Orange Polska (FRA:TPA1) Cyclically Adjusted FCF per Share: €0.25 (As of Jun. 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:TPA1 Orange Polska SA FRA:TPA1
74 GF Score
Price €3.17
GF Value €2.11
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Orange Polska Cyclically Adjusted FCF per Share?

Orange Polska FRA:TPA1 -0.72% 74 Cyclically Adjusted FCF per Share is €0.25 as of Jun. 2026. GuruFocus rates FRA:TPA1 with a GF Score™ of 74/100 and a GF Value™ of €2.11 (Significantly Overvalued). The stock has 5 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.

Orange Polska's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.047. 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 €0.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Orange Polska's average Cyclically Adjusted FCF Growth Rate was 229.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.80% 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 Orange Polska was 31.00% per year. The lowest was -1.80% per year. And the median was 14.60% per year.

As of today (2026-09-16), Orange Polska's current stock price is €3.168. Orange Polska's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €0.25. Orange Polska's Cyclically Adjusted Price-to-FCF of today is 12.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Orange Polska was 358.75. The lowest was 20.90. And the median was 52.51.


Orange Polska  (FRA:TPA1) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.168/0.247
=12.83

* 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 Orange Polska was 358.75. The lowest was 20.90. And the median was 52.51.


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.


Orange Polska Cyclically Adjusted FCF per Share Related Terms


Orange Polska Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Orange Polska'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.

Orange Polska Cyclically Adjusted FCF per Share Chart

Orange Polska 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 0.17 0.21 0.19 0.17 0.16

Orange Polska 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 0.15 0.15 0.16 0.25 0.25

FRA:TPA1 vs VZ, TMUS, T: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, Orange Polska'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.


Orange Polska Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Orange Polska's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:TPA1
74GF Score
Orange Polska SA FRA:TPA1
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orange Polska 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, Orange Polska'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)
=0.047/162.2800*162.2800
=0.047

Current CPI (Jun. 2026) = 162.2800.

Orange Polska Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.047 99.064 0.077
201612 0.589 100.366 0.952
201703 0.010 101.018 0.016
201706 0.023 101.180 0.037
201709 0.014 101.343 0.022
201712 0.054 102.564 0.085
201803 -0.002 102.564 -0.003
201806 -0.021 103.378 -0.033
201809 -0.088 103.378 -0.138
201812 0.114 103.785 0.178
201903 -0.029 104.274 -0.045
201906 0.018 105.983 0.028
201909 0.015 105.983 0.023
201912 0.072 107.123 0.109
202003 -0.010 109.076 -0.015
202006 0.083 109.402 0.123
202009 0.018 109.320 0.027
202012 0.039 109.565 0.058
202103 0.038 112.658 0.055
202106 0.037 113.960 0.053
202109 0.095 115.588 0.133
202112 -0.021 119.088 -0.029
202203 0.043 125.031 0.056
202206 0.063 131.705 0.078
202209 0.035 135.531 0.042
202212 -0.042 139.113 -0.049
202303 -0.026 145.950 -0.029
202306 0.098 147.009 0.108
202309 0.087 146.113 0.097
202312 0.041 147.741 0.045
202403 -0.036 149.044 -0.039
202406 0.084 150.997 0.090
202409 0.069 153.439 0.073
202412 0.068 154.660 0.071
202503 0.011 157.021 0.011
202506 -0.047 157.509 -0.048
202509 0.092 158.000 0.094
202512 0.082 158.320 0.084
202603 0.026 163.070 0.026
202606 0.047 162.280 0.047

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 €0.25 mean?
Orange Polska (FRA:TPA1) has a Cyclically Adjusted FCF per Share of €0.25 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 Orange Polska and its competitors.
Is Orange Polska's Cyclically Adjusted FCF per Share too high?
Orange Polska's current Cyclically Adjusted FCF per Share is €0.25. Overall, Orange Polska has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orange Polska's Cyclically Adjusted FCF per Share compare to VZ and TMUS?
Orange Polska's Cyclically Adjusted FCF per Share of €0.25 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication Services 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 Orange Polska and its competitors. Orange Polska's current Cyclically Adjusted FCF per Share is €0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orange Polska stock overvalued right now?
Based on GuruFocus' analysis, Orange Polska (FRA:TPA1) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.11, compared to a current price of €3.17 — trading 50.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.25. Orange Polska's overall GF Score™ is 74/100 with 5 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 Orange Polska (FRA:TPA1), the current Cyclically Adjusted FCF per Share is €0.25 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 Orange Polska (FRA:TPA1) Overvalued in 2026?

Based on GuruFocus' analysis, Orange Polska stock appears to be overvalued. The current stock price of €3.17 is trading 50.1% above its estimated GF Value™ of €2.11. GuruFocus considers Orange Polska to be Significantly Overvalued.

Key valuation signals for FRA:TPA1:

  • Cyclically Adjusted FCF per Share: €0.25
  • GF Value™: €2.11 vs. price of €3.17 (50.1% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the FRA:TPA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orange Polska Business Description

Other Exchanges OPL:Poland
Address 160 Aleje Jerozolimskie Street, Warsaw, POL, 02-326
Orange Polska SA is a provider of telecommunications services in Poland. The Group provides mobile and fixed telecommunications services, including calls, messaging, content, access to the Internet and TV. In addition, it provides IT and integration services, leased lines and other telecommunications value-added services, sells telecommunications equipment, provides data transmission, constructs telecommunications infrastructure, and sells electrical energy. It derives revenue from the provision of Internet, mobile, and television services. The maximum of the company's revenue is earned through mobile-only services.
74GF Score

Get the complete analysis for FRA:TPA1

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

€3.17
Price
€2.11
GF Value