BNL (Broadstone Net Lease) Cyclically Adjusted FCF per Share: $0.00 (As of Jun. 2026)

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BNL Broadstone Net Lease Inc BNL
77 GF Score
Price $21.48
GF Value $17.75
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Broadstone Net Lease Cyclically Adjusted FCF per Share?

Broadstone Net Lease BNL -3.05% 77 Cyclically Adjusted FCF per Share is $0.00 as of Jun. 2026. GuruFocus rates BNL with a GF Score™ of 77/100 and a GF Value™ of $17.75 (Modestly Overvalued). The stock has 9 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.

Broadstone Net Lease's adjusted free cash flow per share for the three months ended in Jun. 2026 was $0.232. 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 $0.00 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-07-30), Broadstone Net Lease's current stock price is $21.475. Broadstone Net Lease's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.00. Broadstone Net Lease's Cyclically Adjusted Price-to-FCF of today is .

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Broadstone Net Lease was 18.10. The lowest was 14.07. And the median was 15.24.


Broadstone Net Lease  (NYSE:BNL) 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Broadstone Net Lease was 18.10. The lowest was 14.07. And the median was 15.24.


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.


Broadstone Net Lease Cyclically Adjusted FCF per Share Related Terms


Broadstone Net Lease Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Broadstone Net Lease'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.

Broadstone Net Lease Cyclically Adjusted FCF per Share Chart

Broadstone Net Lease 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 0.00 0.00 0.00 1.08 1.22

Broadstone Net Lease 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 0.00 0.00 1.22 0.00 0.00

BNL vs GNL, AAT, SAFE: Cyclically Adjusted FCF per Share Comparison

For the REIT - Diversified subindustry, Broadstone Net Lease'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.


Broadstone Net Lease Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BNL
77GF Score
Broadstone Net Lease Inc BNL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Broadstone Net Lease 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, Broadstone Net Lease'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)
=0.232/333.9520*333.9520
=0.232

Current CPI (Jun. 2026) = 333.9520.

Broadstone Net Lease Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.000 241.428 0.000
201612 0.135 241.432 0.187
201703 0.142 243.801 0.195
201706 0.129 244.955 0.176
201709 0.177 246.819 0.239
201712 0.148 246.524 0.200
201803 0.202 249.554 0.270
201806 0.172 251.989 0.228
201809 0.209 252.439 0.276
201812 0.220 251.233 0.292
201903 0.205 254.202 0.269
201906 0.208 256.143 0.271
201909 0.285 256.759 0.371
201912 0.231 256.974 0.300
202003 0.263 258.115 0.340
202006 0.248 257.797 0.321
202009 0.403 260.280 0.517
202012 0.275 260.474 0.353
202103 0.322 264.877 0.406
202106 0.300 271.696 0.369
202109 0.520 274.310 0.633
202112 0.334 278.802 0.400
202203 0.335 287.504 0.389
202206 0.229 296.311 0.258
202209 0.419 296.808 0.471
202212 0.263 296.797 0.296
202303 0.300 301.836 0.332
202306 0.276 305.109 0.302
202309 0.346 307.789 0.375
202312 0.223 306.746 0.243
202403 0.345 312.332 0.369
202406 0.377 314.175 0.401
202409 0.306 315.301 0.324
202412 0.293 315.605 0.310
202503 0.290 319.799 0.303
202506 0.389 322.561 0.403
202509 0.294 324.800 0.302
202512 0.394 324.054 0.406
202603 0.374 330.213 0.378
202606 0.232 333.952 0.232

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 $0.00 mean?
Broadstone Net Lease (BNL) has a Cyclically Adjusted FCF per Share of $0.00 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 Broadstone Net Lease and its competitors.
Is Broadstone Net Lease's Cyclically Adjusted FCF per Share too high?
Broadstone Net Lease's current Cyclically Adjusted FCF per Share is $0.00. Overall, Broadstone Net Lease has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadstone Net Lease's Cyclically Adjusted FCF per Share compare to GNL and AAT?
Broadstone Net Lease's Cyclically Adjusted FCF per Share of $0.00 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 Broadstone Net Lease and its competitors. Broadstone Net Lease's current Cyclically Adjusted FCF per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadstone Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Broadstone Net Lease (BNL) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.75, compared to a current price of $21.48 — trading 21% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.00. Broadstone Net Lease's overall GF Score™ is 77/100 with 9 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 Broadstone Net Lease (BNL), the current Cyclically Adjusted FCF per Share is $0.00 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 Broadstone Net Lease (BNL) Overvalued in 2026?

Based on GuruFocus' analysis, Broadstone Net Lease stock appears to be overvalued. The current stock price of $21.48 is trading 21% above its estimated GF Value™ of $17.75. GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.

Key valuation signals for BNL:

  • Cyclically Adjusted FCF per Share: $0.00
  • GF Value™: $17.75 vs. price of $21.48 (21% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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


Broadstone Net Lease Business Description

Industry Real EstateREITs
Other Exchanges 62XA:Germany
Address 207 High Point Drive, Suite 300, Victor, NY, USA, 14564
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
77GF Score

Get the complete analysis for BNL

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

$21.48
Price
$17.75
GF Value