Viatris (MEX:MYL) Cyclically Adjusted FCF per Share: MXN44.77 (As of Mar. 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:MYL Viatris Inc MEX:MYL
51 GF Score
Price MXN284.24
GF Value MXN181.11
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Viatris Cyclically Adjusted FCF per Share?

Viatris MEX:MYL 51 Cyclically Adjusted FCF per Share is MXN44.77 as of Mar. 2026. GuruFocus rates MEX:MYL with a GF Score™ of 51/100 and a GF Value™ of MXN181.11 (Significantly Overvalued). The stock has 8 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.

Viatris's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN4.052. 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 MXN44.77 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.00% 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 Viatris was 25.10% per year. The lowest was 1.30% per year. And the median was 10.10% per year.

As of today (2026-07-19), Viatris's current stock price is MXN284.24. Viatris's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN44.77. Viatris's Cyclically Adjusted Price-to-FCF of today is 6.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Viatris was 36.31. The lowest was 2.99. And the median was 6.83.


Viatris  (MEX:MYL) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=284.24/44.77
=6.35

* 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 Viatris was 36.31. The lowest was 2.99. And the median was 6.83.


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.


Viatris Cyclically Adjusted FCF per Share Related Terms


Viatris Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Viatris'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.

Viatris Cyclically Adjusted FCF per Share Chart

Viatris 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 41.32 44.15 36.36 53.50 42.86

Viatris 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 51.12 47.77 44.95 42.86 44.77

MEX:MYL vs NBIX, UTHR, ELAN: Cyclically Adjusted FCF per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Viatris'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.


Viatris Cyclically Adjusted Price-to-FCF vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Viatris's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:MYL
51GF Score
Viatris Inc MEX:MYL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viatris 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, Viatris'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)
=4.052/330.2130*330.2130
=4.052

Current CPI (Mar. 2026) = 330.2130.

Viatris Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 9.905 241.018 13.571
201609 39.358 241.428 53.832
201612 1.334 241.432 1.825
201703 11.103 243.801 15.038
201706 3.898 244.955 5.255
201709 14.251 246.819 19.066
201712 11.528 246.524 15.441
201803 8.743 249.554 11.569
201806 4.301 251.989 5.636
201809 21.494 252.439 28.116
201812 7.257 251.233 9.538
201903 -4.075 254.202 -5.293
201906 19.030 256.143 24.533
201909 16.384 256.759 21.071
201912 20.577 256.974 26.442
202003 8.191 258.115 10.479
202006 14.536 257.797 18.619
202009 19.881 260.280 25.223
202012 -9.816 260.474 -12.444
202103 13.468 264.877 16.790
202106 7.517 271.696 9.136
202109 16.172 274.310 19.468
202112 5.117 278.802 6.061
202203 17.506 287.504 20.107
202206 11.786 296.311 13.134
202209 12.440 296.808 13.840
202212 -0.372 296.797 -0.414
202303 13.287 301.836 14.536
202306 6.067 305.109 6.566
202309 10.559 307.789 11.328
202312 3.904 306.746 4.203
202403 7.736 312.332 8.179
202406 4.762 314.175 5.005
202409 12.156 315.301 12.731
202412 5.755 315.605 6.021
202503 7.877 319.799 8.134
202506 2.658 322.561 2.721
202509 10.163 324.800 10.332
202512 9.074 324.054 9.246
202603 4.052 330.213 4.052

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 MXN44.77 mean?
Viatris (MEX:MYL) has a Cyclically Adjusted FCF per Share of MXN44.77 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 Viatris and its competitors.
Is Viatris' Cyclically Adjusted FCF per Share too high?
Viatris' current Cyclically Adjusted FCF per Share is MXN44.77. Overall, Viatris has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viatris' Cyclically Adjusted FCF per Share compare to NBIX and UTHR?
Viatris' Cyclically Adjusted FCF per Share of MXN44.77 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Cyclically Adjusted FCF per Share depends on the Drug Manufacturers 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 Viatris and its competitors. Viatris's current Cyclically Adjusted FCF per Share is MXN44.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viatris stock overvalued right now?
Based on GuruFocus' analysis, Viatris (MEX:MYL) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN181.11, compared to a current price of MXN284.24 — trading 56.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN44.77. Viatris' overall GF Score™ is 51/100 with 8 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 Viatris (MEX:MYL), the current Cyclically Adjusted FCF per Share is MXN44.77 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 Viatris (MEX:MYL) Overvalued in 2026?

Based on GuruFocus' analysis, Viatris stock appears to be overvalued. The current stock price of MXN284.24 is trading 56.9% above its estimated GF Value™ of MXN181.11. GuruFocus considers Viatris to be Significantly Overvalued.

Key valuation signals for MEX:MYL:

  • Cyclically Adjusted FCF per Share: MXN44.77
  • GF Value™: MXN181.11 vs. price of MXN284.24 (56.9% above fair value)
  • GF Score™: 51/100 with 8 warning signs

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


Viatris Business Description

Address 1000 Mylan Boulevard, Canonsburg, PA, USA, 15317
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. The remaining 60% of sales are derived from its portfolio of legacy products, which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.
51GF Score

Get the complete analysis for MEX:MYL

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

MXN284.24
Price
MXN181.11
GF Value