Amber International Holding (FRA:I9C) Cyclically Adjusted FCF per Share: €-1.41 (As of Mar. 2026)

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FRA:I9C Amber International Holding Ltd FRA:I9C
47 GF Score
Price €1.18
GF Value €5.61
! 3 Warning Signs
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What is Amber International Holding Cyclically Adjusted FCF per Share?

Amber International Holding FRA:I9C 47 Cyclically Adjusted FCF per Share is €-1.41 as of Mar. 2026. GuruFocus rates FRA:I9C with a GF Score™ of 47/100 and a GF Value™ of €5.61. The stock has 3 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.

Amber International Holding's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was €-0.246. 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 €-1.41 for the trailing ten years ended in Dec. 2025.

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 (2026-07-25), Amber International Holding's current stock price is € 1.18. Amber International Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was €-1.41. Amber International Holding's Cyclically Adjusted Price-to-FCF of today is .


Amber International Holding  (FRA:I9C) 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.


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.


Amber International Holding Cyclically Adjusted FCF per Share Related Terms


Amber International Holding Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Amber International Holding'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.

Amber International Holding Cyclically Adjusted FCF per Share Chart

Amber International Holding 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 -1.99 -1.41

Amber International Holding Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 0.00 0.00 0.00 -1.41 0.00

FRA:I9C vs DAVA, ZENA, TCX: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, Amber International Holding'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.


Amber International Holding Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Amber International Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:I9C
47GF Score
Amber International Holding Ltd FRA:I9C
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amber International Holding 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, Amber International Holding's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.246/324.0540*324.0540
=-0.246

Current CPI (Dec. 2025) = 324.0540.

Amber International Holding Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 -0.979 241.432 -1.314
201712 -4.260 246.524 -5.600
201812 -2.623 251.233 -3.383
201912 -4.880 256.974 -6.154
202012 -2.168 260.474 -2.697
202112 -1.953 278.802 -2.270
202212 6.644 296.797 7.254
202312 0.168 306.746 0.177
202412 -0.010 315.605 -0.010
202512 -0.246 324.054 -0.246

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 €-1.41 mean?
Amber International Holding (FRA:I9C) has a Cyclically Adjusted FCF per Share of €-1.41 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 Amber International Holding and its competitors.
Is Amber International Holding's Cyclically Adjusted FCF per Share too high?
Amber International Holding's current Cyclically Adjusted FCF per Share is €-1.41. Overall, Amber International Holding has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Amber International Holding's Cyclically Adjusted FCF per Share compare to DAVA and ZENA?
Amber International Holding's Cyclically Adjusted FCF per Share of €-1.41 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 Amber International Holding and its competitors. Amber International Holding's current Cyclically Adjusted FCF per Share is €-1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amber International Holding stock overvalued right now?
Amber International Holding (FRA:I9C) has a current Cyclically Adjusted FCF per Share of €-1.41. The stock's GF Value™ is €5.61, compared to a current price of €1.18 — trading 79% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-1.41. Amber International Holding's overall GF Score™ is 47/100 with 3 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 Amber International Holding (FRA:I9C), the current Cyclically Adjusted FCF per Share is €-1.41 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 Amber International Holding (FRA:I9C) Overvalued in 2026?

Based on GuruFocus' analysis, Amber International Holding stock appears to be undervalued. The current stock price of €1.18 is trading 79% below its estimated GF Value™ of €5.61.

Key valuation signals for FRA:I9C:

  • Cyclically Adjusted FCF per Share: €-1.41
  • GF Value™: €5.61 vs. price of €1.18 (79% below fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the FRA:I9C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amber International Holding Business Description

Other Exchanges AMBR:USAI9C:Germany
Address 1 Wallich Street, No. 30-02, Guoco Tower, Singapore, SGP, 078881
Amber International Holding Ltd is a digital asset wealth management platform, operating under the brand name Amber Premium. It acts as the institutional gateway to crypto finance, providing market access, execution infrastructure, and investment solutions for institutional investors and high-net-worth individuals (HNWIs). The company offers crypto-to-fiat and fiat-to-crypto conversion services, Amber Premium Crypto Card, over-the-counter trading solutions, trade execution, crypto-backed financing solutions, and a range of wealth management solutions in the crypto space. The Group's operating segments are: Digital Assets Services and Solutions, which generates the maximum revenue, and Online Advertising and SaaS Solutions. Geographically, it derives maximum revenue from North America.
47GF Score

Get the complete analysis for FRA:I9C

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

€1.18
Price
€5.61
GF Value