Alfa Laval AB (MIL:1ALFA) Cyclically Adjusted FCF per Share: €1.22 (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.

MIL:1ALFA Alfa Laval AB MIL:1ALFA
66 GF Score
Price €49.69
GF Value €41.95
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Alfa Laval AB Cyclically Adjusted FCF per Share?

Alfa Laval AB MIL:1ALFA 66 Cyclically Adjusted FCF per Share is €1.22 as of Mar. 2026. GuruFocus rates MIL:1ALFA with a GF Score™ of 66/100 and a GF Value™ of €41.95 (Modestly 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.

Alfa Laval AB's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.159. 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 €1.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alfa Laval AB's average Cyclically Adjusted FCF Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% 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 Alfa Laval AB was 7.70% per year. The lowest was -0.50% per year. And the median was 5.20% per year.

As of today (2026-07-17), Alfa Laval AB's current stock price is €49.69. Alfa Laval AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.22. Alfa Laval AB's Cyclically Adjusted Price-to-FCF of today is 40.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alfa Laval AB was 43.17. The lowest was 15.51. And the median was 26.32.


Alfa Laval AB  (MIL:1ALFA) 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.

Alfa Laval AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=49.69/1.22
=40.73

* 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 Alfa Laval AB was 43.17. The lowest was 15.51. And the median was 26.32.


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.


Alfa Laval AB Cyclically Adjusted FCF per Share Related Terms


Alfa Laval AB Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Alfa Laval AB'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.

Alfa Laval AB Cyclically Adjusted FCF per Share Chart

Alfa Laval AB 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 1.30

Alfa Laval AB 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 1.30 1.20 1.30 1.22

MIL:1ALFA vs GEV, ETN, PH: Cyclically Adjusted FCF per Share Comparison

For the Specialty Industrial Machinery subindustry, Alfa Laval AB'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.


Alfa Laval AB Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alfa Laval AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MIL:1ALFA
66GF Score
Alfa Laval AB MIL:1ALFA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Laval AB 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, Alfa Laval AB'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)
=0.159/133.5600*133.5600
=0.159

Current CPI (Mar. 2026) = 133.5600.

Alfa Laval AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.281 101.019 0.372
201609 0.193 101.138 0.255
201612 0.410 102.022 0.537
201703 0.168 102.022 0.220
201706 0.221 102.752 0.287
201709 0.231 103.279 0.299
201712 0.310 103.793 0.399
201803 0.114 103.962 0.146
201806 0.242 104.875 0.308
201809 0.213 105.679 0.269
201812 0.216 105.912 0.272
201903 0.123 105.886 0.155
201906 0.098 106.742 0.123
201909 0.227 107.214 0.283
201912 0.430 107.766 0.533
202003 0.165 106.563 0.207
202006 0.603 107.498 0.749
202009 0.201 107.635 0.249
202012 0.517 108.296 0.638
202103 0.163 108.360 0.201
202106 0.295 108.928 0.362
202109 0.271 110.338 0.328
202112 0.219 112.486 0.260
202203 0.113 114.825 0.131
202206 -0.027 118.384 -0.030
202209 0.070 122.296 0.076
202212 0.165 126.365 0.174
202303 0.122 127.042 0.128
202306 0.164 129.407 0.169
202309 0.492 130.224 0.505
202312 0.642 131.912 0.650
202403 0.229 132.205 0.231
202406 0.432 132.716 0.435
202409 0.686 132.304 0.693
202412 0.653 132.987 0.656
202503 0.170 132.825 0.171
202506 0.326 133.699 0.326
202509 0.365 133.480 0.365
202512 0.576 133.390 0.577
202603 0.159 133.560 0.159

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 €1.22 mean?
Alfa Laval AB (MIL:1ALFA) has a Cyclically Adjusted FCF per Share of €1.22 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 Alfa Laval AB and its competitors.
Is Alfa Laval AB's Cyclically Adjusted FCF per Share too high?
Alfa Laval AB's current Cyclically Adjusted FCF per Share is €1.22. Overall, Alfa Laval AB has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Laval AB's Cyclically Adjusted FCF per Share compare to GEV and ETN?
Alfa Laval AB's Cyclically Adjusted FCF per Share of €1.22 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 Alfa Laval AB and its competitors. Alfa Laval AB's current Cyclically Adjusted FCF per Share is €1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Laval AB stock overvalued right now?
Based on GuruFocus' analysis, Alfa Laval AB (MIL:1ALFA) is currently considered Modestly Overvalued. The stock's GF Value™ is €41.95, compared to a current price of €49.69 — trading 18.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.22. Alfa Laval AB's overall GF Score™ is 66/100 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 Alfa Laval AB (MIL:1ALFA), the current Cyclically Adjusted FCF per Share is €1.22 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 Alfa Laval AB (MIL:1ALFA) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Laval AB stock appears to be overvalued. The current stock price of €49.69 is trading 18.5% above its estimated GF Value™ of €41.95. GuruFocus considers Alfa Laval AB to be Modestly Overvalued.

Key valuation signals for MIL:1ALFA:

  • Cyclically Adjusted FCF per Share: €1.22
  • GF Value™: €41.95 vs. price of €49.69 (18.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the MIL:1ALFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alfa Laval AB Business Description

Address Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00
Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling, used by a diverse range of customers spanning the food, water, energy, and marine industries. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.
66GF Score

Get the complete analysis for MIL:1ALFA

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

€49.69
Price
€41.95
GF Value