Baidu (MEX:BIDUN) Cyclically Adjusted FCF per Share: MXN158.88 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:BIDUN Baidu Inc MEX:BIDUN
68 GF Score
Price MXN1,870.50
GF Value MXN1,837.37
Valuation Fairly Valued
! 5 Warning Signs
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What is Baidu Cyclically Adjusted FCF per Share?

Baidu MEX:BIDUN 68 Cyclically Adjusted FCF per Share is MXN158.88 as of Mar. 2026. GuruFocus rates MEX:BIDUN with a GF Score™ of 68/100 and a GF Value™ of MXN1,837.37 (Fairly Valued). The stock has 5 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.

Baidu's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN20.220. 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 MXN158.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Baidu's average Cyclically Adjusted FCF Growth Rate was -9.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.90% 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 Baidu was 1.40% per year. The lowest was -4.70% per year. And the median was -1.05% per year.

As of today (2026-07-26), Baidu's current stock price is MXN1870.50. Baidu's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN158.88. Baidu's Cyclically Adjusted Price-to-FCF of today is 11.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Baidu was 64.15. The lowest was 7.06. And the median was 12.23.


Baidu  (MEX:BIDUN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1870.50/158.88
=11.77

* 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 Baidu was 64.15. The lowest was 7.06. And the median was 12.23.


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.


Baidu Cyclically Adjusted FCF per Share Related Terms


Baidu Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Baidu'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.

Baidu Cyclically Adjusted FCF per Share Chart

Baidu 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 219.47 209.97 194.68 229.00 170.12

Baidu 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 208.49 181.54 172.85 170.12 158.88

MEX:BIDUN vs RDDT, TME, PINS: Cyclically Adjusted FCF per Share Comparison

For the Internet Content & Information subindustry, Baidu'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.


Baidu Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baidu's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:BIDUN
68GF Score
Baidu Inc MEX:BIDUN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baidu 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, Baidu'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)
=20.22/116.3033*116.3033
=20.220

Current CPI (Mar. 2026) = 116.3033.

Baidu Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 0.000 102.600 0.000
201703 0.000 103.200 0.000
201706 0.000 103.100 0.000
201709 0.000 104.100 0.000
201712 0.000 104.500 0.000
201803 0.000 105.300 0.000
201806 0.000 104.900 0.000
201809 0.000 106.600 0.000
201812 0.000 106.500 0.000
201903 13.729 107.700 14.826
201906 55.347 107.700 59.768
201909 70.199 109.800 74.357
201912 85.696 111.200 89.629
202003 21.108 112.300 21.860
202006 77.367 110.400 81.504
202009 73.558 111.700 76.589
202012 53.607 111.500 55.916
202103 37.235 112.662 38.439
202106 70.704 111.769 73.572
202109 30.770 112.215 31.891
202112 43.133 113.108 44.352
202203 16.985 114.335 17.277
202206 65.899 114.558 66.903
202209 71.806 115.339 72.407
202212 62.722 115.116 63.369
202303 43.077 115.116 43.521
202306 71.848 114.558 72.943
202309 63.906 115.339 64.440
202312 71.355 114.781 72.301
202403 40.723 115.227 41.103
202406 60.369 114.781 61.170
202409 34.155 115.785 34.308
202412 19.400 114.893 19.638
202503 -49.053 115.116 -49.559
202506 -6.739 114.907 -6.821
202509 9.538 115.471 9.607
202512 19.256 115.832 19.334
202603 20.220 116.303 20.220

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 MXN158.88 mean?
Baidu (MEX:BIDUN) has a Cyclically Adjusted FCF per Share of MXN158.88 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 Baidu and its competitors.
Is Baidu's Cyclically Adjusted FCF per Share too high?
Baidu's current Cyclically Adjusted FCF per Share is MXN158.88. Overall, Baidu has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baidu's Cyclically Adjusted FCF per Share compare to RDDT and TME?
Baidu's Cyclically Adjusted FCF per Share of MXN158.88 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media 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 Baidu and its competitors. Baidu's current Cyclically Adjusted FCF per Share is MXN158.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baidu stock overvalued right now?
Based on GuruFocus' analysis, Baidu (MEX:BIDUN) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,837.37, compared to a current price of MXN1,870.50 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN158.88. Baidu's overall GF Score™ is 68/100 with 5 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 Baidu (MEX:BIDUN), the current Cyclically Adjusted FCF per Share is MXN158.88 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 Baidu (MEX:BIDUN) Overvalued in 2026?

Based on GuruFocus' analysis, Baidu stock appears to be overvalued. The current stock price of MXN1,870.50 is trading 1.8% above its estimated GF Value™ of MXN1,837.37. GuruFocus considers Baidu to be Fairly Valued.

Key valuation signals for MEX:BIDUN:

  • Cyclically Adjusted FCF per Share: MXN158.88
  • GF Value™: MXN1,837.37 vs. price of MXN1,870.50 (1.8% above fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Baidu Business Description

Address No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Most of Baidu's revenue comes from Baidu core, with the rest coming from video-streaming subsidiary iQiyi. The firm's main businesses include online marketing services from its search engine, AI cloud infrastructure, AI applications, AI marketing, and autonomous driving.
68GF Score

Get the complete analysis for MEX:BIDUN

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

MXN1,870.50
Price
MXN1,837.37
GF Value