Tactile Systems Technology (FRA:3L3) Cyclically Adjusted FCF per Share: €0.48 (As of Mar. 2026)

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FRA:3L3 Tactile Systems Technology Inc FRA:3L3
76 GF Score
Price €25.30
GF Value €16.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tactile Systems Technology Cyclically Adjusted FCF per Share?

Tactile Systems Technology FRA:3L3 +2.18% 76 Cyclically Adjusted FCF per Share is €0.48 as of Mar. 2026. GuruFocus rates FRA:3L3 with a GF Score™ of 76/100 and a GF Value™ of €16.18 (Significantly Overvalued). The stock has 3 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.

Tactile Systems Technology's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.045. 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 €0.48 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 (2026-07-20), Tactile Systems Technology's current stock price is €25.30. Tactile Systems Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.48. Tactile Systems Technology's Cyclically Adjusted Price-to-FCF of today is 52.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tactile Systems Technology was 61.06. The lowest was 20.70. And the median was 46.59.


Tactile Systems Technology  (FRA:3L3) 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.

Tactile Systems Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.30/0.48
=52.71

* 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 Tactile Systems Technology was 61.06. The lowest was 20.70. And the median was 46.59.


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.


Tactile Systems Technology Cyclically Adjusted FCF per Share Related Terms


Tactile Systems Technology Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tactile Systems Technology'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.

Tactile Systems Technology Cyclically Adjusted FCF per Share Chart

Tactile Systems Technology 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 0.35 0.47

Tactile Systems Technology 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 0.00 0.41 0.42 0.47 0.48

FRA:3L3 vs SSII, BVS, BBNX: Cyclically Adjusted FCF per Share Comparison

For the Medical Devices subindustry, Tactile Systems Technology'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.


Tactile Systems Technology Cyclically Adjusted Price-to-FCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:3L3
76GF Score
Tactile Systems Technology Inc FRA:3L3
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tactile Systems Technology 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, Tactile Systems Technology'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)
=-0.045/330.2130*330.2130
=-0.045

Current CPI (Mar. 2026) = 330.2130.

Tactile Systems Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.071 241.018 0.097
201609 0.219 241.428 0.300
201612 0.135 241.432 0.185
201703 -0.057 243.801 -0.077
201706 -0.167 244.955 -0.225
201709 0.114 246.819 0.153
201712 0.104 246.524 0.139
201803 -0.117 249.554 -0.155
201806 -0.062 251.989 -0.081
201809 0.186 252.439 0.243
201812 -0.036 251.233 -0.047
201903 0.023 254.202 0.030
201906 -0.068 256.143 -0.088
201909 -0.046 256.759 -0.059
201912 -0.067 256.974 -0.086
202003 0.024 258.115 0.031
202006 -0.425 257.797 -0.544
202009 0.203 260.280 0.258
202012 0.192 260.474 0.243
202103 -0.048 264.877 -0.060
202106 -0.064 271.696 -0.078
202109 -0.074 274.310 -0.089
202112 0.208 278.802 0.246
202203 -0.154 287.504 -0.177
202206 0.098 296.311 0.109
202209 0.041 296.808 0.046
202212 0.177 296.797 0.197
202303 -0.035 301.836 -0.038
202306 0.516 305.109 0.558
202309 0.145 307.789 0.156
202312 0.673 306.746 0.724
202403 0.016 312.332 0.017
202406 0.486 314.175 0.511
202409 0.345 315.301 0.361
202412 0.621 315.605 0.650
202503 0.000 319.799 0.000
202506 0.536 322.561 0.549
202509 0.348 324.800 0.354
202512 0.614 324.054 0.626
202603 -0.045 330.213 -0.045

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 €0.48 mean?
Tactile Systems Technology (FRA:3L3) has a Cyclically Adjusted FCF per Share of €0.48 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 Tactile Systems Technology and its competitors.
Is Tactile Systems Technology's Cyclically Adjusted FCF per Share too high?
Tactile Systems Technology's current Cyclically Adjusted FCF per Share is €0.48. Overall, Tactile Systems Technology has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tactile Systems Technology's Cyclically Adjusted FCF per Share compare to SSII and BVS?
Tactile Systems Technology's Cyclically Adjusted FCF per Share of €0.48 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted FCF per Share depends on the Medical Devices & Instruments 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 Tactile Systems Technology and its competitors. Tactile Systems Technology's current Cyclically Adjusted FCF per Share is €0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactile Systems Technology stock overvalued right now?
Based on GuruFocus' analysis, Tactile Systems Technology (FRA:3L3) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.18, compared to a current price of €25.30 — trading 56.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.48. Tactile Systems Technology's overall GF Score™ is 76/100 with 3 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 Tactile Systems Technology (FRA:3L3), the current Cyclically Adjusted FCF per Share is €0.48 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 Tactile Systems Technology (FRA:3L3) Overvalued in 2026?

Based on GuruFocus' analysis, Tactile Systems Technology stock appears to be overvalued. The current stock price of €25.30 is trading 56.4% above its estimated GF Value™ of €16.18. GuruFocus considers Tactile Systems Technology to be Significantly Overvalued.

Key valuation signals for FRA:3L3:

  • Cyclically Adjusted FCF per Share: €0.48
  • GF Value™: €16.18 vs. price of €25.30 (56.4% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA:3L3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tactile Systems Technology Business Description

Other Exchanges TCMD:USA3L3:Germany
Address 3701 Wayzata Boulevard, Suite 300, Minneapolis, MN, USA, 55416
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system, provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
76GF Score

Get the complete analysis for FRA:3L3

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

€25.30
Price
€16.18
GF Value