Adecoagro (BUE:ADGO) Cyclically Adjusted FCF per Share: ARS1,197.20 (As of Mar. 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.

BUE:ADGO Adecoagro SA BUE:ADGO
70 GF Score
Price ARS15,380.00
GF Value ARS17,470.79
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Adecoagro Cyclically Adjusted FCF per Share?

Adecoagro BUE:ADGO -3.39% 70 Cyclically Adjusted FCF per Share is ARS1,197.20 as of Mar. 2026. GuruFocus rates BUE:ADGO with a GF Score™ of 70/100 and a GF Value™ of ARS17,470.79 (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.

Adecoagro's adjusted free cash flow per share for the three months ended in Mar. 2026 was ARS-876.934. 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 ARS1,197.20 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Adecoagro's average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 56.90% 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 Adecoagro was 56.90% per year. The lowest was 56.90% per year. And the median was 56.90% per year.

As of today (2026-07-30), Adecoagro's current stock price is ARS15380.00. Adecoagro's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ARS1,197.20. Adecoagro's Cyclically Adjusted Price-to-FCF of today is 12.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adecoagro was 445.00. The lowest was 8.59. And the median was 17.20.


Adecoagro  (BUE:ADGO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15380.00/1197.20
=12.85

* 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 Adecoagro was 445.00. The lowest was 8.59. And the median was 17.20.


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.


Adecoagro Cyclically Adjusted FCF per Share Related Terms


Adecoagro Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Adecoagro'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.

Adecoagro Cyclically Adjusted FCF per Share Chart

Adecoagro 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 -51.86 148.89 1,028.70 921.53 1,301.26

Adecoagro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 949.15 1,012.53 1,272.53 1,301.26 1,197.20

BUE:ADGO vs DMC, DOLE, VITL: Cyclically Adjusted FCF per Share Comparison

For the Farm Products subindustry, Adecoagro'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.


Adecoagro Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adecoagro's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BUE:ADGO
70GF Score
Adecoagro SA BUE:ADGO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adecoagro 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, Adecoagro's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-876.934/127.1600*127.1600
=-876.934

Current CPI (Mar. 2026) = 127.1600.

Adecoagro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -3.092 100.660 -3.906
201609 -0.933 100.750 -1.178
201612 21.854 101.040 27.504
201703 -8.499 101.780 -10.618
201706 1.442 102.170 1.795
201709 1.521 102.520 1.887
201712 13.092 102.410 16.256
201803 -11.722 102.900 -14.486
201806 -3.702 103.650 -4.542
201809 9.212 104.580 11.201
201812 18.506 104.320 22.558
201903 -31.757 105.140 -38.408
201906 -5.373 105.550 -6.473
201909 31.706 105.900 38.071
201912 48.881 106.080 58.595
202003 -10.242 106.040 -12.282
202006 -9.607 106.340 -11.488
202009 27.213 106.620 32.455
202012 50.082 106.670 59.702
202103 -64.231 108.140 -75.528
202106 43.550 108.680 50.955
202109 58.463 109.470 67.910
202112 85.146 111.090 97.463
202203 -98.860 114.780 -109.523
202206 15.783 116.750 17.190
202209 49.447 117.000 53.741
202212 287.920 117.060 312.762
202303 -245.125 118.910 -262.132
202306 76.492 120.460 80.746
202309 556.692 121.740 581.477
202312 413.012 121.170 433.429
202403 -1,067.566 122.590 -1,107.364
202406 816.196 123.120 842.978
202409 -6.720 123.300 -6.930
202412 1,058.495 122.430 1,099.389
202503 -1,102.232 124.210 -1,128.410
202506 878.741 125.820 888.100
202509 -305.811 126.570 -307.237
202512 1,288.494 126.180 1,298.501
202603 -876.934 127.160 -876.934

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 ARS1,197.20 mean?
Adecoagro (BUE:ADGO) has a Cyclically Adjusted FCF per Share of ARS1,197.20 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Adecoagro and its competitors.
Is Adecoagro's Cyclically Adjusted FCF per Share too high?
Adecoagro's current Cyclically Adjusted FCF per Share is ARS1,197.20. Overall, Adecoagro has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecoagro's Cyclically Adjusted FCF per Share compare to DMC and DOLE?
Adecoagro's Cyclically Adjusted FCF per Share of ARS1,197.20 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Adecoagro and its competitors. Adecoagro's current Cyclically Adjusted FCF per Share is ARS1,197.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecoagro stock overvalued right now?
Based on GuruFocus' analysis, Adecoagro (BUE:ADGO) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS17,470.79, compared to a current price of ARS15,380.00 — trading 12% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS1,197.20. Adecoagro's overall GF Score™ is 70/100 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 Adecoagro (BUE:ADGO), the current Cyclically Adjusted FCF per Share is ARS1,197.20 as of Mar. 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 Adecoagro (BUE:ADGO) Overvalued in 2026?

Based on GuruFocus' analysis, Adecoagro stock appears to be undervalued. The current stock price of ARS15,380.00 is trading 12% below its estimated GF Value™ of ARS17,470.79. GuruFocus considers Adecoagro to be Modestly Undervalued.

Key valuation signals for BUE:ADGO:

  • Cyclically Adjusted FCF per Share: ARS1,197.20
  • GF Value™: ARS17,470.79 vs. price of ARS15,380.00 (12% below fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Adecoagro Business Description

Other Exchanges AGRO:USA0DWL:UKACD:Germany
Address 28, Boulevard F.W, Raiffeisen, LUX, L-2411
Adecoagro SA is a Luxembourg-based agricultural company. It is involved in a wide range of businesses, including farming crops and other agricultural products, dairy operations sugar, ethanol, energy production, and land transformation. The group operates in two lines of business, namely, Farming and Sugar, Ethanol and Energy. The Farming is further comprised of three reportable segments: Crops, Rice and Dairy. Sugar, Ethanol and Energy Segment, consists of cultivating sugarcane, which is processed in owned sugar mills, transformed into ethanol, sugar and electricity, in addition to biomethane and then marketed.
70GF Score

Get the complete analysis for BUE:ADGO

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

ARS15,380.00
Price
ARS17,470.79
GF Value