Block (MEX:XYZ) Cyclically Adjusted FCF per Share: MXN23.45 (As of Jun. 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:XYZ Block Inc MEX:XYZ
82 GF Score
Price MXN1,419.27
GF Value MXN1,283.64
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Block Cyclically Adjusted FCF per Share?

Block MEX:XYZ +1.49% 82 Cyclically Adjusted FCF per Share is MXN23.45 as of Jun. 2026. GuruFocus rates MEX:XYZ with a GF Score™ of 82/100 and a GF Value™ of MXN1,283.64 (Fairly Valued). The stock has 9 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.

Block's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN27.702. 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 MXN23.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Block's average Cyclically Adjusted FCF Growth Rate was 107.80% 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.

As of today (2026-08-15), Block's current stock price is MXN1419.27. Block's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN23.45. Block's Cyclically Adjusted Price-to-FCF of today is 60.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Block was 226.97. The lowest was 51.88. And the median was 111.58.


Block  (MEX:XYZ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1419.27/23.45
=60.52

* 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 Block was 226.97. The lowest was 51.88. And the median was 111.58.


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.


Block Cyclically Adjusted FCF per Share Related Terms


Block Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Block'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.

Block Cyclically Adjusted FCF per Share Chart

Block 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 11.35 17.34

Block Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.11 15.87 17.34 19.89 23.45

MEX:XYZ vs CRWV, NTAP, TWLO: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, Block'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.


Block Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Block's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:XYZ
82GF Score
Block Inc MEX:XYZ
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=27.702/333.9520*333.9520
=27.702

Current CPI (Jun. 2026) = 333.9520.

Block Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 2.920 241.428 4.039
201612 -0.339 241.432 -0.469
201703 1.925 243.801 2.637
201706 1.884 244.955 2.568
201709 1.606 246.819 2.173
201712 -0.457 246.524 -0.619
201803 1.945 249.554 2.603
201806 0.191 251.989 0.253
201809 1.323 252.439 1.750
201812 7.228 251.233 9.608
201903 0.660 254.202 0.867
201906 5.509 256.143 7.182
201909 9.449 256.759 12.290
201912 -2.970 256.974 -3.860
202003 5.130 258.115 6.637
202006 -15.920 257.797 -20.623
202009 17.332 260.280 22.238
202012 -6.199 260.474 -7.948
202103 -9.514 264.877 -11.995
202106 9.251 271.696 11.371
202109 15.333 274.310 18.667
202112 7.009 278.802 8.395
202203 6.922 287.504 8.040
202206 -5.497 296.311 -6.195
202209 -0.698 296.808 -0.785
202212 -0.122 296.797 -0.137
202303 7.578 301.836 8.384
202306 2.368 305.109 2.592
202309 12.922 307.789 14.020
202312 -22.683 306.746 -24.695
202403 11.910 312.332 12.734
202406 13.895 314.175 14.770
202409 19.547 315.301 20.703
202412 -0.430 315.605 -0.455
202503 3.267 319.799 3.412
202506 10.435 322.561 10.804
202509 41.324 324.800 42.488
202512 16.959 324.054 17.477
202603 28.215 330.213 28.534
202606 27.702 333.952 27.702

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 MXN23.45 mean?
Block (MEX:XYZ) has a Cyclically Adjusted FCF per Share of MXN23.45 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Block and its competitors.
Is Block's Cyclically Adjusted FCF per Share too high?
Block's current Cyclically Adjusted FCF per Share is MXN23.45. Overall, Block has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Block's Cyclically Adjusted FCF per Share compare to CRWV and NTAP?
Block's Cyclically Adjusted FCF per Share of MXN23.45 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 Block and its competitors. Block's current Cyclically Adjusted FCF per Share is MXN23.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Block stock overvalued right now?
Based on GuruFocus' analysis, Block (MEX:XYZ) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,283.64, compared to a current price of MXN1,419.27 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN23.45. Block's overall GF Score™ is 82/100 with 9 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 Block (MEX:XYZ), the current Cyclically Adjusted FCF per Share is MXN23.45 as of Jun. 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 Block (MEX:XYZ) Overvalued in 2026?

Based on GuruFocus' analysis, Block stock appears to be overvalued. The current stock price of MXN1,419.27 is trading 10.6% above its estimated GF Value™ of MXN1,283.64. GuruFocus considers Block to be Fairly Valued.

Key valuation signals for MEX:XYZ:

  • Cyclically Adjusted FCF per Share: MXN23.45
  • GF Value™: MXN1,283.64 vs. price of MXN1,419.27 (10.6% above fair value)
  • GF Score™: 82/100 with 9 warning signs

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


Block Business Description

Address 1955 Broadway, Suite 600, Oakland, CA, USA, 94612
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.
82GF Score

Get the complete analysis for MEX:XYZ

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

MXN1,419.27
Price
MXN1,283.64
GF Value