VersaBank (FRA:VEW) Cyclically Adjusted FCF per Share: €1.14 (As of Apr. 2026)

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FRA:VEW VersaBank FRA:VEW
72 GF Score
Price €18.30
GF Value €11.02
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is VersaBank Cyclically Adjusted FCF per Share?

VersaBank FRA:VEW 72 Cyclically Adjusted FCF per Share is €1.14 as of Apr. 2026. GuruFocus rates FRA:VEW with a GF Score™ of 72/100 and a GF Value™ of €11.02 (Significantly Overvalued). The stock has 7 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.

VersaBank's adjusted free cash flow per share for the three months ended in Apr. 2026 was €-0.964. 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 €1.14 for the trailing ten years ended in Apr. 2026.

During the past 12 months, VersaBank's average Cyclically Adjusted FCF Growth Rate was 82.70% 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.

As of today (2026-07-21), VersaBank's current stock price is €18.30. VersaBank's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was €1.14. VersaBank's Cyclically Adjusted Price-to-FCF of today is 16.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of VersaBank was 152.10. The lowest was 8.97. And the median was 15.35.


VersaBank  (FRA:VEW) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.30/1.14
=16.05

* 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 VersaBank was 152.10. The lowest was 8.97. And the median was 15.35.


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.


VersaBank Cyclically Adjusted FCF per Share Related Terms


VersaBank Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for VersaBank'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.

VersaBank Cyclically Adjusted FCF per Share Chart

VersaBank Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.57 -0.70 0.07 0.82 1.04

VersaBank Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.94 1.04 1.08 1.14

FRA:VEW vs PNC, USB: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, VersaBank'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.


VersaBank Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, VersaBank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:VEW
72GF Score
VersaBank FRA:VEW
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VersaBank 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, VersaBank's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.964/132.7364*132.7364
=-0.964

Current CPI (Apr. 2026) = 132.7364.

VersaBank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 0.380 101.844 0.495
201610 -1.563 102.002 -2.034
201701 1.544 102.318 2.003
201704 -1.143 103.029 -1.473
201707 0.304 103.029 0.392
201710 1.837 103.424 2.358
201801 -2.323 104.056 -2.963
201804 1.839 105.320 2.318
201807 -0.551 106.110 -0.689
201810 0.496 105.952 0.621
201901 -1.042 105.557 -1.310
201904 1.048 107.453 1.295
201907 -0.402 108.243 -0.493
201910 1.044 107.927 1.284
202001 -0.429 108.085 -0.527
202004 7.197 107.216 8.910
202007 0.458 108.401 0.561
202010 -2.880 108.638 -3.519
202101 -0.811 109.192 -0.986
202104 -0.331 110.851 -0.396
202107 0.853 112.431 1.007
202110 -2.876 113.695 -3.358
202201 -2.881 114.801 -3.331
202204 1.087 118.357 1.219
202207 -2.987 120.964 -3.278
202210 3.977 121.517 4.344
202301 0.874 121.596 0.954
202304 0.494 123.571 0.531
202307 0.299 124.914 0.318
202310 0.792 125.310 0.839
202401 -0.899 125.072 -0.954
202404 1.320 126.890 1.381
202407 2.190 128.075 2.270
202410 3.941 127.838 4.092
202501 -2.091 127.443 -2.178
202504 -1.932 129.102 -1.986
202507 3.551 130.290 3.618
202510 0.939 130.603 0.954
202601 1.072 130.366 1.091
202604 -0.964 132.736 -0.964

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 €1.14 mean?
VersaBank (FRA:VEW) has a Cyclically Adjusted FCF per Share of €1.14 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on VersaBank and its competitors.
Is VersaBank's Cyclically Adjusted FCF per Share too high?
VersaBank's current Cyclically Adjusted FCF per Share is €1.14. Overall, VersaBank has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VersaBank's Cyclically Adjusted FCF per Share compare to PNC and USB?
VersaBank's Cyclically Adjusted FCF per Share of €1.14 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks 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 VersaBank and its competitors. VersaBank's current Cyclically Adjusted FCF per Share is €1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VersaBank stock overvalued right now?
Based on GuruFocus' analysis, VersaBank (FRA:VEW) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.02, compared to a current price of €18.30 — trading 66.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.14. VersaBank's overall GF Score™ is 72/100 with 7 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 VersaBank (FRA:VEW), the current Cyclically Adjusted FCF per Share is €1.14 as of Apr. 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 VersaBank (FRA:VEW) Overvalued in 2026?

Based on GuruFocus' analysis, VersaBank stock appears to be overvalued. The current stock price of €18.30 is trading 66.1% above its estimated GF Value™ of €11.02. GuruFocus considers VersaBank to be Significantly Overvalued.

Key valuation signals for FRA:VEW:

  • Cyclically Adjusted FCF per Share: €1.14
  • GF Value™: €11.02 vs. price of €18.30 (66.1% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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


VersaBank Business Description

Other Exchanges VBNK:USAVBNK:Canada
Address 140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2
VersaBank is a Schedule I Canadian bank that provides mainly commercial lending and banking services to select niche markets in Canada and the United States. Its products and services include credit assets, deposits, and cybersecurity services through its wholly owned subsidiary. The bank operates through four segments: Digital Banking Canada and Digital Banking USA, both using a business-to-business model with proprietary financial technology to serve underserved markets; DRTC, which provides cybersecurity services and banking and financial technology development; and Digital Meteor, which owns proprietary technology supporting next-generation digital assets, including Real Bank Deposit Tokens (RBDTs). The majority of revenue comes from Digital Banking.
72GF Score

Get the complete analysis for FRA:VEW

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

€18.30
Price
€11.02
GF Value