Bolsa de Valores de Colombia (BOG:BVC) Cyclically Adjusted FCF per Share: COP1,183.73 (As of Dec. 2025)

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BOG:BVC Bolsa de Valores de Colombia SA BOG:BVC
89 GF Score
Price COP16,960.00
GF Value COP14,508.10
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Bolsa de Valores de Colombia Cyclically Adjusted FCF per Share?

Bolsa de Valores de Colombia BOG:BVC +1.19% 89 Cyclically Adjusted FCF per Share is COP1,183.73 as of Dec. 2025. GuruFocus rates BOG:BVC with a GF Score™ of 89/100 and a GF Value™ of COP14,508.10 (Modestly Overvalued). The stock has 8 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.

Bolsa de Valores de Colombia's adjusted free cash flow per share for the three months ended in Dec. 2025 was COP586.813. 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 COP1,183.73 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Bolsa de Valores de Colombia's average Cyclically Adjusted FCF Growth Rate was 21.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.20% 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 Bolsa de Valores de Colombia was 14.20% per year. The lowest was 14.20% per year. And the median was 14.20% per year.

As of today (2026-09-16), Bolsa de Valores de Colombia's current stock price is COP16960.00. Bolsa de Valores de Colombia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was COP1,183.73. Bolsa de Valores de Colombia's Cyclically Adjusted Price-to-FCF of today is 14.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bolsa de Valores de Colombia was 23.45. The lowest was 13.53. And the median was 18.66.


Bolsa de Valores de Colombia  (BOG:BVC) 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.

Bolsa de Valores de Colombia's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16960.00/1183.73
=14.33

* 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 Bolsa de Valores de Colombia was 23.45. The lowest was 13.53. And the median was 18.66.


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.


Bolsa de Valores de Colombia Cyclically Adjusted FCF per Share Related Terms


Bolsa de Valores de Colombia Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Bolsa de Valores de Colombia'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.

Bolsa de Valores de Colombia Cyclically Adjusted FCF per Share Chart

Bolsa de Valores de Colombia 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 752.05 800.91 866.68 991.95 1,141.78

Bolsa de Valores de Colombia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,069.10 1,101.15 1,120.45 1,154.06 1,183.73

BOG:BVC vs SPGI, CME, ICE: Cyclically Adjusted FCF per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.


Bolsa de Valores de Colombia Cyclically Adjusted Price-to-FCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bolsa de Valores de Colombia's Cyclically Adjusted Price-to-FCF falls into.


BOG:BVC
89GF Score
Bolsa de Valores de Colombia SA BOG:BVC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bolsa de Valores de Colombia 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, Bolsa de Valores de Colombia's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=586.813/324.0540*324.0540
=586.813

Current CPI (Dec. 2025) = 324.0540.

Bolsa de Valores de Colombia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.000 238.132 0.000
201606 0.000 241.018 0.000
201609 126.623 241.428 169.958
201612 270.670 241.432 363.298
201703 -121.365 243.801 -161.315
201706 110.310 244.955 145.930
201709 81.202 246.819 106.612
201712 145.770 246.524 191.614
201803 -0.648 249.554 -0.841
201806 109.397 251.989 140.683
201809 235.281 252.439 302.028
201812 141.611 251.233 182.658
201903 -42.223 254.202 -53.825
201906 343.555 256.143 434.641
201909 197.071 256.759 248.722
201912 254.199 256.974 320.555
202003 32.000 258.115 40.175
202006 420.024 257.797 527.975
202009 447.060 260.280 556.599
202012 0.000 260.474 0.000
202103 225.184 264.877 275.493
202106 290.126 271.696 346.036
202109 109.164 274.310 128.960
202112 206.217 278.802 239.688
202203 287.432 287.504 323.973
202206 404.992 296.311 442.911
202209 199.396 296.808 217.700
202212 93.775 296.797 102.387
202303 296.528 301.836 318.355
202306 260.660 305.109 276.845
202309 305.073 307.789 321.194
202312 431.343 306.746 455.681
202403 528.021 312.332 547.838
202406 299.609 314.175 309.030
202409 489.295 315.301 502.878
202412 712.636 315.605 731.714
202503 422.511 319.799 428.133
202506 363.344 322.561 365.026
202509 514.564 324.800 513.382
202512 586.813 324.054 586.813

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 COP1,183.73 mean?
Bolsa de Valores de Colombia (BOG:BVC) has a Cyclically Adjusted FCF per Share of COP1,183.73 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bolsa de Valores de Colombia and its competitors.
Is Bolsa de Valores de Colombia's Cyclically Adjusted FCF per Share too high?
Bolsa de Valores de Colombia's current Cyclically Adjusted FCF per Share is COP1,183.73. Overall, Bolsa de Valores de Colombia has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Valores de Colombia's Cyclically Adjusted FCF per Share compare to SPGI and CME?
Bolsa de Valores de Colombia's Cyclically Adjusted FCF per Share of COP1,183.73 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted FCF per Share depends on the Capital Markets 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 Bolsa de Valores de Colombia and its competitors. Bolsa de Valores de Colombia's current Cyclically Adjusted FCF per Share is COP1,183.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa de Valores de Colombia stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia (BOG:BVC) is currently considered Modestly Overvalued. The stock's GF Value™ is COP14,508.10, compared to a current price of COP16,960.00 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is COP1,183.73. Bolsa de Valores de Colombia's overall GF Score™ is 89/100 with 8 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 Bolsa de Valores de Colombia (BOG:BVC), the current Cyclically Adjusted FCF per Share is COP1,183.73 as of Dec. 2025. 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 Bolsa de Valores de Colombia (BOG:BVC) Overvalued in 2026?

Based on GuruFocus' analysis, Bolsa de Valores de Colombia stock appears to be overvalued. The current stock price of COP16,960.00 is trading 16.9% above its estimated GF Value™ of COP14,508.10. GuruFocus considers Bolsa de Valores de Colombia to be Modestly Overvalued.

Key valuation signals for BOG:BVC:

  • Cyclically Adjusted FCF per Share: COP1,183.73
  • GF Value™: COP14,508.10 vs. price of COP16,960.00 (16.9% above fair value)
  • GF Score™: 89/100 with 8 warning signs

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


Bolsa de Valores de Colombia Business Description

Address Cra 7 #71-21 Torre B Piso 12, Bogota, COL
Bolsa de Valores de Colombia SA is a operator of the Colombian capital markets infrastructure. The company offers solutions and services for Issuers (issuer services and issuances), Trading (access, transactions, and registration), Post-trading (risk management, clearing, settlement, custody, and securities administration), and Information (market information and price provision) in the transactional and OTC markets for equities, fixed income, derivatives, and foreign exchange.
89GF Score

Get the complete analysis for BOG:BVC

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

COP16,960.00
Price
COP14,508.10
GF Value