LUGDF (Lundin Gold) Cyclically Adjusted FCF per Share: $1.09 (As of Mar. 2026)


LUGDF Lundin Gold Inc LUGDF
89 GF Score
Price $53.97
GF Value $45.79
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Lundin Gold Cyclically Adjusted FCF per Share?

Lundin Gold LUGDF -0.30% 89 Cyclically Adjusted FCF per Share is $1.09 as of Mar. 2026. GuruFocus rates LUGDF with a GF Score™ of 89/100 and a GF Value™ of $45.79 (Modestly Overvalued). 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.

Lundin Gold's adjusted free cash flow per share for the three months ended in Mar. 2026 was $1.445. 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 $1.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lundin Gold's average Cyclically Adjusted FCF Growth Rate was 100.00% 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 Lundin Gold was 72.30% per year. The lowest was -4.50% per year. And the median was 10.80% per year.

As of today (2026-06-30), Lundin Gold's current stock price is $53.97. Lundin Gold's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $1.09. Lundin Gold's Cyclically Adjusted Price-to-FCF of today is 49.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lundin Gold was 220.08. The lowest was 47.46. And the median was 69.57.


Lundin Gold  (OTCPK:LUGDF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=53.97/1.09
=49.51

* 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 Lundin Gold was 220.08. The lowest was 47.46. And the median was 69.57.


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.


Lundin Gold Cyclically Adjusted FCF per Share Related Terms


Lundin Gold Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Lundin Gold'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.

Lundin Gold Cyclically Adjusted FCF per Share Chart

Lundin Gold 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 -0.16 -0.01 0.21 0.45 0.93

Lundin Gold 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 0.53 0.68 0.76 0.93 1.09

LUGDF vs NEM, AU: Cyclically Adjusted FCF per Share Comparison

For the Gold subindustry, Lundin Gold'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.


Lundin Gold Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lundin Gold's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


LUGDF
89GF Score
Lundin Gold Inc LUGDF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lundin Gold 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, Lundin Gold'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)
=1.445/132.2623*132.2623
=1.445

Current CPI (Mar. 2026) = 132.2623.

Lundin Gold Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.115 102.002 -0.149
201609 -0.094 101.765 -0.122
201612 -0.180 101.449 -0.235
201703 -0.039 102.634 -0.050
201706 -0.118 103.029 -0.151
201709 -0.033 103.345 -0.042
201712 -0.049 103.345 -0.063
201803 -0.094 105.004 -0.118
201806 -0.021 105.557 -0.026
201809 -0.102 105.636 -0.128
201812 0.027 105.399 0.034
201903 -0.011 106.979 -0.014
201906 -0.537 107.690 -0.660
201909 -0.488 107.611 -0.600
201912 -0.429 107.769 -0.526
202003 -0.025 107.927 -0.031
202006 -0.092 108.401 -0.112
202009 0.041 108.164 0.050
202012 0.311 108.559 0.379
202103 0.266 110.298 0.319
202106 0.548 111.720 0.649
202109 0.299 112.905 0.350
202112 0.424 113.774 0.493
202203 0.493 117.646 0.554
202206 0.208 120.806 0.228
202209 0.369 120.648 0.405
202212 0.503 120.964 0.550
202303 0.607 122.702 0.654
202306 0.629 124.203 0.670
202309 0.428 125.230 0.452
202312 0.335 125.072 0.354
202403 0.382 126.258 0.400
202406 0.546 127.522 0.566
202409 0.760 127.285 0.790
202412 0.807 127.364 0.838
202503 0.715 129.181 0.732
202506 0.979 129.892 0.997
202509 0.802 130.287 0.814
202512 1.477 130.366 1.498
202603 1.445 132.262 1.445

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 $1.09 mean?
Lundin Gold (LUGDF) has a Cyclically Adjusted FCF per Share of $1.09 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 Lundin Gold and its competitors.
Is Lundin Gold's Cyclically Adjusted FCF per Share too high?
Lundin Gold's current Cyclically Adjusted FCF per Share is $1.09. Overall, Lundin Gold has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Gold's Cyclically Adjusted FCF per Share compare to NEM and AU?
Lundin Gold's Cyclically Adjusted FCF per Share of $1.09 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 Lundin Gold and its competitors. Lundin Gold's current Cyclically Adjusted FCF per Share is $1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Gold stock overvalued right now?
Based on GuruFocus' analysis, Lundin Gold (LUGDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.79, compared to a current price of $53.97 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $1.09. Lundin Gold's overall GF Score™ is 89/100 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 Lundin Gold (LUGDF), the current Cyclically Adjusted FCF per Share is $1.09 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 Lundin Gold (LUGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Lundin Gold stock appears to be overvalued. The current stock price of $53.97 is trading 17.9% above its estimated GF Value™ of $45.79. GuruFocus considers Lundin Gold to be Modestly Overvalued.

Key valuation signals for LUGDF:

  • Cyclically Adjusted FCF per Share: $1.09
  • GF Value™: $45.79 vs. price of $53.97 (17.9% above fair value)
  • GF Score™: 89/100 with 1 warning sign

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


Lundin Gold Business Description

Address 1055 Dunsmuir Street, Suite 2800, Four Bentall Centre, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador. The company[s primary business activity is the Fruta del Norte operating mine in Ecuador which derives majority of its revenues.
89GF Score

Get the complete analysis for LUGDF

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

$53.97
Price
$45.79
GF Value