FMC (LTS:0IK3) Cyclically Adjusted FCF per Share: $2.51 (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:0IK3 FMC Corp LTS:0IK3
53 GF Score
Price $10.94
GF Value $35.61
Valuation Possible Value Trap
! 7 Warning Signs
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What is FMC Cyclically Adjusted FCF per Share?

FMC LTS:0IK3 -4.30% 53 Cyclically Adjusted FCF per Share is $2.51 as of Jun. 2026. GuruFocus rates LTS:0IK3 with a GF Score™ of 53/100 and a GF Value™ of $35.61 (Possible Value Trap). 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.

FMC's adjusted free cash flow per share for the three months ended in Jun. 2026 was $2.704. 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 $2.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, FMC's average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% 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 FMC was 255.70% per year. The lowest was -73.50% per year. And the median was 9.50% per year.

As of today (2026-08-01), FMC's current stock price is $10.941. FMC's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was $2.51. FMC's Cyclically Adjusted Price-to-FCF of today is 4.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of FMC was 86.71. The lowest was 4.35. And the median was 55.12.


FMC  (LTS:0IK3) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.941/2.51
=4.36

* 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 FMC was 86.71. The lowest was 4.35. And the median was 55.12.


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.


FMC Cyclically Adjusted FCF per Share Related Terms


FMC Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for FMC'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.

FMC Cyclically Adjusted FCF per Share Chart

FMC 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 2.29 2.62 2.12 2.45 2.84

FMC 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 2.32 2.28 2.84 2.23 2.51

LTS:0IK3 vs UAN, IPI, VRDR: Cyclically Adjusted FCF per Share Comparison

For the Agricultural Inputs subindustry, FMC'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.


FMC Cyclically Adjusted Price-to-FCF vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


LTS:0IK3
53GF Score
FMC Corp LTS:0IK3
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FMC 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, FMC'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)
=2.704/333.9520*333.9520
=2.704

Current CPI (Jun. 2026) = 333.9520.

FMC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.958 241.428 1.325
201612 0.696 241.432 0.963
201703 -0.323 243.801 -0.442
201706 2.085 244.955 2.843
201709 0.316 246.819 0.428
201712 0.112 246.524 0.152
201803 -0.685 249.554 -0.917
201806 1.881 251.989 2.493
201809 1.503 252.439 1.988
201812 -0.613 251.233 -0.815
201903 -2.224 254.202 -2.922
201906 0.267 256.143 0.348
201909 1.777 256.759 2.311
201912 3.222 256.974 4.187
202003 -2.635 258.115 -3.409
202006 1.738 257.797 2.251
202009 2.515 260.280 3.227
202012 2.823 260.474 3.619
202103 -2.517 264.877 -3.173
202106 1.611 271.696 1.980
202109 2.222 274.310 2.705
202112 4.332 278.802 5.189
202203 -5.196 287.504 -6.035
202206 1.197 296.311 1.349
202209 2.858 296.808 3.216
202212 4.633 296.797 5.213
202303 -7.221 301.836 -7.989
202306 0.703 305.109 0.769
202309 0.275 307.789 0.298
202312 2.140 306.746 2.330
202403 -1.478 312.332 -1.580
202406 2.273 314.175 2.416
202409 1.000 315.301 1.059
202412 3.013 315.605 3.188
202503 -4.716 319.799 -4.925
202506 0.275 322.561 0.285
202509 -1.852 324.800 -1.904
202512 4.878 324.054 5.027
202603 -5.054 330.213 -5.111
202606 2.704 333.952 2.704

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 $2.51 mean?
FMC (LTS:0IK3) has a Cyclically Adjusted FCF per Share of $2.51 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 FMC and its competitors.
Is FMC's Cyclically Adjusted FCF per Share too high?
FMC's current Cyclically Adjusted FCF per Share is $2.51. Overall, FMC has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FMC's Cyclically Adjusted FCF per Share compare to UAN and IPI?
FMC's Cyclically Adjusted FCF per Share of $2.51 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Cyclically Adjusted FCF per Share depends on the Agriculture 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 FMC and its competitors. FMC's current Cyclically Adjusted FCF per Share is $2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FMC stock overvalued right now?
Based on GuruFocus' analysis, FMC (LTS:0IK3) is currently considered Possible Value Trap. The stock's GF Value™ is $35.61, compared to a current price of $10.94 — trading 69.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $2.51. FMC's overall GF Score™ is 53/100 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 FMC (LTS:0IK3), the current Cyclically Adjusted FCF per Share is $2.51 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 FMC (LTS:0IK3) Overvalued in 2026?

Based on GuruFocus' analysis, FMC stock appears to be undervalued. The current stock price of $10.94 is trading 69.3% below its estimated GF Value™ of $35.61. GuruFocus considers FMC to be Possible Value Trap.

Key valuation signals for LTS:0IK3:

  • Cyclically Adjusted FCF per Share: $2.51
  • GF Value™: $35.61 vs. price of $10.94 (69.3% below fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the LTS:0IK3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FMC Business Description

Address 2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
53GF Score

Get the complete analysis for LTS:0IK3

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

$10.94
Price
$35.61
GF Value