VIGO Photonics (FRA:J8Z) Cyclically Adjusted FCF per Share: €-5.84 (As of Mar. 2026)

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FRA:J8Z VIGO Photonics SA FRA:J8Z
66 GF Score
Price €115.50
GF Value €145.24
Valuation Modestly Undervalued
! 3 Warning Signs
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What is VIGO Photonics Cyclically Adjusted FCF per Share?

VIGO Photonics FRA:J8Z 66 Cyclically Adjusted FCF per Share is €-5.84 as of Mar. 2026. GuruFocus rates FRA:J8Z with a GF Score™ of 66/100 and a GF Value™ of €145.24 (Modestly Undervalued). 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.

VIGO Photonics's adjusted free cash flow per share for the three months ended in Mar. 2026 was €1.345. 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 €-5.84 for the trailing ten years ended in Mar. 2026.

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 (2026-07-30), VIGO Photonics's current stock price is €115.50. VIGO Photonics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-5.84. VIGO Photonics's Cyclically Adjusted Price-to-FCF of today is .


VIGO Photonics  (FRA:J8Z) 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.


VIGO Photonics Cyclically Adjusted FCF per Share Related Terms


VIGO Photonics Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for VIGO Photonics'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.

VIGO Photonics Cyclically Adjusted FCF per Share Chart

VIGO Photonics 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 0.00 -6.06

VIGO Photonics 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 0.00 -5.79 -5.95 -6.06 -5.84

FRA:J8Z vs APH, GLW, TEL: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, VIGO Photonics'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.


VIGO Photonics Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, VIGO Photonics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:J8Z
66GF Score
VIGO Photonics SA FRA:J8Z
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIGO Photonics 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, VIGO Photonics'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)
=1.345/163.0700*163.0700
=1.345

Current CPI (Mar. 2026) = 163.0700.

VIGO Photonics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.421 99.552 -0.690
201609 0.715 99.064 1.177
201612 0.350 100.366 0.569
201703 0.001 101.018 0.002
201706 -0.003 101.180 -0.005
201709 2.726 101.343 4.386
201712 -1.450 102.564 -2.305
201803 -0.416 102.564 -0.661
201806 -0.366 103.378 -0.577
201809 -0.011 103.378 -0.017
201812 -4.560 103.785 -7.165
201903 -2.800 104.274 -4.379
201906 -2.580 105.983 -3.970
201909 -2.155 105.983 -3.316
201912 -0.067 107.123 -0.102
202003 0.903 109.076 1.350
202006 -0.484 109.402 -0.721
202009 0.900 109.320 1.343
202012 -1.095 109.565 -1.630
202103 -0.501 112.658 -0.725
202106 -0.443 113.960 -0.634
202109 -0.643 115.588 -0.907
202112 -7.178 119.088 -9.829
202203 -2.944 125.031 -3.840
202206 -2.900 131.705 -3.591
202209 -4.848 135.531 -5.833
202212 -2.464 139.113 -2.888
202303 -1.143 145.950 -1.277
202306 -0.709 147.009 -0.786
202309 -0.026 146.113 -0.029
202312 -1.668 147.741 -1.841
202403 -0.906 149.044 -0.991
202406 -1.619 150.997 -1.748
202409 -0.611 153.439 -0.649
202412 -2.060 154.660 -2.172
202503 -0.984 157.021 -1.022
202506 -1.938 157.509 -2.006
202509 -1.633 158.000 -1.685
202512 -0.489 158.320 -0.504
202603 1.345 163.070 1.345

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 €-5.84 mean?
VIGO Photonics (FRA:J8Z) has a Cyclically Adjusted FCF per Share of €-5.84 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 VIGO Photonics and its competitors.
Is VIGO Photonics' Cyclically Adjusted FCF per Share too high?
VIGO Photonics' current Cyclically Adjusted FCF per Share is €-5.84. Overall, VIGO Photonics has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIGO Photonics' Cyclically Adjusted FCF per Share compare to APH and GLW?
VIGO Photonics' Cyclically Adjusted FCF per Share of €-5.84 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 VIGO Photonics and its competitors. VIGO Photonics's current Cyclically Adjusted FCF per Share is €-5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIGO Photonics stock overvalued right now?
Based on GuruFocus' analysis, VIGO Photonics (FRA:J8Z) is currently considered Modestly Undervalued. The stock's GF Value™ is €145.24, compared to a current price of €115.50 — trading 20.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-5.84. VIGO Photonics' overall GF Score™ is 66/100 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 VIGO Photonics (FRA:J8Z), the current Cyclically Adjusted FCF per Share is €-5.84 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 VIGO Photonics (FRA:J8Z) Overvalued in 2026?

Based on GuruFocus' analysis, VIGO Photonics stock appears to be undervalued. The current stock price of €115.50 is trading 20.5% below its estimated GF Value™ of €145.24. GuruFocus considers VIGO Photonics to be Modestly Undervalued.

Key valuation signals for FRA:J8Z:

  • Cyclically Adjusted FCF per Share: €-5.84
  • GF Value™: €145.24 vs. price of €115.50 (20.5% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the FRA:J8Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIGO Photonics Business Description

Other Exchanges VGO:Poland
Address 129/133 Poznanska Street, Ozarow Mazowiecki, POL, 05-850
VIGO Photonics SA is a manufacturer of uncooled infrared photon detectors. The detectors are used in the fields of Industry, Defense and Security, Environmental Protection, Healthcare, Transport, and Research & Development. The company's products include MCT Detectors, InAs Detectors, InAsSb Detectors, and Dedicated electronics. It has two operating segments: the Semiconductor modules segment and the Semiconductor materials segment.
66GF Score

Get the complete analysis for FRA:J8Z

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

€115.50
Price
€145.24
GF Value