Safi Silver (FRA:6XU) Cyclically Adjusted FCF per Share: €-0.48 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:6XU Safi Silver Corp FRA:6XU
49 GF Score
Price €0.18
GF Value €4.29
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Safi Silver Cyclically Adjusted FCF per Share?

Safi Silver FRA:6XU 49 Cyclically Adjusted FCF per Share is €-0.48 as of Mar. 2026. GuruFocus rates FRA:6XU with a GF Score™ of 49/100 and a GF Value™ of €4.29 (Significantly Undervalued). The stock has 1 warning sign 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.

Safi Silver's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.021. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Safi Silver was 68.00% per year. The lowest was -86.10% per year. And the median was 17.10% per year.

As of today (2026-08-09), Safi Silver's current stock price is €0.18. Safi Silver's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.48. Safi Silver's Cyclically Adjusted Price-to-FCF of today is .


Safi Silver  (FRA:6XU) 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.


Safi Silver Cyclically Adjusted FCF per Share Related Terms


Safi Silver Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Safi Silver'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.

Safi Silver Cyclically Adjusted FCF per Share Chart

Safi Silver Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.32 -0.44 -0.39 -0.34 -0.48

Safi Silver 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 -0.34 -0.47 -0.48 -0.41 -0.48

FRA:6XU vs EXK: Cyclically Adjusted FCF per Share Comparison

For the Silver subindustry, Safi Silver'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.


Safi Silver Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Safi Silver's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:6XU
49GF Score
Safi Silver Corp FRA:6XU
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safi Silver 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, Safi Silver'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)
=0.021/132.2623*132.2623
=0.021

Current CPI (Mar. 2026) = 132.2623.

Safi Silver Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.127 102.002 -0.165
201609 -0.056 101.765 -0.073
201612 -0.092 101.449 -0.120
201703 -0.099 102.634 -0.128
201706 -0.124 103.029 -0.159
201709 -0.213 103.345 -0.273
201712 -0.041 103.345 -0.052
201803 -0.094 105.004 -0.118
201806 -0.082 105.557 -0.103
201809 -0.043 105.636 -0.054
201812 -0.053 105.399 -0.067
201903 -0.124 106.979 -0.153
201906 -0.040 107.690 -0.049
201909 -0.035 107.611 -0.043
201912 -0.018 107.769 -0.022
202003 -0.035 107.927 -0.043
202006 -0.016 108.401 -0.020
202009 -0.012 108.164 -0.015
202012 -0.053 108.559 -0.065
202103 -0.038 110.298 -0.046
202106 -0.030 111.720 -0.036
202109 -0.084 112.905 -0.098
202112 0.000 113.774 0.000
202203 -0.461 117.646 -0.518
202206 -0.130 120.806 -0.142
202209 -0.009 120.648 -0.010
202212 -0.156 120.964 -0.171
202303 -0.093 122.702 -0.100
202306 -0.183 124.203 -0.195
202309 -0.200 125.230 -0.211
202312 -0.460 125.072 -0.486
202403 0.385 126.258 0.403
202406 -0.006 127.522 -0.006
202409 -0.006 127.285 -0.006
202412 -0.013 127.364 -0.013
202503 0.023 129.181 0.024
202506 -1.904 129.892 -1.939
202509 -0.039 130.287 -0.040
202512 0.055 130.366 0.056
202603 0.021 132.262 0.021

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?
Safi Silver (FRA:6XU) 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 Safi Silver and its competitors.
Is Safi Silver's Cyclically Adjusted FCF per Share too high?
Safi Silver's current Cyclically Adjusted FCF per Share is €-0.48. Overall, Safi Silver has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safi Silver's Cyclically Adjusted FCF per Share compare to EXK?
Safi Silver's Cyclically Adjusted FCF per Share of €-0.48 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 Safi Silver and its competitors. Safi Silver'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 Safi Silver stock overvalued right now?
Based on GuruFocus' analysis, Safi Silver (FRA:6XU) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.29, compared to a current price of €0.18 — trading 95.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.48. Safi Silver's overall GF Score™ is 49/100 with 1 warning sign 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 Safi Silver (FRA:6XU), 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 Safi Silver (FRA:6XU) Overvalued in 2026?

Based on GuruFocus' analysis, Safi Silver stock appears to be undervalued. The current stock price of €0.18 is trading 95.8% below its estimated GF Value™ of €4.29. GuruFocus considers Safi Silver to be Significantly Undervalued.

Key valuation signals for FRA:6XU:

  • Cyclically Adjusted FCF per Share: €-0.48
  • GF Value™: €4.29 vs. price of €0.18 (95.8% below fair value)
  • GF Score™: 49/100 with 1 warning sign

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


Safi Silver Business Description

Other Exchanges PNTZF:USASF:Canada
Address 658 Lansdowne Avenue, Toronto, ON, CAN, M6H 3Y8
Safi Silver Corp is a Canadian exploration company with its core focus on polymetallic silver holdings in southern Morocco. Its project Portfolio includes the Addana Project, the Silver Hill Project, and the Kalahari Copper Project.
49GF Score

Get the complete analysis for FRA:6XU

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

€0.18
Price
€4.29
GF Value