The Descartes Systems Group (MEX:DSG N) Cyclically Adjusted FCF per Share: MXN34.59 (As of Apr. 2026)

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MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
88 GF Score
Price MXN1,264.95
GF Value MXN1,930.98
! 1 Warning Sign
View Full Analysis

What is The Descartes Systems Group Cyclically Adjusted FCF per Share?

The Descartes Systems Group MEX:DSG N 88 Cyclically Adjusted FCF per Share is MXN34.59 as of Apr. 2026. GuruFocus rates MEX:DSG N with a GF Score™ of 88/100 and a GF Value™ of MXN1,930.98. 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.

The Descartes Systems Group's adjusted free cash flow per share for the three months ended in Apr. 2026 was MXN14.544. 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 MXN34.59 for the trailing ten years ended in Apr. 2026.

During the past 12 months, The Descartes Systems Group's average Cyclically Adjusted FCF Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.30% 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 The Descartes Systems Group was 95.70% per year. The lowest was 15.90% per year. And the median was 21.60% per year.

As of today (2026-08-14), The Descartes Systems Group's current stock price is MXN1264.95. The Descartes Systems Group's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was MXN34.59. The Descartes Systems Group's Cyclically Adjusted Price-to-FCF of today is 36.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Descartes Systems Group was 90.93. The lowest was 34.24. And the median was 61.22.


The Descartes Systems Group  (MEX:DSG N) 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.

The Descartes Systems Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1264.95/34.59
=36.57

* 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 The Descartes Systems Group was 90.93. The lowest was 34.24. And the median was 61.22.


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.


The Descartes Systems Group Cyclically Adjusted FCF per Share Related Terms


The Descartes Systems Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Cyclically Adjusted FCF per Share Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.11 21.36 20.63 16.54 31.72

The Descartes Systems Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 19.95 20.57 25.22 31.72 34.59

MEX:DSG N vs QH, SHOP, UBER: Cyclically Adjusted FCF per Share Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Cyclically Adjusted Price-to-FCF vs Software Industry

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

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


MEX:DSG N
88GF Score
The Descartes Systems Group Inc MEX:DSG N
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Descartes Systems Group 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, The Descartes Systems Group's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=14.544/132.7364*132.7364
=14.544

Current CPI (Apr. 2026) = 132.7364.

The Descartes Systems Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 3.663 101.844 4.774
201610 4.785 102.002 6.227
201701 5.067 102.318 6.573
201704 3.874 103.029 4.991
201707 3.774 103.029 4.862
201710 4.132 103.424 5.303
201801 4.421 104.056 5.640
201804 4.324 105.320 5.450
201807 4.126 106.110 5.161
201810 4.706 105.952 5.896
201901 4.795 105.557 6.030
201904 5.348 107.453 6.606
201907 5.987 108.243 7.342
201910 5.852 107.927 7.197
202001 5.600 108.085 6.877
202004 7.439 107.216 9.210
202007 8.559 108.401 10.480
202010 8.017 108.638 9.795
202101 8.380 109.192 10.187
202104 9.200 110.851 11.016
202107 10.469 112.431 12.360
202110 10.018 113.695 11.696
202201 10.650 114.801 12.314
202204 10.090 118.357 11.316
202207 10.522 120.964 11.546
202210 11.454 121.517 12.512
202301 10.637 121.596 11.612
202304 9.881 123.571 10.614
202307 9.600 124.914 10.201
202310 11.355 125.310 12.028
202401 9.885 125.072 10.491
202404 12.140 126.890 12.699
202407 7.053 128.075 7.310
202410 13.493 127.838 14.010
202501 13.808 127.443 14.382
202504 11.575 129.102 11.901
202507 13.326 130.290 13.576
202510 15.277 130.603 15.527
202601 14.765 130.366 15.033
202604 14.544 132.736 14.544

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 MXN34.59 mean?
The Descartes Systems Group (MEX:DSG N) has a Cyclically Adjusted FCF per Share of MXN34.59 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on The Descartes Systems Group and its competitors.
Is The Descartes Systems Group's Cyclically Adjusted FCF per Share too high?
The Descartes Systems Group's current Cyclically Adjusted FCF per Share is MXN34.59. Overall, The Descartes Systems Group has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Cyclically Adjusted FCF per Share compare to QH and SHOP?
The Descartes Systems Group's Cyclically Adjusted FCF per Share of MXN34.59 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 The Descartes Systems Group and its competitors. The Descartes Systems Group's current Cyclically Adjusted FCF per Share is MXN34.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Cyclically Adjusted FCF per Share of MXN34.59. The stock's GF Value™ is MXN1,930.98, compared to a current price of MXN1,264.95 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN34.59. The Descartes Systems Group's overall GF Score™ is 88/100 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 The Descartes Systems Group (MEX:DSG N), the current Cyclically Adjusted FCF per Share is MXN34.59 as of Apr. 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 The Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 34.5% below its estimated GF Value™ of MXN1,930.98.

Key valuation signals for MEX:DSG N:

  • Cyclically Adjusted FCF per Share: MXN34.59
  • GF Value™: MXN1,930.98 vs. price of MXN1,264.95 (34.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
88GF Score

Get the complete analysis for MEX:DSG N

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

MXN1,264.95
Price
MXN1,930.98
GF Value