IGM Financial (FRA:C7G) Cyclically Adjusted FCF per Share: €2.12 (As of Mar. 2026)

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FRA:C7G IGM Financial Inc FRA:C7G
84 GF Score
Price €53.00
GF Value €31.81
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IGM Financial Cyclically Adjusted FCF per Share?

IGM Financial FRA:C7G -1.85% 84 Cyclically Adjusted FCF per Share is €2.12 as of Mar. 2026. GuruFocus rates FRA:C7G with a GF Score™ of 84/100 and a GF Value™ of €31.81 (Significantly Overvalued). The stock has 9 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.

IGM Financial's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.326. 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 €2.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IGM Financial's average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% 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 IGM Financial was 12.70% per year. The lowest was 0.70% per year. And the median was 3.50% per year.

As of today (2026-07-20), IGM Financial's current stock price is €53.00. IGM Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.12. IGM Financial's Cyclically Adjusted Price-to-FCF of today is 25.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IGM Financial was 23.91. The lowest was 7.65. And the median was 13.09.


IGM Financial  (FRA:C7G) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=53.00/2.12
=25.00

* 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 IGM Financial was 23.91. The lowest was 7.65. And the median was 13.09.


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.


IGM Financial Cyclically Adjusted FCF per Share Related Terms


IGM Financial Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for IGM Financial'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.

IGM Financial Cyclically Adjusted FCF per Share Chart

IGM Financial 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 2.08 2.11 2.13 2.20 2.14

IGM Financial 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 2.09 2.07 2.09 2.14 2.12

FRA:C7G vs BLK, BX, KKR: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, IGM Financial'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.


IGM Financial Cyclically Adjusted Price-to-FCF vs Asset Management Industry

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

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


FRA:C7G
84GF Score
IGM Financial Inc FRA:C7G
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Financial 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, IGM Financial'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)
=0.326/132.2623*132.2623
=0.326

Current CPI (Mar. 2026) = 132.2623.

IGM Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.603 102.002 0.782
201609 0.597 101.765 0.776
201612 0.612 101.449 0.798
201703 0.298 102.634 0.384
201706 0.441 103.029 0.566
201709 0.475 103.345 0.608
201712 0.486 103.345 0.622
201803 0.235 105.004 0.296
201806 0.571 105.557 0.715
201809 0.622 105.636 0.779
201812 0.543 105.399 0.681
201903 0.037 106.979 0.046
201906 0.629 107.690 0.773
201909 0.648 107.611 0.796
201912 0.472 107.769 0.579
202003 0.208 107.927 0.255
202006 0.555 108.401 0.677
202009 0.402 108.164 0.492
202012 0.542 108.559 0.660
202103 0.080 110.298 0.096
202106 0.613 111.720 0.726
202109 0.876 112.905 1.026
202112 0.856 113.774 0.995
202203 0.113 117.646 0.127
202206 0.589 120.806 0.645
202209 0.639 120.648 0.701
202212 0.477 120.964 0.522
202303 0.244 122.702 0.263
202306 0.710 124.203 0.756
202309 0.526 125.230 0.556
202312 0.497 125.072 0.526
202403 0.321 126.258 0.336
202406 0.814 127.522 0.844
202409 0.867 127.285 0.901
202412 0.753 127.364 0.782
202503 0.134 129.181 0.137
202506 0.677 129.892 0.689
202509 0.784 130.287 0.796
202512 0.810 130.366 0.822
202603 0.326 132.262 0.326

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 €2.12 mean?
IGM Financial (FRA:C7G) has a Cyclically Adjusted FCF per Share of €2.12 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 IGM Financial and its competitors.
Is IGM Financial's Cyclically Adjusted FCF per Share too high?
IGM Financial's current Cyclically Adjusted FCF per Share is €2.12. Overall, IGM Financial has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Cyclically Adjusted FCF per Share compare to BLK and BX?
IGM Financial's Cyclically Adjusted FCF per Share of €2.12 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 IGM Financial and its competitors. IGM Financial's current Cyclically Adjusted FCF per Share is €2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
Based on GuruFocus' analysis, IGM Financial (FRA:C7G) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.81, compared to a current price of €53.00 — trading 66.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.12. IGM Financial's overall GF Score™ is 84/100 with 9 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 IGM Financial (FRA:C7G), the current Cyclically Adjusted FCF per Share is €2.12 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 IGM Financial (FRA:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €53.00 is trading 66.6% above its estimated GF Value™ of €31.81. GuruFocus considers IGM Financial to be Significantly Overvalued.

Key valuation signals for FRA:C7G:

  • Cyclically Adjusted FCF per Share: €2.12
  • GF Value™: €31.81 vs. price of €53.00 (66.6% above fair value)
  • GF Score™: 84/100 with 9 warning signs

No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
84GF Score

Get the complete analysis for FRA:C7G

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

€53.00
Price
€31.81
GF Value