Grameenphone (DHA:GP) Cyclically Adjusted FCF per Share: BDT32.61 (As of Jun. 2026)

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DHA:GP Grameenphone Ltd DHA:GP
93 GF Score
Price BDT259.00
GF Value BDT288.27
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Grameenphone Cyclically Adjusted FCF per Share?

Grameenphone DHA:GP +0.35% 93 Cyclically Adjusted FCF per Share is BDT32.61 as of Jun. 2026. GuruFocus rates DHA:GP with a GF Score™ of 93/100 and a GF Value™ of BDT288.27 (Modestly Undervalued). The stock has 6 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.

Grameenphone's adjusted free cash flow per share for the three months ended in Jun. 2026 was BDT5.871. 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 BDT32.61 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Grameenphone's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.30% 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 Grameenphone was 13.70% per year. The lowest was 10.30% per year. And the median was 12.00% per year.

As of today (2026-07-23), Grameenphone's current stock price is BDT259.00. Grameenphone's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was BDT32.61. Grameenphone's Cyclically Adjusted Price-to-FCF of today is 7.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Grameenphone was 21.32. The lowest was 7.48. And the median was 12.09.


Grameenphone  (DHA:GP) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=259.00/32.61
=7.94

* 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 Grameenphone was 21.32. The lowest was 7.48. And the median was 12.09.


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.


Grameenphone Cyclically Adjusted FCF per Share Related Terms


Grameenphone Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Grameenphone'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.

Grameenphone Cyclically Adjusted FCF per Share Chart

Grameenphone 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 19.32 22.94 25.64 28.38 30.77

Grameenphone 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 30.32 30.89 30.77 31.78 32.61

DHA:GP vs TMUS, VZ, T: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, Grameenphone'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.


Grameenphone Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Grameenphone's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


DHA:GP
93GF Score
Grameenphone Ltd DHA:GP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grameenphone 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, Grameenphone'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)
=5.871/333.9520*333.9520
=5.871

Current CPI (Jun. 2026) = 333.9520.

Grameenphone Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 8.526 241.428 11.793
201612 6.814 241.432 9.425
201703 8.837 243.801 12.105
201706 9.102 244.955 12.409
201709 7.447 246.819 10.076
201712 7.706 246.524 10.439
201803 -0.727 249.554 -0.973
201806 5.631 251.989 7.463
201809 -3.269 252.439 -4.325
201812 8.359 251.233 11.111
201903 7.152 254.202 9.396
201906 5.996 256.143 7.817
201909 12.722 256.759 16.547
201912 5.927 256.974 7.702
202003 0.911 258.115 1.179
202006 1.392 257.797 1.803
202009 10.286 260.280 13.197
202012 3.813 260.474 4.889
202103 5.943 264.877 7.493
202106 6.498 271.696 7.987
202109 10.253 274.310 12.482
202112 6.012 278.802 7.201
202203 8.860 287.504 10.291
202206 4.716 296.311 5.315
202209 11.311 296.808 12.727
202212 6.238 296.797 7.019
202303 7.045 301.836 7.795
202306 -0.721 305.109 -0.789
202309 11.279 307.789 12.238
202312 9.606 306.746 10.458
202403 7.335 312.332 7.843
202406 11.828 314.175 12.573
202409 7.095 315.301 7.515
202412 4.457 315.605 4.716
202503 11.846 319.799 12.370
202506 9.564 322.561 9.902
202509 8.645 324.800 8.889
202512 5.154 324.054 5.311
202603 8.759 330.213 8.858
202606 5.871 333.952 5.871

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 BDT32.61 mean?
Grameenphone (DHA:GP) has a Cyclically Adjusted FCF per Share of BDT32.61 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 Grameenphone and its competitors.
Is Grameenphone's Cyclically Adjusted FCF per Share too high?
Grameenphone's current Cyclically Adjusted FCF per Share is BDT32.61. Overall, Grameenphone has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grameenphone's Cyclically Adjusted FCF per Share compare to TMUS and VZ?
Grameenphone's Cyclically Adjusted FCF per Share of BDT32.61 can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication 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 Grameenphone and its competitors. Grameenphone's current Cyclically Adjusted FCF per Share is BDT32.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grameenphone stock overvalued right now?
Based on GuruFocus' analysis, Grameenphone (DHA:GP) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT288.27, compared to a current price of BDT259.00 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is BDT32.61. Grameenphone's overall GF Score™ is 93/100 with 6 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 Grameenphone (DHA:GP), the current Cyclically Adjusted FCF per Share is BDT32.61 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 Grameenphone (DHA:GP) Overvalued in 2026?

Based on GuruFocus' analysis, Grameenphone stock appears to be undervalued. The current stock price of BDT259.00 is trading 10.2% below its estimated GF Value™ of BDT288.27. GuruFocus considers Grameenphone to be Modestly Undervalued.

Key valuation signals for DHA:GP:

  • Cyclically Adjusted FCF per Share: BDT32.61
  • GF Value™: BDT288.27 vs. price of BDT259.00 (10.2% below fair value)
  • GF Score™: 93/100 with 6 warning signs

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


Grameenphone Business Description

Address GPHouse, Basundhara, Baridhara, Dhaka, BGD, 1229
Grameenphone Ltd is a mobile telecommunication operator based in Bangladesh. It provides telecommunication services, including voice, data, and other related services. The company also offers international roaming services through international roaming agreements with various operators in Asia, Europe, Australia, America, and Africa. Its product and service categories include Value-added services, Internet, Devices, Prepaid, Roaming, Digital services, Postpaid, and others.
93GF Score

Get the complete analysis for DHA:GP

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

BDT259.00
Price
BDT288.27
GF Value