Corpay (MEX:CPAY) Cyclically Adjusted FCF per Share: MXN287.31 (As of Mar. 2026)

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MEX:CPAY Corpay Inc MEX:CPAY
93 GF Score
Price MXN5,209.00
GF Value MXN5,698.30
! 8 Warning Signs
View Full Analysis

What is Corpay Cyclically Adjusted FCF per Share?

Corpay MEX:CPAY 93 Cyclically Adjusted FCF per Share is MXN287.31 as of Mar. 2026. GuruFocus rates MEX:CPAY with a GF Score™ of 93/100 and a GF Value™ of MXN5,698.30. 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.

Corpay's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN-28.379. 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 MXN287.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Corpay's average Cyclically Adjusted FCF Growth Rate was 8.40% 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 16.30% 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 Corpay was 21.30% per year. The lowest was 15.40% per year. And the median was 18.50% per year.

As of today (2026-07-18), Corpay's current stock price is MXN5209.00. Corpay's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN287.31. Corpay's Cyclically Adjusted Price-to-FCF of today is 18.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Corpay was 53.00. The lowest was 16.35. And the median was 24.32.


Corpay  (MEX:CPAY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5209.00/287.31
=18.13

* 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 Corpay was 53.00. The lowest was 16.35. And the median was 24.32.


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.


Corpay Cyclically Adjusted FCF per Share Related Terms


Corpay Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Corpay'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.

Corpay Cyclically Adjusted FCF per Share Chart

Corpay 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 190.55 247.83 215.72 305.66 320.41

Corpay 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 339.32 392.26 425.48 320.41 287.31

MEX:CPAY vs OKTA, ZS, FFIV: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, Corpay'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.


Corpay Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Corpay's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:CPAY
93GF Score
Corpay Inc MEX:CPAY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corpay 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, Corpay'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)
=-28.379/330.2130*330.2130
=-28.379

Current CPI (Mar. 2026) = 330.2130.

Corpay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 14.829 241.018 20.317
201609 35.528 241.428 48.593
201612 62.084 241.432 84.914
201703 11.689 243.801 15.832
201706 23.604 244.955 31.820
201709 40.392 246.819 54.039
201712 48.317 246.524 64.719
201803 36.138 249.554 47.818
201806 11.655 251.989 15.273
201809 52.530 252.439 68.714
201812 69.992 251.233 91.995
201903 61.510 254.202 79.903
201906 50.096 256.143 64.582
201909 48.941 256.759 62.942
201912 71.900 256.974 92.392
202003 106.806 258.115 136.640
202006 96.926 257.797 124.153
202009 100.984 260.280 128.117
202012 54.327 260.474 68.872
202103 13.901 264.877 17.330
202106 58.894 271.696 71.578
202109 52.662 274.310 63.394
202112 141.080 278.802 167.095
202203 -36.072 287.504 -41.431
202206 30.564 296.311 34.061
202209 94.708 296.808 105.367
202212 71.391 296.797 79.429
202303 203.506 301.836 222.639
202306 40.941 305.109 44.310
202309 57.772 307.789 61.981
202312 157.326 306.746 169.362
202403 69.727 312.332 73.719
202406 127.304 314.175 133.803
202409 98.592 315.301 103.255
202412 176.433 315.605 184.599
202503 -33.999 319.799 -35.106
202506 286.702 322.561 293.503
202509 -110.853 324.800 -112.700
202512 195.252 324.054 198.963
202603 -28.379 330.213 -28.379

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 MXN287.31 mean?
Corpay (MEX:CPAY) has a Cyclically Adjusted FCF per Share of MXN287.31 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 Corpay and its competitors.
Is Corpay's Cyclically Adjusted FCF per Share too high?
Corpay's current Cyclically Adjusted FCF per Share is MXN287.31. Overall, Corpay has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Corpay's Cyclically Adjusted FCF per Share compare to OKTA and ZS?
Corpay's Cyclically Adjusted FCF per Share of MXN287.31 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 Corpay and its competitors. Corpay's current Cyclically Adjusted FCF per Share is MXN287.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corpay stock overvalued right now?
Corpay (MEX:CPAY) has a current Cyclically Adjusted FCF per Share of MXN287.31. The stock's GF Value™ is MXN5,698.30, compared to a current price of MXN5,209.00 — trading 8.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN287.31. Corpay's overall GF Score™ is 93/100 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 Corpay (MEX:CPAY), the current Cyclically Adjusted FCF per Share is MXN287.31 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 Corpay (MEX:CPAY) Overvalued in 2026?

Based on GuruFocus' analysis, Corpay stock appears to be undervalued. The current stock price of MXN5,209.00 is trading 8.6% below its estimated GF Value™ of MXN5,698.30.

Key valuation signals for MEX:CPAY:

  • Cyclically Adjusted FCF per Share: MXN287.31
  • GF Value™: MXN5,698.30 vs. price of MXN5,209.00 (8.6% below fair value)
  • GF Score™: 93/100 with 8 warning signs

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


Corpay Business Description

Address 3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
93GF Score

Get the complete analysis for MEX:CPAY

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

MXN5,209.00
Price
MXN5,698.30
GF Value