JOE (The St. Joe Co) Cyclically Adjusted FCF per Share: $-0.30 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

JOE The St. Joe Co JOE
91 GF Score
Price $60.24
GF Value $75.29
Valuation Modestly Undervalued
! 4 Warning Signs
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What is The St. Joe Co Cyclically Adjusted FCF per Share?

The St. Joe Co JOE -0.51% 91 Cyclically Adjusted FCF per Share is $-0.30 as of Mar. 2026. GuruFocus rates JOE with a GF Score™ of 91/100 and a GF Value™ of $75.29 (Modestly Undervalued). 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.

The St. Joe Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.603. 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 $-0.30 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -34.40% 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 St. Joe Co was 85.00% per year. The lowest was -59.70% per year. And the median was -10.20% per year.

As of today (2026-07-20), The St. Joe Co's current stock price is $60.24. The St. Joe Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-0.30. The St. Joe Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The St. Joe Co was 385.64. The lowest was 22.22. And the median was 52.18.


The St. Joe Co  (NYSE:JOE) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The St. Joe Co was 385.64. The lowest was 22.22. And the median was 52.18.


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 St. Joe Co Cyclically Adjusted FCF per Share Related Terms


The St. Joe Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for The St. Joe 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 St. Joe Co Cyclically Adjusted FCF per Share Chart

The St. Joe Co 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 0.24 -0.14 -0.22 -0.60 -0.34

The St. Joe 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 -0.57 -0.59 -0.45 -0.34 -0.30

JOE vs STRS: Cyclically Adjusted FCF per Share Comparison

For the Real Estate - Diversified subindustry, The St. Joe 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 St. Joe Co Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, The St. Joe Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


JOE
91GF Score
The St. Joe Co JOE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The St. Joe 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 St. Joe 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)
=0.603/330.2130*330.2130
=0.603

Current CPI (Mar. 2026) = 330.2130.

The St. Joe Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.063 241.018 0.086
201609 -0.027 241.428 -0.037
201612 -0.009 241.432 -0.012
201703 0.024 243.801 0.033
201706 0.374 244.955 0.504
201709 -0.109 246.819 -0.146
201712 0.019 246.524 0.025
201803 -0.035 249.554 -0.046
201806 0.456 251.989 0.598
201809 -0.004 252.439 -0.005
201812 -0.173 251.233 -0.227
201903 -0.186 254.202 -0.242
201906 -0.174 256.143 -0.224
201909 -0.258 256.759 -0.332
201912 -0.112 256.974 -0.144
202003 -0.528 258.115 -0.675
202006 -0.373 257.797 -0.478
202009 -0.332 260.280 -0.421
202012 -0.197 260.474 -0.250
202103 -0.260 264.877 -0.324
202106 -0.117 271.696 -0.142
202109 -0.425 274.310 -0.512
202112 0.094 278.802 0.111
202203 -0.565 287.504 -0.649
202206 -0.796 296.311 -0.887
202209 -0.841 296.808 -0.936
202212 -1.395 296.797 -1.552
202303 -0.426 301.836 -0.466
202306 -0.077 305.109 -0.083
202309 0.168 307.789 0.180
202312 -0.284 306.746 -0.306
202403 0.229 312.332 0.242
202406 0.152 314.175 0.160
202409 0.240 315.301 0.251
202412 0.374 315.605 0.391
202503 0.402 319.799 0.415
202506 0.385 322.561 0.394
202509 1.394 324.800 1.417
202512 0.701 324.054 0.714
202603 0.603 330.213 0.603

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 $-0.30 mean?
The St. Joe Co (JOE) has a Cyclically Adjusted FCF per Share of $-0.30 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 St. Joe Co and its competitors.
Is The St. Joe Co's Cyclically Adjusted FCF per Share too high?
The St. Joe Co's current Cyclically Adjusted FCF per Share is $-0.30. Overall, The St. Joe Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The St. Joe Co's Cyclically Adjusted FCF per Share compare to STRS?
The St. Joe Co's Cyclically Adjusted FCF per Share of $-0.30 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 St. Joe Co and its competitors. The St. Joe Co's current Cyclically Adjusted FCF per Share is $-0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The St. Joe Co stock overvalued right now?
Based on GuruFocus' analysis, The St. Joe Co (JOE) is currently considered Modestly Undervalued. The stock's GF Value™ is $75.29, compared to a current price of $60.24 — trading 20% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $-0.30. The St. Joe Co's overall GF Score™ is 91/100 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 The St. Joe Co (JOE), the current Cyclically Adjusted FCF per Share is $-0.30 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 St. Joe Co (JOE) Overvalued in 2026?

Based on GuruFocus' analysis, The St. Joe Co stock appears to be undervalued. The current stock price of $60.24 is trading 20% below its estimated GF Value™ of $75.29. GuruFocus considers The St. Joe Co to be Modestly Undervalued.

Key valuation signals for JOE:

  • Cyclically Adjusted FCF per Share: $-0.30
  • GF Value™: $75.29 vs. price of $60.24 (20% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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


The St. Joe Co Business Description

Other Exchanges JOE:Germany
Address 130 Richard Jackson Boulevard, Suite 200, Panama City Beach, FL, USA, 32407
The St. Joe Co is a real estate development, asset management, and operating company and it has three operating segments; the Residential segment plans and develops residential communities and sells homesites to homebuilders or retail consumers, the Hospitality segment that derives maximum revenue, features a private membership club, hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas, and other entertainment assets, and Commercial segment include leasing of commercial property, multi-family, senior living, self-storage, and other assets and it also oversees the planning, development, entitlement, management, and sale of commercial and rural land holdings.
91GF Score

Get the complete analysis for JOE

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

$60.24
Price
$75.29
GF Value