Tecnoglass (FRA:R0P) Cyclically Adjusted FCF per Share: €0.71 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:R0P Tecnoglass Inc FRA:R0P
81 GF Score
Price €39.60
GF Value €57.61
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Tecnoglass Cyclically Adjusted FCF per Share?

Tecnoglass FRA:R0P +2.86% 81 Cyclically Adjusted FCF per Share is €0.71 as of Mar. 2026. GuruFocus rates FRA:R0P with a GF Score™ of 81/100 and a GF Value™ of €57.61 (Possible Value Trap). 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.

Tecnoglass's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.204. 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 €0.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tecnoglass's average Cyclically Adjusted FCF Growth Rate was 19.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 69.00% 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 Tecnoglass was 69.00% per year. The lowest was 69.00% per year. And the median was 69.00% per year.

As of today (2026-07-17), Tecnoglass's current stock price is €39.60. Tecnoglass's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.71. Tecnoglass's Cyclically Adjusted Price-to-FCF of today is 55.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tecnoglass was 856.33. The lowest was 45.42. And the median was 130.38.


Tecnoglass  (FRA:R0P) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.60/0.71
=55.77

* 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 Tecnoglass was 856.33. The lowest was 45.42. And the median was 130.38.


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.


Tecnoglass Cyclically Adjusted FCF per Share Related Terms


Tecnoglass Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tecnoglass'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.

Tecnoglass Cyclically Adjusted FCF per Share Chart

Tecnoglass 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 -0.01 0.16 0.30 0.66 0.71

Tecnoglass 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 0.64 0.62 0.67 0.71 0.71

FRA:R0P vs RMIX, MCEM, USLM: Cyclically Adjusted FCF per Share Comparison

For the Building Materials subindustry, Tecnoglass'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.


Tecnoglass Cyclically Adjusted Price-to-FCF vs Building Materials Industry

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

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


FRA:R0P
81GF Score
Tecnoglass Inc FRA:R0P
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnoglass 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, Tecnoglass'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)
=-0.204/330.2130*330.2130
=-0.204

Current CPI (Mar. 2026) = 330.2130.

Tecnoglass Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.176 241.018 0.241
201609 -0.271 241.428 -0.371
201612 0.194 241.432 0.265
201703 0.247 243.801 0.335
201706 -0.039 244.955 -0.053
201709 -0.125 246.819 -0.167
201712 0.102 246.524 0.137
201803 -0.240 249.554 -0.318
201806 -0.001 251.989 -0.001
201809 -0.112 252.439 -0.147
201812 -0.034 251.233 -0.045
201903 -0.202 254.202 -0.262
201906 0.054 256.143 0.070
201909 -0.081 256.759 -0.104
201912 0.229 256.974 0.294
202003 -0.116 258.115 -0.148
202006 0.449 257.797 0.575
202009 0.366 260.280 0.464
202012 0.280 260.474 0.355
202103 0.404 264.877 0.504
202106 0.328 271.696 0.399
202109 0.338 274.310 0.407
202112 0.092 278.802 0.109
202203 0.340 287.504 0.391
202206 0.374 296.311 0.417
202209 0.181 296.808 0.201
202212 0.501 296.797 0.557
202303 0.539 301.836 0.590
202306 -0.430 305.109 -0.465
202309 0.531 307.789 0.570
202312 0.556 306.746 0.599
202403 0.461 312.332 0.487
202406 0.281 314.175 0.295
202409 0.341 315.301 0.357
202412 0.720 315.605 0.753
202503 0.324 319.799 0.335
202506 -0.270 322.561 -0.276
202509 0.386 324.800 0.392
202512 0.213 324.054 0.217
202603 -0.204 330.213 -0.204

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 €0.71 mean?
Tecnoglass (FRA:R0P) has a Cyclically Adjusted FCF per Share of €0.71 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 Tecnoglass and its competitors.
Is Tecnoglass' Cyclically Adjusted FCF per Share too high?
Tecnoglass' current Cyclically Adjusted FCF per Share is €0.71. Overall, Tecnoglass has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tecnoglass' Cyclically Adjusted FCF per Share compare to RMIX and MCEM?
Tecnoglass' Cyclically Adjusted FCF per Share of €0.71 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 Tecnoglass and its competitors. Tecnoglass's current Cyclically Adjusted FCF per Share is €0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnoglass stock overvalued right now?
Based on GuruFocus' analysis, Tecnoglass (FRA:R0P) is currently considered Possible Value Trap. The stock's GF Value™ is €57.61, compared to a current price of €39.60 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.71. Tecnoglass' overall GF Score™ is 81/100 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 Tecnoglass (FRA:R0P), the current Cyclically Adjusted FCF per Share is €0.71 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 Tecnoglass (FRA:R0P) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnoglass stock appears to be undervalued. The current stock price of €39.60 is trading 31.3% below its estimated GF Value™ of €57.61. GuruFocus considers Tecnoglass to be Possible Value Trap.

Key valuation signals for FRA:R0P:

  • Cyclically Adjusted FCF per Share: €0.71
  • GF Value™: €57.61 vs. price of €39.60 (31.3% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the FRA:R0P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecnoglass Business Description

Other Exchanges TGLS:USA
Address Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores, Barranquilla, COL
Tecnoglass Inc is a manufacturer of hi-spec architectural glass and windows for residential and commercial construction industries, operating through its direct and indirect subsidiaries. Its product offerings include tempered glass, laminated glass, thermo-acoustic glass, sliding windows, projecting windows, guillotine windows, sliding doors, loating facades, automatic doors, bathroom dividers, and commercial display windows, among others. The company has one operating segment, Architectural Glass and Windows, which is also its reporting segment. Geographically, the company generates maximum revenue from its customers in the United States, followed by Colombia, Panama, and other regions.
81GF Score

Get the complete analysis for FRA:R0P

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

€39.60
Price
€57.61
GF Value