Magnora ASA (LTS:0MHQ) Cyclically Adjusted FCF per Share: kr-0.46 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:0MHQ Magnora ASA LTS:0MHQ
70 GF Score
Price kr23.80
GF Value kr21.67
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Magnora ASA Cyclically Adjusted FCF per Share?

Magnora ASA LTS:0MHQ +1.38% 70 Cyclically Adjusted FCF per Share is kr-0.46 as of Mar. 2026. GuruFocus rates LTS:0MHQ with a GF Score™ of 70/100 and a GF Value™ of kr21.67 (Fairly Valued). 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.

Magnora ASA's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr-0.570. 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 kr-0.46 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.30% 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 Magnora ASA was 68.90% per year. The lowest was 5.30% per year. And the median was 37.10% per year.

As of today (2026-07-23), Magnora ASA's current stock price is kr23.80. Magnora ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr-0.46. Magnora ASA's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Magnora ASA was 162.50. The lowest was 3.64. And the median was 31.18.


Magnora ASA  (LTS:0MHQ) 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 Magnora ASA was 162.50. The lowest was 3.64. And the median was 31.18.


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.


Magnora ASA Cyclically Adjusted FCF per Share Related Terms


Magnora ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Magnora ASA'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.

Magnora ASA Cyclically Adjusted FCF per Share Chart

Magnora ASA 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 0.23 -0.40 -0.38 -0.36 -0.34

Magnora ASA 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 -0.38 -0.49 -0.50 -0.34 -0.46

Magnora ASA Cyclically Adjusted FCF per Share Competitor Comparison

For the Utilities - Renewable subindustry, Magnora ASA'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.


Magnora ASA Cyclically Adjusted Price-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


LTS:0MHQ
70GF Score
Magnora ASA LTS:0MHQ
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnora ASA 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, Magnora ASA'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)
=-0.57/141.0300*141.0300
=-0.570

Current CPI (Mar. 2026) = 141.0300.

Magnora ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -1.164 103.800 -1.581
201609 -0.720 104.200 -0.974
201612 0.131 104.400 0.177
201703 -0.949 105.000 -1.275
201706 0.747 105.800 0.996
201709 -0.333 105.900 -0.443
201712 0.620 106.100 0.824
201803 0.213 107.300 0.280
201806 -0.055 108.500 -0.071
201809 -0.080 109.500 -0.103
201812 0.325 109.800 0.417
201903 0.067 110.400 0.086
201906 -0.002 110.600 -0.003
201909 0.081 111.100 0.103
201912 0.338 111.300 0.428
202003 0.245 111.200 0.311
202006 -0.030 112.100 -0.038
202009 0.109 112.900 0.136
202012 0.239 112.900 0.299
202103 -0.061 114.600 -0.075
202106 -0.100 115.300 -0.122
202109 -0.204 117.500 -0.245
202112 -0.053 118.900 -0.063
202203 -0.179 119.800 -0.211
202206 -0.462 122.600 -0.531
202209 -0.337 125.600 -0.378
202212 -0.298 125.900 -0.334
202303 0.573 127.600 0.633
202306 -0.294 130.400 -0.318
202309 -0.156 129.800 -0.169
202312 0.040 131.900 0.043
202403 -0.338 132.600 -0.359
202406 -0.351 133.800 -0.370
202409 -0.395 133.700 -0.417
202412 -0.495 134.800 -0.518
202503 -0.232 136.100 -0.240
202506 -0.429 137.800 -0.439
202509 -0.447 138.500 -0.455
202512 0.958 139.100 0.971
202603 -0.570 141.030 -0.570

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 kr-0.46 mean?
Magnora ASA (LTS:0MHQ) has a Cyclically Adjusted FCF per Share of kr-0.46 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 Magnora ASA and its competitors.
Is Magnora ASA's Cyclically Adjusted FCF per Share too high?
Magnora ASA's current Cyclically Adjusted FCF per Share is kr-0.46. Overall, Magnora ASA has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's Cyclically Adjusted FCF per Share compare to competitors?
Magnora ASA's Cyclically Adjusted FCF per Share of kr-0.46 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Independent Power Producers 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 Magnora ASA and its competitors. Magnora ASA's current Cyclically Adjusted FCF per Share is kr-0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnora ASA stock overvalued right now?
Based on GuruFocus' analysis, Magnora ASA (LTS:0MHQ) is currently considered Fairly Valued. The stock's GF Value™ is kr21.67, compared to a current price of kr23.80 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is kr-0.46. Magnora ASA's overall GF Score™ is 70/100 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 Magnora ASA (LTS:0MHQ), the current Cyclically Adjusted FCF per Share is kr-0.46 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 Magnora ASA (LTS:0MHQ) Overvalued in 2026?

Based on GuruFocus' analysis, Magnora ASA stock appears to be overvalued. The current stock price of kr23.80 is trading 9.8% above its estimated GF Value™ of kr21.67. GuruFocus considers Magnora ASA to be Fairly Valued.

Key valuation signals for LTS:0MHQ:

  • Cyclically Adjusted FCF per Share: kr-0.46
  • GF Value™: kr21.67 vs. price of kr23.80 (9.8% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Magnora ASA Business Description

Other Exchanges MGN:Norway4SM:Germany
Address Karenslyst Alle 6, 1st floor, Oslo, NOR, 0278
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.
70GF Score

Get the complete analysis for LTS:0MHQ

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

kr23.80
Price
kr21.67
GF Value