DHT Holdings (MEX:DHTN) Cyclically Adjusted FCF per Share: MXN4.07 (As of Mar. 2026)


MEX:DHTN DHT Holdings Inc MEX:DHTN
61 GF Score
Price MXN311.00
GF Value MXN191.99
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is DHT Holdings Cyclically Adjusted FCF per Share?

DHT Holdings MEX:DHTN 61 Cyclically Adjusted FCF per Share is MXN4.07 as of Mar. 2026. GuruFocus rates MEX:DHTN with a GF Score™ of 61/100 and a GF Value™ of MXN191.99 (Significantly Overvalued). The stock has 4 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.

DHT Holdings's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN-7.186. 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 MXN4.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DHT Holdings's average Cyclically Adjusted FCF Growth Rate was -8.00% 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 DHT Holdings was 41.80% per year. The lowest was -54.80% per year. And the median was 1.55% per year.

As of today (2026-06-25), DHT Holdings's current stock price is MXN311.00. DHT Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN4.07. DHT Holdings's Cyclically Adjusted Price-to-FCF of today is 76.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DHT Holdings was 97.45. The lowest was 1.41. And the median was 40.00.


DHT Holdings  (MEX:DHTN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=311.00/4.07
=76.41

* 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 DHT Holdings was 97.45. The lowest was 1.41. And the median was 40.00.


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.


DHT Holdings Cyclically Adjusted FCF per Share Related Terms


DHT Holdings Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for DHT Holdings'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.

DHT Holdings Cyclically Adjusted FCF per Share Chart

DHT Holdings 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 -7.89 -10.89 -7.85 5.49 3.73

DHT Holdings 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 5.43 5.70 3.97 3.73 4.07

MEX:DHTN vs TNK, NGL, SUNC: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:DHTN
61GF Score
DHT Holdings Inc MEX:DHTN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHT Holdings 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, DHT Holdings'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)
=-7.186/330.2130*330.2130
=-7.186

Current CPI (Mar. 2026) = 330.2130.

DHT Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 5.120 241.018 7.015
201609 -8.700 241.428 -11.899
201612 5.572 241.432 7.621
201703 -4.784 243.801 -6.480
201706 -24.449 244.955 -32.959
201709 0.289 246.819 0.387
201712 -1.354 246.524 -1.814
201803 -0.240 249.554 -0.318
201806 -10.462 251.989 -13.710
201809 -8.212 252.439 -10.742
201812 -5.420 251.233 -7.124
201903 4.789 254.202 6.221
201906 4.025 256.143 5.189
201909 1.074 256.759 1.381
201912 2.255 256.974 2.898
202003 17.744 258.115 22.700
202006 24.025 257.797 30.774
202009 16.535 260.280 20.978
202012 8.142 260.474 10.322
202103 -15.541 264.877 -19.374
202106 1.927 271.696 2.342
202109 -0.623 274.310 -0.750
202112 0.584 278.802 0.692
202203 0.404 287.504 0.464
202206 2.641 296.311 2.943
202209 0.382 296.808 0.425
202212 10.674 296.797 11.876
202303 5.696 301.836 6.232
202306 7.232 305.109 7.827
202309 -4.014 307.789 -4.306
202312 4.219 306.746 4.542
202403 6.784 312.332 7.172
202406 3.470 314.175 3.647
202409 6.369 315.301 6.670
202412 6.825 315.605 7.141
202503 4.256 319.799 4.395
202506 5.119 322.561 5.240
202509 2.544 324.800 2.586
202512 -14.848 324.054 -15.130
202603 -7.186 330.213 -7.186

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 MXN4.07 mean?
DHT Holdings (MEX:DHTN) has a Cyclically Adjusted FCF per Share of MXN4.07 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 DHT Holdings and its competitors.
Is DHT Holdings' Cyclically Adjusted FCF per Share too high?
DHT Holdings' current Cyclically Adjusted FCF per Share is MXN4.07. Overall, DHT Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Cyclically Adjusted FCF per Share compare to TNK and NGL?
DHT Holdings' Cyclically Adjusted FCF per Share of MXN4.07 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas 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 DHT Holdings and its competitors. DHT Holdings's current Cyclically Adjusted FCF per Share is MXN4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (MEX:DHTN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN191.99, compared to a current price of MXN311.00 — trading 62% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN4.07. DHT Holdings' overall GF Score™ is 61/100 with 4 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 DHT Holdings (MEX:DHTN), the current Cyclically Adjusted FCF per Share is MXN4.07 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 DHT Holdings (MEX:DHTN) Overvalued in 2026?

Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued. The current stock price of MXN311.00 is trading 62% above its estimated GF Value™ of MXN191.99. GuruFocus considers DHT Holdings to be Significantly Overvalued.

Key valuation signals for MEX:DHTN:

  • Cyclically Adjusted FCF per Share: MXN4.07
  • GF Value™: MXN191.99 vs. price of MXN311.00 (62% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


DHT Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DHT:USAD8EN:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
61GF Score

Get the complete analysis for MEX:DHTN

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

MXN311.00
Price
MXN191.99
GF Value