Snap (BUE:SNAP) Cyclically Adjusted FCF per Share: ARS-325.46 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

BUE:SNAP Snap Inc BUE:SNAP
53 GF Score
Price ARS7,390.00
GF Value ARS19,459.81
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Snap Cyclically Adjusted FCF per Share?

Snap BUE:SNAP -2.12% 53 Cyclically Adjusted FCF per Share is ARS-325.46 as of Mar. 2026. GuruFocus rates BUE:SNAP with a GF Score™ of 53/100 and a GF Value™ of ARS19,459.81 (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 Mar. 2026 was ARS236.961. 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 ARS-325.46 for the trailing ten years ended in Mar. 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 (2026-07-31), Snap's current stock price is ARS7390.00. Snap's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ARS-325.46. Snap's Cyclically Adjusted Price-to-FCF of today is .


Snap  (BUE:SNAP) 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 -379.80

Snap 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 0.00 0.00 -416.38 -379.80 -325.46

BUE:SNAP 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.


BUE:SNAP
53GF Score
Snap Inc BUE:SNAP
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 Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=236.961/330.2130*330.2130
=236.961

Current CPI (Mar. 2026) = 330.2130.

Snap Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -2.070 241.018 -2.836
201609 -3.434 241.428 -4.697
201612 -2.577 241.432 -3.525
201703 -2.793 243.801 -3.783
201706 -3.189 244.955 -4.299
201709 -3.130 246.819 -4.188
201712 -2.904 246.524 -3.890
201803 -4.254 249.554 -5.629
201806 -4.512 251.989 -5.913
201809 -4.462 252.439 -5.837
201812 -4.094 251.233 -5.381
201903 -2.274 254.202 -2.954
201906 -3.391 256.143 -4.372
201909 -3.375 256.759 -4.341
201912 -3.222 256.974 -4.140
202003 -0.201 258.115 -0.257
202006 -3.895 257.797 -4.989
202009 -3.521 260.280 -4.467
202012 -3.782 260.474 -4.795
202103 7.561 264.877 9.426
202106 -7.084 271.696 -8.610
202109 3.199 274.310 3.851
202112 10.126 278.802 11.993
202203 7.048 287.504 8.095
202206 -10.871 296.311 -12.115
202209 1.564 296.808 1.740
202212 8.349 296.797 9.289
202303 12.926 301.836 14.141
202306 -17.797 305.109 -19.261
202309 -13.055 307.789 -14.006
202312 24.417 306.746 26.285
202403 19.385 312.332 20.495
202406 -39.985 314.175 -42.026
202409 41.055 315.301 42.997
202412 109.546 315.605 114.616
202503 71.890 319.799 74.231
202506 16.866 322.561 17.266
202509 74.798 324.800 76.045
202512 174.416 324.054 177.731
202603 236.961 330.213 236.961

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 ARS-325.46 mean?
Snap (BUE:SNAP) has a Cyclically Adjusted FCF per Share of ARS-325.46 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 Snap and its competitors.
Is Snap's Cyclically Adjusted FCF per Share too high?
Snap's current Cyclically Adjusted FCF per Share is ARS-325.46. Overall, Snap has a GF Score™ of 53/100 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 ARS-325.46 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 ARS-325.46. 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 (BUE:SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is ARS19,459.81, compared to a current price of ARS7,390.00 — trading 62% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS-325.46. Snap's overall GF Score™ is 53/100 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 (BUE:SNAP), the current Cyclically Adjusted FCF per Share is ARS-325.46 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 Snap (BUE:SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of ARS7,390.00 is trading 62% below its estimated GF Value™ of ARS19,459.81. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for BUE:SNAP:

  • Cyclically Adjusted FCF per Share: ARS-325.46
  • GF Value™: ARS19,459.81 vs. price of ARS7,390.00 (62% below fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the BUE:SNAP 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.
53GF Score

Get the complete analysis for BUE:SNAP

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

ARS7,390.00
Price
ARS19,459.81
GF Value