The Walt Disney Co (FRA:WDP0) Cyclically Adjusted FCF per Share: €0.28 (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:WDP0 The Walt Disney Co FRA:WDP0
86 GF Score
Price €6.40
GF Value €7.45
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is The Walt Disney Co Cyclically Adjusted FCF per Share?

The Walt Disney Co FRA:WDP0 +0.79% 86 Cyclically Adjusted FCF per Share is €0.28 as of Mar. 2026. GuruFocus rates FRA:WDP0 with a GF Score™ of 86/100 and a GF Value™ of €7.45 (Modestly Undervalued). The stock has 3 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.

The Walt Disney Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.205. 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 €0.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Walt Disney Co's average Cyclically Adjusted FCF Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% 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 The Walt Disney Co was 12.80% per year. The lowest was 0.40% per year. And the median was 4.30% per year.

As of today (2026-07-16), The Walt Disney Co's current stock price is €6.40. The Walt Disney Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.28. The Walt Disney Co's Cyclically Adjusted Price-to-FCF of today is 22.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Walt Disney Co was 50.95. The lowest was 19.70. And the median was 28.78.


The Walt Disney Co  (FRA:WDP0) 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.

The Walt Disney Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.40/0.28
=22.86

* 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 The Walt Disney Co was 50.95. The lowest was 19.70. And the median was 28.78.


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.


The Walt Disney Co Cyclically Adjusted FCF per Share Related Terms


The Walt Disney Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted FCF per Share Chart

The Walt Disney Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.38 0.33 0.32 0.29

The Walt Disney Co 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 0.30 0.30 0.29 0.27 0.28

FRA:WDP0 vs WBD, LYV, NFLX: Cyclically Adjusted FCF per Share Comparison

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


FRA:WDP0
86GF Score
The Walt Disney Co FRA:WDP0
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Walt Disney Co 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, The Walt Disney Co'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)
=0.205/330.2130*330.2130
=0.205

Current CPI (Mar. 2026) = 330.2130.

The Walt Disney Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.116 241.018 0.159
201609 0.114 241.428 0.156
201612 0.020 241.432 0.027
201703 0.117 243.801 0.158
201706 0.159 244.955 0.214
201709 0.123 246.819 0.165
201712 0.059 246.524 0.079
201803 0.158 249.554 0.209
201806 0.119 251.989 0.156
201809 0.129 252.439 0.169
201812 0.045 251.233 0.059
201903 0.131 254.202 0.170
201906 -0.107 256.143 -0.138
201909 0.030 256.759 0.039
201912 0.011 256.974 0.014
202003 0.082 258.115 0.105
202006 0.019 257.797 0.024
202009 0.037 260.280 0.047
202012 -0.026 260.474 -0.033
202103 0.024 264.877 0.030
202106 0.020 271.696 0.024
202109 0.060 274.310 0.072
202112 -0.049 278.802 -0.058
202203 0.029 287.504 0.033
202206 0.008 296.311 0.009
202209 0.065 296.808 0.072
202212 -0.095 296.797 -0.106
202303 0.086 301.836 0.094
202306 0.070 305.109 0.076
202309 0.149 307.789 0.160
202312 0.038 306.746 0.041
202403 0.103 312.332 0.109
202406 0.053 314.175 0.056
202409 0.170 315.301 0.178
202412 0.033 315.605 0.035
202503 0.212 319.799 0.219
202506 0.077 322.561 0.079
202509 0.102 324.800 0.104
202512 -0.092 324.054 -0.094
202603 0.205 330.213 0.205

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 €0.28 mean?
The Walt Disney Co (FRA:WDP0) has a Cyclically Adjusted FCF per Share of €0.28 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 The Walt Disney Co and its competitors.
Is The Walt Disney Co's Cyclically Adjusted FCF per Share too high?
The Walt Disney Co's current Cyclically Adjusted FCF per Share is €0.28. Overall, The Walt Disney Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Walt Disney Co's Cyclically Adjusted FCF per Share compare to WBD and LYV?
The Walt Disney Co's Cyclically Adjusted FCF per Share of €0.28 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified 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 The Walt Disney Co and its competitors. The Walt Disney Co's current Cyclically Adjusted FCF per Share is €0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Walt Disney Co stock overvalued right now?
Based on GuruFocus' analysis, The Walt Disney Co (FRA:WDP0) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.45, compared to a current price of €6.40 — trading 14.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.28. The Walt Disney Co's overall GF Score™ is 86/100 with 3 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 The Walt Disney Co (FRA:WDP0), the current Cyclically Adjusted FCF per Share is €0.28 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 The Walt Disney Co (FRA:WDP0) Overvalued in 2026?

Based on GuruFocus' analysis, The Walt Disney Co stock appears to be undervalued. The current stock price of €6.40 is trading 14.1% below its estimated GF Value™ of €7.45. GuruFocus considers The Walt Disney Co to be Modestly Undervalued.

Key valuation signals for FRA:WDP0:

  • Cyclically Adjusted FCF per Share: €0.28
  • GF Value™: €7.45 vs. price of €6.40 (14.1% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the FRA:WDP0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Walt Disney Co Business Description

Address 500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm's ownership of iconic franchises and characters. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses the ESPN family of TV networks and streaming services. Experiences contains Disney's theme parks, cruises, and vacation destinations and also engages in merchandise licensing.
86GF Score

Get the complete analysis for FRA:WDP0

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

€6.40
Price
€7.45
GF Value