Cloudflare, Inc. (NET)
NYSE: NET · IEX Real-Time Price · USD
75.23
+0.09 (0.12%)
At close: May 17, 2024, 4:00 PM
75.81
+0.58 (0.77%)
Pre-market: May 20, 2024, 4:11 AM EDT

Cloudflare Statistics

Total Valuation

Cloudflare has a market cap or net worth of $25.56 billion. The enterprise value is $25.28 billion.

Market Cap 25.56B
Enterprise Value 25.28B

Important Dates

The last earnings date was Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date n/a

Share Statistics

Cloudflare has 339.80 million shares outstanding. The number of shares has increased by 2.48% in one year.

Shares Outstanding 339.80M
Shares Change (YoY) +2.48%
Shares Change (QoQ) +0.52%
Owned by Insiders (%) 0.65%
Owned by Institutions (%) 86.11%
Float 299.35M

Valuation Ratios

PE Ratio n/a
Forward PE 119.94
PS Ratio 18.45
Forward PS 14.44
PB Ratio 32.07
P/FCF Ratio 181.08
PEG Ratio 2.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2,408.41, with an EV/FCF ratio of 179.05.

EV / Earnings n/a
EV / Sales 18.25
EV / EBITDA 2,408.41
EV / EBIT n/a
EV / FCF 179.05

Financial Position

The company has a current ratio of 3.51, with a Debt / Equity ratio of 1.80.

Current Ratio 3.51
Quick Ratio 3.37
Debt / Equity 1.80
Debt / EBITDA 136.89
Debt / FCF 10.18
Interest Coverage -34.98

Financial Efficiency

Return on equity (ROE) is -25.00% and return on invested capital (ROIC) is -8.63%.

Return on Equity (ROE) -25.00%
Return on Assets (ROA) -6.80%
Return on Capital (ROIC) -8.63%
Revenue Per Employee $376,201
Profits Per Employee -$49,269
Employee Count 3,682
Asset Turnover 0.52
Inventory Turnover n/a

Taxes

In the past 12 months, Cloudflare has paid $7.04 million in taxes.

Income Tax 7.04M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +38.80% in the last 52 weeks. The beta is 1.15, so Cloudflare's price volatility has been higher than the market average.

Beta (1Y) 1.15
52-Week Price Change +38.80%
50-Day Moving Average 88.72
200-Day Moving Average 77.43
Relative Strength Index (RSI) 35.53
Average Volume (30 Days) 3,307,028

Short Selling Information

The latest short interest is 9.95 million, so 2.93% of the outstanding shares have been sold short.

Short Interest 9.95M
Short Previous Month 11.40M
Short % of Shares Out 2.93%
Short % of Float 3.32%
Short Ratio (days to cover) 3.89

Income Statement

In the last 12 months, Cloudflare had revenue of $1.39 billion and -$181.41 million in losses. Loss per share was -$0.53.

Revenue 1.39B
Gross Profit 1.06B
Operating Income -192.76M
Pretax Income -174.37M
Net Income -181.41M
EBITDA 10.50M
EBIT -169.52M
Loss Per Share -$0.53
Full Income Statement

Balance Sheet

The company has $1.72 billion in cash and $1.44 billion in debt, giving a net cash position of $286.93 million or $0.84 per share.

Cash & Cash Equivalents 1.72B
Total Debt 1.44B
Net Cash 286.93M
Net Cash Per Share $0.84
Equity / Book Value 797.22M
Book Value Per Share 2.35
Working Capital 1.44B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $291.57 million and capital expenditures -$150.40 million, giving a free cash flow of $141.17 million.

Operating Cash Flow 291.57M
Capital Expenditures -150.40M
Free Cash Flow 141.17M
FCF Per Share $0.42
Full Cash Flow Statement

Margins

Gross margin is 76.78%, with operating and profit margins of -13.92% and -13.10%.

Gross Margin 76.78%
Operating Margin -13.92%
Pretax Margin -12.59%
Profit Margin -13.10%
EBITDA Margin 0.76%
EBIT Margin -12.24%
FCF Margin 10.19%

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 -2.48%
Shareholder Yield -2.48%
Earnings Yield -0.71%
FCF Yield 0.55%
Dividend Details

Analyst Forecast

The average price target for Cloudflare is $92.38, which is 22.80% higher than the current price. The consensus rating is "Hold".

Price Target $92.38
Price Target Difference 22.80%
Analyst Consensus Hold
Analyst Count 21
Revenue Growth Forecast (5Y) 27.90%
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 8.04 and a Piotroski F-Score of 5.

Altman Z-Score 8.04
Piotroski F-Score 5