Hamilton Lane (FRA:1M0) Cyclically Adjusted FCF per Share: €4.55 (As of Jun. 2026)

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FRA:1M0 Hamilton Lane Inc FRA:1M0
81 GF Score
Price €88.00
GF Value €142.74
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Hamilton Lane Cyclically Adjusted FCF per Share?

Hamilton Lane FRA:1M0 -1.12% 81 Cyclically Adjusted FCF per Share is €4.55 as of Jun. 2026. GuruFocus rates FRA:1M0 with a GF Score™ of 81/100 and a GF Value™ of €142.74 (Significantly Undervalued). The stock has 1 warning sign 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.

Hamilton Lane's adjusted free cash flow per share for the three months ended in Jun. 2026 was €1.211. 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 €4.55 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hamilton Lane's average Cyclically Adjusted FCF Growth Rate was 6.30% 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.

As of today (2026-08-14), Hamilton Lane's current stock price is €88.00. Hamilton Lane's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €4.55. Hamilton Lane's Cyclically Adjusted Price-to-FCF of today is 19.34.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hamilton Lane was 33.74. The lowest was 14.04. And the median was 24.19.


Hamilton Lane  (FRA:1M0) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=88.00/4.55
=19.34

* 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 Hamilton Lane was 33.74. The lowest was 14.04. And the median was 24.19.


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.


Hamilton Lane Cyclically Adjusted FCF per Share Related Terms


Hamilton Lane Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hamilton Lane'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.

Hamilton Lane Cyclically Adjusted FCF per Share Chart

Hamilton Lane Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.68 4.71

Hamilton Lane 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 4.49 4.53 4.61 4.71 4.55

FRA:1M0 vs UTG, STEP, AB: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Hamilton Lane'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.


Hamilton Lane Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hamilton Lane's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:1M0
81GF Score
Hamilton Lane Inc FRA:1M0
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamilton Lane 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, Hamilton Lane'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)
=1.211/333.9520*333.9520
=1.211

Current CPI (Jun. 2026) = 333.9520.

Hamilton Lane Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.413 241.428 1.955
201612 1.819 241.432 2.516
201703 0.172 243.801 0.236
201706 1.389 244.955 1.894
201709 1.497 246.819 2.025
201712 1.497 246.524 2.028
201803 0.010 249.554 0.013
201806 1.370 251.989 1.816
201809 1.230 252.439 1.627
201812 1.111 251.233 1.477
201903 0.142 254.202 0.187
201906 1.069 256.143 1.394
201909 1.059 256.759 1.377
201912 1.275 256.974 1.657
202003 0.104 258.115 0.135
202006 1.355 257.797 1.755
202009 1.049 260.280 1.346
202012 1.200 260.474 1.539
202103 0.726 264.877 0.915
202106 0.640 271.696 0.787
202109 1.155 274.310 1.406
202112 1.111 278.802 1.331
202203 0.276 287.504 0.321
202206 1.044 296.311 1.177
202209 1.769 296.808 1.990
202212 0.996 296.797 1.121
202303 0.204 301.836 0.226
202306 0.936 305.109 1.024
202309 1.298 307.789 1.408
202312 -0.673 306.746 -0.733
202403 0.344 312.332 0.368
202406 1.345 314.175 1.430
202409 1.926 315.301 2.040
202412 1.031 315.605 1.091
202503 0.762 319.799 0.796
202506 2.031 322.561 2.103
202509 1.842 324.800 1.894
202512 1.136 324.054 1.171
202603 1.608 330.213 1.626
202606 1.211 333.952 1.211

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 €4.55 mean?
Hamilton Lane (FRA:1M0) has a Cyclically Adjusted FCF per Share of €4.55 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 Hamilton Lane and its competitors.
Is Hamilton Lane's Cyclically Adjusted FCF per Share too high?
Hamilton Lane's current Cyclically Adjusted FCF per Share is €4.55. Overall, Hamilton Lane has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Lane's Cyclically Adjusted FCF per Share compare to UTG and STEP?
Hamilton Lane's Cyclically Adjusted FCF per Share of €4.55 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset Management 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 Hamilton Lane and its competitors. Hamilton Lane's current Cyclically Adjusted FCF per Share is €4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Lane stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Lane (FRA:1M0) is currently considered Significantly Undervalued. The stock's GF Value™ is €142.74, compared to a current price of €88.00 — trading 38.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €4.55. Hamilton Lane's overall GF Score™ is 81/100 with 1 warning sign 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 Hamilton Lane (FRA:1M0), the current Cyclically Adjusted FCF per Share is €4.55 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 Hamilton Lane (FRA:1M0) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Lane stock appears to be undervalued. The current stock price of €88.00 is trading 38.3% below its estimated GF Value™ of €142.74. GuruFocus considers Hamilton Lane to be Significantly Undervalued.

Key valuation signals for FRA:1M0:

  • Cyclically Adjusted FCF per Share: €4.55
  • GF Value™: €142.74 vs. price of €88.00 (38.3% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the FRA:1M0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Lane Business Description

Other Exchanges HLNE:USA1M0:Germany
Address 110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private markets investment firm globally, providing solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 750 professionals operating in offices throughout North America, Europe, Asia Pacific, and the Middle East. It has approximately $986 billion in assets under management and supervision, composed of nearly $141 billion in discretionary assets and more than $845 billion in non-discretionary assets. The group specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors, and geographies.
81GF Score

Get the complete analysis for FRA:1M0

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

€88.00
Price
€142.74
GF Value