Eqva ASA (LTS:0QWR) Cyclically Adjusted FCF per Share: kr-0.88 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:0QWR Eqva ASA LTS:0QWR
52 GF Score
Price kr3.12
GF Value kr5.72
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Eqva ASA Cyclically Adjusted FCF per Share?

Eqva ASA LTS:0QWR 52 Cyclically Adjusted FCF per Share is kr-0.88 as of Mar. 2026. GuruFocus rates LTS:0QWR with a GF Score™ of 52/100 and a GF Value™ of kr5.72 (Significantly Undervalued). The stock has 3 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.

Eqva ASA's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr0.523. 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-0.88 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 (2026-07-21), Eqva ASA's current stock price is kr3.12. Eqva ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr-0.88. Eqva ASA's Cyclically Adjusted Price-to-FCF of today is .


Eqva ASA  (LTS:0QWR) 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.


Eqva ASA Cyclically Adjusted FCF per Share Related Terms


Eqva ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Eqva 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.

Eqva ASA Cyclically Adjusted FCF per Share Chart

Eqva 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 0.00 0.00 0.00 0.00 0.00

Eqva ASA Quarterly Data
Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 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 0.00 0.00 0.00 0.00 -0.88

Eqva ASA Cyclically Adjusted FCF per Share Competitor Comparison

For the Utilities - Renewable subindustry, Eqva 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.


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

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

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


LTS:0QWR
52GF Score
Eqva ASA LTS:0QWR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eqva 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, Eqva 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)
=0.523/141.0300*141.0300
=0.523

Current CPI (Mar. 2026) = 141.0300.

Eqva ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.378 99.200 -0.537
201506 -2.831 100.100 -3.989
201509 -0.261 100.600 -0.366
201512 2.398 100.900 3.352
201603 0.353 102.500 0.486
201606 1.325 103.800 1.800
201609 0.916 104.200 1.240
201612 0.400 104.400 0.540
201703 -3.312 105.000 -4.448
201706 5.684 105.800 7.577
201709 -0.615 105.900 -0.819
201712 -3.922 106.100 -5.213
201803 -1.072 107.300 -1.409
201806 1.384 108.500 1.799
201809 -0.726 109.500 -0.935
201812 4.685 109.800 6.018
201903 -0.304 110.400 -0.388
201906 7.498 110.600 9.561
201909 -14.951 111.100 -18.979
201912 1.685 111.300 2.135
202006 0.000 112.100 0.000
202009 0.493 112.900 0.616
202012 -3.517 112.900 -4.393
202106 0.000 115.300 0.000
202112 0.000 118.900 0.000
202206 0.000 122.600 0.000
202212 0.000 125.900 0.000
202303 0.000 127.600 0.000
202306 0.000 130.400 0.000
202309 0.000 129.800 0.000
202312 0.000 131.900 0.000
202403 0.000 132.600 0.000
202406 0.000 133.800 0.000
202409 0.000 133.700 0.000
202412 0.000 134.800 0.000
202503 0.000 136.100 0.000
202506 0.000 137.800 0.000
202509 0.000 138.500 0.000
202512 0.000 139.100 0.000
202603 0.523 141.030 0.523

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-0.88 mean?
Eqva ASA (LTS:0QWR) has a Cyclically Adjusted FCF per Share of kr-0.88 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 Eqva ASA and its competitors.
Is Eqva ASA's Cyclically Adjusted FCF per Share too high?
Eqva ASA's current Cyclically Adjusted FCF per Share is kr-0.88. Overall, Eqva ASA has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eqva ASA's Cyclically Adjusted FCF per Share compare to competitors?
Eqva ASA's Cyclically Adjusted FCF per Share of kr-0.88 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 Eqva ASA and its competitors. Eqva ASA's current Cyclically Adjusted FCF per Share is kr-0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqva ASA stock overvalued right now?
Based on GuruFocus' analysis, Eqva ASA (LTS:0QWR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr5.72, compared to a current price of kr3.12 — trading 45.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is kr-0.88. Eqva ASA's overall GF Score™ is 52/100 with 3 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 Eqva ASA (LTS:0QWR), the current Cyclically Adjusted FCF per Share is kr-0.88 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 Eqva ASA (LTS:0QWR) Overvalued in 2026?

Based on GuruFocus' analysis, Eqva ASA stock appears to be undervalued. The current stock price of kr3.12 is trading 45.5% below its estimated GF Value™ of kr5.72. GuruFocus considers Eqva ASA to be Significantly Undervalued.

Key valuation signals for LTS:0QWR:

  • Cyclically Adjusted FCF per Share: kr-0.88
  • GF Value™: kr5.72 vs. price of kr3.12 (45.5% below fair value)
  • GF Score™: 52/100 with 3 warning signs

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


Eqva ASA Business Description

Address Handelandsvegen 75, Valen, NOR, 5451
Eqva ASA is a Norway-based industrial investment company that acquires and develops companies providing productive, safe, and sustainable services and solutions to industrial customers. The Group operates through three main business segments: Industrial Solutions, Renewables, and Real Estate. The Industrial Solutions segment, which generates the majority of revenue, provides mechanical and electrical industrial services through companies including BKS Group, IMTAS Group, Austevoll Rorteknikk, and Kvinnherad Elektro. The Renewables segment develops and operates small-scale hydropower plants in Norway through Fossberg Kraft. The Real Estate segment includes the Group's real estate properties and development plans.
52GF Score

Get the complete analysis for LTS:0QWR

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

kr3.12
Price
kr5.72
GF Value