Tieto Oyj (LTS:0KG0) Cyclically Adjusted FCF per Share: €2.11 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:0KG0 Tieto Oyj LTS:0KG0
67 GF Score
Price €18.87
GF Value €14.70
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Tieto Oyj Cyclically Adjusted FCF per Share?

Tieto Oyj LTS:0KG0 +1.59% 67 Cyclically Adjusted FCF per Share is €2.11 as of Jun. 2026. GuruFocus rates LTS:0KG0 with a GF Score™ of 67/100 and a GF Value™ of €14.70 (Modestly Overvalued). The stock has 6 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.

Tieto Oyj's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.038. 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 €2.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tieto Oyj's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% 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 Tieto Oyj was 7.10% per year. The lowest was 1.90% per year. And the median was 5.80% per year.

As of today (2026-08-08), Tieto Oyj's current stock price is €18.865. Tieto Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €2.11. Tieto Oyj's Cyclically Adjusted Price-to-FCF of today is 8.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tieto Oyj was 21.37. The lowest was 7.31. And the median was 14.70.


Tieto Oyj  (LTS:0KG0) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.865/2.11
=8.94

* 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 Tieto Oyj was 21.37. The lowest was 7.31. And the median was 14.70.


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.


Tieto Oyj Cyclically Adjusted FCF per Share Related Terms


Tieto Oyj Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tieto Oyj'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.

Tieto Oyj Cyclically Adjusted FCF per Share Chart

Tieto Oyj 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 1.78 1.94 1.97 2.00 2.02

Tieto Oyj 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 2.04 2.04 2.02 2.06 2.11

LTS:0KG0 vs IBM, ACN, FISV: Cyclically Adjusted FCF per Share Comparison

For the Information Technology Services subindustry, Tieto Oyj'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.


Tieto Oyj Cyclically Adjusted Price-to-FCF vs Software Industry

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

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


LTS:0KG0
67GF Score
Tieto Oyj LTS:0KG0
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Tieto Oyj 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, Tieto Oyj'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)
=0.038/125.0800*125.0800
=0.038

Current CPI (Jun. 2026) = 125.0800.

Tieto Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.031 100.540 -0.039
201612 0.351 101.020 0.435
201703 0.955 100.910 1.184
201706 -0.312 101.140 -0.386
201709 0.022 101.320 0.027
201712 0.746 101.510 0.919
201803 0.722 101.730 0.888
201806 0.024 102.320 0.029
201809 0.123 102.600 0.150
201812 0.876 102.710 1.067
201903 0.458 102.870 0.557
201906 0.332 103.360 0.402
201909 0.783 103.540 0.946
201912 1.258 103.650 1.518
202003 0.052 103.490 0.063
202006 0.566 103.320 0.685
202009 0.766 103.710 0.924
202012 0.903 103.890 1.087
202103 0.617 104.870 0.736
202106 -0.062 105.360 -0.074
202109 0.644 106.290 0.758
202112 1.215 107.490 1.414
202203 0.347 110.950 0.391
202206 -0.140 113.570 -0.154
202209 0.130 114.920 0.141
202212 1.194 117.320 1.273
202303 0.696 119.750 0.727
202306 -0.067 120.690 -0.069
202309 -0.157 121.280 -0.162
202312 1.062 121.540 1.093
202403 0.398 122.360 0.407
202406 0.373 122.230 0.382
202409 0.335 122.260 0.343
202412 0.915 122.390 0.935
202503 0.649 123.010 0.660
202506 0.252 122.530 0.257
202509 0.235 122.880 0.239
202512 0.755 122.670 0.770
202603 0.590 124.670 0.592
202606 0.038 125.080 0.038

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 €2.11 mean?
Tieto Oyj (LTS:0KG0) has a Cyclically Adjusted FCF per Share of €2.11 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 Tieto Oyj and its competitors.
Is Tieto Oyj's Cyclically Adjusted FCF per Share too high?
Tieto Oyj's current Cyclically Adjusted FCF per Share is €2.11. Overall, Tieto Oyj has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tieto Oyj's Cyclically Adjusted FCF per Share compare to IBM and ACN?
Tieto Oyj's Cyclically Adjusted FCF per Share of €2.11 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 Tieto Oyj and its competitors. Tieto Oyj's current Cyclically Adjusted FCF per Share is €2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tieto Oyj stock overvalued right now?
Based on GuruFocus' analysis, Tieto Oyj (LTS:0KG0) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.70, compared to a current price of €18.87 — trading 28.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.11. Tieto Oyj's overall GF Score™ is 67/100 with 6 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 Tieto Oyj (LTS:0KG0), the current Cyclically Adjusted FCF per Share is €2.11 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 Tieto Oyj (LTS:0KG0) Overvalued in 2026?

Based on GuruFocus' analysis, Tieto Oyj stock appears to be overvalued. The current stock price of €18.87 is trading 28.3% above its estimated GF Value™ of €14.70. GuruFocus considers Tieto Oyj to be Modestly Overvalued.

Key valuation signals for LTS:0KG0:

  • Cyclically Adjusted FCF per Share: €2.11
  • GF Value™: €14.70 vs. price of €18.87 (28.3% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the LTS:0KG0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tieto Oyj Business Description

Address Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, 02101
Tieto Oyj is a software and technology consulting company. The company provides software and digital engineering services to customers across multiple industries. Its operations include specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, as well as a technology consulting business. The company offers services in areas including software development, design, cloud, and artificial intelligence.
67GF Score

Get the complete analysis for LTS:0KG0

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

€18.87
Price
€14.70
GF Value