Boxlight (FRA:2IU2) Cyclically Adjusted FCF per Share: €-429.42 (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:2IU2 Boxlight Corp FRA:2IU2
35 GF Score
Price €16.27
GF Value €89.83
! 5 Warning Signs
View Full Analysis

What is Boxlight Cyclically Adjusted FCF per Share?

Boxlight FRA:2IU2 35 Cyclically Adjusted FCF per Share is €-429.42 as of Mar. 2026. GuruFocus rates FRA:2IU2 with a GF Score™ of 35/100 and a GF Value™ of €89.83. 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.

Boxlight's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-8.702. 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 €-429.42 for the trailing ten years ended in Mar. 2026.

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 (2026-08-09), Boxlight's current stock price is €16.272. Boxlight's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-429.42. Boxlight's Cyclically Adjusted Price-to-FCF of today is .


Boxlight  (FRA:2IU2) 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.


Boxlight Cyclically Adjusted FCF per Share Related Terms


Boxlight Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Boxlight'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.

Boxlight Cyclically Adjusted FCF per Share Chart

Boxlight 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 0.00 0.00 -179.58 -310.06

Boxlight 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 -173.80 -162.74 -137.91 -310.06 -429.42

FRA:2IU2 vs GMEX, CAPC, RIME: Cyclically Adjusted FCF per Share Comparison

For the Consumer Electronics subindustry, Boxlight'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.


Boxlight Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Boxlight's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:2IU2
35GF Score
Boxlight Corp FRA:2IU2
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boxlight 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, Boxlight'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)
=-8.702/330.2130*330.2130
=-8.702

Current CPI (Mar. 2026) = 330.2130.

Boxlight Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 19.286 241.018 26.423
201609 31.571 241.428 43.181
201612 296.000 241.432 404.847
201703 -15.143 243.801 -20.510
201706 -279.714 244.955 -377.070
201709 205.714 246.819 275.220
201712 -90.143 246.524 -120.744
201803 -237.571 249.554 -314.357
201806 -32.143 251.989 -42.121
201809 -180.429 252.439 -236.017
201812 1.571 251.233 2.065
201903 71.429 254.202 92.788
201906 -577.571 256.143 -744.590
201909 -295.429 256.759 -379.946
201912 227.000 256.974 291.696
202003 -89.444 258.115 -114.428
202006 -393.917 257.797 -504.570
202009 -22.032 260.280 -27.952
202012 52.270 260.474 66.265
202103 -35.447 264.877 -44.191
202106 -62.575 271.696 -76.052
202109 -162.489 274.310 -195.603
202112 218.302 278.802 258.557
202203 -120.044 287.504 -137.877
202206 -32.630 296.311 -36.363
202209 115.258 296.808 128.230
202212 9.865 296.797 10.976
202303 -35.635 301.836 -38.985
202306 33.615 305.109 36.381
202309 143.302 307.789 153.742
202312 38.830 306.746 41.801
202403 -39.796 312.332 -42.074
202406 -92.630 314.175 -97.359
202409 87.673 315.301 91.819
202412 24.709 315.605 25.853
202503 -63.514 319.799 -65.582
202506 14.587 322.561 14.933
202509 11.479 324.800 11.670
202512 -5.509 324.054 -5.614
202603 -8.702 330.213 -8.702

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 €-429.42 mean?
Boxlight (FRA:2IU2) has a Cyclically Adjusted FCF per Share of €-429.42 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 Boxlight and its competitors.
Is Boxlight's Cyclically Adjusted FCF per Share too high?
Boxlight's current Cyclically Adjusted FCF per Share is €-429.42. Overall, Boxlight has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Boxlight's Cyclically Adjusted FCF per Share compare to GMEX and CAPC?
Boxlight's Cyclically Adjusted FCF per Share of €-429.42 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Boxlight and its competitors. Boxlight's current Cyclically Adjusted FCF per Share is €-429.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxlight stock overvalued right now?
Boxlight (FRA:2IU2) has a current Cyclically Adjusted FCF per Share of €-429.42. The stock's GF Value™ is €89.83, compared to a current price of €16.27 — trading 81.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-429.42. Boxlight's overall GF Score™ is 35/100 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 Boxlight (FRA:2IU2), the current Cyclically Adjusted FCF per Share is €-429.42 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 Boxlight (FRA:2IU2) Overvalued in 2026?

Based on GuruFocus' analysis, Boxlight stock appears to be undervalued. The current stock price of €16.27 is trading 81.9% below its estimated GF Value™ of €89.83.

Key valuation signals for FRA:2IU2:

  • Cyclically Adjusted FCF per Share: €-429.42
  • GF Value™: €89.83 vs. price of €16.27 (81.9% below fair value)
  • GF Score™: 35/100 with 5 warning signs

No single metric tells the full story. See the FRA:2IU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boxlight Business Description

Other Exchanges BOXL:USA
Address 2750 Premiere Parkway, No. 900, Duluth, GA, USA, 30097
Boxlight Corp is a technology company that develops, sells, and services interactive solutions predominantly for the education market but also for the corporate and government sectors. The company currently designs, produces, and distributes interactive technologies, including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras, and other peripherals for the education market and non-interactive solutions, including flat-panels, LED video walls, and digital signage for the enterprise market. It has three reportable segments - Europe, Middle East and Africa (EMEA), and North and Central America (Americas). The majority of revenue is derived from the sale of education technology products in the EMEA segment.
35GF Score

Get the complete analysis for FRA:2IU2

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

€16.27
Price
€89.83
GF Value