MLLGF (Mullen Group) Cyclically Adjusted FCF per Share: $1.21 (As of Mar. 2026)


MLLGF Mullen Group Ltd MLLGF
78 GF Score
Price $15.02
GF Value $11.33
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group Cyclically Adjusted FCF per Share?

Mullen Group MLLGF -0.33% 78 Cyclically Adjusted FCF per Share is $1.21 as of Mar. 2026. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.33 (Significantly Overvalued). The stock has 10 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.

Mullen Group's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.115. 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 $1.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mullen Group's average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 0.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mullen Group was 20.30% per year. The lowest was -5.50% per year. And the median was 4.20% per year.

As of today (2026-07-01), Mullen Group's current stock price is $15.024. Mullen Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $1.21. Mullen Group's Cyclically Adjusted Price-to-FCF of today is 12.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mullen Group was 13.50. The lowest was 3.04. And the median was 9.18.


Mullen Group  (OTCPK:MLLGF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.024/1.21
=12.42

* 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 Mullen Group was 13.50. The lowest was 3.04. And the median was 9.18.


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.


Mullen Group Cyclically Adjusted FCF per Share Related Terms


Mullen Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mullen Group'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.

Mullen Group Cyclically Adjusted FCF per Share Chart

Mullen Group 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 1.10 1.07 1.17 1.14 1.27

Mullen Group 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 1.19 1.23 1.24 1.27 1.21

MLLGF vs ODFL, XPO, KNX: Cyclically Adjusted FCF per Share Comparison

For the Trucking subindustry, Mullen Group'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.


Mullen Group Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MLLGF
78GF Score
Mullen Group Ltd MLLGF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mullen Group 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, Mullen Group'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)
=0.115/132.2623*132.2623
=0.115

Current CPI (Mar. 2026) = 132.2623.

Mullen Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.331 102.002 0.429
201609 0.293 101.765 0.381
201612 0.302 101.449 0.394
201703 0.000 102.634 0.000
201706 0.218 103.029 0.280
201709 0.233 103.345 0.298
201712 0.370 103.345 0.474
201803 0.075 105.004 0.094
201806 0.123 105.557 0.154
201809 -0.077 105.636 -0.096
201812 0.153 105.399 0.192
201903 0.059 106.979 0.073
201906 0.200 107.690 0.246
201909 0.205 107.611 0.252
201912 0.221 107.769 0.271
202003 0.166 107.927 0.203
202006 0.530 108.401 0.647
202009 0.261 108.164 0.319
202012 0.200 108.559 0.244
202103 0.217 110.298 0.260
202106 0.366 111.720 0.433
202109 0.205 112.905 0.240
202112 0.289 113.774 0.336
202203 0.030 117.646 0.034
202206 0.229 120.806 0.251
202209 0.587 120.648 0.644
202212 0.491 120.964 0.537
202303 0.070 122.702 0.075
202306 0.470 124.203 0.500
202309 0.194 125.230 0.205
202312 0.594 125.072 0.628
202403 0.148 126.258 0.155
202406 0.457 127.522 0.474
202409 0.415 127.285 0.431
202412 0.648 127.364 0.673
202503 0.208 129.181 0.213
202506 0.411 129.892 0.419
202509 0.556 130.287 0.564
202512 0.422 130.366 0.428
202603 0.115 132.262 0.115

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 $1.21 mean?
Mullen Group (MLLGF) has a Cyclically Adjusted FCF per Share of $1.21 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 Mullen Group and its competitors.
Is Mullen Group's Cyclically Adjusted FCF per Share too high?
Mullen Group's current Cyclically Adjusted FCF per Share is $1.21. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Cyclically Adjusted FCF per Share compare to ODFL and XPO?
Mullen Group's Cyclically Adjusted FCF per Share of $1.21 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation 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 Mullen Group and its competitors. Mullen Group's current Cyclically Adjusted FCF per Share is $1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.33, compared to a current price of $15.02 — trading 32.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $1.21. Mullen Group's overall GF Score™ is 78/100 with 10 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 Mullen Group (MLLGF), the current Cyclically Adjusted FCF per Share is $1.21 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 Mullen Group (MLLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued. The current stock price of $15.02 is trading 32.6% above its estimated GF Value™ of $11.33. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • Cyclically Adjusted FCF per Share: $1.21
  • GF Value™: $11.33 vs. price of $15.02 (32.6% above fair value)
  • GF Score™: 78/100 with 10 warning signs

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


Mullen Group Business Description

Other Exchanges 9MU:GermanyMTL:Canada
Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF Score

Get the complete analysis for MLLGF

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

$15.02
Price
$11.33
GF Value