Altria Group (MEX:MO) Cyclically Adjusted FCF per Share: MXN86.90 (As of Mar. 2026)

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MEX:MO Altria Group Inc MEX:MO
68 GF Score
Price MXN1,261.90
GF Value MXN945.00
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Altria Group Cyclically Adjusted FCF per Share?

Altria Group MEX:MO -1.03% 68 Cyclically Adjusted FCF per Share is MXN86.90 as of Mar. 2026. GuruFocus rates MEX:MO with a GF Score™ of 68/100 and a GF Value™ of MXN945.00 (Significantly Overvalued). The stock has 6 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.

Altria Group's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN24.047. 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 MXN86.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Altria Group's average Cyclically Adjusted FCF Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% 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 Altria Group was 13.40% per year. The lowest was -11.60% per year. And the median was 7.80% per year.

As of today (2026-07-17), Altria Group's current stock price is MXN1261.90. Altria Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN86.90. Altria Group's Cyclically Adjusted Price-to-FCF of today is 14.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Altria Group was 33.08. The lowest was 9.45. And the median was 14.68.


Altria Group  (MEX:MO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1261.90/86.90
=14.52

* 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 Altria Group was 33.08. The lowest was 9.45. And the median was 14.68.


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.


Altria Group Cyclically Adjusted FCF per Share Related Terms


Altria Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Altria 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.

Altria Group Cyclically Adjusted FCF per Share Chart

Altria Group 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 70.33 75.16 71.51 95.72 86.57

Altria Group 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 90.90 88.93 87.12 86.57 86.90

MEX:MO vs TPB, UVV, AIIR: Cyclically Adjusted FCF per Share Comparison

For the Tobacco subindustry, Altria 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.


Altria Group Cyclically Adjusted Price-to-FCF vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:MO
68GF Score
Altria Group Inc MEX:MO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altria 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, Altria Group'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)
=24.047/330.2130*330.2130
=24.047

Current CPI (Mar. 2026) = 330.2130.

Altria Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -15.910 241.018 -21.798
201609 23.684 241.428 32.394
201612 2.490 241.432 3.406
201703 25.656 243.801 34.749
201706 -7.388 244.955 -9.959
201709 20.271 246.819 27.120
201712 7.317 246.524 9.801
201803 26.548 249.554 35.129
201806 10.422 251.989 13.657
201809 26.384 252.439 34.513
201812 17.963 251.233 23.610
201903 23.300 254.202 30.267
201906 0.637 256.143 0.821
201909 29.602 256.759 38.071
201912 25.076 256.974 32.223
202003 38.832 258.115 49.679
202006 21.890 257.797 28.039
202009 10.006 260.280 12.694
202012 26.451 260.474 33.533
202103 33.177 264.877 41.361
202106 -4.177 271.696 -5.077
202109 33.645 274.310 40.502
202112 29.053 278.802 34.410
202203 33.185 287.504 38.115
202206 -6.139 296.311 -6.841
202209 33.678 296.808 37.468
202212 27.862 296.797 30.999
202303 29.561 301.836 32.340
202306 0.731 305.109 0.791
202309 28.609 307.789 30.693
202312 30.473 306.746 32.804
202403 26.830 312.332 28.366
202406 -1.109 314.175 -1.166
202409 29.830 315.301 31.241
202412 40.542 315.605 42.419
202503 32.467 319.799 33.524
202506 1.934 322.561 1.980
202509 33.194 324.800 33.747
202512 34.132 324.054 34.781
202603 24.047 330.213 24.047

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 MXN86.90 mean?
Altria Group (MEX:MO) has a Cyclically Adjusted FCF per Share of MXN86.90 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 Altria Group and its competitors.
Is Altria Group's Cyclically Adjusted FCF per Share too high?
Altria Group's current Cyclically Adjusted FCF per Share is MXN86.90. Overall, Altria Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altria Group's Cyclically Adjusted FCF per Share compare to TPB and UVV?
Altria Group's Cyclically Adjusted FCF per Share of MXN86.90 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted FCF per Share depends on the Tobacco Products 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 Altria Group and its competitors. Altria Group's current Cyclically Adjusted FCF per Share is MXN86.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altria Group stock overvalued right now?
Based on GuruFocus' analysis, Altria Group (MEX:MO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN945.00, compared to a current price of MXN1,261.90 — trading 33.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN86.90. Altria Group's overall GF Score™ is 68/100 with 6 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 Altria Group (MEX:MO), the current Cyclically Adjusted FCF per Share is MXN86.90 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 Altria Group (MEX:MO) Overvalued in 2026?

Based on GuruFocus' analysis, Altria Group stock appears to be overvalued. The current stock price of MXN1,261.90 is trading 33.5% above its estimated GF Value™ of MXN945.00. GuruFocus considers Altria Group to be Significantly Overvalued.

Key valuation signals for MEX:MO:

  • Cyclically Adjusted FCF per Share: MXN86.90
  • GF Value™: MXN945.00 vs. price of MXN1,261.90 (33.5% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


Altria Group Business Description

Address 6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 40% share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, and a 41% stake in cannabis manufacturer Cronos. In reduced-risk products, it acquired vaping company Njoy Holdings in 2023, operates a joint venture with Japan Tobacco in the heated tobacco category for the US, and sells the On brand in nicotine pouches.
68GF Score

Get the complete analysis for MEX:MO

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

MXN1,261.90
Price
MXN945.00
GF Value