Flying Cement Co (KAR:FLYNG) Cyclically Adjusted FCF per Share: ₨-4.42 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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KAR:FLYNG Flying Cement Co Ltd KAR:FLYNG
61 GF Score
Price ₨43.13
GF Value ₨53.38
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Flying Cement Co Cyclically Adjusted FCF per Share?

Flying Cement Co KAR:FLYNG 61 Cyclically Adjusted FCF per Share is ₨-4.42 as of Mar. 2026. GuruFocus rates KAR:FLYNG with a GF Score™ of 61/100 and a GF Value™ of ₨53.38 (Modestly Undervalued). 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.

Flying Cement Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₨-0.512. 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 ₨-4.42 for the trailing ten years ended in Mar. 2026.

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 (2026-08-19), Flying Cement Co's current stock price is ₨43.13. Flying Cement Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₨-4.42. Flying Cement Co's Cyclically Adjusted Price-to-FCF of today is .


Flying Cement Co  (KAR:FLYNG) 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.


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.


Flying Cement Co Cyclically Adjusted FCF per Share Related Terms


Flying Cement Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Flying Cement 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.

Flying Cement Co Cyclically Adjusted FCF per Share Chart

Flying Cement Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -4.25 -4.29

Flying Cement 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 -4.27 -4.29 -4.36 -4.25 -4.42

KAR:FLYNG vs CRH, VMC, MLM: Cyclically Adjusted FCF per Share Comparison

For the Building Materials subindustry, Flying Cement 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.


Flying Cement Co Cyclically Adjusted Price-to-FCF vs Building Materials Industry

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

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


KAR:FLYNG
61GF Score
Flying Cement Co Ltd KAR:FLYNG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flying Cement 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, Flying Cement 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)
=-0.512/330.2130*330.2130
=-0.512

Current CPI (Mar. 2026) = 330.2130.

Flying Cement Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.177 241.018 -0.243
201609 -1.099 241.428 -1.503
201612 -0.275 241.432 -0.376
201703 0.741 243.801 1.004
201706 -2.043 244.955 -2.754
201709 -1.595 246.819 -2.134
201712 -1.774 246.524 -2.376
201803 -3.720 249.554 -4.922
201806 -1.821 251.989 -2.386
201809 0.278 252.439 0.364
201812 -0.533 251.233 -0.701
201903 -0.600 254.202 -0.779
201906 -1.818 256.143 -2.344
201909 -3.249 256.759 -4.178
201912 -4.027 256.974 -5.175
202003 0.117 258.115 0.150
202006 -5.635 257.797 -7.218
202009 -3.781 260.280 -4.797
202012 0.538 260.474 0.682
202103 -0.249 264.877 -0.310
202106 -1.655 271.696 -2.011
202109 -2.804 274.310 -3.375
202112 0.110 278.802 0.130
202203 1.007 287.504 1.157
202206 -0.820 296.311 -0.914
202209 -0.035 296.808 -0.039
202212 0.077 296.797 0.086
202303 -0.847 301.836 -0.927
202306 -0.828 305.109 -0.896
202309 -0.123 307.789 -0.132
202312 -0.072 306.746 -0.078
202403 0.005 312.332 0.005
202406 0.277 314.175 0.291
202409 0.212 315.301 0.222
202412 0.652 315.605 0.682
202503 0.855 319.799 0.883
202506 0.951 322.561 0.974
202509 -0.402 324.800 -0.409
202512 0.617 324.054 0.629
202603 -0.512 330.213 -0.512

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 ₨-4.42 mean?
Flying Cement Co (KAR:FLYNG) has a Cyclically Adjusted FCF per Share of ₨-4.42 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 Flying Cement Co and its competitors.
Is Flying Cement Co's Cyclically Adjusted FCF per Share too high?
Flying Cement Co's current Cyclically Adjusted FCF per Share is ₨-4.42. Overall, Flying Cement Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flying Cement Co's Cyclically Adjusted FCF per Share compare to CRH and VMC?
Flying Cement Co's Cyclically Adjusted FCF per Share of ₨-4.42 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 Flying Cement Co and its competitors. Flying Cement Co's current Cyclically Adjusted FCF per Share is ₨-4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flying Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Flying Cement Co (KAR:FLYNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨53.38, compared to a current price of ₨43.13 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₨-4.42. Flying Cement Co's overall GF Score™ is 61/100 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 Flying Cement Co (KAR:FLYNG), the current Cyclically Adjusted FCF per Share is ₨-4.42 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 Flying Cement Co (KAR:FLYNG) Overvalued in 2026?

Based on GuruFocus' analysis, Flying Cement Co stock appears to be undervalued. The current stock price of ₨43.13 is trading 19.2% below its estimated GF Value™ of ₨53.38. GuruFocus considers Flying Cement Co to be Modestly Undervalued.

Key valuation signals for KAR:FLYNG:

  • Cyclically Adjusted FCF per Share: ₨-4.42
  • GF Value™: ₨53.38 vs. price of ₨43.13 (19.2% below fair value)
  • GF Score™: 61/100 with 2 warning signs

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


Flying Cement Co Business Description

Address 169-A, Allauddin Road, Lahore Cantonment, Lahore, PB, PAK, 54600
Flying Cement Co Ltd is engaged in the manufacturing, marketing, and sale of cement mainly in Pakistan.
61GF Score

Get the complete analysis for KAR:FLYNG

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

₨43.13
Price
₨53.38
GF Value