Walker & Dunlop (FRA:5WD) Cyclically Adjusted FCF per Share: €-0.64 (As of Mar. 2026)


FRA:5WD Walker & Dunlop Inc FRA:5WD
61 GF Score
Price €45.40
GF Value €85.92
Valuation Possible Value Trap
! 10 Warning Signs
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What is Walker & Dunlop Cyclically Adjusted FCF per Share?

Walker & Dunlop FRA:5WD -4.22% 61 Cyclically Adjusted FCF per Share is €-0.64 as of Mar. 2026. GuruFocus rates FRA:5WD with a GF Score™ of 61/100 and a GF Value™ of €85.92 (Possible Value Trap). The stock has 10 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.

Walker & Dunlop's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-29.664. 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 €-0.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Walker & Dunlop's average Cyclically Adjusted FCF Growth Rate was -110.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.70% 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 Walker & Dunlop was 17.70% per year. The lowest was 17.70% per year. And the median was 17.70% per year.

As of today (2026-07-08), Walker & Dunlop's current stock price is €45.40. Walker & Dunlop's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.64. Walker & Dunlop's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Walker & Dunlop was 164.78. The lowest was 3.80. And the median was 22.57.


Walker & Dunlop  (FRA:5WD) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Walker & Dunlop was 164.78. The lowest was 3.80. And the median was 22.57.


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.


Walker & Dunlop Cyclically Adjusted FCF per Share Related Terms


Walker & Dunlop Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Walker & Dunlop'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.

Walker & Dunlop Cyclically Adjusted FCF per Share Chart

Walker & Dunlop 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 -1.92 6.51 3.53 6.90 9.60

Walker & Dunlop 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 6.64 4.06 2.46 9.60 -0.64

FRA:5WD vs UWMC, VEL, LDI: Cyclically Adjusted FCF per Share Comparison

For the Mortgage Finance subindustry, Walker & Dunlop'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.


Walker & Dunlop Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Walker & Dunlop's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:5WD
61GF Score
Walker & Dunlop Inc FRA:5WD
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Walker & Dunlop 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, Walker & Dunlop'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)
=-29.664/330.2130*330.2130
=-29.664

Current CPI (Mar. 2026) = 330.2130.

Walker & Dunlop Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -47.048 241.018 -64.459
201609 27.567 241.428 37.705
201612 -16.654 241.432 -22.778
201703 18.792 243.801 25.453
201706 -6.245 244.955 -8.419
201709 -45.469 246.819 -60.832
201712 65.984 246.524 88.384
201803 4.599 249.554 6.085
201806 -11.736 251.989 -15.379
201809 -22.888 252.439 -29.940
201812 32.508 251.233 42.728
201903 -3.946 254.202 -5.126
201906 -0.742 256.143 -0.957
201909 1.929 256.759 2.481
201912 15.081 256.974 19.379
202003 -8.522 258.115 -10.902
202006 -15.273 257.797 -19.563
202009 -40.293 260.280 -51.119
202012 23.196 260.474 29.406
202103 35.288 264.877 43.992
202106 -14.773 271.696 -17.955
202109 -25.885 274.310 -31.160
202112 29.390 278.802 34.810
202203 26.729 287.504 30.700
202206 -3.419 296.311 -3.810
202209 -41.119 296.808 -45.747
202212 58.884 296.797 65.514
202303 -15.631 301.836 -17.101
202306 -9.590 305.109 -10.379
202309 15.502 307.789 16.631
202312 9.175 306.746 9.877
202403 0.979 312.332 1.035
202406 -6.772 314.175 -7.118
202409 -5.535 315.301 -5.797
202412 15.143 315.605 15.844
202503 -7.910 319.799 -8.168
202506 -6.262 322.561 -6.411
202509 -24.247 324.800 -24.651
202512 20.349 324.054 20.736
202603 -29.664 330.213 -29.664

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 €-0.64 mean?
Walker & Dunlop (FRA:5WD) has a Cyclically Adjusted FCF per Share of €-0.64 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 Walker & Dunlop and its competitors.
Is Walker & Dunlop's Cyclically Adjusted FCF per Share too high?
Walker & Dunlop's current Cyclically Adjusted FCF per Share is €-0.64. Overall, Walker & Dunlop has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Walker & Dunlop's Cyclically Adjusted FCF per Share compare to UWMC and VEL?
Walker & Dunlop's Cyclically Adjusted FCF per Share of €-0.64 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks 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 Walker & Dunlop and its competitors. Walker & Dunlop's current Cyclically Adjusted FCF per Share is €-0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walker & Dunlop stock overvalued right now?
Based on GuruFocus' analysis, Walker & Dunlop (FRA:5WD) is currently considered Possible Value Trap. The stock's GF Value™ is €85.92, compared to a current price of €45.40 — trading 47.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.64. Walker & Dunlop's overall GF Score™ is 61/100 with 10 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 Walker & Dunlop (FRA:5WD), the current Cyclically Adjusted FCF per Share is €-0.64 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 Walker & Dunlop (FRA:5WD) Overvalued in 2026?

Based on GuruFocus' analysis, Walker & Dunlop stock appears to be undervalued. The current stock price of €45.40 is trading 47.2% below its estimated GF Value™ of €85.92. GuruFocus considers Walker & Dunlop to be Possible Value Trap.

Key valuation signals for FRA:5WD:

  • Cyclically Adjusted FCF per Share: €-0.64
  • GF Value™: €85.92 vs. price of €45.40 (47.2% below fair value)
  • GF Score™: 61/100 with 10 warning signs

No single metric tells the full story. See the FRA:5WD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Walker & Dunlop Business Description

Other Exchanges WD:USA0A8P:UK
Address 7272 Wisconsin Avenue, Suite 1300, Bethesda, MD, USA, 20814
Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling, and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company is managed based on three reportable segments: Capital Markets (CM), Servicing & Asset Management (SAM), and Corporate. The company generates a majority of its total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.
61GF Score

Get the complete analysis for FRA:5WD

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

€45.40
Price
€85.92
GF Value