Wayfair (MIL:1W) Cyclically Adjusted FCF per Share: €-0.81 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MIL:1W Wayfair Inc MIL:1W
32 GF Score
Price €73.58
GF Value €45.82
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Wayfair Cyclically Adjusted FCF per Share?

Wayfair MIL:1W 32 Cyclically Adjusted FCF per Share is €-0.81 as of Mar. 2026. GuruFocus rates MIL:1W with a GF Score™ of 32/100 and a GF Value™ of €45.82 (Significantly Overvalued). 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.

Wayfair's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.700. 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 €-0.81 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), Wayfair's current stock price is €73.58. Wayfair's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.81. Wayfair's Cyclically Adjusted Price-to-FCF of today is .


Wayfair  (MIL:1W) 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.


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.


Wayfair Cyclically Adjusted FCF per Share Related Terms


Wayfair Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Wayfair'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.

Wayfair Cyclically Adjusted FCF per Share Chart

Wayfair 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 -0.85

Wayfair 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 0.00 0.00 -0.85 -0.81

MIL:1W vs CART, CHWY, ETSY: Cyclically Adjusted FCF per Share Comparison

For the Internet Retail subindustry, Wayfair'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.


Wayfair Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wayfair's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MIL:1W
32GF Score
Wayfair Inc MIL:1W
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wayfair 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, Wayfair'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)
=-0.7/330.2130*330.2130
=-0.700

Current CPI (Mar. 2026) = 330.2130.

Wayfair Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.204 241.018 -0.279
201609 -0.146 241.428 -0.200
201612 0.539 241.432 0.737
201703 -0.750 243.801 -1.016
201706 -0.279 244.955 -0.376
201709 -0.177 246.819 -0.237
201712 0.014 246.524 0.019
201803 -0.436 249.554 -0.577
201806 -0.072 251.989 -0.094
201809 -0.561 252.439 -0.734
201812 -0.225 251.233 -0.296
201903 -1.620 254.202 -2.104
201906 -0.882 256.143 -1.137
201909 -1.775 256.759 -2.283
201912 -1.545 256.974 -1.985
202003 -3.411 258.115 -4.364
202006 7.801 257.797 9.992
202009 1.983 260.280 2.516
202012 1.032 260.474 1.308
202103 0.879 264.877 1.096
202106 1.408 271.696 1.711
202109 -1.675 274.310 -2.016
202112 0.136 278.802 0.161
202203 -2.862 287.504 -3.287
202206 -2.198 296.311 -2.449
202209 -5.126 296.808 -5.703
202212 -0.169 296.797 -0.188
202303 -1.987 301.836 -2.174
202306 1.055 305.109 1.142
202309 0.339 307.789 0.364
202312 0.486 306.746 0.523
202403 -1.480 312.332 -1.565
202406 1.394 314.175 1.465
202409 -0.066 315.301 -0.069
202412 0.773 315.605 0.809
202503 -1.012 319.799 -1.045
202506 1.546 322.561 1.583
202509 0.610 324.800 0.620
202512 0.967 324.054 0.985
202603 -0.700 330.213 -0.700

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 €-0.81 mean?
Wayfair (MIL:1W) has a Cyclically Adjusted FCF per Share of €-0.81 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 Wayfair and its competitors.
Is Wayfair's Cyclically Adjusted FCF per Share too high?
Wayfair's current Cyclically Adjusted FCF per Share is €-0.81. Overall, Wayfair has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wayfair's Cyclically Adjusted FCF per Share compare to CART and CHWY?
Wayfair's Cyclically Adjusted FCF per Share of €-0.81 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical 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 Wayfair and its competitors. Wayfair's current Cyclically Adjusted FCF per Share is €-0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wayfair stock overvalued right now?
Based on GuruFocus' analysis, Wayfair (MIL:1W) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.82, compared to a current price of €73.58 — trading 60.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.81. Wayfair's overall GF Score™ is 32/100 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 Wayfair (MIL:1W), the current Cyclically Adjusted FCF per Share is €-0.81 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 Wayfair (MIL:1W) Overvalued in 2026?

Based on GuruFocus' analysis, Wayfair stock appears to be overvalued. The current stock price of €73.58 is trading 60.6% above its estimated GF Value™ of €45.82. GuruFocus considers Wayfair to be Significantly Overvalued.

Key valuation signals for MIL:1W:

  • Cyclically Adjusted FCF per Share: €-0.81
  • GF Value™: €45.82 vs. price of €73.58 (60.6% above fair value)
  • GF Score™: 32/100 with 6 warning signs

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


Wayfair Business Description

Address 4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (88% of 2025 sales), Canada, the United Kingdom, and Ireland. It's also embarked on expansion into the brick-and-mortar landscape, with 13 stores (excluding outlets) between the AllModern, Birch Lane, Joss & Main, and Wayfair banners. At the end of 2025, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, as well as advertising and logistics services. Wayfair was founded in 2002 and began trading publicly in 2014.
32GF Score

Get the complete analysis for MIL:1W

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

€73.58
Price
€45.82
GF Value