Stag Industrial (BSP:S2TA34) Cyclically Adjusted FCF per Share: R$1.29 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:S2TA34 Stag Industrial Inc BSP:S2TA34
69 GF Score
Price R$37.90
GF Value R$41.98
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Stag Industrial Cyclically Adjusted FCF per Share?

Stag Industrial BSP:S2TA34 +0.08% 69 Cyclically Adjusted FCF per Share is R$1.29 as of Jun. 2026. GuruFocus rates BSP:S2TA34 with a GF Score™ of 69/100 and a GF Value™ of R$41.98 (Modestly Undervalued). The stock has 6 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.

Stag Industrial's adjusted free cash flow per share for the three months ended in Jun. 2026 was R$0.417. 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$1.29 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Stag Industrial's average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.80% 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 Stag Industrial was 45.70% per year. The lowest was 19.80% per year. And the median was 32.75% per year.

As of today (2026-09-17), Stag Industrial's current stock price is R$37.90. Stag Industrial's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was R$1.29. Stag Industrial's Cyclically Adjusted Price-to-FCF of today is 29.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stag Industrial was 480.78. The lowest was 23.29. And the median was 34.22.


Stag Industrial  (BSP:S2TA34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=37.90/1.29
=29.38

* 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 Stag Industrial was 480.78. The lowest was 23.29. And the median was 34.22.


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.


Stag Industrial Cyclically Adjusted FCF per Share Related Terms


Stag Industrial Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Stag Industrial'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.

Stag Industrial Cyclically Adjusted FCF per Share Chart

Stag Industrial 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 1.36 1.47 1.52 1.31 1.24

Stag Industrial 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 1.36 1.38 1.25 1.28 1.29

BSP:S2TA34 vs TRNO, FR, REXR: Cyclically Adjusted FCF per Share Comparison

For the REIT - Industrial subindustry, Stag Industrial'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.


Stag Industrial Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


BSP:S2TA34
69GF Score
Stag Industrial Inc BSP:S2TA34
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stag Industrial 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, Stag Industrial'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)
=0.417/333.9520*333.9520
=0.417

Current CPI (Jun. 2026) = 333.9520.

Stag Industrial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.229 241.428 0.317
201612 0.246 241.432 0.340
201703 0.195 243.801 0.267
201706 0.264 244.955 0.360
201709 0.214 246.819 0.290
201712 0.153 246.524 0.207
201803 0.238 249.554 0.318
201806 0.331 251.989 0.439
201809 0.262 252.439 0.347
201812 0.274 251.233 0.364
201903 0.276 254.202 0.363
201906 0.309 256.143 0.403
201909 0.260 256.759 0.338
201912 0.222 256.974 0.289
202003 0.325 258.115 0.420
202006 0.478 257.797 0.619
202009 0.455 260.280 0.584
202012 0.391 260.474 0.501
202103 0.435 264.877 0.548
202106 0.543 271.696 0.667
202109 0.519 274.310 0.632
202112 0.444 278.802 0.532
202203 0.422 287.504 0.490
202206 0.438 296.311 0.494
202209 0.462 296.808 0.520
202212 0.263 296.797 0.296
202303 0.340 301.836 0.376
202306 0.449 305.109 0.491
202309 0.437 307.789 0.474
202312 0.343 306.746 0.373
202403 0.438 312.332 0.468
202406 0.587 314.175 0.624
202409 0.545 315.301 0.577
202412 -2.516 315.605 -2.662
202503 0.364 319.799 0.380
202506 0.385 322.561 0.399
202509 0.558 324.800 0.574
202512 -0.934 324.054 -0.963
202603 0.418 330.213 0.423
202606 0.417 333.952 0.417

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$1.29 mean?
Stag Industrial (BSP:S2TA34) has a Cyclically Adjusted FCF per Share of R$1.29 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 Stag Industrial and its competitors.
Is Stag Industrial's Cyclically Adjusted FCF per Share too high?
Stag Industrial's current Cyclically Adjusted FCF per Share is R$1.29. Overall, Stag Industrial has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stag Industrial's Cyclically Adjusted FCF per Share compare to TRNO and FR?
Stag Industrial's Cyclically Adjusted FCF per Share of R$1.29 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 Stag Industrial and its competitors. Stag Industrial's current Cyclically Adjusted FCF per Share is R$1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stag Industrial stock overvalued right now?
Based on GuruFocus' analysis, Stag Industrial (BSP:S2TA34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$41.98, compared to a current price of R$37.90 — trading 9.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is R$1.29. Stag Industrial's overall GF Score™ is 69/100 with 6 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 Stag Industrial (BSP:S2TA34), the current Cyclically Adjusted FCF per Share is R$1.29 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 Stag Industrial (BSP:S2TA34) Overvalued in 2026?

Based on GuruFocus' analysis, Stag Industrial stock appears to be undervalued. The current stock price of R$37.90 is trading 9.7% below its estimated GF Value™ of R$41.98. GuruFocus considers Stag Industrial to be Modestly Undervalued.

Key valuation signals for BSP:S2TA34:

  • Cyclically Adjusted FCF per Share: R$1.29
  • GF Value™: R$41.98 vs. price of R$37.90 (9.7% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the BSP:S2TA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stag Industrial Business Description

Industry Real EstateREITs
Other Exchanges STAG:USA0L98:UKSW6:Germany
Address One Federal Street, 23rd Floor, Boston, MA, USA, 02110
Stag Industrial Inc is a REIT focused on the acquisition, ownership, development, and operation of industrial properties throughout the United States. Its platform is designed to (i) identify properties for acquisition that offer attractive returns across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants, (ii) provide growth through the ownership of high-quality assets, property management and pursuit of acquisitions in an attractive opportunity set, and (iii) capitalize its business appropriately given the characteristics of its assets. The majority of its portfolio is single-tenant industrial properties throughout the United States. The company derives the majority of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities.
69GF Score

Get the complete analysis for BSP:S2TA34

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

R$37.90
Price
R$41.98
GF Value