Mattel (MEX:MAT) Cyclically Adjusted FCF per Share: MXN13.69 (As of Jun. 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:MAT Mattel Inc MEX:MAT
63 GF Score
Price MXN250.00
GF Value MXN395.72
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Mattel Cyclically Adjusted FCF per Share?

Mattel MEX:MAT 63 Cyclically Adjusted FCF per Share is MXN13.69 as of Jun. 2026. GuruFocus rates MEX:MAT with a GF Score™ of 63/100 and a GF Value™ of MXN395.72 (Significantly Undervalued). 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.

Mattel's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN-14.489. 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 MXN13.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mattel's average Cyclically Adjusted FCF Growth Rate was -3.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -9.20% 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 Mattel was 18.20% per year. The lowest was -12.40% per year. And the median was 3.20% per year.

As of today (2026-08-22), Mattel's current stock price is MXN250.00. Mattel's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN13.69. Mattel's Cyclically Adjusted Price-to-FCF of today is 18.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mattel was 30.27. The lowest was 6.55. And the median was 18.72.


Mattel  (MEX:MAT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=250.00/13.69
=18.26

* 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 Mattel was 30.27. The lowest was 6.55. And the median was 18.72.


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.


Mattel Cyclically Adjusted FCF per Share Related Terms


Mattel Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mattel'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.

Mattel Cyclically Adjusted FCF per Share Chart

Mattel 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 19.62 14.73 13.35 16.86 13.37

Mattel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.42 16.47 13.37 13.27 13.69

MEX:MAT vs PLNT, YETI, CALY: Cyclically Adjusted FCF per Share Comparison

For the Leisure subindustry, Mattel'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.


Mattel Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mattel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:MAT
63GF Score
Mattel Inc MEX:MAT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mattel 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, Mattel's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-14.489/333.9520*333.9520
=-14.489

Current CPI (Jun. 2026) = 333.9520.

Mattel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -8.908 241.428 -12.322
201612 50.070 241.432 69.257
201703 -20.886 243.801 -28.609
201706 -16.730 244.955 -22.808
201709 -14.643 246.819 -19.812
201712 37.108 246.524 50.268
201803 -16.940 249.554 -22.669
201806 -17.890 251.989 -23.709
201809 -11.238 252.439 -14.867
201812 37.646 251.233 50.041
201903 -12.167 254.202 -15.984
201906 -12.870 256.143 -16.780
201909 -7.967 256.759 -10.362
201912 35.659 256.974 46.341
202003 -14.182 258.115 -18.349
202006 -20.856 257.797 -27.017
202009 -0.077 260.280 -0.099
202012 38.755 260.474 49.688
202103 -4.189 264.877 -5.281
202106 -13.929 271.696 -17.121
202109 -3.196 274.310 -3.891
202112 39.518 278.802 47.335
202203 -9.974 287.504 -11.585
202206 -18.095 296.311 -20.394
202209 5.661 296.808 6.369
202212 35.732 296.797 40.205
202303 -12.664 301.836 -14.011
202306 -7.182 305.109 -7.861
202309 9.835 307.789 10.671
202312 43.411 306.746 47.261
202403 0.240 312.332 0.257
202406 -15.313 314.175 -16.277
202409 3.712 315.301 3.932
202412 50.497 315.605 53.433
202503 -0.711 319.799 -0.742
202506 -19.661 322.561 -20.355
202509 1.334 324.800 1.372
202512 42.702 324.054 44.006
202603 -5.273 330.213 -5.333
202606 -14.489 333.952 -14.489

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 MXN13.69 mean?
Mattel (MEX:MAT) has a Cyclically Adjusted FCF per Share of MXN13.69 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mattel and its competitors.
Is Mattel's Cyclically Adjusted FCF per Share too high?
Mattel's current Cyclically Adjusted FCF per Share is MXN13.69. Overall, Mattel has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mattel's Cyclically Adjusted FCF per Share compare to PLNT and YETI?
Mattel's Cyclically Adjusted FCF per Share of MXN13.69 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted FCF per Share depends on the Travel & Leisure 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 Mattel and its competitors. Mattel's current Cyclically Adjusted FCF per Share is MXN13.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mattel stock overvalued right now?
Based on GuruFocus' analysis, Mattel (MEX:MAT) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN395.72, compared to a current price of MXN250.00 — trading 36.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN13.69. Mattel's overall GF Score™ is 63/100 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 Mattel (MEX:MAT), the current Cyclically Adjusted FCF per Share is MXN13.69 as of Jun. 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 Mattel (MEX:MAT) Overvalued in 2026?

Based on GuruFocus' analysis, Mattel stock appears to be undervalued. The current stock price of MXN250.00 is trading 36.8% below its estimated GF Value™ of MXN395.72. GuruFocus considers Mattel to be Significantly Undervalued.

Key valuation signals for MEX:MAT:

  • Cyclically Adjusted FCF per Share: MXN13.69
  • GF Value™: MXN395.72 vs. price of MXN250.00 (36.8% below fair value)
  • GF Score™: 63/100 with 1 warning sign

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


Mattel Business Description

Address 333 Continental Boulevard, El Segundo, CA, USA, 90245-5012
Mattel manufactures and markets toy products that are sold to its wholesale partners and direct to retail customers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, hand-held and other games, puzzles, educational toys, media-driven products, and plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl. In addition, it currently manufactures toy products for its segments both internally and externally (through manufacturing partners). Nearly 60% of its net sales were generated from North America in 2025, with the remainder stemming from international markets.
63GF Score

Get the complete analysis for MEX:MAT

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

MXN250.00
Price
MXN395.72
GF Value