Adecoagro (FRA:ACD) Cyclically Adjusted FCF per Share: €0.79 (As of Jun. 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:ACD Adecoagro SA FRA:ACD
84 GF Score
Price €10.09
GF Value €9.23
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Adecoagro Cyclically Adjusted FCF per Share?

Adecoagro FRA:ACD -1.18% 84 Cyclically Adjusted FCF per Share is €0.79 as of Jun. 2026. GuruFocus rates FRA:ACD with a GF Score™ of 84/100 and a GF Value™ of €9.23 (Fairly Valued). 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.

Adecoagro's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.421. 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 €0.79 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Adecoagro's average Cyclically Adjusted FCF Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 56.30% 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 Adecoagro was 56.30% per year. The lowest was 56.30% per year. And the median was 56.30% per year.

As of today (2026-09-03), Adecoagro's current stock price is €10.09. Adecoagro's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €0.79. Adecoagro's Cyclically Adjusted Price-to-FCF of today is 12.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adecoagro was 445.00. The lowest was 8.59. And the median was 16.85.


Adecoagro  (FRA:ACD) 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.

Adecoagro's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.09/0.79
=12.77

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adecoagro was 445.00. The lowest was 8.59. And the median was 16.85.


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.


Adecoagro Cyclically Adjusted FCF per Share Related Terms


Adecoagro Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Adecoagro'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.

Adecoagro Cyclically Adjusted FCF per Share Chart

Adecoagro 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 -0.11 0.20 0.47 0.75 0.72

Adecoagro Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.70 0.70 0.72 0.70 0.79

FRA:ACD vs DMC, DOLE, VITL: Cyclically Adjusted FCF per Share Comparison

For the Farm Products subindustry, Adecoagro'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.


Adecoagro Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adecoagro's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:ACD
84GF Score
Adecoagro SA FRA:ACD
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adecoagro 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, Adecoagro's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.421/128.6000*128.6000
=0.421

Current CPI (Jun. 2026) = 128.6000.

Adecoagro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.056 100.750 -0.071
201612 1.307 101.040 1.664
201703 -0.515 101.780 -0.651
201706 0.078 102.170 0.098
201709 0.073 102.520 0.092
201712 0.579 102.410 0.727
201803 -0.472 102.900 -0.590
201806 -0.127 103.650 -0.158
201809 0.215 104.580 0.264
201812 0.431 104.320 0.531
201903 -0.719 105.140 -0.879
201906 -0.106 105.550 -0.129
201909 0.515 105.900 0.625
201912 0.736 106.080 0.892
202003 -0.149 106.040 -0.181
202006 -0.125 106.340 -0.151
202009 0.311 106.620 0.375
202012 0.506 106.670 0.610
202103 -0.599 108.140 -0.712
202106 0.382 108.680 0.452
202109 0.508 109.470 0.597
202112 0.746 111.090 0.864
202203 -0.836 114.780 -0.937
202206 0.124 116.750 0.137
202209 0.359 117.000 0.395
202212 1.621 117.060 1.781
202303 -1.159 118.910 -1.253
202306 0.294 120.460 0.314
202309 1.491 121.740 1.575
202312 1.049 121.170 1.113
202403 -1.166 122.590 -1.223
202406 0.847 123.120 0.885
202409 -0.006 123.300 -0.006
202412 1.001 122.430 1.051
202503 -0.956 124.210 -0.990
202506 0.630 125.820 0.644
202509 -0.192 126.570 -0.195
202512 0.758 126.180 0.773
202603 -0.543 127.160 -0.549
202606 0.421 128.600 0.421

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 €0.79 mean?
Adecoagro (FRA:ACD) has a Cyclically Adjusted FCF per Share of €0.79 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Adecoagro and its competitors.
Is Adecoagro's Cyclically Adjusted FCF per Share too high?
Adecoagro's current Cyclically Adjusted FCF per Share is €0.79. Overall, Adecoagro has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adecoagro's Cyclically Adjusted FCF per Share compare to DMC and DOLE?
Adecoagro's Cyclically Adjusted FCF per Share of €0.79 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Adecoagro and its competitors. Adecoagro's current Cyclically Adjusted FCF per Share is €0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecoagro stock overvalued right now?
Based on GuruFocus' analysis, Adecoagro (FRA:ACD) is currently considered Fairly Valued. The stock's GF Value™ is €9.23, compared to a current price of €10.09 — trading 9.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.79. Adecoagro's overall GF Score™ is 84/100 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 Adecoagro (FRA:ACD), the current Cyclically Adjusted FCF per Share is €0.79 as of Jun. 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 Adecoagro (FRA:ACD) Overvalued in 2026?

Based on GuruFocus' analysis, Adecoagro stock appears to be overvalued. The current stock price of €10.09 is trading 9.3% above its estimated GF Value™ of €9.23. GuruFocus considers Adecoagro to be Fairly Valued.

Key valuation signals for FRA:ACD:

  • Cyclically Adjusted FCF per Share: €0.79
  • GF Value™: €9.23 vs. price of €10.09 (9.3% above fair value)
  • GF Score™: 84/100 with 7 warning signs

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


Adecoagro Business Description

Address 28, Boulevard F.W, Raiffeisen, LUX, L-2411
Adecoagro SA is a Luxembourg-based agricultural company. It is involved in a wide range of businesses, including farming crops and other agricultural products, dairy operations sugar, ethanol, energy production, and land transformation. The group operates in two lines of business, namely, Farming and Sugar, Ethanol and Energy. The Farming is further comprised of three reportable segments: Crops, Rice and Dairy. Sugar, Ethanol and Energy Segment, consists of cultivating sugarcane, which is processed in owned sugar mills, transformed into ethanol, sugar and electricity, in addition to biomethane and then marketed.
84GF Score

Get the complete analysis for FRA:ACD

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

€10.09
Price
€9.23
GF Value