GN Store Nord AS (FRA:GNN) Cyclically Adjusted FCF per Share: €1.15 (As of Mar. 2026)

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FRA:GNN GN Store Nord AS FRA:GNN
75 GF Score
Price €12.17
GF Value €15.58
Valuation Modestly Undervalued
! 6 Warning Signs
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What is GN Store Nord AS Cyclically Adjusted FCF per Share?

GN Store Nord AS FRA:GNN -1.26% 75 Cyclically Adjusted FCF per Share is €1.15 as of Mar. 2026. GuruFocus rates FRA:GNN with a GF Score™ of 75/100 and a GF Value™ of €15.58 (Modestly Undervalued). 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.

GN Store Nord AS's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.020. 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 €1.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GN Store Nord AS's average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.10% 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 GN Store Nord AS was 15.70% per year. The lowest was -2.70% per year. And the median was 4.35% per year.

As of today (2026-07-23), GN Store Nord AS's current stock price is €12.17. GN Store Nord AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.15. GN Store Nord AS's Cyclically Adjusted Price-to-FCF of today is 10.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GN Store Nord AS was 71.81. The lowest was 10.19. And the median was 38.03.


GN Store Nord AS  (FRA:GNN) 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.

GN Store Nord AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.17/1.15
=10.58

* 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 GN Store Nord AS was 71.81. The lowest was 10.19. And the median was 38.03.


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.


GN Store Nord AS Cyclically Adjusted FCF per Share Related Terms


GN Store Nord AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for GN Store Nord AS'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.

GN Store Nord AS Cyclically Adjusted FCF per Share Chart

GN Store Nord AS 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 1.18 0.92 1.02 1.08 1.13

GN Store Nord AS 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 1.07 1.09 1.09 1.13 1.15

FRA:GNN vs ABT, SYK, MDT: Cyclically Adjusted FCF per Share Comparison

For the Medical Devices subindustry, GN Store Nord AS'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.


GN Store Nord AS Cyclically Adjusted Price-to-FCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where GN Store Nord AS's Cyclically Adjusted Price-to-FCF falls into.


FRA:GNN
75GF Score
GN Store Nord AS FRA:GNN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GN Store Nord AS 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, GN Store Nord AS'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)
=-0.02/121.6800*121.6800
=-0.020

Current CPI (Mar. 2026) = 121.6800.

GN Store Nord AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.377 100.600 0.456
201609 0.317 100.200 0.385
201612 0.324 100.300 0.393
201703 0.122 101.200 0.147
201706 0.353 101.200 0.424
201709 0.361 101.800 0.431
201712 0.324 101.300 0.389
201803 0.223 101.700 0.267
201806 0.443 102.300 0.527
201809 0.344 102.400 0.409
201812 0.321 102.100 0.383
201903 0.000 102.900 0.000
201906 0.463 102.900 0.548
201909 0.499 102.900 0.590
201912 0.317 102.900 0.375
202003 -0.160 103.300 -0.188
202006 0.528 103.200 0.623
202009 0.821 103.500 0.965
202012 0.995 103.400 1.171
202103 -0.009 104.300 -0.010
202106 0.561 105.000 0.650
202109 0.279 105.800 0.321
202112 -0.232 106.600 -0.265
202203 -0.570 109.900 -0.631
202206 -0.190 113.600 -0.204
202209 -0.239 116.400 -0.250
202212 -0.092 115.900 -0.097
202303 -0.562 117.300 -0.583
202306 0.679 116.400 0.710
202309 0.267 117.400 0.277
202312 0.700 116.700 0.730
202403 0.158 118.400 0.162
202406 0.160 118.500 0.164
202409 0.748 118.900 0.765
202412 0.149 118.900 0.152
202503 -0.303 120.200 -0.307
202506 0.284 120.700 0.286
202509 0.388 121.600 0.388
202512 0.674 121.200 0.677
202603 -0.020 121.680 -0.020

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 €1.15 mean?
GN Store Nord AS (FRA:GNN) has a Cyclically Adjusted FCF per Share of €1.15 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 GN Store Nord AS and its competitors.
Is GN Store Nord AS's Cyclically Adjusted FCF per Share too high?
GN Store Nord AS's current Cyclically Adjusted FCF per Share is €1.15. Overall, GN Store Nord AS has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Cyclically Adjusted FCF per Share compare to ABT and SYK?
GN Store Nord AS's Cyclically Adjusted FCF per Share of €1.15 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted FCF per Share depends on the Medical Devices & Instruments 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 GN Store Nord AS and its competitors. GN Store Nord AS's current Cyclically Adjusted FCF per Share is €1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (FRA:GNN) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.58, compared to a current price of €12.17 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.15. GN Store Nord AS's overall GF Score™ is 75/100 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 GN Store Nord AS (FRA:GNN), the current Cyclically Adjusted FCF per Share is €1.15 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 GN Store Nord AS (FRA:GNN) Overvalued in 2026?

Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued. The current stock price of €12.17 is trading 21.9% below its estimated GF Value™ of €15.58. GuruFocus considers GN Store Nord AS to be Modestly Undervalued.

Key valuation signals for FRA:GNN:

  • Cyclically Adjusted FCF per Share: €1.15
  • GF Value™: €15.58 vs. price of €12.17 (21.9% below fair value)
  • GF Score™: 75/100 with 6 warning signs

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


GN Store Nord AS Business Description

Address Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
75GF Score

Get the complete analysis for FRA:GNN

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

€12.17
Price
€15.58
GF Value