GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (MIC:NTAP-RM) » Definitions » Cyclically Adjusted Price-to-FCF

NetApp (MIC:NTAP-RM) Cyclically Adjusted Price-to-FCF : (As of Jun. 29, 2025)


View and export this data going back to 2021. Start your Free Trial

What is NetApp Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetApp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NetApp'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.

* Premium members only.

NetApp Cyclically Adjusted Price-to-FCF Chart

NetApp Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.73 16.61 13.55 20.09 16.65

NetApp Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 20.09 24.50 22.64 23.56 16.65

Competitive Comparison of NetApp's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, NetApp'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.


NetApp's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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


;
;

NetApp 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.

NetApp's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, NetApp's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=254.744/135.3468*135.3468
=254.744

Current CPI (Apr. 2025) = 135.3468.

NetApp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 17.863 100.691 24.011
201510 21.469 100.346 28.957
201601 81.205 99.957 109.955
201604 69.492 100.947 93.173
201607 45.333 101.524 60.436
201610 22.642 101.988 30.048
201701 40.379 102.456 53.341
201704 67.014 103.167 87.917
201707 45.786 103.278 60.003
201710 60.006 104.070 78.040
201801 81.535 104.578 105.524
201804 93.585 105.708 119.825
201807 60.588 106.324 77.126
201810 30.256 106.695 38.381
201901 107.741 106.200 137.311
201904 94.952 107.818 119.195
201907 72.636 108.250 90.818
201910 -24.042 108.577 -29.970
202001 107.075 108.841 133.151
202004 117.100 108.173 146.516
202007 62.092 109.318 76.877
202010 42.587 109.861 52.467
202101 114.418 110.364 140.318
202104 170.017 112.673 204.231
202107 60.841 115.183 71.492
202110 80.129 116.696 92.936
202201 65.121 118.619 74.304
202204 123.589 121.978 137.134
202207 53.286 125.002 57.696
202210 36.788 125.734 39.600
202301 107.739 126.223 115.527
202304 66.807 127.992 70.646
202307 171.844 128.974 180.335
202310 44.352 129.810 46.244
202401 189.712 130.124 197.326
202404 245.599 132.289 251.276
202407 123.627 132.708 126.085
202410 26.751 133.182 27.186
202501 160.055 134.029 161.629
202504 254.744 135.347 254.744

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.


NetApp  (MIC:NTAP-RM) 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.


NetApp Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of NetApp's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


NetApp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (MIC:NTAP-RM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

NetApp Headlines

No Headlines