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NTGR (Netgear) Cyclically Adjusted FCF per Share : $1.99 (As of Mar. 2025)


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What is Netgear Cyclically Adjusted FCF per Share?

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.

Netgear's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.353. 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 $1.99 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Netgear's average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% 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 Netgear was 17.70% per year. The lowest was -7.40% per year. And the median was 3.80% per year.

As of today (2025-07-05), Netgear's current stock price is $29.41. Netgear's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $1.99. Netgear's Cyclically Adjusted Price-to-FCF of today is 14.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Netgear was 24.89. The lowest was 6.46. And the median was 15.22.


Netgear Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Netgear'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.

* Premium members only.

Netgear Cyclically Adjusted FCF per Share Chart

Netgear Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.81 1.73 1.73 1.98

Netgear Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.80 1.76 2.05 1.98 1.99

Competitive Comparison of Netgear's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Netgear'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.


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

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

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


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Netgear 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, Netgear'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)
=-0.353/134.9266*134.9266
=-0.353

Current CPI (Mar. 2025) = 134.9266.

Netgear Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.058 100.684 1.418
201509 2.295 100.392 3.084
201512 -0.222 99.792 -0.300
201603 1.803 100.470 2.421
201606 0.749 101.688 0.994
201609 1.218 101.861 1.613
201612 -0.540 101.863 -0.715
201703 0.171 102.862 0.224
201706 -0.260 103.349 -0.339
201709 2.914 104.136 3.776
201712 -0.454 104.011 -0.589
201803 1.660 105.290 2.127
201806 -0.611 106.317 -0.775
201809 0.930 106.507 1.178
201812 -5.294 105.998 -6.739
201903 -1.313 107.251 -1.652
201906 0.741 108.070 0.925
201909 -0.895 108.329 -1.115
201912 1.526 108.420 1.899
202003 0.937 108.902 1.161
202006 2.022 108.767 2.508
202009 1.315 109.815 1.616
202012 1.329 109.897 1.632
202103 0.382 111.754 0.461
202106 -0.260 114.631 -0.306
202109 -0.629 115.734 -0.733
202112 0.032 117.630 0.037
202203 0.011 121.301 0.012
202206 0.141 125.017 0.152
202209 -0.597 125.227 -0.643
202212 -0.226 125.222 -0.244
202303 0.284 127.348 0.301
202306 -1.205 128.729 -1.263
202309 0.815 129.860 0.847
202312 1.825 129.419 1.903
202403 0.499 131.776 0.511
202406 0.559 132.554 0.569
202409 3.610 133.029 3.661
202412 0.621 133.157 0.629
202503 -0.353 134.927 -0.353

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Netgear  (NAS:NTGR) 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.

Netgear's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.41/1.99
=14.78

* 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 Netgear was 24.89. The lowest was 6.46. And the median was 15.22.


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.


Netgear Cyclically Adjusted FCF per Share Related Terms

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


Netgear Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netgear Inc (NAS:NTGR) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
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Address
350 East Plumeria Drive, San Jose, CA, USA, 95134
Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: NETGEAR for Business and Connected Home which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Connected Home segment offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.
Executives
Murray Bryan officer: CFO 350 E. PLUMERIA DR., SAN JOSE CA 95134
Thomas H Waechter director
Shravan Goli director 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
Sarah Butterfass director 350 E. PLUMERIA DR., SAN JOSE CA 95134
Heidi Cormack officer: SVP, Marketing 350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael A Werdann officer: SVP of Worldwide Sales 4500 GREAT AMERICAN PARKWAY, C/O NETGEAR INC, SANTA CLARA CA 95054
Martin Westhead officer: CTO 350 E. PLUMERIA DR., SAN JOSE CA 95134
Andrew Wonki Kim officer: SVP, Legal and Corp. Dev. 892 RUSSET DR., SUNNYVALE CA 94087
Vikram Mehta officer: SVP, CBU 350 E. PLUMERIA DR., SAN JOSE CA 95134
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark G Merrill officer: Chief Technology Officer
Patrick Cs Lo director, officer: Chairman and CEO
David John Henry officer: SVP, Home Networking 350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael F Falcon officer: SVP, Operations
Tamesa Rogers officer: SVP, Human Resources 350 EAST PLUMERIA DR, SAN JOSE CA 95134