ARHUF (AAK AB) Cyclically Adjusted FCF per Share: $0.37 (As of Jun. 2026)

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ARHUF AAK AB ARHUF
76 GF Score
Price $20.41
GF Value $28.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is AAK AB Cyclically Adjusted FCF per Share?

AAK AB ARHUF 76 Cyclically Adjusted FCF per Share is $0.37 as of Jun. 2026. GuruFocus rates ARHUF with a GF Score™ of 76/100 and a GF Value™ of $28.83 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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.

AAK AB's adjusted free cash flow per share for the three months ended in Jun. 2026 was $0.273. 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 $0.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, AAK AB's average Cyclically Adjusted FCF Growth Rate was 21.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.80% 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 AAK AB was 8.10% per year. The lowest was -10.70% per year. And the median was -2.75% per year.

As of today (2026-08-24), AAK AB's current stock price is $20.405. AAK AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.37. AAK AB's Cyclically Adjusted Price-to-FCF of today is 55.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AAK AB was 102.55. The lowest was 31.52. And the median was 64.49.


AAK AB  (OTCPK:ARHUF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.405/0.37
=55.15

* 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 AAK AB was 102.55. The lowest was 31.52. And the median was 64.49.


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.


AAK AB Cyclically Adjusted FCF per Share Related Terms


AAK AB Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for AAK AB'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.

AAK AB Cyclically Adjusted FCF per Share Chart

AAK AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.20 0.27 0.28 0.28

AAK AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.28 0.30 0.28 0.33 0.37

ARHUF vs KHC, GIS: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, AAK AB'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.


AAK AB Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AAK AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ARHUF
76GF Score
AAK AB ARHUF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AAK AB 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, AAK AB's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.273/134.6100*134.6100
=0.273

Current CPI (Jun. 2026) = 134.6100.

AAK AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.185 101.138 -0.246
201612 0.222 102.022 0.293
201703 -0.248 102.022 -0.327
201706 -0.011 102.752 -0.014
201709 0.155 103.279 0.202
201712 0.260 103.793 0.337
201803 -0.252 103.962 -0.326
201806 0.099 104.875 0.127
201809 0.160 105.679 0.204
201812 0.134 105.912 0.170
201903 0.113 105.886 0.144
201906 0.098 106.742 0.124
201909 -0.039 107.214 -0.049
201912 0.144 107.766 0.180
202003 -0.034 106.563 -0.043
202006 0.036 107.498 0.045
202009 0.136 107.635 0.170
202012 0.456 108.296 0.567
202103 -0.024 108.360 -0.030
202106 0.041 108.928 0.051
202109 -0.076 110.338 -0.093
202112 0.010 112.486 0.012
202203 -0.556 114.825 -0.652
202206 -0.083 118.384 -0.094
202209 -0.107 122.296 -0.118
202212 0.216 126.365 0.230
202303 0.300 127.042 0.318
202306 0.493 129.407 0.513
202309 0.324 130.224 0.335
202312 0.354 131.912 0.361
202403 0.167 132.205 0.170
202406 0.255 132.716 0.259
202409 0.076 132.304 0.077
202412 -0.086 132.987 -0.087
202503 -0.289 132.825 -0.293
202506 0.063 133.699 0.063
202509 0.090 133.480 0.091
202512 -0.022 133.390 -0.022
202603 0.455 133.560 0.459
202606 0.273 134.610 0.273

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

What does a Cyclically Adjusted FCF per Share of $0.37 mean?
AAK AB (ARHUF) has a Cyclically Adjusted FCF per Share of $0.37 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on AAK AB and its competitors.
Is AAK AB's Cyclically Adjusted FCF per Share too high?
AAK AB's current Cyclically Adjusted FCF per Share is $0.37. Overall, AAK AB has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AAK AB's Cyclically Adjusted FCF per Share compare to KHC and GIS?
AAK AB's Cyclically Adjusted FCF per Share of $0.37 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on AAK AB and its competitors. AAK AB's current Cyclically Adjusted FCF per Share is $0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAK AB stock overvalued right now?
Based on GuruFocus' analysis, AAK AB (ARHUF) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.83, compared to a current price of $20.41 — trading 29.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.37. AAK AB's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For AAK AB (ARHUF), the current Cyclically Adjusted FCF per Share is $0.37 as of Jun. 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 AAK AB (ARHUF) Overvalued in 2026?

Based on GuruFocus' analysis, AAK AB stock appears to be undervalued. The current stock price of $20.41 is trading 29.2% below its estimated GF Value™ of $28.83. GuruFocus considers AAK AB to be Modestly Undervalued.

Key valuation signals for ARHUF:

  • Cyclically Adjusted FCF per Share: $0.37
  • GF Value™: $28.83 vs. price of $20.41 (29.2% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the ARHUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AAK AB Business Description

Address Pulpetgatan 20, Malmo, SWE, 215 37
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. The Food Ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. The Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. A majority of its revenue is generated from the Food Ingredients segment.
76GF Score

Get the complete analysis for ARHUF

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.41
Price
$28.83
GF Value