Cencora (MEX:COR) Cyclically Adjusted FCF per Share: MXN229.43 (As of Mar. 2026)

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MEX:COR Cencora Inc MEX:COR
55 GF Score
Price MXN5,413.67
GF Value MXN5,101.55
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Cencora Cyclically Adjusted FCF per Share?

Cencora MEX:COR 55 Cyclically Adjusted FCF per Share is MXN229.43 as of Mar. 2026. GuruFocus rates MEX:COR with a GF Score™ of 55/100 and a GF Value™ of MXN5,101.55 (Fairly Valued). 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.

Cencora's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN108.263. 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 MXN229.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cencora's average Cyclically Adjusted FCF Growth Rate was -8.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% 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 Cencora was 60.50% per year. The lowest was 7.90% per year. And the median was 14.90% per year.

As of today (2026-08-03), Cencora's current stock price is MXN5413.67. Cencora's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN229.43. Cencora's Cyclically Adjusted Price-to-FCF of today is 23.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cencora was 33.86. The lowest was 10.56. And the median was 15.37.


Cencora  (MEX:COR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5413.67/229.43
=23.60

* 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 Cencora was 33.86. The lowest was 10.56. And the median was 15.37.


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.


Cencora Cyclically Adjusted FCF per Share Related Terms


Cencora Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Cencora'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.

Cencora Cyclically Adjusted FCF per Share Chart

Cencora Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 222.79

Cencora 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 235.45 212.90 222.79 199.23 229.43

MEX:COR vs CAH, MCK, HSIC: Cyclically Adjusted FCF per Share Comparison

For the Medical Distribution subindustry, Cencora'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.


Cencora Cyclically Adjusted Price-to-FCF vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cencora's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:COR
55GF Score
Cencora Inc MEX:COR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cencora 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, Cencora'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)
=108.263/330.2130*330.2130
=108.263

Current CPI (Mar. 2026) = 330.2130.

Cencora Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 5.083 241.018 6.964
201609 102.267 241.428 139.876
201612 -52.721 241.432 -72.108
201703 57.309 243.801 77.621
201706 -28.794 244.955 -38.816
201709 105.411 246.819 141.027
201712 -5.631 246.524 -7.543
201803 -14.935 249.554 -19.762
201806 66.199 251.989 86.749
201809 49.658 252.439 64.957
201812 36.682 251.233 48.214
201903 49.472 254.202 64.265
201906 45.356 256.143 58.472
201909 54.763 256.759 70.430
201912 6.862 256.974 8.818
202003 87.855 258.115 112.395
202006 -21.855 257.797 -27.994
202009 127.802 260.280 162.140
202012 80.572 260.474 102.144
202103 -53.254 264.877 -66.390
202106 103.462 271.696 125.745
202109 82.415 274.310 99.211
202112 76.135 278.802 90.174
202203 12.861 287.504 14.772
202206 28.051 296.311 31.260
202209 94.939 296.808 105.624
202212 59.941 296.797 66.690
202303 46.476 301.836 50.845
202306 53.741 305.109 58.163
202309 141.431 307.789 151.735
202312 68.199 306.746 73.416
202403 -81.769 312.332 -86.450
202406 216.100 314.175 227.131
202409 81.327 315.301 85.173
202412 -301.815 315.605 -315.785
202503 337.888 319.799 348.891
202506 -7.134 322.561 -7.303
202509 270.797 324.800 275.310
202512 -223.509 324.054 -227.757
202603 108.263 330.213 108.263

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 MXN229.43 mean?
Cencora (MEX:COR) has a Cyclically Adjusted FCF per Share of MXN229.43 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 Cencora and its competitors.
Is Cencora's Cyclically Adjusted FCF per Share too high?
Cencora's current Cyclically Adjusted FCF per Share is MXN229.43. Overall, Cencora has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cencora's Cyclically Adjusted FCF per Share compare to CAH and MCK?
Cencora's Cyclically Adjusted FCF per Share of MXN229.43 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Cyclically Adjusted FCF per Share depends on the Medical Distribution 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 Cencora and its competitors. Cencora's current Cyclically Adjusted FCF per Share is MXN229.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cencora stock overvalued right now?
Based on GuruFocus' analysis, Cencora (MEX:COR) is currently considered Fairly Valued. The stock's GF Value™ is MXN5,101.55, compared to a current price of MXN5,413.67 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN229.43. Cencora's overall GF Score™ is 55/100 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 Cencora (MEX:COR), the current Cyclically Adjusted FCF per Share is MXN229.43 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 Cencora (MEX:COR) Overvalued in 2026?

Based on GuruFocus' analysis, Cencora stock appears to be overvalued. The current stock price of MXN5,413.67 is trading 6.1% above its estimated GF Value™ of MXN5,101.55. GuruFocus considers Cencora to be Fairly Valued.

Key valuation signals for MEX:COR:

  • Cyclically Adjusted FCF per Share: MXN229.43
  • GF Value™: MXN5,101.55 vs. price of MXN5,413.67 (6.1% above fair value)
  • GF Score™: 55/100 with 1 warning sign

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


Cencora Business Description

Address 1 West First Avenue, Conshohocken, PA, USA, 19428-1800
Cencora is one of three leading domestic pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health hold over 90% share of the US pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.
55GF Score

Get the complete analysis for MEX:COR

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

MXN5,413.67
Price
MXN5,101.55
GF Value