Outdoor Holding Co (FRA:92P) Cyclically Adjusted FCF per Share: €-0.12 (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:92P Outdoor Holding Co FRA:92P
51 GF Score
Price €2.04
GF Value €1.83
! 4 Warning Signs
View Full Analysis

What is Outdoor Holding Co Cyclically Adjusted FCF per Share?

Outdoor Holding Co FRA:92P -3.77% 51 Cyclically Adjusted FCF per Share is €-0.12 as of Mar. 2026. GuruFocus rates FRA:92P with a GF Score™ of 51/100 and a GF Value™ of €1.83. 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.

Outdoor Holding Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.014. 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 €-0.12 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 Outdoor Holding Co was 11.20% per year. The lowest was -34.40% per year. And the median was -9.40% per year.

As of today (2026-07-15), Outdoor Holding Co's current stock price is €2.04. Outdoor Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.12. Outdoor Holding Co's Cyclically Adjusted Price-to-FCF of today is .


Outdoor Holding Co  (FRA:92P) 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.


Outdoor Holding Co Cyclically Adjusted FCF per Share Related Terms


Outdoor Holding Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Outdoor Holding Co'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.

Outdoor Holding Co Cyclically Adjusted FCF per Share Chart

Outdoor Holding Co Annual Data
Trend Dec16 Dec17 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 -0.18 -0.16 -0.13 -0.12 -0.12

Outdoor Holding Co 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 -0.12 -0.13 -0.12 -0.12 -0.12

FRA:92P vs BUKS, FJET, SIDU: Cyclically Adjusted FCF per Share Comparison

For the Aerospace & Defense subindustry, Outdoor Holding Co'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.


Outdoor Holding Co Cyclically Adjusted Price-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Outdoor Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Outdoor Holding Co's Cyclically Adjusted Price-to-FCF falls into.


FRA:92P
51GF Score
Outdoor Holding Co FRA:92P
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Outdoor Holding Co 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, Outdoor Holding Co'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)
=-0.014/330.2130*330.2130
=-0.014

Current CPI (Mar. 2026) = 330.2130.

Outdoor Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.002 241.018 -0.003
201609 0.000 241.428 0.000
201612 -0.026 241.432 -0.036
201703 -0.042 243.801 -0.057
201706 -0.046 244.955 -0.062
201709 -0.014 246.819 -0.019
201712 -0.061 246.524 -0.082
201803 -0.090 249.554 -0.119
201806 -0.066 251.989 -0.086
201809 -0.061 252.439 -0.080
201812 -0.056 251.233 -0.074
201903 -0.065 254.202 -0.084
201906 -0.040 256.143 -0.052
201909 -0.028 256.759 -0.036
201912 -0.001 256.974 -0.001
202003 -0.046 258.115 -0.059
202006 -0.043 257.797 -0.055
202009 -0.067 260.280 -0.085
202012 -0.064 260.474 -0.081
202103 -0.129 264.877 -0.161
202106 0.054 271.696 0.066
202109 -0.471 274.310 -0.567
202112 0.027 278.802 0.032
202203 0.279 287.504 0.320
202206 0.000 296.311 0.000
202209 0.081 296.808 0.090
202212 -0.012 296.797 -0.013
202303 0.164 301.836 0.179
202306 0.092 305.109 0.100
202309 0.031 307.789 0.033
202312 0.056 306.746 0.060
202403 -0.061 312.332 -0.064
202406 0.001 314.175 0.001
202409 -0.008 315.301 -0.008
202412 -0.042 315.605 -0.044
202503 -0.019 319.799 -0.020
202506 -0.056 322.561 -0.057
202509 0.018 324.800 0.018
202512 0.035 324.054 0.036
202603 -0.014 330.213 -0.014

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 €-0.12 mean?
Outdoor Holding Co (FRA:92P) has a Cyclically Adjusted FCF per Share of €-0.12 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 Outdoor Holding Co and its competitors.
Is Outdoor Holding Co's Cyclically Adjusted FCF per Share too high?
Outdoor Holding Co's current Cyclically Adjusted FCF per Share is €-0.12. Overall, Outdoor Holding Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Outdoor Holding Co's Cyclically Adjusted FCF per Share compare to BUKS and FJET?
Outdoor Holding Co's Cyclically Adjusted FCF per Share of €-0.12 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Cyclically Adjusted FCF per Share depends on the Aerospace & Defense 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 Outdoor Holding Co and its competitors. Outdoor Holding Co's current Cyclically Adjusted FCF per Share is €-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outdoor Holding Co stock overvalued right now?
Outdoor Holding Co (FRA:92P) has a current Cyclically Adjusted FCF per Share of €-0.12. The stock's GF Value™ is €1.83, compared to a current price of €2.04 — trading 11.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.12. Outdoor Holding Co's overall GF Score™ is 51/100 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 Outdoor Holding Co (FRA:92P), the current Cyclically Adjusted FCF per Share is €-0.12 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 Outdoor Holding Co (FRA:92P) Overvalued in 2026?

Based on GuruFocus' analysis, Outdoor Holding Co stock appears to be overvalued. The current stock price of €2.04 is trading 11.5% above its estimated GF Value™ of €1.83.

Key valuation signals for FRA:92P:

  • Cyclically Adjusted FCF per Share: €-0.12
  • GF Value™: €1.83 vs. price of €2.04 (11.5% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the FRA:92P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Outdoor Holding Co Business Description

Other Exchanges POWW:USA92P:Germany
Address 7681 East Gray Road, Scottsdale, AZ, USA, 85260
Outdoor Holding Co Formerly AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.
51GF Score

Get the complete analysis for FRA:92P

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

€2.04
Price
€1.83
GF Value