DSV AS (MEX:0JN9N) Cyclically Adjusted FCF per Share: MXN131.10 (As of Jun. 2026)

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MEX:0JN9N DSV AS MEX:0JN9N
76 GF Score
Price MXN4,377.64
GF Value MXN5,360.80
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is DSV AS Cyclically Adjusted FCF per Share?

DSV AS MEX:0JN9N 76 Cyclically Adjusted FCF per Share is MXN131.10 as of Jun. 2026. GuruFocus rates MEX:0JN9N with a GF Score™ of 76/100 and a GF Value™ of MXN5,360.80 (Modestly 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.

DSV AS's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN-11.867. 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 MXN131.10 for the trailing ten years ended in Jun. 2026.

During the past 12 months, DSV AS's average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 26.70% 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 DSV AS was 39.00% per year. The lowest was 15.40% per year. And the median was 27.80% per year.

As of today (2026-08-21), DSV AS's current stock price is MXN4377.64. DSV AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN131.10. DSV AS's Cyclically Adjusted Price-to-FCF of today is 33.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DSV AS was 99.64. The lowest was 25.71. And the median was 53.23.


DSV AS  (MEX:0JN9N) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4377.64/131.10
=33.39

* 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 DSV AS was 99.64. The lowest was 25.71. And the median was 53.23.


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.


DSV AS Cyclically Adjusted FCF per Share Related Terms


DSV AS Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for DSV AS'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.

DSV AS Cyclically Adjusted FCF per Share Chart

DSV AS 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 59.83 87.08 99.26 90.27 134.83

DSV AS 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 119.84 148.69 134.83 130.45 131.10

MEX:0JN9N vs UPS, FDX, JBHT: Cyclically Adjusted FCF per Share Comparison

For the Integrated Freight & Logistics subindustry, DSV AS'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.


DSV AS Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:0JN9N
76GF Score
DSV AS MEX:0JN9N
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DSV AS 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, DSV AS'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)
=-11.867/122.9700*122.9700
=-11.867

Current CPI (Jun. 2026) = 122.9700.

DSV AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.233 100.200 0.286
201612 0.902 100.300 1.106
201703 4.719 101.200 5.734
201706 14.672 101.200 17.828
201709 13.774 101.800 16.638
201712 23.251 101.300 28.225
201803 3.815 101.700 4.613
201806 14.964 102.300 17.988
201809 13.192 102.400 15.842
201812 18.250 102.100 21.980
201903 17.563 102.900 20.989
201906 29.841 102.900 35.661
201909 18.573 102.900 22.196
201912 15.254 102.900 18.229
202003 17.097 103.300 20.353
202006 40.230 103.200 47.937
202009 36.706 103.500 43.611
202012 39.296 103.400 46.733
202103 32.231 104.300 38.000
202106 23.353 105.000 27.350
202109 19.282 105.800 22.411
202112 69.829 106.600 80.552
202203 63.041 109.900 70.538
202206 82.571 113.600 89.382
202209 77.898 116.400 82.295
202212 82.005 115.900 87.007
202303 64.590 117.300 67.712
202306 45.156 116.400 47.705
202309 36.023 117.400 37.732
202312 16.948 116.700 17.859
202403 12.824 118.400 13.319
202406 24.272 118.500 25.188
202409 54.829 118.900 56.706
202412 28.832 118.900 29.819
202503 53.567 120.200 54.801
202506 51.505 120.700 52.474
202509 64.683 121.600 65.412
202512 61.872 121.200 62.776
202603 -5.664 121.680 -5.724
202606 -11.867 122.970 -11.867

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 MXN131.10 mean?
DSV AS (MEX:0JN9N) has a Cyclically Adjusted FCF per Share of MXN131.10 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 DSV AS and its competitors.
Is DSV AS's Cyclically Adjusted FCF per Share too high?
DSV AS's current Cyclically Adjusted FCF per Share is MXN131.10. Overall, DSV AS has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's Cyclically Adjusted FCF per Share compare to UPS and FDX?
DSV AS's Cyclically Adjusted FCF per Share of MXN131.10 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation 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 DSV AS and its competitors. DSV AS's current Cyclically Adjusted FCF per Share is MXN131.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (MEX:0JN9N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN5,360.80, compared to a current price of MXN4,377.64 — trading 18.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN131.10. DSV AS's overall GF Score™ is 76/100 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 DSV AS (MEX:0JN9N), the current Cyclically Adjusted FCF per Share is MXN131.10 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 DSV AS (MEX:0JN9N) Overvalued in 2026?

Based on GuruFocus' analysis, DSV AS stock appears to be undervalued. The current stock price of MXN4,377.64 is trading 18.3% below its estimated GF Value™ of MXN5,360.80. GuruFocus considers DSV AS to be Modestly Undervalued.

Key valuation signals for MEX:0JN9N:

  • Cyclically Adjusted FCF per Share: MXN131.10
  • GF Value™: MXN5,360.80 vs. price of MXN4,377.64 (18.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the MEX:0JN9N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DSV AS Business Description

Address Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
76GF Score

Get the complete analysis for MEX:0JN9N

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

MXN4,377.64
Price
MXN5,360.80
GF Value