Carlyle Secured Lending (FRA:6JR) Cyclically Adjusted FCF per Share: €-0.49 (As of Mar. 2026)

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FRA:6JR Carlyle Secured Lending Inc FRA:6JR
50 GF Score
Price €8.86
GF Value €16.54
Valuation Possible Value Trap
! 7 Warning Signs
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What is Carlyle Secured Lending Cyclically Adjusted FCF per Share?

Carlyle Secured Lending FRA:6JR +2.72% 50 Cyclically Adjusted FCF per Share is €-0.49 as of Mar. 2026. GuruFocus rates FRA:6JR with a GF Score™ of 50/100 and a GF Value™ of €16.54 (Possible Value Trap). The stock has 7 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.

Carlyle Secured Lending's adjusted free cash flow per share for the three months ended in Mar. 2026 was €2.591. 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 €-0.49 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 38.70% 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 Carlyle Secured Lending was 38.70% per year. The lowest was 38.70% per year. And the median was 38.70% per year.

As of today (2026-08-05), Carlyle Secured Lending's current stock price is €8.86. Carlyle Secured Lending's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.49. Carlyle Secured Lending's Cyclically Adjusted Price-to-FCF of today is .


Carlyle Secured Lending  (FRA:6JR) 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.


Carlyle Secured Lending Cyclically Adjusted FCF per Share Related Terms


Carlyle Secured Lending Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Carlyle Secured Lending'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.

Carlyle Secured Lending Cyclically Adjusted FCF per Share Chart

Carlyle Secured Lending 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 -4.42 -3.66 -2.27 -0.96

Carlyle Secured Lending 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 -1.60 -1.39 -1.11 -0.96 -0.49

FRA:6JR vs BIT, PFN, JQC: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Carlyle Secured Lending'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.


Carlyle Secured Lending Cyclically Adjusted Price-to-FCF vs Asset Management Industry

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

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


FRA:6JR
50GF Score
Carlyle Secured Lending Inc FRA:6JR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlyle Secured Lending 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, Carlyle Secured Lending'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)
=2.591/330.2130*330.2130
=2.591

Current CPI (Mar. 2026) = 330.2130.

Carlyle Secured Lending Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -1.745 241.018 -2.391
201609 -3.089 241.428 -4.225
201612 -1.593 241.432 -2.179
201703 0.884 243.801 1.197
201706 -4.812 244.955 -6.487
201709 -3.040 246.819 -4.067
201712 0.398 246.524 0.533
201803 0.940 249.554 1.244
201806 -0.708 251.989 -0.928
201809 -0.475 252.439 -0.621
201812 0.600 251.233 0.789
201903 -2.056 254.202 -2.671
201906 1.078 256.143 1.390
201909 -0.842 256.759 -1.083
201912 0.505 256.974 0.649
202003 -0.162 258.115 -0.207
202006 2.423 257.797 3.104
202009 -0.097 260.280 -0.123
202012 2.349 260.474 2.978
202103 0.449 264.877 0.560
202106 -0.031 271.696 -0.038
202109 -0.697 274.310 -0.839
202112 1.415 278.802 1.676
202203 0.793 287.504 0.911
202206 -1.598 296.311 -1.781
202209 1.276 296.808 1.420
202212 -0.332 296.797 -0.369
202303 0.424 301.836 0.464
202306 1.672 305.109 1.810
202309 0.958 307.789 1.028
202312 0.908 306.746 0.977
202403 1.323 312.332 1.399
202406 1.178 314.175 1.238
202409 1.004 315.301 1.051
202412 -1.874 315.605 -1.961
202503 2.352 319.799 2.429
202506 -2.746 322.561 -2.811
202509 0.395 324.800 0.402
202512 -1.795 324.054 -1.829
202603 2.591 330.213 2.591

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 €-0.49 mean?
Carlyle Secured Lending (FRA:6JR) has a Cyclically Adjusted FCF per Share of €-0.49 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 Carlyle Secured Lending and its competitors.
Is Carlyle Secured Lending's Cyclically Adjusted FCF per Share too high?
Carlyle Secured Lending's current Cyclically Adjusted FCF per Share is €-0.49. Overall, Carlyle Secured Lending has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Carlyle Secured Lending's Cyclically Adjusted FCF per Share compare to BIT and PFN?
Carlyle Secured Lending's Cyclically Adjusted FCF per Share of €-0.49 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 Carlyle Secured Lending and its competitors. Carlyle Secured Lending's current Cyclically Adjusted FCF per Share is €-0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlyle Secured Lending stock overvalued right now?
Based on GuruFocus' analysis, Carlyle Secured Lending (FRA:6JR) is currently considered Possible Value Trap. The stock's GF Value™ is €16.54, compared to a current price of €8.86 — trading 46.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.49. Carlyle Secured Lending's overall GF Score™ is 50/100 with 7 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 Carlyle Secured Lending (FRA:6JR), the current Cyclically Adjusted FCF per Share is €-0.49 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 Carlyle Secured Lending (FRA:6JR) Overvalued in 2026?

Based on GuruFocus' analysis, Carlyle Secured Lending stock appears to be undervalued. The current stock price of €8.86 is trading 46.4% below its estimated GF Value™ of €16.54. GuruFocus considers Carlyle Secured Lending to be Possible Value Trap.

Key valuation signals for FRA:6JR:

  • Cyclically Adjusted FCF per Share: €-0.49
  • GF Value™: €16.54 vs. price of €8.86 (46.4% below fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the FRA:6JR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlyle Secured Lending Business Description

Other Exchanges CGBD:USA
Address One Vanderbilt Avenue, Suite 3400, New York, NY, USA, 10017
Carlyle Secured Lending Inc is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. It focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies located in the United States. The company's investment objective is to generate current income and capital appreciation through debt investments in U.S. middle-market companies.
50GF Score

Get the complete analysis for FRA:6JR

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

€8.86
Price
€16.54
GF Value