Mativ Holdings (FRA:MH2) Cyclically Adjusted FCF per Share: €2.62 (As of Mar. 2026)


FRA:MH2 Mativ Holdings Inc FRA:MH2
61 GF Score
Price €6.65
GF Value €10.75
Valuation Possible Value Trap
! 4 Warning Signs
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What is Mativ Holdings Cyclically Adjusted FCF per Share?

Mativ Holdings FRA:MH2 +3.10% 61 Cyclically Adjusted FCF per Share is €2.62 as of Mar. 2026. GuruFocus rates FRA:MH2 with a GF Score™ of 61/100 and a GF Value™ of €10.75 (Possible Value Trap). The stock has 4 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.

Mativ Holdings's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.117. 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 €2.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mativ Holdings's average Cyclically Adjusted FCF Growth Rate was -7.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% 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 Mativ Holdings was 43.50% per year. The lowest was -9.50% per year. And the median was 8.30% per year.

As of today (2026-07-10), Mativ Holdings's current stock price is €6.65. Mativ Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.62. Mativ Holdings's Cyclically Adjusted Price-to-FCF of today is 2.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mativ Holdings was 18.92. The lowest was 1.39. And the median was 8.35.


Mativ Holdings  (FRA:MH2) 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.

Mativ Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.65/2.62
=2.54

* 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 Mativ Holdings was 18.92. The lowest was 1.39. And the median was 8.35.


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.


Mativ Holdings Cyclically Adjusted FCF per Share Related Terms


Mativ Holdings Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mativ Holdings'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.

Mativ Holdings Cyclically Adjusted FCF per Share Chart

Mativ Holdings 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 3.69 3.84 3.40 3.20 2.61

Mativ Holdings 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 3.06 2.75 2.78 2.61 2.62

FRA:MH2 vs ALTO, OEC, GEVO: Cyclically Adjusted FCF per Share Comparison

For the Specialty Chemicals subindustry, Mativ Holdings'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.


Mativ Holdings Cyclically Adjusted Price-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mativ Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:MH2
61GF Score
Mativ Holdings Inc FRA:MH2
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mativ Holdings 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, Mativ Holdings'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)
=-0.117/330.2130*330.2130
=-0.117

Current CPI (Mar. 2026) = 330.2130.

Mativ Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.839 241.018 1.149
201609 0.649 241.428 0.888
201612 1.096 241.432 1.499
201703 0.034 243.801 0.046
201706 0.667 244.955 0.899
201709 1.076 246.819 1.440
201712 0.749 246.524 1.003
201803 0.413 249.554 0.546
201806 0.730 251.989 0.957
201809 0.851 252.439 1.113
201812 1.061 251.233 1.395
201903 0.124 254.202 0.161
201906 0.939 256.143 1.211
201909 1.708 256.759 2.197
201912 0.908 256.974 1.167
202003 -0.088 258.115 -0.113
202006 1.022 257.797 1.309
202009 1.399 260.280 1.775
202012 1.161 260.474 1.472
202103 0.137 264.877 0.171
202106 -0.077 271.696 -0.094
202109 -0.011 274.310 -0.013
202112 0.957 278.802 1.133
202203 -0.133 287.504 -0.153
202206 0.096 296.311 0.107
202209 -0.204 296.808 -0.227
202212 2.874 296.797 3.198
202303 -0.600 301.836 -0.656
202306 0.326 305.109 0.353
202309 0.312 307.789 0.335
202312 0.644 306.746 0.693
202403 -0.426 312.332 -0.450
202406 0.640 314.175 0.673
202409 0.423 315.301 0.443
202412 0.035 315.605 0.037
202503 -0.506 319.799 -0.522
202506 0.776 322.561 0.794
202509 1.039 324.800 1.056
202512 0.125 324.054 0.127
202603 -0.117 330.213 -0.117

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 €2.62 mean?
Mativ Holdings (FRA:MH2) has a Cyclically Adjusted FCF per Share of €2.62 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 Mativ Holdings and its competitors.
Is Mativ Holdings' Cyclically Adjusted FCF per Share too high?
Mativ Holdings' current Cyclically Adjusted FCF per Share is €2.62. Overall, Mativ Holdings has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mativ Holdings' Cyclically Adjusted FCF per Share compare to ALTO and OEC?
Mativ Holdings' Cyclically Adjusted FCF per Share of €2.62 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted FCF per Share depends on the Chemicals 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 Mativ Holdings and its competitors. Mativ Holdings's current Cyclically Adjusted FCF per Share is €2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mativ Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mativ Holdings (FRA:MH2) is currently considered Possible Value Trap. The stock's GF Value™ is €10.75, compared to a current price of €6.65 — trading 38.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.62. Mativ Holdings' overall GF Score™ is 61/100 with 4 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 Mativ Holdings (FRA:MH2), the current Cyclically Adjusted FCF per Share is €2.62 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 Mativ Holdings (FRA:MH2) Overvalued in 2026?

Based on GuruFocus' analysis, Mativ Holdings stock appears to be undervalued. The current stock price of €6.65 is trading 38.1% below its estimated GF Value™ of €10.75. GuruFocus considers Mativ Holdings to be Possible Value Trap.

Key valuation signals for FRA:MH2:

  • Cyclically Adjusted FCF per Share: €2.62
  • GF Value™: €10.75 vs. price of €6.65 (38.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the FRA:MH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mativ Holdings Business Description

Other Exchanges MATV:USA
Address 100 Kimball Pl, Suite 600, Alpharetta, GA, USA, 30009
Mativ Holdings Inc is a leader in specialty materials, solving its customers' complex challenges by engineering bold, inventive solutions that connect, protect, and purify the world. The company operates in two segments, namely Filtration & advanced Materials, focused on filtration media and components, developed films, coating and converting solutions, and extruded mesh products, and (2) Sustainable & Adhesive Solutions (SAS), focused on tapes, labels, liners, specialty paper, packaging, and healthcare solutions.
61GF Score

Get the complete analysis for FRA:MH2

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

€6.65
Price
€10.75
GF Value