.00 0.00

KAR:NETSOL vs IBM, ACN, FISV: Cyclically Adjusted Price-to-FCF Comparison

For the Information Technology Services subindustry, NetSol Technologies'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.


NetSol Technologies Cyclically Adjusted Price-to-FCF vs Software Industry

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

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


KAR:NETSOL
73GF Score
NetSol Technologies Ltd KAR:NETSOL
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetSol Technologies 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.

NetSol Technologies's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=121.97/0.83
=146.95

* 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.

NetSol Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun25 is calculated as:

For example, NetSol Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=-13.627/322.5610*322.5610
=-13.627

Current CPI (Jun25) = 322.5610.

NetSol Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -3.239 241.018 -4.335
201706 3.321 244.955 4.373
201806 14.075 251.989 18.017
201906 -5.998 256.143 -7.553
202006 -8.831 257.797 -11.050
202106 14.343 271.696 17.028
202206 -0.692 296.311 -0.753
202306 -14.630 305.109 -15.467
202406 21.066 314.175 21.628
202506 -13.627 322.561 -13.627

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.

What does a Cyclically Adjusted Price-to-FCF of 146.95 mean?
NetSol Technologies (KAR:NETSOL) has a Cyclically Adjusted Price-to-FCF of 146.95 as of Aug. 18, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on NetSol Technologies and its competitors. This is 26% above median its historical median of 116.54. Over the past decade, NetSol Technologies' Cyclically Adjusted Price-to-FCF has ranged from 56.91 to 191.64. According to the industry distribution chart, NetSol Technologies ranks #673 out of 750 companies in the Software industry, placing it in the top 89.7%.
Is NetSol Technologies' Cyclically Adjusted Price-to-FCF too high?
NetSol Technologies' current Cyclically Adjusted Price-to-FCF of 146.95 is 26% above median its 10-year median of 116.54. Over the past 10 years, this metric has ranged from a low of 56.91 to a high of 191.64. The Software industry median Cyclically Adjusted Price-to-FCF is 24.90. NetSol Technologies' value of 146.95 is 490.2% above this industry median. Based on the distribution chart, NetSol Technologies ranks #673 out of 750 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NetSol Technologies has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NetSol Technologies' Cyclically Adjusted Price-to-FCF compare to IBM and ACN?
According to the Software industry distribution chart, NetSol Technologies ranks #673 out of 750 companies for Cyclically Adjusted Price-to-FCF. This places NetSol Technologies in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 24.90. NetSol Technologies' value of 146.95 is 490.2% above this benchmark. Historically, NetSol Technologies' own Cyclically Adjusted Price-to-FCF has ranged from 56.91 to 191.64 over the past decade. While the company's 10-year median is 116.54 vs. the industry median of 24.90, NetSol Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Software company?
The median Cyclically Adjusted Price-to-FCF among Software companies is 24.90, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetSol Technologies's current Cyclically Adjusted Price-to-FCF of 146.95 is 490.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on NetSol Technologies and its competitors. For the Software industry, the median Cyclically Adjusted Price-to-FCF is 24.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetSol Technologies's current Cyclically Adjusted Price-to-FCF is 146.95, which is 26% above median its own 10-year median of 116.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetSol Technologies stock overvalued right now?
Based on GuruFocus' analysis, NetSol Technologies (KAR:NETSOL) is currently considered Possible Value Trap. The stock's GF Value™ is ₨181.94, compared to a current price of ₨121.97 — trading 33% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 146.95, which is 26% above median its 10-year median of 116.54 and 490.2% above the Software industry median of 24.90. NetSol Technologies' overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For NetSol Technologies (KAR:NETSOL), the current Cyclically Adjusted Price-to-FCF is 146.95 as of Aug. 18, 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 NetSol Technologies (KAR:NETSOL) Overvalued in 2026?

Based on GuruFocus' analysis, NetSol Technologies stock appears to be undervalued. The current stock price of ₨121.97 is trading 33% below its estimated GF Value™ of ₨181.94. GuruFocus considers NetSol Technologies to be Possible Value Trap.

Key valuation signals for KAR:NETSOL:

  • Cyclically Adjusted Price-to-FCF: 146.95 (26% above median its 10-year median of 116.54)
  • GF Value™: ₨181.94 vs. price of ₨121.97 (33% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 490.2% above the Software median (#673 of 750)

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


NetSol Technologies Business Description

Address Lahore Ring Road, Ghazi Road Interchange, NETSOL IT Village (Software Technology Park), Lahore Cantonment, Lahore, PB, PAK, 54792
NetSol Technologies Ltd provides Information Technology services & enterprise solutions. It provides solutions for leasing and finance, healthcare technology, insurance, and e-Procurement. Its products include Enterprise Solutions, Business Intelligence, IT Consulting & Business Process Reengineering, Technology & Business Process Outsourcing, Application Development & Maintenance, Cloud Services. Its operating segments are product-based solutions and ancillary services, professional services, and business process outsourcing. Geographically, it operates in Pakistan, Asia Pacific, Australia & the USA, the UK, and other countries.
73GF Score

Get the complete analysis for KAR:NETSOL

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

₨121.97
Price
₨181.94
GF Value