Stride (FRA:0AJ) Cyclically Adjusted FCF per Share: €2.62 (As of Mar. 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.

FRA:0AJ Stride Inc FRA:0AJ
80 GF Score
Price €72.00
GF Value €78.68
Valuation Fairly Valued
View Full Analysis

What is Stride Cyclically Adjusted FCF per Share?

Stride FRA:0AJ -14.79% 80 Cyclically Adjusted FCF per Share is €2.62 as of Mar. 2026. GuruFocus rates FRA:0AJ with a GF Score™ of 80/100 and a GF Value™ of €78.68 (Fairly Valued).

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.

Stride's adjusted free cash flow per share for the three months ended in Mar. 2026 was €3.819. 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 €2.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Stride's average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.00% 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 Stride was 21.70% per year. The lowest was 8.30% per year. And the median was 14.40% per year.

As of today (2026-08-01), Stride's current stock price is €72.00. Stride's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.62. Stride's Cyclically Adjusted Price-to-FCF of today is 27.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stride was 60.90. The lowest was 13.56. And the median was 24.88.


Stride  (FRA:0AJ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=72.00/2.62
=27.48

* 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 Stride was 60.90. The lowest was 13.56. And the median was 24.88.


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.


Stride Cyclically Adjusted FCF per Share Related Terms


Stride Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Stride'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.

Stride Cyclically Adjusted FCF per Share Chart

Stride Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.81 1.94 2.21 2.56

Stride 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 2.40 2.56 2.32 2.40 2.62

FRA:0AJ vs LOPE, CVSA, LAUR: Cyclically Adjusted FCF per Share Comparison

For the Education & Training Services subindustry, Stride'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.


Stride Cyclically Adjusted Price-to-FCF vs Education Industry

For the Education industry and Consumer Defensive sector, Stride's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:0AJ
80GF Score
Stride Inc FRA:0AJ
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stride 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, Stride'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)
=3.819/330.2130*330.2130
=3.819

Current CPI (Mar. 2026) = 330.2130.

Stride Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.868 241.018 1.189
201609 -1.737 241.428 -2.376
201612 1.467 241.432 2.006
201703 0.424 243.801 0.574
201706 0.785 244.955 1.058
201709 -1.586 246.819 -2.122
201712 1.023 246.524 1.370
201803 0.929 249.554 1.229
201806 0.856 251.989 1.122
201809 -1.490 252.439 -1.949
201812 1.405 251.233 1.847
201903 0.826 254.202 1.073
201906 1.189 256.143 1.533
201909 -2.399 256.759 -3.085
201912 1.266 256.974 1.627
202003 0.336 258.115 0.430
202006 1.467 257.797 1.879
202009 -2.562 260.280 -3.250
202012 0.476 260.474 0.603
202103 1.607 264.877 2.003
202106 2.070 271.696 2.516
202109 -3.078 274.310 -3.705
202112 2.229 278.802 2.640
202203 1.608 287.504 1.847
202206 2.343 296.311 2.611
202209 -3.841 296.808 -4.273
202212 3.271 296.797 3.639
202303 1.527 301.836 1.671
202306 1.705 305.109 1.845
202309 -3.302 307.789 -3.543
202312 3.389 306.746 3.648
202403 1.101 312.332 1.164
202406 3.291 314.175 3.459
202409 -3.232 315.301 -3.385
202412 4.196 315.605 4.390
202503 0.702 319.799 0.725
202506 4.894 322.561 5.010
202509 -3.764 324.800 -3.827
202512 1.383 324.054 1.409
202603 3.819 330.213 3.819

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 €2.62 mean?
Stride (FRA:0AJ) has a Cyclically Adjusted FCF per Share of €2.62 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 Stride and its competitors.
Is Stride's Cyclically Adjusted FCF per Share too high?
Stride's current Cyclically Adjusted FCF per Share is €2.62. Overall, Stride has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stride's Cyclically Adjusted FCF per Share compare to LOPE and CVSA?
Stride's Cyclically Adjusted FCF per Share of €2.62 can be compared against companies in the Education 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 Education company?
A good Cyclically Adjusted FCF per Share depends on the Education 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 Stride and its competitors. Stride's current Cyclically Adjusted FCF per Share is €2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stride stock overvalued right now?
Based on GuruFocus' analysis, Stride (FRA:0AJ) is currently considered Fairly Valued. The stock's GF Value™ is €78.68, compared to a current price of €72.00 — trading 8.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.62. Stride's overall GF Score™ is 80/100. 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 Stride (FRA:0AJ), the current Cyclically Adjusted FCF per Share is €2.62 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 Stride (FRA:0AJ) Overvalued in 2026?

Based on GuruFocus' analysis, Stride stock appears to be undervalued. The current stock price of €72.00 is trading 8.5% below its estimated GF Value™ of €78.68. GuruFocus considers Stride to be Fairly Valued.

Key valuation signals for FRA:0AJ:

  • Cyclically Adjusted FCF per Share: €2.62
  • GF Value™: €78.68 vs. price of €72.00 (8.5% below fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the FRA:0AJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stride Business Description

Address 11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional and Private Pay Schools and Other.
80GF Score

Get the complete analysis for FRA:0AJ

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

€72.00
Price
€78.68
GF Value