H+H International AS (FRA:J0H) Cyclically Adjusted FCF per Share: €0.32 (As of Jun. 2026)

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FRA:J0H H+H International AS FRA:J0H
71 GF Score
Price €13.22
GF Value €12.10
! 8 Warning Signs
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What is H+H International AS Cyclically Adjusted FCF per Share?

H+H International AS FRA:J0H -0.30% 71 Cyclically Adjusted FCF per Share is €0.32 as of Jun. 2026. GuruFocus rates FRA:J0H with a GF Score™ of 71/100 and a GF Value™ of €12.10. The stock has 8 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.

H+H International AS's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.560. 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 €0.32 for the trailing ten years ended in Jun. 2026.

During the past 12 months, H+H International AS's average Cyclically Adjusted FCF Growth Rate was -37.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -15.70% 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 H+H International AS was 18.30% per year. The lowest was -28.10% per year. And the median was 1.50% per year.

As of today (2026-09-13), H+H International AS's current stock price is €13.22. H+H International AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €0.32. H+H International AS's Cyclically Adjusted Price-to-FCF of today is 41.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of H+H International AS was 42.17. The lowest was 11.10. And the median was 20.51.


H+H International AS  (FRA:J0H) 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.

H+H International AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.22/0.32
=41.31

* 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 H+H International AS was 42.17. The lowest was 11.10. And the median was 20.51.


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.


H+H International AS Cyclically Adjusted FCF per Share Related Terms


H+H International AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for H+H International 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.

H+H International AS Cyclically Adjusted FCF per Share Chart

H+H International 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 0.00 0.00 0.66 0.56 0.42

H+H International AS 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 0.53 0.46 0.42 0.35 0.32

FRA:J0H vs CRH, MLM, VMC: Cyclically Adjusted FCF per Share Comparison

For the Building Materials subindustry, H+H International 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.


H+H International AS Cyclically Adjusted Price-to-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, H+H International AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where H+H International AS's Cyclically Adjusted Price-to-FCF falls into.


FRA:J0H
71GF Score
H+H International AS FRA:J0H
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H+H International 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, H+H International AS'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)
=0.56/122.9700*122.9700
=0.560

Current CPI (Jun. 2026) = 122.9700.

H+H International AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.512 100.200 0.628
201612 -0.267 100.300 -0.327
201703 -0.987 101.200 -1.199
201706 0.447 101.200 0.543
201709 0.557 101.800 0.673
201712 -0.220 101.300 -0.267
201803 -1.947 101.700 -2.354
201806 0.936 102.300 1.125
201809 0.976 102.400 1.172
201812 0.577 102.100 0.695
201903 -0.174 102.900 -0.208
201906 1.073 102.900 1.282
201909 1.014 102.900 1.212
201912 -0.105 102.900 -0.125
202003 -0.030 103.300 -0.036
202006 0.822 103.200 0.979
202009 1.006 103.500 1.195
202012 0.390 103.400 0.464
202103 -0.237 104.300 -0.279
202106 1.293 105.000 1.514
202109 0.982 105.800 1.141
202112 -0.112 106.600 -0.129
202203 -0.486 109.900 -0.544
202206 1.272 113.600 1.377
202209 0.279 116.400 0.295
202212 -0.686 115.900 -0.728
202303 -2.491 117.300 -2.611
202306 -1.242 116.400 -1.312
202309 0.434 117.400 0.455
202312 -0.421 116.700 -0.444
202403 -0.747 118.400 -0.776
202406 0.179 118.500 0.186
202409 0.962 118.900 0.995
202412 -0.263 118.900 -0.272
202503 -0.555 120.200 -0.568
202506 -0.423 120.700 -0.431
202509 0.594 121.600 0.601
202512 -0.081 121.200 -0.082
202603 -1.052 121.680 -1.063
202606 0.560 122.970 0.560

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 €0.32 mean?
H+H International AS (FRA:J0H) has a Cyclically Adjusted FCF per Share of €0.32 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 H+H International AS and its competitors.
Is H+H International AS's Cyclically Adjusted FCF per Share too high?
H+H International AS's current Cyclically Adjusted FCF per Share is €0.32. Overall, H+H International AS has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does H+H International AS's Cyclically Adjusted FCF per Share compare to CRH and MLM?
H+H International AS's Cyclically Adjusted FCF per Share of €0.32 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted FCF per Share depends on the Building Materials 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 H+H International AS and its competitors. H+H International AS's current Cyclically Adjusted FCF per Share is €0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H+H International AS stock overvalued right now?
H+H International AS (FRA:J0H) has a current Cyclically Adjusted FCF per Share of €0.32. The stock's GF Value™ is €12.10, compared to a current price of €13.22 — trading 9.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.32. H+H International AS's overall GF Score™ is 71/100 with 8 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 H+H International AS (FRA:J0H), the current Cyclically Adjusted FCF per Share is €0.32 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 H+H International AS (FRA:J0H) Overvalued in 2026?

Based on GuruFocus' analysis, H+H International AS stock appears to be overvalued. The current stock price of €13.22 is trading 9.3% above its estimated GF Value™ of €12.10.

Key valuation signals for FRA:J0H:

  • Cyclically Adjusted FCF per Share: €0.32
  • GF Value™: €12.10 vs. price of €13.22 (9.3% above fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the FRA:J0H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H+H International AS Business Description

Other Exchanges 0M6J:UKHH:Denmark
Address Lautrupsgade 7, 5th Floor, Copenhagen, DNK, 2100
H+H International AS is a wall-building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The main product lines are aircrete blocks and calcium silicate units used for the residential new building segment. The company has products such as H+H Foundations Blocks, H+H wall elements can also be used for solid external walls, sound-insulation requirements, construction of walls for private low-rise houses, Self-build, Commercial and industry and many more.
71GF Score

Get the complete analysis for FRA:J0H

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

€13.22
Price
€12.10
GF Value