Maximus (MEX:MMS) Cyclically Adjusted FCF per Share: MXN154.33 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:MMS Maximus Inc MEX:MMS
77 GF Score
Price MXN1,630.00
GF Value MXN2,608.70
! 3 Warning Signs
View Full Analysis

What is Maximus Cyclically Adjusted FCF per Share?

Maximus MEX:MMS 77 Cyclically Adjusted FCF per Share is MXN154.33 as of Jun. 2026. GuruFocus rates MEX:MMS with a GF Score™ of 77/100 and a GF Value™ of MXN2,608.70. The stock has 3 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.

Maximus's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN-45.045. 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 MXN154.33 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Maximus's average Cyclically Adjusted FCF Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 18.50% 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 Maximus was 28.50% per year. The lowest was 8.20% per year. And the median was 17.60% per year.

As of today (2026-08-14), Maximus's current stock price is MXN1630.00. Maximus's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN154.33. Maximus's Cyclically Adjusted Price-to-FCF of today is 10.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Maximus was 52.99. The lowest was 10.02. And the median was 24.32.


Maximus  (MEX:MMS) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1630.00/154.33
=10.56

* 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 Maximus was 52.99. The lowest was 10.02. 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.


Maximus Cyclically Adjusted FCF per Share Related Terms


Maximus Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Maximus'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.

Maximus Cyclically Adjusted FCF per Share Chart

Maximus 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 70.62 111.92 95.48 91.86 97.94

Maximus 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 100.54 97.94 95.17 138.33 154.33

MEX:MMS vs FA, ABM, CMPR: Cyclically Adjusted FCF per Share Comparison

For the Specialty Business Services subindustry, Maximus'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.


Maximus Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Maximus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:MMS
77GF Score
Maximus Inc MEX:MMS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maximus 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, Maximus'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)
=-45.045/333.9520*333.9520
=-45.045

Current CPI (Jun. 2026) = 333.9520.

Maximus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 17.379 241.428 24.039
201612 19.790 241.432 27.374
201703 17.274 243.801 23.661
201706 29.853 244.955 40.699
201709 21.731 246.819 29.403
201712 9.343 246.524 12.656
201803 19.767 249.554 26.452
201806 18.831 251.989 24.956
201809 35.354 252.439 46.770
201812 14.918 251.233 19.830
201903 17.796 254.202 23.379
201906 34.410 256.143 44.863
201909 19.840 256.759 25.805
201912 22.361 256.974 29.059
202003 4.889 258.115 6.325
202006 -8.364 257.797 -10.835
202009 48.316 260.280 61.992
202012 28.499 260.474 36.538
202103 54.829 264.877 69.127
202106 -13.256 271.696 -16.293
202109 87.504 274.310 106.530
202112 -3.037 278.802 -3.638
202203 31.346 287.504 36.410
202206 14.620 296.311 16.477
202209 32.763 296.808 36.863
202212 -47.901 296.797 -53.898
202303 85.640 301.836 94.752
202306 -8.468 305.109 -9.269
202309 31.835 307.789 34.541
202312 -0.176 306.746 -0.192
202403 28.330 312.332 30.291
202406 49.139 314.175 52.232
202409 42.258 315.301 44.758
202412 -35.797 315.605 -37.878
202503 9.146 319.799 9.551
202506 -65.493 322.561 -67.806
202509 205.181 324.800 210.962
202512 -81.618 324.054 -84.111
202603 59.140 330.213 59.810
202606 -45.045 333.952 -45.045

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 MXN154.33 mean?
Maximus (MEX:MMS) has a Cyclically Adjusted FCF per Share of MXN154.33 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 Maximus and its competitors.
Is Maximus' Cyclically Adjusted FCF per Share too high?
Maximus' current Cyclically Adjusted FCF per Share is MXN154.33. Overall, Maximus has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Maximus' Cyclically Adjusted FCF per Share compare to FA and ABM?
Maximus' Cyclically Adjusted FCF per Share of MXN154.33 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services 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 Maximus and its competitors. Maximus's current Cyclically Adjusted FCF per Share is MXN154.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Maximus (MEX:MMS) has a current Cyclically Adjusted FCF per Share of MXN154.33. The stock's GF Value™ is MXN2,608.70, compared to a current price of MXN1,630.00 — trading 37.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN154.33. Maximus' overall GF Score™ is 77/100 with 3 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 Maximus (MEX:MMS), the current Cyclically Adjusted FCF per Share is MXN154.33 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 Maximus (MEX:MMS) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus stock appears to be undervalued. The current stock price of MXN1,630.00 is trading 37.5% below its estimated GF Value™ of MXN2,608.70.

Key valuation signals for MEX:MMS:

  • Cyclically Adjusted FCF per Share: MXN154.33
  • GF Value™: MXN2,608.70 vs. price of MXN1,630.00 (37.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Maximus Business Description

Other Exchanges MMS:USAMMY:Germany
Address 1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
77GF Score

Get the complete analysis for MEX:MMS

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

MXN1,630.00
Price
MXN2,608.70
GF Value