United Natural Foods (MEX:UNFI) Cyclically Adjusted FCF per Share: MXN61.09 (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:UNFI United Natural Foods Inc MEX:UNFI
35 GF Score
Price MXN865.00
GF Value MXN480.53
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is United Natural Foods Cyclically Adjusted FCF per Share?

United Natural Foods MEX:UNFI 35 Cyclically Adjusted FCF per Share is MXN61.09 as of Jul. 2026. GuruFocus rates MEX:UNFI with a GF Score™ of 35/100 and a GF Value™ of MXN480.53 (Significantly Overvalued). The stock has 5 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.

United Natural Foods's adjusted free cash flow per share for the three months ended in Jul. 2026 was MXN22.033. 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 MXN61.09 for the trailing ten years ended in Jul. 2026.

During the past 12 months, United Natural Foods's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 United Natural Foods was 48.70% per year. The lowest was -37.90% per year. And the median was 24.35% per year.

As of today (2026-09-09), United Natural Foods's current stock price is MXN865.00. United Natural Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2026 was MXN61.09. United Natural Foods's Cyclically Adjusted Price-to-FCF of today is 14.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Natural Foods was 156.61. The lowest was 3.24. And the median was 14.18.


United Natural Foods  (MEX:UNFI) 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.

United Natural Foods's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=865.00/61.09
=14.16

* 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 United Natural Foods was 156.61. The lowest was 3.24. And the median was 14.18.


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.


United Natural Foods Cyclically Adjusted FCF per Share Related Terms


United Natural Foods Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for United Natural Foods'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.

United Natural Foods Cyclically Adjusted FCF per Share Chart

United Natural Foods Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25 Jul26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 61.09

United Natural Foods Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.00 0.00 0.00 0.00 61.09

MEX:UNFI vs ANDE, AVO, CHEF: Cyclically Adjusted FCF per Share Comparison

For the Food Distribution subindustry, United Natural Foods'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.


United Natural Foods Cyclically Adjusted Price-to-FCF vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:UNFI
35GF Score
United Natural Foods Inc MEX:UNFI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Natural Foods 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, United Natural Foods's adjusted Free Cash Flow per Share data for the three months ended in Jul. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=22.033/333.9180*333.9180
=22.033

Current CPI (Jul. 2026) = 333.9180.

United Natural Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201610 -6.110 241.729 -8.440
201701 37.228 242.839 51.191
201704 18.210 244.524 24.867
201707 32.996 244.786 45.011
201710 -17.048 246.663 -23.079
201801 9.714 247.867 13.086
201804 -15.526 250.546 -20.692
201807 45.802 252.006 60.689
201810 -49.414 252.885 -65.248
201901 25.920 251.712 34.385
201904 -2.047 255.548 -2.675
201907 42.196 256.571 54.917
201910 -64.829 257.346 -84.119
202001 45.130 257.971 58.416
202004 163.946 256.389 213.521
202007 -16.839 259.101 -21.701
202010 -38.158 260.388 -48.933
202101 73.219 261.582 93.466
202104 18.669 267.054 23.343
202107 43.342 273.003 53.013
202110 -46.080 276.589 -55.631
202201 25.035 281.148 29.734
202204 -42.122 289.109 -48.650
202207 89.797 296.276 101.206
202210 -106.006 298.012 -118.778
202301 138.057 299.170 154.092
202304 19.357 303.363 21.307
202307 32.710 305.691 35.730
202310 -100.875 307.671 -109.481
202401 33.543 308.417 36.316
202404 14.077 313.548 14.992
202407 22.155 314.540 23.520
202410 -53.439 315.664 -56.529
202501 66.136 317.671 69.518
202504 38.535 320.795 40.111
202507 26.720 323.048 27.619
202510 -16.499 0.000
202601 67.239 325.252 69.031
202604 15.086 333.020 15.127
202607 22.033 333.918 22.033

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 MXN61.09 mean?
United Natural Foods (MEX:UNFI) has a Cyclically Adjusted FCF per Share of MXN61.09 as of Jul. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on United Natural Foods and its competitors.
Is United Natural Foods' Cyclically Adjusted FCF per Share too high?
United Natural Foods' current Cyclically Adjusted FCF per Share is MXN61.09. Overall, United Natural Foods has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Natural Foods' Cyclically Adjusted FCF per Share compare to ANDE and AVO?
United Natural Foods' Cyclically Adjusted FCF per Share of MXN61.09 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Defensive 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 United Natural Foods and its competitors. United Natural Foods's current Cyclically Adjusted FCF per Share is MXN61.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Natural Foods stock overvalued right now?
Based on GuruFocus' analysis, United Natural Foods (MEX:UNFI) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN480.53, compared to a current price of MXN865.00 — trading 80% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN61.09. United Natural Foods' overall GF Score™ is 35/100 with 5 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 United Natural Foods (MEX:UNFI), the current Cyclically Adjusted FCF per Share is MXN61.09 as of Jul. 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 United Natural Foods (MEX:UNFI) Overvalued in 2026?

Based on GuruFocus' analysis, United Natural Foods stock appears to be overvalued. The current stock price of MXN865.00 is trading 80% above its estimated GF Value™ of MXN480.53. GuruFocus considers United Natural Foods to be Significantly Overvalued.

Key valuation signals for MEX:UNFI:

  • Cyclically Adjusted FCF per Share: MXN61.09
  • GF Value™: MXN480.53 vs. price of MXN865.00 (80% above fair value)
  • GF Score™: 35/100 with 5 warning signs

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


United Natural Foods Business Description

Address 15 Park Row West, Suite 302, Providence, RI, USA, 02903
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.
35GF Score

Get the complete analysis for MEX:UNFI

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

MXN865.00
Price
MXN480.53
GF Value