Snap (BSP:S2NA34) Cyclically Adjusted FCF per Share: R$-0.17 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:S2NA34 Snap Inc BSP:S2NA34
45 GF Score
Price R$4.48
GF Value R$9.88
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Snap Cyclically Adjusted FCF per Share?

Snap BSP:S2NA34 +0.67% 45 Cyclically Adjusted FCF per Share is R$-0.17 as of Jun. 2026. GuruFocus rates BSP:S2NA34 with a GF Score™ of 45/100 and a GF Value™ of R$9.88 (Possible Value Trap). 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.

Snap's adjusted free cash flow per share for the three months ended in Jun. 2026 was R$0.371. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$-0.17 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 (2026-08-09), Snap's current stock price is R$4.48. Snap's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was R$-0.17. Snap's Cyclically Adjusted Price-to-FCF of today is .


Snap  (BSP:S2NA34) 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.


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.


Snap Cyclically Adjusted FCF per Share Related Terms


Snap Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Snap'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.

Snap Cyclically Adjusted FCF per Share Chart

Snap 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 0.00 0.00

Snap 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 0.00 0.00 -0.17

BSP:S2NA34 vs BILI, ZG, BZ: Cyclically Adjusted FCF per Share Comparison

For the Internet Content & Information subindustry, Snap'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.


Snap Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Snap's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BSP:S2NA34
45GF Score
Snap Inc BSP:S2NA34
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snap 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, Snap'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)
=0.371/333.9520*333.9520
=0.371

Current CPI (Jun. 2026) = 333.9520.

Snap Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.749 241.428 -1.036
201612 -0.545 241.432 -0.754
201703 -0.567 243.801 -0.777
201706 -0.637 244.955 -0.868
201709 -0.560 246.819 -0.758
201712 -0.501 246.524 -0.679
201803 -0.692 249.554 -0.926
201806 -0.682 251.989 -0.904
201809 -0.498 252.439 -0.659
201812 -0.422 251.233 -0.561
201903 -0.223 254.202 -0.293
201906 -0.293 256.143 -0.382
201909 -0.249 256.759 -0.324
201912 -0.221 256.974 -0.287
202003 -0.016 258.115 -0.021
202006 -0.295 257.797 -0.382
202009 -0.256 260.280 -0.328
202012 -0.239 260.474 -0.306
202103 0.473 264.877 0.596
202106 -0.376 271.696 -0.462
202109 0.173 274.310 0.211
202112 0.567 278.802 0.679
202203 0.327 287.504 0.380
202206 -0.456 296.311 -0.514
202209 0.059 296.808 0.066
202212 0.261 296.797 0.294
202303 0.341 301.836 0.377
202306 -0.360 305.109 -0.394
202309 -0.184 307.789 -0.200
202312 0.331 306.746 0.360
202403 0.115 312.332 0.123
202406 -0.240 314.175 -0.255
202409 0.239 315.301 0.253
202412 0.662 315.605 0.700
202503 0.388 319.799 0.405
202506 0.079 322.561 0.082
202509 0.295 324.800 0.303
202512 0.656 324.054 0.676
202603 0.886 330.213 0.896
202606 0.371 333.952 0.371

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$-0.17 mean?
Snap (BSP:S2NA34) has a Cyclically Adjusted FCF per Share of R$-0.17 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 Snap and its competitors.
Is Snap's Cyclically Adjusted FCF per Share too high?
Snap's current Cyclically Adjusted FCF per Share is R$-0.17. Overall, Snap has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's Cyclically Adjusted FCF per Share compare to BILI and ZG?
Snap's Cyclically Adjusted FCF per Share of R$-0.17 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media 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 Snap and its competitors. Snap's current Cyclically Adjusted FCF per Share is R$-0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap stock overvalued right now?
Based on GuruFocus' analysis, Snap (BSP:S2NA34) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.88, compared to a current price of R$4.48 — trading 54.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is R$-0.17. Snap's overall GF Score™ is 45/100 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 Snap (BSP:S2NA34), the current Cyclically Adjusted FCF per Share is R$-0.17 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 Snap (BSP:S2NA34) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of R$4.48 is trading 54.7% below its estimated GF Value™ of R$9.88. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for BSP:S2NA34:

  • Cyclically Adjusted FCF per Share: R$-0.17
  • GF Value™: R$9.88 vs. price of R$4.48 (54.7% below fair value)
  • GF Score™: 45/100 with 2 warning signs

No single metric tells the full story. See the BSP:S2NA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
Snap is a technology company best known for its marquis social media application.Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
45GF Score

Get the complete analysis for BSP:S2NA34

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

R$4.48
Price
R$9.88
GF Value