Visa (BUE:V) Cyclically Adjusted FCF per Share: ARS551.63 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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:V Visa Inc BUE:V
98 GF Score
Price ARS31,100.00
GF Value ARS36,524.57
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Visa Cyclically Adjusted FCF per Share?

Visa BUE:V +2.64% 98 Cyclically Adjusted FCF per Share is ARS551.63 as of Mar. 2026. GuruFocus rates BUE:V with a GF Score™ of 98/100 and a GF Value™ of ARS36,524.57 (Modestly Undervalued). 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.

Visa's adjusted free cash flow per share for the three months ended in Mar. 2026 was ARS1,790.436. 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 ARS551.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Visa's average Cyclically Adjusted FCF Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% 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 Visa was 29.20% per year. The lowest was 16.50% per year. And the median was 19.50% per year.

As of today (2026-07-14), Visa's current stock price is ARS31100.00. Visa's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ARS551.63. Visa's Cyclically Adjusted Price-to-FCF of today is 56.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Visa was 85.28. The lowest was 44.41. And the median was 69.84.


Visa  (BUE:V) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31100.00/551.63
=56.38

* 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 Visa was 85.28. The lowest was 44.41. And the median was 69.84.


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.


Visa Cyclically Adjusted FCF per Share Related Terms


Visa Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Visa'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.

Visa Cyclically Adjusted FCF per Share Chart

Visa Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.86 165.49 154.66 374.63 542.18

Visa 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 426.91 411.48 542.18 555.97 551.63

BUE:V vs MA, AXP, COF: Cyclically Adjusted FCF per Share Comparison

For the Credit Services subindustry, Visa'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.


Visa Cyclically Adjusted Price-to-FCF vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Visa's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BUE:V
98GF Score
Visa Inc BUE:V
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visa 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, Visa'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)
=1790.436/330.2130*330.2130
=1,790.436

Current CPI (Mar. 2026) = 330.2130.

Visa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.835 241.018 1.144
201609 11.826 241.428 16.175
201612 12.806 241.432 17.515
201703 1.343 243.801 1.819
201706 19.375 244.955 26.119
201709 16.630 246.819 22.249
201712 18.164 246.524 24.330
201803 19.514 249.554 25.821
201806 32.058 251.989 42.010
201809 43.937 252.439 57.474
201812 43.200 251.233 56.781
201903 27.360 254.202 35.541
201906 52.573 256.143 67.776
201909 78.653 256.759 101.154
201912 82.105 256.974 105.505
202003 29.082 258.115 37.205
202006 73.256 257.797 93.834
202009 53.952 260.280 68.448
202012 103.320 260.474 130.983
202103 108.445 264.877 135.195
202106 152.889 271.696 185.818
202109 140.652 274.310 169.316
202112 157.904 278.802 187.021
202203 134.142 287.504 154.069
202206 235.267 296.311 262.185
202209 304.229 296.808 338.469
202212 259.378 296.797 288.581
202303 285.567 301.836 312.414
202306 526.507 305.109 569.827
202309 929.923 307.789 997.673
202312 488.584 306.746 525.962
202403 1,454.389 312.332 1,537.653
202406 1,754.676 314.175 1,844.249
202409 2,668.033 315.301 2,794.216
202412 2,302.696 315.605 2,409.278
202503 2,208.942 319.799 2,280.874
202506 3,423.334 322.561 3,504.545
202509 3,651.961 324.800 3,712.823
202512 4,303.146 324.054 4,384.932
202603 1,790.436 330.213 1,790.436

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 ARS551.63 mean?
Visa (BUE:V) has a Cyclically Adjusted FCF per Share of ARS551.63 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 Visa and its competitors.
Is Visa's Cyclically Adjusted FCF per Share too high?
Visa's current Cyclically Adjusted FCF per Share is ARS551.63. Overall, Visa has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Visa's Cyclically Adjusted FCF per Share compare to MA and AXP?
Visa's Cyclically Adjusted FCF per Share of ARS551.63 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted FCF per Share depends on the Credit Services 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 Visa and its competitors. Visa's current Cyclically Adjusted FCF per Share is ARS551.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visa stock overvalued right now?
Based on GuruFocus' analysis, Visa (BUE:V) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS36,524.57, compared to a current price of ARS31,100.00 — trading 14.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ARS551.63. Visa's overall GF Score™ is 98/100 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 Visa (BUE:V), the current Cyclically Adjusted FCF per Share is ARS551.63 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 Visa (BUE:V) Overvalued in 2026?

Based on GuruFocus' analysis, Visa stock appears to be undervalued. The current stock price of ARS31,100.00 is trading 14.9% below its estimated GF Value™ of ARS36,524.57. GuruFocus considers Visa to be Modestly Undervalued.

Key valuation signals for BUE:V:

  • Cyclically Adjusted FCF per Share: ARS551.63
  • GF Value™: ARS36,524.57 vs. price of ARS31,100.00 (14.9% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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


Visa Business Description

Address P.O. Box 8999, San Francisco, CA, USA, 94128-8999
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
98GF Score

Get the complete analysis for BUE:V

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

ARS31,100.00
Price
ARS36,524.57
GF Value