CGI (LTS:0A18) Cyclically Adjusted FCF per Share: C$7.51 (As of Jun. 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.

LTS:0A18 CGI Inc LTS:0A18
83 GF Score
Price C$99.88
GF Value C$172.70
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is CGI Cyclically Adjusted FCF per Share?

CGI LTS:0A18 83 Cyclically Adjusted FCF per Share is C$7.51 as of Jun. 2026. GuruFocus rates LTS:0A18 with a GF Score™ of 83/100 and a GF Value™ of C$172.70 (Significantly Undervalued). The stock has 1 warning sign 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.

CGI's adjusted free cash flow per share for the three months ended in Jun. 2026 was C$2.548. 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 C$7.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, CGI's average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.10% 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 CGI was 133.10% per year. The lowest was 11.40% per year. And the median was 15.90% per year.

As of today (2026-08-01), CGI's current stock price is C$99.88. CGI's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was C$7.51. CGI's Cyclically Adjusted Price-to-FCF of today is 13.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CGI was 35.64. The lowest was 11.71. And the median was 25.87.


CGI  (LTS:0A18) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=99.88/7.51
=13.30

* 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 CGI was 35.64. The lowest was 11.71. And the median was 25.87.


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.


CGI Cyclically Adjusted FCF per Share Related Terms


CGI Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CGI'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.

CGI Cyclically Adjusted FCF per Share Chart

CGI 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 5.09 5.73 6.28 7.45

CGI 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 7.02 7.45 7.34 7.44 7.51

LTS:0A18 vs IBM, ACN, FISV: Cyclically Adjusted FCF per Share Comparison

For the Information Technology Services subindustry, CGI'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.


CGI Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, CGI's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


LTS:0A18
83GF Score
CGI Inc LTS:0A18
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CGI 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, CGI'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)
=2.548/134.0005*134.0005
=2.548

Current CPI (Jun. 2026) = 134.0005.

CGI Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.068 101.765 1.406
201612 0.955 101.449 1.261
201703 1.002 102.634 1.308
201706 0.798 103.029 1.038
201709 1.006 103.345 1.304
201712 1.223 103.345 1.586
201803 1.233 105.004 1.573
201806 0.910 105.557 1.155
201809 0.974 105.636 1.236
201812 1.173 105.399 1.491
201903 1.416 106.979 1.774
201906 1.098 107.690 1.366
201909 1.232 107.611 1.534
201912 1.508 107.769 1.875
202003 1.231 107.927 1.528
202006 2.003 108.401 2.476
202009 1.646 108.164 2.039
202012 2.134 108.559 2.634
202103 2.004 110.298 2.435
202106 1.400 111.720 1.679
202109 1.878 112.905 2.229
202112 1.686 113.774 1.986
202203 1.673 117.646 1.906
202206 1.400 120.806 1.553
202209 1.708 120.648 1.897
202212 2.225 120.964 2.465
202303 1.646 122.702 1.798
202306 1.409 124.203 1.520
202309 2.317 125.230 2.479
202312 2.196 125.072 2.353
202403 1.829 126.258 1.941
202406 1.858 127.522 1.952
202409 2.502 127.285 2.634
202412 2.565 127.364 2.699
202503 1.612 129.181 1.672
202506 1.832 129.892 1.890
202509 2.707 130.287 2.784
202512 3.713 130.366 3.817
202603 1.795 132.262 1.819
202606 2.548 134.001 2.548

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 C$7.51 mean?
CGI (LTS:0A18) has a Cyclically Adjusted FCF per Share of C$7.51 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 CGI and its competitors.
Is CGI's Cyclically Adjusted FCF per Share too high?
CGI's current Cyclically Adjusted FCF per Share is C$7.51. Overall, CGI has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CGI's Cyclically Adjusted FCF per Share compare to IBM and ACN?
CGI's Cyclically Adjusted FCF per Share of C$7.51 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 CGI and its competitors. CGI's current Cyclically Adjusted FCF per Share is C$7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGI stock overvalued right now?
Based on GuruFocus' analysis, CGI (LTS:0A18) is currently considered Significantly Undervalued. The stock's GF Value™ is C$172.70, compared to a current price of C$99.88 — trading 42.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is C$7.51. CGI's overall GF Score™ is 83/100 with 1 warning sign 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 CGI (LTS:0A18), the current Cyclically Adjusted FCF per Share is C$7.51 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 CGI (LTS:0A18) Overvalued in 2026?

Based on GuruFocus' analysis, CGI stock appears to be undervalued. The current stock price of C$99.88 is trading 42.2% below its estimated GF Value™ of C$172.70. GuruFocus considers CGI to be Significantly Undervalued.

Key valuation signals for LTS:0A18:

  • Cyclically Adjusted FCF per Share: C$7.51
  • GF Value™: C$172.70 vs. price of C$99.88 (42.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the LTS:0A18 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CGI Business Description

Address 1350 Rene-Levesque Boulevard West, 25th Floor, Affaires Corporatives, Montreal, QC, CAN, H3G 1T4
CGI is a Canada-based IT-services provider with an embedded position in North America and Europe. The company is one of the major IT suppliers to different levels of government around the world. It offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services to governments and the private sector. With offices in over 40 countries, CGI follows a balanced global delivery model with most consultants in client proximity.
83GF Score

Get the complete analysis for LTS:0A18

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

C$99.88
Price
C$172.70
GF Value