Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) Cyclically Adjusted FCF per Share: €0.40 (As of Mar. 2026)


MIL:IGD Immobiliare Grande Distribuzione SiiQ SpA MIL:IGD
56 GF Score
Price €4.06
GF Value €2.34
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Immobiliare Grande Distribuzione SiiQ SpA Cyclically Adjusted FCF per Share?

Immobiliare Grande Distribuzione SiiQ SpA MIL:IGD -1.93% 56 Cyclically Adjusted FCF per Share is €0.40 as of Mar. 2026. GuruFocus rates MIL:IGD with a GF Score™ of 56/100 and a GF Value™ of €2.34 (Significantly Overvalued). The stock has 7 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.

Immobiliare Grande Distribuzione SiiQ SpA's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.033. 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 €0.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Immobiliare Grande Distribuzione SiiQ SpA's average Cyclically Adjusted FCF Growth Rate was -4.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% 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 Immobiliare Grande Distribuzione SiiQ SpA was 77.80% per year. The lowest was 19.20% per year. And the median was 23.10% per year.

As of today (2026-07-09), Immobiliare Grande Distribuzione SiiQ SpA's current stock price is €4.06. Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.40. Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted Price-to-FCF of today is 10.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Immobiliare Grande Distribuzione SiiQ SpA was 38.05. The lowest was 5.62. And the median was 10.09.


Immobiliare Grande Distribuzione SiiQ SpA  (MIL:IGD) 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.

Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.06/0.40
=10.15

* 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 Immobiliare Grande Distribuzione SiiQ SpA was 38.05. The lowest was 5.62. And the median was 10.09.


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.


Immobiliare Grande Distribuzione SiiQ SpA Cyclically Adjusted FCF per Share Related Terms


Immobiliare Grande Distribuzione SiiQ SpA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Immobiliare Grande Distribuzione SiiQ SpA'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.

Immobiliare Grande Distribuzione SiiQ SpA Cyclically Adjusted FCF per Share Chart

Immobiliare Grande Distribuzione SiiQ SpA 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 0.22 0.23 0.24 0.41 0.39

Immobiliare Grande Distribuzione SiiQ SpA 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 0.42 0.42 0.41 0.39 0.40

MIL:IGD vs SPG, O, KIM: Cyclically Adjusted FCF per Share Comparison

For the REIT - Retail subindustry, Immobiliare Grande Distribuzione SiiQ SpA'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.


Immobiliare Grande Distribuzione SiiQ SpA Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted Price-to-FCF falls into.


MIL:IGD
56GF Score
Immobiliare Grande Distribuzione SiiQ SpA MIL:IGD
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Immobiliare Grande Distribuzione SiiQ SpA 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, Immobiliare Grande Distribuzione SiiQ SpA'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)
=0.033/124.5600*124.5600
=0.033

Current CPI (Mar. 2026) = 124.5600.

Immobiliare Grande Distribuzione SiiQ SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.088 99.900 0.110
201609 0.070 100.100 0.087
201612 -0.517 100.300 -0.642
201703 0.108 101.000 0.133
201706 0.105 101.100 0.129
201709 0.180 101.200 0.222
201712 0.132 101.200 0.162
201803 0.132 101.800 0.162
201806 0.106 102.400 0.129
201809 0.187 102.600 0.227
201812 0.124 102.300 0.151
201903 0.170 102.800 0.206
201906 0.108 103.100 0.130
201909 0.021 102.900 0.025
201912 0.175 102.800 0.212
202003 0.134 102.900 0.162
202006 -0.114 102.900 -0.138
202009 0.198 102.300 0.241
202012 0.138 102.600 0.168
202103 0.123 103.700 0.148
202106 0.102 104.200 0.122
202109 0.208 104.900 0.247
202112 0.111 106.600 0.130
202203 0.123 110.400 0.139
202206 0.114 112.500 0.126
202209 0.148 114.200 0.161
202212 0.071 119.000 0.074
202303 0.122 118.800 0.128
202306 0.196 119.700 0.204
202309 0.153 120.300 0.158
202312 0.020 119.700 0.021
202403 0.245 120.200 0.254
202406 -0.183 120.700 -0.189
202409 0.068 121.200 0.070
202412 0.115 121.200 0.118
202503 0.216 122.500 0.220
202506 -0.076 122.700 -0.077
202509 0.009 123.100 0.009
202512 0.067 122.600 0.068
202603 0.033 124.560 0.033

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 €0.40 mean?
Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) has a Cyclically Adjusted FCF per Share of €0.40 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 Immobiliare Grande Distribuzione SiiQ SpA and its competitors.
Is Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted FCF per Share too high?
Immobiliare Grande Distribuzione SiiQ SpA's current Cyclically Adjusted FCF per Share is €0.40. Overall, Immobiliare Grande Distribuzione SiiQ SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted FCF per Share compare to SPG and O?
Immobiliare Grande Distribuzione SiiQ SpA's Cyclically Adjusted FCF per Share of €0.40 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 Immobiliare Grande Distribuzione SiiQ SpA and its competitors. Immobiliare Grande Distribuzione SiiQ SpA's current Cyclically Adjusted FCF per Share is €0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immobiliare Grande Distribuzione SiiQ SpA stock overvalued right now?
Based on GuruFocus' analysis, Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.34, compared to a current price of €4.06 — trading 73.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.40. Immobiliare Grande Distribuzione SiiQ SpA's overall GF Score™ is 56/100 with 7 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 Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD), the current Cyclically Adjusted FCF per Share is €0.40 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 Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) Overvalued in 2026?

Based on GuruFocus' analysis, Immobiliare Grande Distribuzione SiiQ SpA stock appears to be overvalued. The current stock price of €4.06 is trading 73.5% above its estimated GF Value™ of €2.34. GuruFocus considers Immobiliare Grande Distribuzione SiiQ SpA to be Significantly Overvalued.

Key valuation signals for MIL:IGD:

  • Cyclically Adjusted FCF per Share: €0.40
  • GF Value™: €2.34 vs. price of €4.06 (73.5% above fair value)
  • GF Score™: 56/100 with 7 warning signs

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


Immobiliare Grande Distribuzione SiiQ SpA Business Description

Industry Real EstateREITs
Other Exchanges 0STP:UKIF81:Germany
Address Via Trattati Comunitari Europei 1957-2007, n. 13, Bologna, ITA, 40127
Immobiliare Grande Distribuzione SiiQ SpA is a real estate company that owns and manages a portfolio of shopping centers in Italy and Romania. The company's portfolio mainly consists of shopping centers, hypermarkets, supermarkets, and galleries. In addition, the firm also acts as a service provider, providing agency management and piloting, and facility management services to third parties, and is involved in trading activity concerning the sale of residential units built within the Porta a Mare project in Livorno. The company operates in three main business segments: Core business properties, which generate maximum revenue, Services, and the Porta a Mare Project. Geographically, it derives key revenue from Italy.
56GF Score

Get the complete analysis for MIL:IGD

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

€4.06
Price
€2.34
GF Value