COYJF (Citycon Oyj) Cyclically Adjusted FCF per Share: $0.21 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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COYJF Citycon Oyj COYJF
73 GF Score
Price $3.35
GF Value $4.29
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Citycon Oyj Cyclically Adjusted FCF per Share?

Citycon Oyj COYJF 73 Cyclically Adjusted FCF per Share is $0.21 as of Jun. 2026. GuruFocus rates COYJF with a GF Score™ of 73/100 and a GF Value™ of $4.29 (Possible Value Trap). The stock has 5 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.

Citycon Oyj's adjusted free cash flow per share for the three months ended in Jun. 2026 was $0.193. 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 $0.21 for the trailing ten years ended in Jun. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Citycon Oyj was 37.50% per year. The lowest was -59.90% per year. And the median was -29.50% per year.

As of today (2026-08-19), Citycon Oyj's current stock price is $3.35. Citycon Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $0.21. Citycon Oyj's Cyclically Adjusted Price-to-FCF of today is 15.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Citycon Oyj was 199.40. The lowest was 28.95. And the median was 159.75.


Citycon Oyj  (OTCPK:COYJF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.35/0.21
=15.95

* 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 Citycon Oyj was 199.40. The lowest was 28.95. And the median was 159.75.


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.


Citycon Oyj Cyclically Adjusted FCF per Share Related Terms


Citycon Oyj Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Citycon Oyj'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.

Citycon Oyj Cyclically Adjusted FCF per Share Chart

Citycon Oyj 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 -0.39 -0.48 -0.28 -0.21 0.03

Citycon Oyj Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.09 -0.07 0.03 0.04 0.21

Citycon Oyj Cyclically Adjusted FCF per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Citycon Oyj'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.


Citycon Oyj Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Citycon Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


COYJF
73GF Score
Citycon Oyj COYJF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.193/125.0800*125.0800
=0.193

Current CPI (Jun. 2026) = 125.0800.

Citycon Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.156 100.540 0.194
201612 0.055 101.020 0.068
201703 -0.011 100.910 -0.014
201706 -0.104 101.140 -0.129
201709 0.069 101.320 0.085
201712 0.033 101.510 0.041
201803 0.113 101.730 0.139
201806 0.007 102.320 0.009
201809 -0.214 102.600 -0.261
201812 0.064 102.710 0.078
201903 0.188 102.870 0.229
201906 0.076 103.360 0.092
201909 -0.009 103.540 -0.011
201912 -0.036 103.650 -0.043
202003 -0.050 103.490 -0.060
202006 -0.124 103.320 -0.150
202009 0.042 103.710 0.051
202012 -0.076 103.890 -0.092
202103 -0.274 104.870 -0.327
202106 -0.106 105.360 -0.126
202109 -0.085 106.290 -0.100
202112 -0.132 107.490 -0.154
202203 -0.291 110.950 -0.328
202206 0.000 113.570 0.000
202209 -0.077 114.920 -0.084
202212 -0.099 117.320 -0.106
202303 0.000 119.750 0.000
202306 0.122 120.690 0.126
202309 0.201 121.280 0.207
202312 0.230 121.540 0.237
202403 0.029 122.360 0.030
202406 0.182 122.230 0.186
202409 0.220 122.260 0.225
202412 0.184 122.390 0.188
202503 -0.052 123.010 -0.053
202506 0.202 122.530 0.206
202509 0.261 122.880 0.266
202512 0.267 122.670 0.272
202603 -0.046 124.670 -0.046
202606 0.193 125.080 0.193

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 $0.21 mean?
Citycon Oyj (COYJF) has a Cyclically Adjusted FCF per Share of $0.21 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Citycon Oyj and its competitors.
Is Citycon Oyj's Cyclically Adjusted FCF per Share too high?
Citycon Oyj's current Cyclically Adjusted FCF per Share is $0.21. Overall, Citycon Oyj has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Citycon Oyj's Cyclically Adjusted FCF per Share compare to competitors?
Citycon Oyj's Cyclically Adjusted FCF per Share of $0.21 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 Citycon Oyj and its competitors. Citycon Oyj's current Cyclically Adjusted FCF per Share is $0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citycon Oyj stock overvalued right now?
Based on GuruFocus' analysis, Citycon Oyj (COYJF) is currently considered Possible Value Trap. The stock's GF Value™ is $4.29, compared to a current price of $3.35 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.21. Citycon Oyj's overall GF Score™ is 73/100 with 5 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 Citycon Oyj (COYJF), the current Cyclically Adjusted FCF per Share is $0.21 as of Jun. 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 Citycon Oyj (COYJF) Overvalued in 2026?

Based on GuruFocus' analysis, Citycon Oyj stock appears to be undervalued. The current stock price of $3.35 is trading 21.9% below its estimated GF Value™ of $4.29. GuruFocus considers Citycon Oyj to be Possible Value Trap.

Key valuation signals for COYJF:

  • Cyclically Adjusted FCF per Share: $0.21
  • GF Value™: $4.29 vs. price of $3.35 (21.9% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Citycon Oyj Business Description

Address Piispansilta 9 A 1, Iso Omena, Espoo, FIN, 02230
Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 28 centers. Among those centers, 9 are located in Finland, 1 in Estonia, 10 in Norway, 6 in Sweden, and 2 in Denmark. Citycon's business operations units: Finland & Estonia, Norway, and Sweden & Denmark. The business units are further subdivided into clusters. The Finnish, Estonian, and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.
73GF Score

Get the complete analysis for COYJF

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

$3.35
Price
$4.29
GF Value