Cloudflare, Inc. (NET)

NYSE: NET · IEX Real-Time Price · USD
97.18
+0.63 (0.65%)
Mar 28, 2024, 10:48 AM EDT - Market open

Total Valuation

Cloudflare has a market cap or net worth of $33.81 billion. The enterprise value is $33.57 billion.

Market Cap 33.81B
Enterprise Value 33.57B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date n/a

Share Statistics

Cloudflare has 337.66 million shares outstanding. The number of shares has increased by 2.24% in one year.

Shares Outstanding 337.66M
Shares Change (YoY) +2.24%
Shares Change (QoQ) +0.64%
Owned by Insiders (%) 1.03%
Owned by Institutions (%) 86.29%
Float 296.49M

Valuation Ratios

PE Ratio n/a
Forward PE 165.02
PS Ratio 26.07
Forward PS 20.28
PB Ratio 44.31
P/FCF Ratio 283.03
PEG Ratio 2.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3,893.36, with an EV/FCF ratio of 280.99.

EV / Earnings n/a
EV / Sales 25.89
EV / EBITDA 3,893.36
EV / EBIT n/a
EV / FCF 280.99

Financial Position

The company has a current ratio of 3.50, with a Debt / Equity ratio of 1.88.

Current Ratio 3.50
Quick Ratio 3.40
Debt / Equity 1.88
Debt / EBITDA 166.46
Debt / FCF 12.01
Interest Coverage -29.29

Financial Efficiency

Return on equity (ROE) is -26.70% and return on invested capital (ROIC) is -8.44%.

Return on Equity (ROE) -26.70%
Return on Assets (ROA) -7.00%
Return on Capital (ROIC) -8.44%
Revenue Per Employee $352,185
Profits Per Employee -$49,959
Employee Count 3,682
Asset Turnover 0.49
Inventory Turnover n/a

Taxes

In the past 12 months, Cloudflare has paid $6.09 million in taxes.

Income Tax 6.09M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +72.10% in the last 52 weeks. The beta is 1.13, so Cloudflare's price volatility has been higher than the market average.

Beta (1Y) 1.13
52-Week Price Change +72.10%
50-Day Moving Average 92.74
200-Day Moving Average 73.95
Relative Strength Index (RSI) 51.46
Average Volume (30 Days) 4,142,744

Short Selling Information

The latest short interest is 11.76 million, so 3.48% of the outstanding shares have been sold short.

Short Interest 11.76M
Short Previous Month 15.20M
Short % of Shares Out 3.48%
Short % of Float 3.97%
Short Ratio (days to cover) 1.95

Income Statement

In the last 12 months, Cloudflare had revenue of $1.30 billion and -$183.95 million in losses. Loss per share was -$0.55.

Revenue 1.30B
Gross Profit 989.74M
Operating Income -185.49M
Pretax Income -177.86M
Net Income -183.95M
EBITDA 8.62M
EBIT -171.99M
Loss Per Share -$0.55
Full Income Statement

Balance Sheet

The company has $1.68 billion in cash and $1.44 billion in debt, giving a net cash position of $242.90 million or $0.72 per share.

Cash & Cash Equivalents 1.68B
Total Debt 1.44B
Net Cash 242.90M
Net Cash Per Share $0.72
Equity / Book Value 763.05M
Book Value Per Share 2.26
Working Capital 1.42B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $254.41 million and capital expenditures -$134.94 million, giving a free cash flow of $119.46 million.

Operating Cash Flow 254.41M
Capital Expenditures -134.94M
Free Cash Flow 119.46M
FCF Per Share $0.36
Full Cash Flow Statement

Margins

Gross margin is 76.32%, with operating and profit margins of -14.30% and -14.19%.

Gross Margin 76.32%
Operating Margin -14.30%
Pretax Margin -13.72%
Profit Margin -14.19%
EBITDA Margin 0.66%
EBIT Margin -13.26%
FCF Margin 9.21%

Dividends & Yields

Cloudflare does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.24%
Shareholder Yield -2.24%
Earnings Yield -0.54%
FCF Yield 0.35%
Dividend Details

Analyst Forecast

The average price target for Cloudflare is $86.61, which is -10.95% lower than the current price. The consensus rating is "Hold".

Price Target $86.61
Price Target Difference -10.95%
Analyst Consensus Hold
Analyst Count 25
Revenue Growth Forecast (5Y) 30.56%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Cloudflare has an Altman Z-Score of 10.52 and a Piotroski F-Score of 5.

Altman Z-Score 10.52
Piotroski F-Score 5