Solar AS (CHIX:SOLABC) Cyclically Adjusted FCF per Share: kr34.16 (As of Mar. 2026)


CHIX:SOLABC Solar AS CHIX:SOLABC
63 GF Score
Price kr198.20
GF Value kr303.91
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Solar AS Cyclically Adjusted FCF per Share?

Solar AS CHIX:SOLABC 63 Cyclically Adjusted FCF per Share is kr34.16 as of Mar. 2026. GuruFocus rates CHIX:SOLABC with a GF Score™ of 63/100 and a GF Value™ of kr303.91 (Possible Value Trap). The stock has 8 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.

Solar AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr-35.827. 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 kr34.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Solar AS's average Cyclically Adjusted FCF Growth Rate was -13.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% 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 Solar AS was 10.70% per year. The lowest was -0.80% per year. And the median was 3.60% per year.

As of today (2026-07-06), Solar AS's current stock price is kr198.20. Solar AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr34.16. Solar AS's Cyclically Adjusted Price-to-FCF of today is 5.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Solar AS was 30.65. The lowest was 5.05. And the median was 13.26.


Solar AS  (CHIX:SOLABc) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=198.20/34.16
=5.80

* 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 Solar AS was 30.65. The lowest was 5.05. And the median was 13.26.


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.


Solar AS Cyclically Adjusted FCF per Share Related Terms


Solar AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Solar AS'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.

Solar AS Cyclically Adjusted FCF per Share Chart

Solar AS 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 27.03 27.79 38.07 40.96 44.79

Solar AS 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 44.50 32.35 51.02 44.79 34.16

CHIX:SOLABC vs SNX, ARW, AVT: Cyclically Adjusted FCF per Share Comparison

For the Electronics & Computer Distribution subindustry, Solar AS'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.


Solar AS Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


CHIX:SOLABC
63GF Score
Solar AS CHIX:SOLABC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar AS 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, Solar AS'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)
=-35.827/121.6800*121.6800
=-35.827

Current CPI (Mar. 2026) = 121.6800.

Solar AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.556 100.600 1.882
201609 -5.164 100.200 -6.271
201612 52.213 100.300 63.343
201703 -18.883 101.200 -22.704
201706 -31.160 101.200 -37.466
201709 -3.970 101.800 -4.745
201712 34.464 101.300 41.398
201803 -10.123 101.700 -12.112
201806 -11.794 102.300 -14.028
201809 -6.837 102.400 -8.124
201812 66.630 102.100 79.408
201903 -22.606 102.900 -26.732
201906 -7.104 102.900 -8.401
201909 16.045 102.900 18.973
201912 32.057 102.900 37.908
202003 -9.453 103.300 -11.135
202006 36.428 103.200 42.951
202009 16.972 103.500 19.953
202012 55.874 103.400 65.752
202103 -15.185 104.300 -17.715
202106 39.486 105.000 45.759
202109 -14.063 105.800 -16.174
202112 69.092 106.600 78.866
202203 -37.842 109.900 -41.898
202206 -11.606 113.600 -12.431
202209 -6.963 116.400 -7.279
202212 27.676 115.900 29.056
202303 6.967 117.300 7.227
202306 3.143 116.400 3.286
202309 12.010 117.400 12.448
202312 57.341 116.700 59.788
202403 -6.800 118.400 -6.988
202406 19.407 118.500 19.928
202409 -37.957 118.900 -38.844
202412 55.556 118.900 56.855
202503 -32.890 120.200 -33.295
202506 -15.960 120.700 -16.090
202509 -4.920 121.600 -4.923
202512 32.821 121.200 32.951
202603 -35.827 121.680 -35.827

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 kr34.16 mean?
Solar AS (CHIX:SOLABC) has a Cyclically Adjusted FCF per Share of kr34.16 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 Solar AS and its competitors.
Is Solar AS's Cyclically Adjusted FCF per Share too high?
Solar AS's current Cyclically Adjusted FCF per Share is kr34.16. Overall, Solar AS has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solar AS's Cyclically Adjusted FCF per Share compare to SNX and ARW?
Solar AS's Cyclically Adjusted FCF per Share of kr34.16 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Solar AS and its competitors. Solar AS's current Cyclically Adjusted FCF per Share is kr34.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Based on GuruFocus' analysis, Solar AS (CHIX:SOLABC) is currently considered Possible Value Trap. The stock's GF Value™ is kr303.91, compared to a current price of kr198.20 — trading 34.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is kr34.16. Solar AS's overall GF Score™ is 63/100 with 8 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 Solar AS (CHIX:SOLABC), the current Cyclically Adjusted FCF per Share is kr34.16 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 Solar AS (CHIX:SOLABC) Overvalued in 2026?

Based on GuruFocus' analysis, Solar AS stock appears to be undervalued. The current stock price of kr198.20 is trading 34.8% below its estimated GF Value™ of kr303.91. GuruFocus considers Solar AS to be Possible Value Trap.

Key valuation signals for CHIX:SOLABC:

  • Cyclically Adjusted FCF per Share: kr34.16
  • GF Value™: kr303.91 vs. price of kr198.20 (34.8% below fair value)
  • GF Score™: 63/100 with 8 warning signs

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


Solar AS Business Description

Address Industrivej Vest 43, Vejen, DNK, 6600
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
63GF Score

Get the complete analysis for CHIX:SOLABC

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

kr198.20
Price
kr303.91
GF Value