Energoaparatura ENAP (FRA:68D) Cyclically Adjusted FCF per Share: €-0.01 (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:68D Energoaparatura SA ENAP FRA:68D
76 GF Score
Price €0.78
GF Value €0.88
! 4 Warning Signs
View Full Analysis

What is Energoaparatura ENAP Cyclically Adjusted FCF per Share?

Energoaparatura ENAP FRA:68D -3.13% 76 Cyclically Adjusted FCF per Share is €-0.01 as of Mar. 2026. GuruFocus rates FRA:68D with a GF Score™ of 76/100 and a GF Value™ of €0.88. The stock has 4 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.

Energoaparatura ENAP's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.114. 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 €-0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% 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 Energoaparatura ENAP was 44.20% per year. The lowest was -30.70% per year. And the median was 10.10% per year.

As of today (2026-07-17), Energoaparatura ENAP's current stock price is €0.775. Energoaparatura ENAP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.01. Energoaparatura ENAP's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Energoaparatura ENAP was 280.00. The lowest was 40.00. And the median was 65.00.


Energoaparatura ENAP  (FRA:68D) 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 Energoaparatura ENAP was 280.00. The lowest was 40.00. And the median was 65.00.


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.


Energoaparatura ENAP Cyclically Adjusted FCF per Share Related Terms


Energoaparatura ENAP Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Energoaparatura ENAP'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.

Energoaparatura ENAP Cyclically Adjusted FCF per Share Chart

Energoaparatura ENAP 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 0.01 0.01 0.01 0.00 0.01

Energoaparatura ENAP 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 0.01 0.01 0.01 -0.01

FRA:68D vs PWR, FIX, EME: Cyclically Adjusted FCF per Share Comparison

For the Engineering & Construction subindustry, Energoaparatura ENAP'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.


Energoaparatura ENAP Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Energoaparatura ENAP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:68D
76GF Score
Energoaparatura SA ENAP FRA:68D
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energoaparatura ENAP 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, Energoaparatura ENAP'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)
=-0.114/163.0700*163.0700
=-0.114

Current CPI (Mar. 2026) = 163.0700.

Energoaparatura ENAP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.019 99.552 -0.031
201609 0.021 99.064 0.035
201612 -0.025 100.366 -0.041
201703 0.024 101.018 0.039
201706 -0.008 101.180 -0.013
201709 0.008 101.343 0.013
201712 0.001 102.564 0.002
201803 -0.042 102.564 -0.067
201806 -0.044 103.378 -0.069
201809 -0.012 103.378 -0.019
201812 0.011 103.785 0.017
201903 0.029 104.274 0.045
201906 -0.035 105.983 -0.054
201909 -0.001 105.983 -0.002
201912 -0.019 107.123 -0.029
202003 0.017 109.076 0.025
202006 0.026 109.402 0.039
202009 0.029 109.320 0.043
202012 -0.020 109.565 -0.030
202103 0.002 112.658 0.003
202106 -0.095 113.960 -0.136
202109 0.038 115.588 0.054
202112 0.061 119.088 0.084
202203 -0.018 125.031 -0.023
202206 0.006 131.705 0.007
202209 -0.044 135.531 -0.053
202212 0.075 139.113 0.088
202303 0.024 145.950 0.027
202306 -0.003 147.009 -0.003
202309 0.012 146.113 0.013
202312 0.009 147.741 0.010
202403 -0.108 149.044 -0.118
202406 0.102 150.997 0.110
202409 -0.055 153.439 -0.058
202412 0.033 154.660 0.035
202503 0.009 157.021 0.009
202506 0.056 157.509 0.058
202509 0.094 158.000 0.097
202512 -0.054 158.320 -0.056
202603 -0.114 163.070 -0.114

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 €-0.01 mean?
Energoaparatura ENAP (FRA:68D) has a Cyclically Adjusted FCF per Share of €-0.01 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 Energoaparatura ENAP and its competitors.
Is Energoaparatura ENAP's Cyclically Adjusted FCF per Share too high?
Energoaparatura ENAP's current Cyclically Adjusted FCF per Share is €-0.01. Overall, Energoaparatura ENAP has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Energoaparatura ENAP's Cyclically Adjusted FCF per Share compare to PWR and FIX?
Energoaparatura ENAP's Cyclically Adjusted FCF per Share of €-0.01 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction 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 Energoaparatura ENAP and its competitors. Energoaparatura ENAP's current Cyclically Adjusted FCF per Share is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energoaparatura ENAP stock overvalued right now?
Energoaparatura ENAP (FRA:68D) has a current Cyclically Adjusted FCF per Share of €-0.01. The stock's GF Value™ is €0.88, compared to a current price of €0.78 — trading 11.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.01. Energoaparatura ENAP's overall GF Score™ is 76/100 with 4 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 Energoaparatura ENAP (FRA:68D), the current Cyclically Adjusted FCF per Share is €-0.01 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 Energoaparatura ENAP (FRA:68D) Overvalued in 2026?

Based on GuruFocus' analysis, Energoaparatura ENAP stock appears to be undervalued. The current stock price of €0.78 is trading 11.9% below its estimated GF Value™ of €0.88.

Key valuation signals for FRA:68D:

  • Cyclically Adjusted FCF per Share: €-0.01
  • GF Value™: €0.88 vs. price of €0.78 (11.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the FRA:68D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energoaparatura ENAP Business Description

Other Exchanges ENP:Poland
Address Ul.Gen. K. Pulaskiego 7, Katowice, POL, 40-273
Energoaparatura SA ENAP is engaged in specialized construction and assembly services. The company provides services in the field of electrical and power engineering as well as control and measurement equipment and automation. Its products catalog includes Device, Converters, Accessories, Relays, Sensors, Systems, Recovery Starters and others. The company generates its revenue from services construction that is installation work in the field of electrical and I and C equipment.
76GF Score

Get the complete analysis for FRA:68D

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

€0.78
Price
€0.88
GF Value