Nike (MEX:NKE) Cyclically Adjusted FCF per Share: MXN52.51 (As of May. 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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Charlie Tian
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:NKE Nike Inc MEX:NKE
66 GF Score
Price MXN768.71
GF Value MXN1,269.99
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Nike Cyclically Adjusted FCF per Share?

Nike MEX:NKE -0.63% 66 Cyclically Adjusted FCF per Share is MXN52.51 as of May. 2026. GuruFocus rates MEX:NKE with a GF Score™ of 66/100 and a GF Value™ of MXN1,269.99 (Significantly Undervalued). 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.

Nike's adjusted free cash flow per share for the three months ended in May. 2026 was MXN17.539. 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 MXN52.51 for the trailing ten years ended in May. 2026.

During the past 12 months, Nike's average Cyclically Adjusted FCF Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% 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 Nike was 30.10% per year. The lowest was 0.00% per year. And the median was 13.30% per year.

As of today (2026-07-19), Nike's current stock price is MXN768.71. Nike's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was MXN52.51. Nike's Cyclically Adjusted Price-to-FCF of today is 14.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nike was 87.72. The lowest was 13.45. And the median was 47.79.


Nike  (MEX:NKE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=768.71/52.51
=14.64

* 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 Nike was 87.72. The lowest was 13.45. And the median was 47.79.


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.


Nike Cyclically Adjusted FCF per Share Related Terms


Nike Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Nike'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.

Nike Cyclically Adjusted FCF per Share Chart

Nike Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.24 45.61 49.70 57.35 52.51

Nike Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 57.35 54.93 54.04 50.99 52.51

MEX:NKE vs DECK, ONON, BIRK: Cyclically Adjusted FCF per Share Comparison

For the Footwear & Accessories subindustry, Nike'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.


Nike Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:NKE
66GF Score
Nike Inc MEX:NKE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=17.539/335.1230*335.1230
=17.539

Current CPI (May. 2026) = 335.1230.

Nike Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 5.636 240.849 7.842
201611 9.025 241.353 12.531
201702 10.080 243.603 13.867
201705 7.034 244.733 9.632
201708 3.235 245.519 4.416
201711 12.285 246.669 16.690
201802 6.464 248.991 8.700
201805 22.557 251.588 30.047
201808 11.262 252.146 14.968
201811 15.492 252.038 20.599
201902 10.197 252.776 13.519
201905 21.214 256.092 27.761
201908 1.382 256.558 1.805
201911 8.261 257.208 10.763
202002 11.219 258.678 14.534
202005 -4.062 256.394 -5.309
202008 9.695 259.918 12.500
202011 28.857 260.229 37.162
202102 14.411 263.014 18.362
202105 22.672 269.195 28.225
202108 11.490 273.567 14.075
202111 34.208 277.948 41.245
202202 0.190 283.716 0.224
202205 11.210 292.296 12.852
202208 1.178 296.171 1.333
202211 9.422 297.711 10.606
202302 23.799 300.840 26.511
202305 22.631 304.127 24.938
202308 -3.489 307.026 -3.808
202311 29.623 307.051 32.331
202402 21.433 310.326 23.146
202405 26.956 314.069 28.763
202408 3.598 314.796 3.830
202411 12.584 315.493 13.367
202502 23.719 319.082 24.911
202505 4.774 321.465 4.977
202508 0.191 323.976 0.198
202511 4.775 324.122 4.937
202602 3.301 326.785 3.385
202605 17.539 335.123 17.539

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 MXN52.51 mean?
Nike (MEX:NKE) has a Cyclically Adjusted FCF per Share of MXN52.51 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Nike and its competitors.
Is Nike's Cyclically Adjusted FCF per Share too high?
Nike's current Cyclically Adjusted FCF per Share is MXN52.51. Overall, Nike has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nike's Cyclically Adjusted FCF per Share compare to DECK and ONON?
Nike's Cyclically Adjusted FCF per Share of MXN52.51 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted FCF per Share depends on the Manufacturing - Apparel & Accessories 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 Nike and its competitors. Nike's current Cyclically Adjusted FCF per Share is MXN52.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nike stock overvalued right now?
Based on GuruFocus' analysis, Nike (MEX:NKE) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,269.99, compared to a current price of MXN768.71 — trading 39.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN52.51. Nike's overall GF Score™ is 66/100 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 Nike (MEX:NKE), the current Cyclically Adjusted FCF per Share is MXN52.51 as of May. 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 Nike (MEX:NKE) Overvalued in 2026?

Based on GuruFocus' analysis, Nike stock appears to be undervalued. The current stock price of MXN768.71 is trading 39.5% below its estimated GF Value™ of MXN1,269.99. GuruFocus considers Nike to be Significantly Undervalued.

Key valuation signals for MEX:NKE:

  • Cyclically Adjusted FCF per Share: MXN52.51
  • GF Value™: MXN1,269.99 vs. price of MXN768.71 (39.5% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Nike Business Description

Address One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium athletic footwear and clothing), NikeSkims (women's athleisure), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores (including about 5,500 in China), and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
66GF Score

Get the complete analysis for MEX:NKE

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

MXN768.71
Price
MXN1,269.99
GF Value