Vistra (MEX:VST) Cyclically Adjusted FCF per Share: MXN58.83 (As of Mar. 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:VST Vistra Corp MEX:VST
80 GF Score
Price MXN2,765.00
GF Value MXN2,913.23
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Vistra Cyclically Adjusted FCF per Share?

Vistra MEX:VST -0.95% 80 Cyclically Adjusted FCF per Share is MXN58.83 as of Mar. 2026. GuruFocus rates MEX:VST with a GF Score™ of 80/100 and a GF Value™ of MXN2,913.23 (Fairly Valued). 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.

Vistra's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN16.669. 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 MXN58.83 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-14), Vistra's current stock price is MXN2765.00. Vistra's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN58.83. Vistra's Cyclically Adjusted Price-to-FCF of today is 47.00.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Vistra was 79.73. The lowest was 41.95. And the median was 55.81.


Vistra  (MEX:VST) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2765.00/58.83
=47.00

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Vistra was 79.73. The lowest was 41.95. And the median was 55.81.


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.


Vistra Cyclically Adjusted FCF per Share Related Terms


Vistra Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Vistra'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.

Vistra Cyclically Adjusted FCF per Share Chart

Vistra 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 0.00 0.00 0.00 0.00 55.67

Vistra 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 0.00 49.43 52.45 55.67 58.83

MEX:VST vs NRG, TLN, CEG: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Independent Power Producers subindustry, Vistra'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.


Vistra Cyclically Adjusted Price-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vistra's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:VST
80GF Score
Vistra Corp MEX:VST
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vistra 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, Vistra'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)
=16.669/330.2130*330.2130
=16.669

Current CPI (Mar. 2026) = 330.2130.

Vistra Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -13.281 241.018 -18.196
201609 -0.362 241.428 -0.495
201612 -0.386 241.432 -0.528
201703 4.313 243.801 5.842
201706 5.792 244.955 7.808
201709 19.830 246.819 26.530
201712 23.249 246.524 31.141
201803 -3.053 249.554 -4.040
201806 -5.080 251.989 -6.657
201809 27.592 252.439 36.093
201812 13.394 251.233 17.605
201903 8.953 254.202 11.630
201906 13.020 256.143 16.785
201909 30.793 256.759 39.602
201912 24.027 256.974 30.875
202003 13.907 258.115 17.792
202006 20.236 257.797 25.920
202009 35.587 260.280 45.149
202012 22.902 260.474 29.034
202103 -77.808 264.877 -97.001
202106 9.884 271.696 12.013
202109 13.581 274.310 16.349
202112 1.883 278.802 2.230
202203 9.612 287.504 11.040
202206 -72.842 296.311 -81.176
202209 25.006 296.808 27.820
202212 0.049 296.797 0.055
202303 44.231 301.836 48.389
202306 51.642 305.109 55.891
202309 57.291 307.789 61.465
202312 21.809 306.746 23.477
202403 -7.276 312.332 -7.693
202406 36.089 314.175 37.931
202409 57.181 315.301 59.885
202412 55.181 315.605 57.735
202503 -10.175 319.799 -10.506
202506 -6.431 322.561 -6.584
202509 53.645 324.800 54.539
202512 31.222 324.054 31.815
202603 16.669 330.213 16.669

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 MXN58.83 mean?
Vistra (MEX:VST) has a Cyclically Adjusted FCF per Share of MXN58.83 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 Vistra and its competitors.
Is Vistra's Cyclically Adjusted FCF per Share too high?
Vistra's current Cyclically Adjusted FCF per Share is MXN58.83. Overall, Vistra has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vistra's Cyclically Adjusted FCF per Share compare to NRG and TLN?
Vistra's Cyclically Adjusted FCF per Share of MXN58.83 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Independent Power Producers 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 Vistra and its competitors. Vistra's current Cyclically Adjusted FCF per Share is MXN58.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vistra stock overvalued right now?
Based on GuruFocus' analysis, Vistra (MEX:VST) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,913.23, compared to a current price of MXN2,765.00 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN58.83. Vistra's overall GF Score™ is 80/100 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 Vistra (MEX:VST), the current Cyclically Adjusted FCF per Share is MXN58.83 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 Vistra (MEX:VST) Overvalued in 2026?

Based on GuruFocus' analysis, Vistra stock appears to be undervalued. The current stock price of MXN2,765.00 is trading 5.1% below its estimated GF Value™ of MXN2,913.23. GuruFocus considers Vistra to be Fairly Valued.

Key valuation signals for MEX:VST:

  • Cyclically Adjusted FCF per Share: MXN58.83
  • GF Value™: MXN2,913.23 vs. price of MXN2,765.00 (5.1% below fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Vistra Business Description

Address 6555 Sierra Drive, Irving, TX, USA, 75039
Vistra Corp. is one of the largest power producers and retail energy providers in the US. It owns 44 gigawatts of generation capacity, including natural gas (27 GW), nuclear (6.5 GW), coal (8.7 GW), and solar and battery storage (1.3 GW). The Cogentrix acquisition will add 5.5 GW of gas generation. Vistra's retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016.
80GF Score

Get the complete analysis for MEX:VST

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

MXN2,765.00
Price
MXN2,913.23
GF Value