CloudflareXSWX:NET 78 Intrinsic Value: Projected FCF is CHF5.44 as of Jul. 03, 2026, which is 100% below its 10-year median of 47.51. GuruFocus rates XSWX:NET with a GF Score™ of 78/100 and a GF Value™ of CHF142.50. The stock has 3 warning signs investors should review. Among 1,454 Software companies, Cloudflare ranks worse than 98.35% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-07-03), Cloudflare's Intrinsic Value: Projected FCF is CHF5.44. The stock price of Cloudflare is CHF195.52. Therefore, Cloudflare's Price-to-Intrinsic-Value-Projected-FCF of today is 35.9.
The historical rank and industry rank for Cloudflare's Intrinsic Value: Projected FCF or its related term are showing as below:
XSWX:NET'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 29.89 Med: 47.51 Max: 73.68
Current: 35.94
During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Cloudflare was 73.68. The lowest was 29.89. And the median was 47.51.
XSWX:NET's Price-to-Projected-FCF is ranked worse than 98.35% of 1454
companies
in the Software industry
Industry Median: 1.36
vs XSWX:NET: 35.94
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Cloudflare's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
195.52
/
6.5392418493492
=
29.90
* 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.
Cloudflare Intrinsic Value: Projected FCF Related Terms
Cloudflare Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Cloudflare's Intrinsic Value: Projected 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.
XSWX:NET vs : Intrinsic Value: Projected FCF Comparison
For the Software - Infrastructure subindustry, Cloudflare's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Cloudflare Price-to-Projected-FCF vs Software Industry
For the Software industry and Technology sector, Cloudflare's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Cloudflare's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of CHF5.44 mean?
Cloudflare (XSWX:NET) has a Intrinsic Value: Projected FCF of CHF5.44 as of Jul. 03, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Cloudflare and its competitors. This is 89% below median its historical median of 47.51. Over the past decade, Cloudflare's Intrinsic Value: Projected FCF has ranged from 29.89 to 73.68. According to the industry distribution chart, Cloudflare ranks #1430 out of 1454 companies in the Software industry, placing it in the top 98.3%.
Is Cloudflare's Intrinsic Value: Projected FCF too high?
Cloudflare's current Intrinsic Value: Projected FCF of CHF5.44 is 89% below median its 10-year median of 47.51. Over the past 10 years, this metric has ranged from a low of 29.89 to a high of 73.68. Based on the distribution chart, Cloudflare ranks #1430 out of 1454 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cloudflare has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's Intrinsic Value: Projected FCF compare to ?
According to the Software industry distribution chart, Cloudflare ranks #1430 out of 1454 companies for Intrinsic Value: Projected FCF. This places Cloudflare in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.36. Historically, Cloudflare's own Intrinsic Value: Projected FCF has ranged from 29.89 to 73.68 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Software company?
The median Intrinsic Value: Projected FCF among Software companies is 1.36, based on 1,454 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Cloudflare and its competitors. For the Software industry, the median Intrinsic Value: Projected FCF is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudflare's current Intrinsic Value: Projected FCF is CHF5.44, which is 89% below median its own 10-year median of 47.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Cloudflare (XSWX:NET) has a current Intrinsic Value: Projected FCF of CHF5.44. The stock's GF Value™ is CHF142.50, compared to a current price of CHF195.52 — trading 37.2% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF5.44, which is 89% below median its 10-year median of 47.51. Cloudflare's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Cloudflare (XSWX:NET), the current Intrinsic Value: Projected FCF is CHF5.44 as of Jul. 03, 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 Cloudflare (XSWX:NET) Overvalued in 2026?
Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued.
The current stock price of CHF195.52 is trading 37.2% above its estimated GF Value™ of CHF142.50.
Key valuation signals for XSWX:NET:
Intrinsic Value: Projected FCF: CHF5.44 (89% below median its 10-year median of 47.51)
GF Value™: CHF142.50 vs. price of CHF195.52 (37.2% above fair value)
No single metric tells the full story. See the XSWX:NET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
78GF Score
Get the complete analysis for XSWX:NET
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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