Befesa (MEX:BFSAN) Cyclically Adjusted FCF per Share: MXN36.54 (As of Jun. 2026)

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MEX:BFSAN Befesa SA MEX:BFSAN
60 GF Score
Price MXN689.53
GF Value MXN571.67
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Befesa Cyclically Adjusted FCF per Share?

Befesa MEX:BFSAN 60 Cyclically Adjusted FCF per Share is MXN36.54 as of Jun. 2026. GuruFocus rates MEX:BFSAN with a GF Score™ of 60/100 and a GF Value™ of MXN571.67 (Modestly Overvalued). The stock has 8 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.

Befesa's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN6.361. 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 MXN36.54 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Befesa's average Cyclically Adjusted FCF Growth Rate was 13.80% 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.

As of today (2026-08-10), Befesa's current stock price is MXN689.53. Befesa's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN36.54. Befesa's Cyclically Adjusted Price-to-FCF of today is 18.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Befesa was 20.83. The lowest was 14.94. And the median was 17.54.


Befesa  (MEX:BFSAN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=689.53/36.54
=18.87

* 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 Befesa was 20.83. The lowest was 14.94. And the median was 17.54.


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.


Befesa Cyclically Adjusted FCF per Share Related Terms


Befesa Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Befesa'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.

Befesa Cyclically Adjusted FCF per Share Chart

Befesa 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 36.94

Befesa 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 34.23 34.07 36.94 37.42 36.54

MEX:BFSAN vs WM, RSG, WCN: Cyclically Adjusted FCF per Share Comparison

For the Waste Management subindustry, Befesa'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.


Befesa Cyclically Adjusted Price-to-FCF vs Waste Management Industry

For the Waste Management industry and Industrials sector, Befesa's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:BFSAN
60GF Score
Befesa SA MEX:BFSAN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Befesa 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, Befesa'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)
=6.361/128.6000*128.6000
=6.361

Current CPI (Jun. 2026) = 128.6000.

Befesa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.000 100.750 0.000
201612 0.000 101.040 0.000
201703 14.822 101.780 18.728
201706 -0.932 102.170 -1.173
201709 8.473 102.520 10.628
201712 19.786 102.410 24.846
201803 1.365 102.900 1.706
201806 10.335 103.650 12.823
201809 0.884 104.580 1.087
201812 29.318 104.320 36.142
201903 2.897 105.140 3.543
201906 9.988 105.550 12.169
201909 -15.096 105.900 -18.332
201912 15.877 106.080 19.248
202003 -5.950 106.040 -7.216
202006 -8.938 106.340 -10.809
202009 13.739 106.620 16.571
202012 28.030 106.670 33.793
202103 -1.081 108.140 -1.286
202106 19.789 108.680 23.416
202109 -6.257 109.470 -7.350
202112 13.580 111.090 15.720
202203 -0.049 114.780 -0.055
202206 3.479 116.750 3.832
202209 -1.923 117.000 -2.114
202212 14.509 117.060 15.939
202303 -5.770 118.910 -6.240
202306 6.621 120.460 7.068
202309 -0.572 121.740 -0.604
202312 19.207 121.170 20.385
202403 -2.007 122.590 -2.105
202406 17.330 123.120 18.101
202409 11.874 123.300 12.384
202412 32.463 122.430 34.099
202503 8.857 124.210 9.170
202506 6.345 125.820 6.485
202509 18.403 126.570 18.698
202512 39.020 126.180 39.768
202603 6.486 127.160 6.559
202606 6.361 128.600 6.361

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 MXN36.54 mean?
Befesa (MEX:BFSAN) has a Cyclically Adjusted FCF per Share of MXN36.54 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 Befesa and its competitors.
Is Befesa's Cyclically Adjusted FCF per Share too high?
Befesa's current Cyclically Adjusted FCF per Share is MXN36.54. Overall, Befesa has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Befesa's Cyclically Adjusted FCF per Share compare to WM and RSG?
Befesa's Cyclically Adjusted FCF per Share of MXN36.54 can be compared against companies in the Waste Management 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 Waste Management company?
A good Cyclically Adjusted FCF per Share depends on the Waste Management 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 Befesa and its competitors. Befesa's current Cyclically Adjusted FCF per Share is MXN36.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befesa stock overvalued right now?
Based on GuruFocus' analysis, Befesa (MEX:BFSAN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN571.67, compared to a current price of MXN689.53 — trading 20.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN36.54. Befesa's overall GF Score™ is 60/100 with 8 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 Befesa (MEX:BFSAN), the current Cyclically Adjusted FCF per Share is MXN36.54 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 Befesa (MEX:BFSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Befesa stock appears to be overvalued. The current stock price of MXN689.53 is trading 20.6% above its estimated GF Value™ of MXN571.67. GuruFocus considers Befesa to be Modestly Overvalued.

Key valuation signals for MEX:BFSAN:

  • Cyclically Adjusted FCF per Share: MXN36.54
  • GF Value™: MXN571.67 vs. price of MXN689.53 (20.6% above fair value)
  • GF Score™: 60/100 with 8 warning signs

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


Befesa Business Description

Address 68-70, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2320
Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & Aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt slags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. Geographically, it generates the majority of its revenue from Spain, and also has a presence in Germany, Belgium, Finland, the Netherlands, Italy, France, and other countries.
60GF Score

Get the complete analysis for MEX:BFSAN

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

MXN689.53
Price
MXN571.67
GF Value