Karsten (BSP:CTKA4) Cyclically Adjusted FCF per Share: R$4.19 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:CTKA4 Karsten SA BSP:CTKA4
61 GF Score
Price R$31.85
GF Value R$25.55
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Karsten Cyclically Adjusted FCF per Share?

Karsten BSP:CTKA4 +1.92% 61 Cyclically Adjusted FCF per Share is R$4.19 as of Jun. 2026. GuruFocus rates BSP:CTKA4 with a GF Score™ of 61/100 and a GF Value™ of R$25.55 (Modestly Overvalued). The stock has 3 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.

Karsten's adjusted free cash flow per share for the three months ended in Jun. 2026 was R$-1.424. 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 R$4.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Karsten's average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 31.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% 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 Karsten was 33.00% per year. The lowest was -3.30% per year. And the median was 16.30% per year.

As of today (2026-08-27), Karsten's current stock price is R$31.85. Karsten's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was R$4.19. Karsten's Cyclically Adjusted Price-to-FCF of today is 7.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Karsten was 8.96. The lowest was 2.23. And the median was 5.50.


Karsten  (BSP:CTKA4) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.85/4.19
=7.60

* 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 Karsten was 8.96. The lowest was 2.23. And the median was 5.50.


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.


Karsten Cyclically Adjusted FCF per Share Related Terms


Karsten Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Karsten'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.

Karsten Cyclically Adjusted FCF per Share Chart

Karsten 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 2.26 1.26 5.04 6.19 4.72

Karsten 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 6.03 5.47 4.72 5.93 4.19

BSP:CTKA4 vs AIN: Cyclically Adjusted FCF per Share Comparison

For the Textile Manufacturing subindustry, Karsten'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.


Karsten Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karsten's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BSP:CTKA4
61GF Score
Karsten SA BSP:CTKA4
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karsten 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, Karsten'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)
=-1.424/177.5443*177.5443
=-1.424

Current CPI (Jun. 2026) = 177.5443.

Karsten Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -1.791 109.986 -2.891
201612 -0.053 110.802 -0.085
201703 1.734 111.869 2.752
201706 1.722 112.115 2.727
201709 4.068 112.777 6.404
201712 -2.200 114.068 -3.424
201803 10.019 114.868 15.486
201806 -5.853 117.038 -8.879
201809 -1.151 117.881 -1.734
201812 -0.006 118.340 -0.009
201903 1.849 120.124 2.733
201906 -0.182 120.977 -0.267
201909 -0.026 121.292 -0.038
201912 1.199 123.436 1.725
202003 2.492 124.092 3.565
202006 3.980 123.557 5.719
202009 -0.928 125.095 -1.317
202012 -1.321 129.012 -1.818
202103 -2.365 131.660 -3.189
202106 2.454 133.871 3.255
202109 -1.428 137.913 -1.838
202112 -5.644 141.992 -7.057
202203 -3.591 146.537 -4.351
202206 3.453 149.784 4.093
202209 1.354 147.800 1.626
202212 2.644 150.207 3.125
202303 5.745 153.352 6.651
202306 5.975 154.519 6.865
202309 4.917 155.464 5.615
202312 2.047 157.148 2.313
202403 3.580 159.372 3.988
202406 2.817 161.052 3.105
202409 3.557 162.342 3.890
202412 7.074 164.740 7.624
202503 0.408 168.102 0.431
202506 0.833 169.670 0.872
202509 3.529 170.739 3.670
202512 2.551 171.765 2.637
202603 0.502 175.066 0.509
202606 -1.424 177.544 -1.424

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 R$4.19 mean?
Karsten (BSP:CTKA4) has a Cyclically Adjusted FCF per Share of R$4.19 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 Karsten and its competitors.
Is Karsten's Cyclically Adjusted FCF per Share too high?
Karsten's current Cyclically Adjusted FCF per Share is R$4.19. Overall, Karsten has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karsten's Cyclically Adjusted FCF per Share compare to AIN?
Karsten's Cyclically Adjusted FCF per Share of R$4.19 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted FCF per Share depends on the Manufacturing - Apparel & Accessories 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 Karsten and its competitors. Karsten's current Cyclically Adjusted FCF per Share is R$4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karsten stock overvalued right now?
Based on GuruFocus' analysis, Karsten (BSP:CTKA4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$25.55, compared to a current price of R$31.85 — trading 24.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$4.19. Karsten's overall GF Score™ is 61/100 with 3 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 Karsten (BSP:CTKA4), the current Cyclically Adjusted FCF per Share is R$4.19 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 Karsten (BSP:CTKA4) Overvalued in 2026?

Based on GuruFocus' analysis, Karsten stock appears to be overvalued. The current stock price of R$31.85 is trading 24.7% above its estimated GF Value™ of R$25.55. GuruFocus considers Karsten to be Modestly Overvalued.

Key valuation signals for BSP:CTKA4:

  • Cyclically Adjusted FCF per Share: R$4.19
  • GF Value™: R$25.55 vs. price of R$31.85 (24.7% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the BSP:CTKA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Karsten Business Description

Other Exchanges CTKA3:Brazil
Address R Johann Karsten, 260, Testo Jump, Blumenau, SC, BRA, 89074700
Karsten SA is a textile manufacturer and sells textile products in Brazil. It divides its business into five segments: decoration, embroidery, table, bath and bed. It produces table linens, curtains, towels, and other decorative home furnishings.
61GF Score

Get the complete analysis for BSP:CTKA4

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

R$31.85
Price
R$25.55
GF Value