Allwyn AG (FRA:GF8) Cyclically Adjusted FCF per Share: €1.27 (As of Mar. 2026)

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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.
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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:GF8 Allwyn AG FRA:GF8
73 GF Score
Price €13.69
GF Value €20.39
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Allwyn AG Cyclically Adjusted FCF per Share?

Allwyn AG FRA:GF8 -0.80% 73 Cyclically Adjusted FCF per Share is €1.27 as of Mar. 2026. GuruFocus rates FRA:GF8 with a GF Score™ of 73/100 and a GF Value™ of €20.39 (Possible Value Trap). 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.

Allwyn AG's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.450. 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 €1.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Allwyn AG's average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.60% 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 Allwyn AG was 25.10% per year. The lowest was -13.30% per year. And the median was 11.55% per year.

As of today (2026-07-14), Allwyn AG's current stock price is €13.69. Allwyn AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.27. Allwyn AG's Cyclically Adjusted Price-to-FCF of today is 10.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Allwyn AG was 31.77. The lowest was 9.60. And the median was 16.30.


Allwyn AG  (FRA:GF8) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.69/1.27
=10.78

* 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 Allwyn AG was 31.77. The lowest was 9.60. And the median was 16.30.


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.


Allwyn AG Cyclically Adjusted FCF per Share Related Terms


Allwyn AG Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Allwyn AG'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.

Allwyn AG Cyclically Adjusted FCF per Share Chart

Allwyn AG 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 0.76 0.80 0.90 1.02 1.18

Allwyn AG 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 1.08 1.11 1.14 1.18 1.27

FRA:GF8 vs FLUT, DKNG, SGHC: Cyclically Adjusted FCF per Share Comparison

For the Gambling subindustry, Allwyn AG'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.


Allwyn AG Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Allwyn AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:GF8
73GF Score
Allwyn AG FRA:GF8
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allwyn AG 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, Allwyn AG'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)
=0.45/124.8200*124.8200
=0.450

Current CPI (Mar. 2026) = 124.8200.

Allwyn AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.039 100.121 0.049
201609 -0.076 99.878 -0.095
201612 0.102 100.110 0.127
201703 0.085 100.770 0.105
201706 0.176 101.138 0.217
201709 0.055 100.882 0.068
201712 0.152 100.762 0.188
201803 0.064 100.534 0.079
201806 0.191 102.121 0.233
201809 0.106 101.982 0.130
201812 0.272 101.330 0.335
201903 0.165 101.482 0.203
201906 0.198 101.837 0.243
201909 0.205 101.906 0.251
201912 0.200 102.120 0.244
202003 0.091 101.479 0.112
202006 0.097 100.239 0.121
202009 0.252 99.886 0.315
202012 0.062 99.751 0.078
202103 -0.063 99.817 -0.079
202106 0.438 101.270 0.540
202109 0.376 102.095 0.460
202112 0.603 104.853 0.718
202203 0.425 108.651 0.488
202206 0.348 113.517 0.383
202209 0.508 114.371 0.554
202212 0.513 112.428 0.570
202303 0.388 113.620 0.426
202306 0.432 115.515 0.467
202309 0.320 116.234 0.344
202312 0.228 116.364 0.245
202403 0.278 117.285 0.296
202406 0.508 118.129 0.537
202409 0.514 119.650 0.536
202412 0.560 119.360 0.586
202503 0.462 120.133 0.480
202506 0.384 121.399 0.395
202509 0.525 121.950 0.537
202512 0.499 122.450 0.509
202603 0.450 124.820 0.450

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 €1.27 mean?
Allwyn AG (FRA:GF8) has a Cyclically Adjusted FCF per Share of €1.27 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 Allwyn AG and its competitors.
Is Allwyn AG's Cyclically Adjusted FCF per Share too high?
Allwyn AG's current Cyclically Adjusted FCF per Share is €1.27. Overall, Allwyn AG has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allwyn AG's Cyclically Adjusted FCF per Share compare to FLUT and DKNG?
Allwyn AG's Cyclically Adjusted FCF per Share of €1.27 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted FCF per Share depends on the Travel & Leisure 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 Allwyn AG and its competitors. Allwyn AG's current Cyclically Adjusted FCF per Share is €1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allwyn AG stock overvalued right now?
Based on GuruFocus' analysis, Allwyn AG (FRA:GF8) is currently considered Possible Value Trap. The stock's GF Value™ is €20.39, compared to a current price of €13.69 — trading 32.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.27. Allwyn AG's overall GF Score™ is 73/100 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 Allwyn AG (FRA:GF8), the current Cyclically Adjusted FCF per Share is €1.27 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 Allwyn AG (FRA:GF8) Overvalued in 2026?

Based on GuruFocus' analysis, Allwyn AG stock appears to be undervalued. The current stock price of €13.69 is trading 32.9% below its estimated GF Value™ of €20.39. GuruFocus considers Allwyn AG to be Possible Value Trap.

Key valuation signals for FRA:GF8:

  • Cyclically Adjusted FCF per Share: €1.27
  • GF Value™: €20.39 vs. price of €13.69 (32.9% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the FRA:GF8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allwyn AG Business Description

Address 112 Athinon Avenue, Attica, Athens, GRC, 104 42
Allwyn AG, formerly known as OPAP Holding SA, is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, Other online games, Instant and Passives, VLTs, Telecommunication and eMoney services. It generates the majority of its revenue from the Lotteries segment. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.
73GF Score

Get the complete analysis for FRA:GF8

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

€13.69
Price
€20.39
GF Value