EGO (Eldorado Gold) Cyclically Adjusted FCF per Share: $-0.62 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

EGO Eldorado Gold Corp EGO
76 GF Score
Price $41.76
GF Value $28.78
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Eldorado Gold Cyclically Adjusted FCF per Share?

Eldorado Gold EGO +7.88% 76 Cyclically Adjusted FCF per Share is $-0.62 as of Jun. 2026. GuruFocus rates EGO with a GF Score™ of 76/100 and a GF Value™ of $28.78 (Significantly Overvalued). The stock has 2 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.

Eldorado Gold's adjusted free cash flow per share for the three months ended in Jun. 2026 was $-1.260. 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 $-0.62 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -19.10% 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 Eldorado Gold was 66.50% per year. The lowest was -100.00% per year. And the median was 8.25% per year.

As of today (2026-08-19), Eldorado Gold's current stock price is $41.76. Eldorado Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $-0.62. Eldorado Gold's Cyclically Adjusted Price-to-FCF of today is .


Eldorado Gold  (NYSE:EGO) 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.


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.


Eldorado Gold Cyclically Adjusted FCF per Share Related Terms


Eldorado Gold Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Eldorado Gold'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.

Eldorado Gold Cyclically Adjusted FCF per Share Chart

Eldorado Gold 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 -0.73 -0.69 -0.65 -0.51 -0.51

Eldorado Gold 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 -0.56 -0.56 -0.51 -0.55 -0.62

EGO vs NEM, AU: Cyclically Adjusted FCF per Share Comparison

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


EGO
76GF Score
Eldorado Gold Corp EGO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado Gold 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, Eldorado Gold'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)
=-1.26/133.5265*133.5265
=-1.260

Current CPI (Jun. 2026) = 133.5265.

Eldorado Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.179 101.765 -0.235
201612 -0.295 101.449 -0.388
201703 -0.182 102.634 -0.237
201706 -0.716 103.029 -0.928
201709 -0.629 103.345 -0.813
201712 -0.571 103.345 -0.738
201803 -0.278 105.004 -0.354
201806 -0.217 105.557 -0.274
201809 -0.291 105.636 -0.368
201812 -0.560 105.399 -0.709
201903 -0.420 106.979 -0.524
201906 -0.005 107.690 -0.006
201909 0.102 107.611 0.127
201912 -0.009 107.769 -0.011
202003 0.077 107.927 0.095
202006 0.360 108.401 0.443
202009 0.698 108.164 0.862
202012 0.335 108.559 0.412
202103 0.164 110.298 0.199
202106 -0.117 111.720 -0.140
202109 0.225 112.905 0.266
202112 0.170 113.774 0.200
202203 -0.092 117.646 -0.104
202206 -0.306 120.806 -0.338
202209 -0.117 120.648 -0.129
202212 0.085 120.964 0.094
202303 -0.168 122.702 -0.183
202306 -0.059 124.203 -0.063
202309 -0.033 125.230 -0.035
202312 0.101 125.072 0.108
202403 -0.125 126.258 -0.132
202406 -0.103 127.522 -0.108
202409 0.056 127.285 0.059
202412 0.320 127.364 0.335
202503 -0.162 129.181 -0.167
202506 -0.159 129.892 -0.163
202509 -0.360 130.287 -0.369
202512 -0.124 130.366 -0.127
202603 -0.869 132.262 -0.877
202606 -1.260 133.527 -1.260

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 $-0.62 mean?
Eldorado Gold (EGO) has a Cyclically Adjusted FCF per Share of $-0.62 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 Eldorado Gold and its competitors.
Is Eldorado Gold's Cyclically Adjusted FCF per Share too high?
Eldorado Gold's current Cyclically Adjusted FCF per Share is $-0.62. Overall, Eldorado Gold has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Cyclically Adjusted FCF per Share compare to NEM and AU?
Eldorado Gold's Cyclically Adjusted FCF per Share of $-0.62 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 Eldorado Gold and its competitors. Eldorado Gold's current Cyclically Adjusted FCF per Share is $-0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.78, compared to a current price of $41.76 — trading 45.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $-0.62. Eldorado Gold's overall GF Score™ is 76/100 with 2 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 Eldorado Gold (EGO), the current Cyclically Adjusted FCF per Share is $-0.62 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 Eldorado Gold (EGO) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued. The current stock price of $41.76 is trading 45.1% above its estimated GF Value™ of $28.78. GuruFocus considers Eldorado Gold to be Significantly Overvalued.

Key valuation signals for EGO:

  • Cyclically Adjusted FCF per Share: $-0.62
  • GF Value™: $28.78 vs. price of $41.76 (45.1% above fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Eldorado Gold Business Description

Other Exchanges ELO1:GermanyELD:Canada
Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
76GF Score

Get the complete analysis for EGO

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

$41.76
Price
$28.78
GF Value