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Nektar Therapeutics (STU:ITH) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2025)


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What is Nektar Therapeutics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nektar Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nektar Therapeutics'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.

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Nektar Therapeutics Cyclically Adjusted Price-to-FCF Chart

Nektar Therapeutics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Nektar Therapeutics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Nektar Therapeutics's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Nektar Therapeutics'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.


Nektar Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nektar Therapeutics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Nektar Therapeutics 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.

Nektar Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.215/134.9266*134.9266
=-0.215

Current CPI (Mar. 2025) = 134.9266.

Nektar Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.344 100.684 -0.461
201509 -0.122 100.392 -0.164
201512 -0.531 99.792 -0.718
201603 -0.167 100.470 -0.224
201606 -0.099 101.688 -0.131
201609 -0.181 101.861 -0.240
201612 -0.350 101.863 -0.464
201703 -0.235 102.862 -0.308
201706 -0.348 103.349 -0.454
201709 0.475 104.136 0.615
201712 -0.442 104.011 -0.573
201803 -0.269 105.290 -0.345
201806 4.493 106.317 5.702
201809 -0.363 106.507 -0.460
201812 -0.611 105.998 -0.778
201903 -0.441 107.251 -0.555
201906 -0.332 108.070 -0.415
201909 -0.383 108.329 -0.477
201912 -0.659 108.420 -0.820
202003 -0.403 108.902 -0.499
202006 -0.431 108.767 -0.535
202009 -0.259 109.815 -0.318
202012 -0.459 109.897 -0.564
202103 -0.370 111.754 -0.447
202106 -0.392 114.631 -0.461
202109 -0.480 115.734 -0.560
202112 -0.753 117.630 -0.864
202203 -0.453 121.301 -0.504
202206 -0.384 125.017 -0.414
202209 -0.447 125.227 -0.482
202212 -0.292 125.222 -0.315
202303 -0.259 127.348 -0.274
202306 -0.252 128.729 -0.264
202309 -0.207 129.860 -0.215
202312 -0.227 129.419 -0.237
202403 -0.227 131.776 -0.232
202406 -0.169 132.554 -0.172
202409 -0.192 133.029 -0.195
202412 -0.212 133.157 -0.215
202503 -0.215 134.927 -0.215

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.


Nektar Therapeutics  (STU:ITH) 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.


Nektar Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Nektar Therapeutics Business Description

Industry
Traded in Other Exchanges
Address
455 Mission Bay Boulevard South, San Francisco, CA, USA, 94158
Nektar Therapeutics is a clinical-stage, research-based drug discovery biopharmaceutical company focused on discovering and developing medicines in the field of immunotherapy. The company is focused on discovering and developing medicines in the field of immunotherapy. Its pipeline products are REZPEG (NKTR-358), REZPEG (NKTR-358), REZPEG (NKTR-358), NKTR-422, NKTR-0165, NKTR-255, and Others.

Nektar Therapeutics Headlines

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