BlackBerry (BUE:BBRY) Cyclically Adjusted FCF per Share: ARS0.00 (As of May. 2026)

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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:BBRY BlackBerry Ltd BUE:BBRY
31 GF Score
Price ARS4,347.50
GF Value ARS1,934.04
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BlackBerry Cyclically Adjusted FCF per Share?

BlackBerry BUE:BBRY -5.39% 31 Cyclically Adjusted FCF per Share is ARS0.00 as of May. 2026. GuruFocus rates BUE:BBRY with a GF Score™ of 31/100 and a GF Value™ of ARS1,934.04 (Significantly 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.

BlackBerry's adjusted free cash flow per share for the three months ended in May. 2026 was ARS0.079. 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 ARS0.00 for the trailing ten years ended in May. 2026.

During the past 12 months, BlackBerry's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 BlackBerry was 152.00% per year. The lowest was -77.30% per year. And the median was -3.50% per year.

As of today (2026-08-30), BlackBerry's current stock price is ARS4347.50. BlackBerry's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was ARS0.00. BlackBerry's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackBerry was 1480.00. The lowest was 8.34. And the median was 19.18.


BlackBerry  (BUE:BBRY) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackBerry was 1480.00. The lowest was 8.34. And the median was 19.18.


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.


BlackBerry Cyclically Adjusted FCF per Share Related Terms


BlackBerry Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for BlackBerry'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.

BlackBerry Cyclically Adjusted FCF per Share Chart

BlackBerry Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 -20.24 41.54 25.01 21.47

BlackBerry Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 17.26 13.17 14.53 21.47 0.00

BUE:BBRY vs MSFT, ORCL, PLTR: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, BlackBerry's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BUE:BBRY
31GF Score
BlackBerry Ltd BUE:BBRY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.079/134.0005*134.0005
=0.079

Current CPI (May. 2026) = 134.0005.

BlackBerry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 -0.428 101.686 -0.564
201611 -1.576 101.607 -2.078
201702 -0.079 102.476 -0.103
201705 8.434 103.108 10.961
201708 -0.059 103.108 -0.077
201711 -0.153 103.740 -0.198
201802 -1.959 104.688 -2.508
201805 -0.242 105.399 -0.308
201808 0.244 106.031 0.308
201811 0.936 105.478 1.189
201902 0.141 106.268 0.178
201905 -1.758 107.927 -2.183
201908 0.095 108.085 0.118
201911 0.904 107.769 1.124
202002 0.749 108.559 0.925
202005 -1.592 107.532 -1.984
202008 0.906 108.243 1.122
202011 0.900 108.796 1.108
202102 1.857 109.745 2.267
202105 -2.252 111.404 -2.709
202108 0.274 112.668 0.326
202111 -1.527 113.932 -1.796
202202 -0.110 115.986 -0.127
202205 -3.074 120.016 -3.432
202208 -2.411 120.569 -2.680
202211 -16.053 121.675 -17.679
202302 -2.051 122.070 -2.251
202305 11.320 124.045 12.228
202308 -9.301 125.389 -9.940
202311 -6.395 125.468 -6.830
202402 -3.772 125.468 -4.029
202405 -8.915 127.601 -9.362
202408 -9.871 127.838 -10.347
202411 1.835 127.838 1.923
202502 23.765 128.786 24.727
202505 -13.197 129.813 -13.623
202508 1.263 130.208 1.300
202511 12.970 130.682 13.299
202602 34.017 131.077 34.776
202605 0.079 134.001 0.079

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 ARS0.00 mean?
BlackBerry (BUE:BBRY) has a Cyclically Adjusted FCF per Share of ARS0.00 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on BlackBerry and its competitors.
Is BlackBerry's Cyclically Adjusted FCF per Share too high?
BlackBerry's current Cyclically Adjusted FCF per Share is ARS0.00. Overall, BlackBerry has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackBerry's Cyclically Adjusted FCF per Share compare to MSFT and ORCL?
BlackBerry's Cyclically Adjusted FCF per Share of ARS0.00 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 BlackBerry and its competitors. BlackBerry's current Cyclically Adjusted FCF per Share is ARS0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackBerry stock overvalued right now?
Based on GuruFocus' analysis, BlackBerry (BUE:BBRY) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS1,934.04, compared to a current price of ARS4,347.50 — trading 124.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS0.00. BlackBerry's overall GF Score™ is 31/100 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 BlackBerry (BUE:BBRY), the current Cyclically Adjusted FCF per Share is ARS0.00 as of May. 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 BlackBerry (BUE:BBRY) Overvalued in 2026?

Based on GuruFocus' analysis, BlackBerry stock appears to be overvalued. The current stock price of ARS4,347.50 is trading 124.8% above its estimated GF Value™ of ARS1,934.04. GuruFocus considers BlackBerry to be Significantly Overvalued.

Key valuation signals for BUE:BBRY:

  • Cyclically Adjusted FCF per Share: ARS0.00
  • GF Value™: ARS1,934.04 vs. price of ARS4,347.50 (124.8% above fair value)
  • GF Score™: 31/100 with 3 warning signs

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


BlackBerry Business Description

Address 2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.
31GF Score

Get the complete analysis for BUE:BBRY

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

ARS4,347.50
Price
ARS1,934.04
GF Value