Ennis (EBF) Cyclically Adjusted FCF per Share: $2.35 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

EBF Ennis Inc EBF
75 GF Score
Price $22.07
GF Value $19.75
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ennis Cyclically Adjusted FCF per Share?

Ennis EBF -1.03% 75 Cyclically Adjusted FCF per Share is $2.35 as of May. 2026. GuruFocus rates EBF with a GF Score™ of 75/100 and a GF Value™ of $19.75 (Modestly Overvalued). 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.

Ennis's adjusted free cash flow per share for the three months ended in May. 2026 was $0.818. 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 $2.35 for the trailing ten years ended in May. 2026.

During the past 12 months, Ennis's average Cyclically Adjusted FCF Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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 Ennis was 27.20% per year. The lowest was -17.40% per year. And the median was 1.70% per year.

As of today (2026-08-10), Ennis's current stock price is $22.07. Ennis's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was $2.35. Ennis's Cyclically Adjusted Price-to-FCF of today is 9.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ennis was 12.41. The lowest was 7.11. And the median was 9.30.


Ennis  (NYSE:EBF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.07/2.35
=9.39

* 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 Ennis was 12.41. The lowest was 7.11. And the median was 9.30.


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.


Ennis Cyclically Adjusted FCF per Share Related Terms


Ennis Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ennis'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.

Ennis Cyclically Adjusted FCF per Share Chart

Ennis Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 2.35 2.53 2.50 2.29

Ennis Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.40 2.30 2.27 2.29 2.35

EBF vs ACTG, ACCO, XRX: Cyclically Adjusted FCF per Share Comparison

For the Business Equipment & Supplies subindustry, Ennis'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.


Ennis Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ennis's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


EBF
75GF Score
Ennis Inc EBF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.818/335.1230*335.1230
=0.818

Current CPI (May. 2026) = 335.1230.

Ennis Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 0.522 240.849 0.726
201611 0.487 241.353 0.676
201702 0.594 243.603 0.817
201705 0.457 244.733 0.626
201708 0.235 245.519 0.321
201711 0.557 246.669 0.757
201802 0.428 248.991 0.576
201805 0.421 251.588 0.561
201808 0.429 252.146 0.570
201811 0.427 252.038 0.568
201902 0.522 252.776 0.692
201905 0.571 256.092 0.747
201908 0.435 256.558 0.568
201911 0.596 257.208 0.777
202002 0.466 258.678 0.604
202005 0.528 256.394 0.690
202008 0.506 259.918 0.652
202011 0.438 260.229 0.564
202102 0.419 263.014 0.534
202105 0.428 269.195 0.533
202108 0.429 273.567 0.526
202111 0.298 277.948 0.359
202202 0.538 283.716 0.635
202205 0.511 292.296 0.586
202208 0.261 296.171 0.295
202211 0.413 297.711 0.465
202302 0.451 300.840 0.502
202305 0.755 304.127 0.832
202308 0.445 307.026 0.486
202311 0.629 307.051 0.687
202402 0.578 310.326 0.624
202405 0.784 314.069 0.837
202408 0.412 314.796 0.439
202411 0.672 315.493 0.714
202502 0.427 319.082 0.448
202505 0.253 321.465 0.264
202508 0.350 323.976 0.362
202511 0.616 324.122 0.637
202602 0.381 326.785 0.391
202605 0.818 335.123 0.818

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 $2.35 mean?
Ennis (EBF) has a Cyclically Adjusted FCF per Share of $2.35 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ennis and its competitors.
Is Ennis' Cyclically Adjusted FCF per Share too high?
Ennis' current Cyclically Adjusted FCF per Share is $2.35. Overall, Ennis has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ennis' Cyclically Adjusted FCF per Share compare to ACTG and ACCO?
Ennis' Cyclically Adjusted FCF per Share of $2.35 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 Ennis and its competitors. Ennis's current Cyclically Adjusted FCF per Share is $2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ennis stock overvalued right now?
Based on GuruFocus' analysis, Ennis (EBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.75, compared to a current price of $22.07 — trading 11.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $2.35. Ennis' overall GF Score™ is 75/100 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 Ennis (EBF), the current Cyclically Adjusted FCF per Share is $2.35 as of May. 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 Ennis (EBF) Overvalued in 2026?

Based on GuruFocus' analysis, Ennis stock appears to be overvalued. The current stock price of $22.07 is trading 11.7% above its estimated GF Value™ of $19.75. GuruFocus considers Ennis to be Modestly Overvalued.

Key valuation signals for EBF:

  • Cyclically Adjusted FCF per Share: $2.35
  • GF Value™: $19.75 vs. price of $22.07 (11.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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


Ennis Business Description

Address 2441 Presidential Parkway, Midlothian, TX, USA, 76065
Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialties, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging. Its products include snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure-sensitive products in short, medium and long runs under the following labels: Ennis, Royal Business Forms, Block Graphics, 360 Custom LabelsSM, ColorWorx, Enfusion, among others. The company's single reportable segment : Print derives its operating revenues from the manufacturing of mostly custom or semi-custom printed products sold mostly to independent distributors in the United States.
75GF Score

Get the complete analysis for EBF

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

$22.07
Price
$19.75
GF Value