Farmland Partners (FRA:0FA) Cyclically Adjusted FCF per Share: €0.33 (As of Mar. 2026)

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FRA:0FA Farmland Partners Inc FRA:0FA
69 GF Score
Price €8.45
GF Value €9.55
Valuation Fairly Valued
! 5 Warning Signs
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What is Farmland Partners Cyclically Adjusted FCF per Share?

Farmland Partners FRA:0FA +2.92% 69 Cyclically Adjusted FCF per Share is €0.33 as of Mar. 2026. GuruFocus rates FRA:0FA with a GF Score™ of 69/100 and a GF Value™ of €9.55 (Fairly Valued). 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.

Farmland Partners's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.165. 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 €0.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Farmland Partners's average Cyclically Adjusted FCF Growth Rate was -17.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.70% 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 Farmland Partners was -6.70% per year. The lowest was -6.70% per year. And the median was -6.70% per year.

As of today (2026-07-18), Farmland Partners's current stock price is €8.45. Farmland Partners's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.33. Farmland Partners's Cyclically Adjusted Price-to-FCF of today is 25.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Farmland Partners was 30.33. The lowest was 16.67. And the median was 21.97.


Farmland Partners  (FRA:0FA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.45/0.33
=25.61

* 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 Farmland Partners was 30.33. The lowest was 16.67. And the median was 21.97.


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.


Farmland Partners Cyclically Adjusted FCF per Share Related Terms


Farmland Partners Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Farmland Partners'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.

Farmland Partners Cyclically Adjusted FCF per Share Chart

Farmland Partners 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 0.00 0.48 0.53 0.49 0.35

Farmland Partners 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 0.43 0.32 0.34 0.35 0.33

FRA:0FA vs LAND, NLCP, SELF: Cyclically Adjusted FCF per Share Comparison

For the REIT - Specialty subindustry, Farmland Partners'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.


Farmland Partners Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


FRA:0FA
69GF Score
Farmland Partners Inc FRA:0FA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Farmland Partners 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, Farmland Partners'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)
=0.165/330.2130*330.2130
=0.165

Current CPI (Mar. 2026) = 330.2130.

Farmland Partners Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.058 241.018 -0.079
201609 -0.088 241.428 -0.120
201612 0.091 241.432 0.124
201703 -0.091 243.801 -0.123
201706 0.025 244.955 0.034
201709 -0.043 246.819 -0.058
201712 0.112 246.524 0.150
201803 0.370 249.554 0.490
201806 -0.026 251.989 -0.034
201809 -0.013 252.439 -0.017
201812 0.181 251.233 0.238
201903 0.398 254.202 0.517
201906 -0.031 256.143 -0.040
201909 -0.159 256.759 -0.204
201912 0.334 256.974 0.429
202003 0.394 258.115 0.504
202006 -0.087 257.797 -0.111
202009 0.005 260.280 0.006
202012 0.268 260.474 0.340
202103 0.315 264.877 0.393
202106 -0.085 271.696 -0.103
202109 -0.182 274.310 -0.219
202112 0.132 278.802 0.156
202203 0.204 287.504 0.234
202206 -0.035 296.311 -0.039
202209 0.006 296.808 0.007
202212 0.145 296.797 0.161
202303 0.274 301.836 0.300
202306 -0.101 305.109 -0.109
202309 -0.071 307.789 -0.076
202312 0.082 306.746 0.088
202403 0.229 312.332 0.242
202406 -0.118 314.175 -0.124
202409 -0.081 315.301 -0.085
202412 0.173 315.605 0.181
202503 0.129 319.799 0.133
202506 -0.035 322.561 -0.036
202509 -0.039 324.800 -0.040
202512 0.183 324.054 0.186
202603 0.165 330.213 0.165

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 €0.33 mean?
Farmland Partners (FRA:0FA) has a Cyclically Adjusted FCF per Share of €0.33 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 Farmland Partners and its competitors.
Is Farmland Partners' Cyclically Adjusted FCF per Share too high?
Farmland Partners' current Cyclically Adjusted FCF per Share is €0.33. Overall, Farmland Partners has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Cyclically Adjusted FCF per Share compare to LAND and NLCP?
Farmland Partners' Cyclically Adjusted FCF per Share of €0.33 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 Farmland Partners and its competitors. Farmland Partners's current Cyclically Adjusted FCF per Share is €0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FRA:0FA) is currently considered Fairly Valued. The stock's GF Value™ is €9.55, compared to a current price of €8.45 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.33. Farmland Partners' overall GF Score™ is 69/100 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 Farmland Partners (FRA:0FA), the current Cyclically Adjusted FCF per Share is €0.33 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 Farmland Partners (FRA:0FA) Overvalued in 2026?

Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued. The current stock price of €8.45 is trading 11.5% below its estimated GF Value™ of €9.55. GuruFocus considers Farmland Partners to be Fairly Valued.

Key valuation signals for FRA:0FA:

  • Cyclically Adjusted FCF per Share: €0.33
  • GF Value™: €9.55 vs. price of €8.45 (11.5% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Farmland Partners Business Description

Industry Real EstateREITs
Other Exchanges FPI:USA0FA:Germany
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
69GF Score

Get the complete analysis for FRA:0FA

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

€8.45
Price
€9.55
GF Value