Carbon Streaming (FRA:M2Q) Cyclically Adjusted FCF per Share: €-0.23 (As of Mar. 2026)

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FRA:M2Q Carbon Streaming Corp FRA:M2Q
39 GF Score
Price €0.52
GF Value €0.01
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Carbon Streaming Cyclically Adjusted FCF per Share?

Carbon Streaming FRA:M2Q +5.10% 39 Cyclically Adjusted FCF per Share is €-0.23 as of Mar. 2026. GuruFocus rates FRA:M2Q with a GF Score™ of 39/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 2 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.

Carbon Streaming's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.003. 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 €-0.23 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -15.50% 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 Carbon Streaming was -6.10% per year. The lowest was -33.70% per year. And the median was -14.00% per year.

As of today (2026-07-30), Carbon Streaming's current stock price is €0.515. Carbon Streaming's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.23. Carbon Streaming's Cyclically Adjusted Price-to-FCF of today is .


Carbon Streaming  (FRA:M2Q) 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.


Carbon Streaming Cyclically Adjusted FCF per Share Related Terms


Carbon Streaming Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Carbon Streaming'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.

Carbon Streaming Cyclically Adjusted FCF per Share Chart

Carbon Streaming Annual Data
Trend Jun12 Jun13 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.26 -0.25 -0.25 -0.23

Carbon Streaming 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 -0.26 -0.26 -0.26 -0.23 -0.23

FRA:M2Q vs BLK, BX, KKR: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Carbon Streaming'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.


Carbon Streaming Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Carbon Streaming's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:M2Q
39GF Score
Carbon Streaming Corp FRA:M2Q
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carbon Streaming 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, Carbon Streaming'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)
=0.003/132.2623*132.2623
=0.003

Current CPI (Mar. 2026) = 132.2623.

Carbon Streaming Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.015 96.076 0.021
201209 -0.013 96.392 -0.018
201212 -0.016 95.760 -0.022
201303 -0.002 97.103 -0.003
201306 -0.004 97.182 -0.005
201309 -0.001 97.419 -0.001
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.000 107.611 0.000
201912 0.000 107.769 0.000
202003 -0.309 107.927 -0.379
202006 -0.031 108.401 -0.038
202009 -0.004 108.164 -0.005
202012 -0.005 108.559 -0.006
202103 -0.095 110.298 -0.114
202106 -0.030 111.720 -0.036
202109 -0.750 112.905 -0.879
202112 -0.085 113.774 -0.099
202203 -0.038 117.646 -0.043
202206 -0.079 120.806 -0.086
202209 -0.124 120.648 -0.136
202212 -0.054 120.964 -0.059
202303 -0.059 122.702 -0.064
202306 -0.022 124.203 -0.023
202309 -0.051 125.230 -0.054
202312 -0.018 125.072 -0.019
202403 -0.030 126.258 -0.031
202406 -0.110 127.522 -0.114
202409 -0.009 127.285 -0.009
202412 -0.038 127.364 -0.039
202503 -0.009 129.181 -0.009
202506 -0.005 129.892 -0.005
202509 0.001 130.287 0.001
202512 0.005 130.366 0.005
202603 0.003 132.262 0.003

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 €-0.23 mean?
Carbon Streaming (FRA:M2Q) has a Cyclically Adjusted FCF per Share of €-0.23 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 Carbon Streaming and its competitors.
Is Carbon Streaming's Cyclically Adjusted FCF per Share too high?
Carbon Streaming's current Cyclically Adjusted FCF per Share is €-0.23. Overall, Carbon Streaming has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carbon Streaming's Cyclically Adjusted FCF per Share compare to BLK and BX?
Carbon Streaming's Cyclically Adjusted FCF per Share of €-0.23 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset Management 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 Carbon Streaming and its competitors. Carbon Streaming's current Cyclically Adjusted FCF per Share is €-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carbon Streaming stock overvalued right now?
Based on GuruFocus' analysis, Carbon Streaming (FRA:M2Q) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.52 — trading 5050% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.23. Carbon Streaming's overall GF Score™ is 39/100 with 2 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 Carbon Streaming (FRA:M2Q), the current Cyclically Adjusted FCF per Share is €-0.23 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 Carbon Streaming (FRA:M2Q) Overvalued in 2026?

Based on GuruFocus' analysis, Carbon Streaming stock appears to be overvalued. The current stock price of €0.52 is trading 5050% above its estimated GF Value™ of €0.01. GuruFocus considers Carbon Streaming to be Significantly Overvalued.

Key valuation signals for FRA:M2Q:

  • Cyclically Adjusted FCF per Share: €-0.23
  • GF Value™: €0.01 vs. price of €0.52 (5050% above fair value)
  • GF Score™: 39/100 with 2 warning signs

No single metric tells the full story. See the FRA:M2Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carbon Streaming Business Description

Address 666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Carbon Streaming Corp is a carbon credit streaming and royalty company focused on providing capital to carbon projects globally, mainly by entering into or acquiring streaming, royalty, or other similar arrangements to purchase carbon credits from the underlying project and then generating cash flow from the sale of carbon credits. The Company has one operating segment related to carbon credit streaming and royalty agreements focused on projects located globally.
39GF Score

Get the complete analysis for FRA:M2Q

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

€0.52
Price
€0.01
GF Value