Balco Group AB (FRA:B9C) Cyclically Adjusted FCF per Share: €0.19 (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:B9C Balco Group AB FRA:B9C
58 GF Score
Price €1.27
GF Value €3.22
! 6 Warning Signs
View Full Analysis

What is Balco Group AB Cyclically Adjusted FCF per Share?

Balco Group AB FRA:B9C -2.32% 58 Cyclically Adjusted FCF per Share is €0.19 as of Jun. 2026. GuruFocus rates FRA:B9C with a GF Score™ of 58/100 and a GF Value™ of €3.22. The stock has 6 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.

Balco Group AB's adjusted free cash flow per share for the three months ended in Jun. 2026 was €-0.349. 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 €0.19 for the trailing ten years ended in Jun. 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.

As of today (2026-07-31), Balco Group AB's current stock price is €1.265. Balco Group AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €0.19. Balco Group AB's Cyclically Adjusted Price-to-FCF of today is 6.66.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Balco Group AB was 6.70. The lowest was 6.43. And the median was 6.60.


Balco Group AB  (FRA:B9C) 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.

Balco Group AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.265/0.19
=6.66

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Balco Group AB was 6.70. The lowest was 6.43. And the median was 6.60.


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.


Balco Group AB Cyclically Adjusted FCF per Share Related Terms


Balco Group AB Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Balco Group AB'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.

Balco Group AB Cyclically Adjusted FCF per Share Chart

Balco Group AB 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 0.00 0.00 0.00 0.00

Balco Group AB 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 0.00 0.00 0.00 0.00 0.19

FRA:B9C vs DHI, PHM, LEN: Cyclically Adjusted FCF per Share Comparison

For the Residential Construction subindustry, Balco Group AB'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.


Balco Group AB Cyclically Adjusted Price-to-FCF vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Balco Group AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:B9C
58GF Score
Balco Group AB FRA:B9C
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balco Group AB 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, Balco Group AB'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)
=-0.349/134.1100*134.1100
=-0.349

Current CPI (Jun. 2026) = 134.1100.

Balco Group AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 100.225 0.000
201512 0.000 100.276 0.000
201606 0.181 101.019 0.240
201612 0.000 102.022 0.000
201706 0.054 102.752 0.070
201712 0.000 103.793 0.000
201803 -0.181 103.962 -0.233
201806 0.056 104.875 0.072
201809 0.100 105.679 0.127
201812 0.028 105.912 0.035
201903 -0.142 105.886 -0.180
201906 0.161 106.742 0.202
201909 -0.033 107.214 -0.041
201912 0.384 107.766 0.478
202003 -0.094 106.563 -0.118
202006 0.297 107.498 0.371
202009 0.092 107.635 0.115
202012 0.130 108.296 0.161
202103 -0.013 108.360 -0.016
202106 -0.182 108.928 -0.224
202109 0.063 110.338 0.077
202112 0.326 112.486 0.389
202203 -0.190 114.825 -0.222
202206 0.035 118.384 0.040
202209 0.338 122.296 0.371
202212 0.343 126.365 0.364
202303 -0.160 127.042 -0.169
202306 -0.073 129.407 -0.076
202309 0.015 130.224 0.015
202312 0.058 131.912 0.059
202403 0.042 132.205 0.043
202406 0.144 132.716 0.146
202409 -0.083 132.304 -0.084
202412 0.172 132.987 0.173
202503 -0.199 132.825 -0.201
202506 -0.233 133.699 -0.234
202509 -0.038 133.480 -0.038
202512 0.467 133.390 0.470
202603 0.076 133.560 0.076
202606 -0.349 134.110 -0.349

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 €0.19 mean?
Balco Group AB (FRA:B9C) has a Cyclically Adjusted FCF per Share of €0.19 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 Balco Group AB and its competitors.
Is Balco Group AB's Cyclically Adjusted FCF per Share too high?
Balco Group AB's current Cyclically Adjusted FCF per Share is €0.19. Overall, Balco Group AB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Balco Group AB's Cyclically Adjusted FCF per Share compare to DHI and PHM?
Balco Group AB's Cyclically Adjusted FCF per Share of €0.19 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good Cyclically Adjusted FCF per Share depends on the Homebuilding & 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 Balco Group AB and its competitors. Balco Group AB's current Cyclically Adjusted FCF per Share is €0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balco Group AB stock overvalued right now?
Balco Group AB (FRA:B9C) has a current Cyclically Adjusted FCF per Share of €0.19. The stock's GF Value™ is €3.22, compared to a current price of €1.27 — trading 60.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.19. Balco Group AB's overall GF Score™ is 58/100 with 6 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 Balco Group AB (FRA:B9C), the current Cyclically Adjusted FCF per Share is €0.19 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 Balco Group AB (FRA:B9C) Overvalued in 2026?

Based on GuruFocus' analysis, Balco Group AB stock appears to be undervalued. The current stock price of €1.27 is trading 60.7% below its estimated GF Value™ of €3.22.

Key valuation signals for FRA:B9C:

  • Cyclically Adjusted FCF per Share: €0.19
  • GF Value™: €3.22 vs. price of €1.27 (60.7% below fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the FRA:B9C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balco Group AB Business Description

Other Exchanges BALCO:Sweden0RUW:UK
Address Algvagen 4, Vaxjo, SWE, 352 45
Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes the Renovation segment, including the replacement and extension of existing balconies and the installation of new balconies, mainly glazed on apartment buildings. The New Build segment includes balconies in the construction of apartment buildings and balcony projects in the maritime market. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden.
58GF Score

Get the complete analysis for FRA:B9C

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

€1.27
Price
€3.22
GF Value