PSG Financial Services (NAM:KFS) Cyclically Adjusted FCF per Share: R0.82 (As of Feb. 2026)


NAM:KFS PSG Financial Services Ltd NAM:KFS
81 GF Score
Price R31.54
GF Value R21.54
Valuation Significantly Overvalued
! 6 Warning Signs
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What is PSG Financial Services Cyclically Adjusted FCF per Share?

PSG Financial Services NAM:KFS 81 Cyclically Adjusted FCF per Share is R0.82 as of Feb. 2026. GuruFocus rates NAM:KFS with a GF Score™ of 81/100 and a GF Value™ of R21.54 (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.

PSG Financial Services's adjusted free cash flow per share data for the fiscal year that ended in Feb. 2026 was R0.963. 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 R0.82 for the trailing ten years ended in Feb. 2026.

During the past 12 months, PSG Financial Services's average Cyclically Adjusted FCF Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% 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 PSG Financial Services was 24.60% per year. The lowest was 2.30% per year. And the median was 16.35% per year.

As of today (2026-07-01), PSG Financial Services's current stock price is R 31.54. PSG Financial Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb. 2026 was R0.82. PSG Financial Services's Cyclically Adjusted Price-to-FCF of today is 38.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PSG Financial Services was 46.30. The lowest was 17.00. And the median was 29.32.


PSG Financial Services  (NAM:KFS) 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.

PSG Financial Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.54/0.82
=38.46

* 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 PSG Financial Services was 46.30. The lowest was 17.00. And the median was 29.32.


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.


PSG Financial Services Cyclically Adjusted FCF per Share Related Terms


PSG Financial Services Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PSG Financial Services'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.

PSG Financial Services Cyclically Adjusted FCF per Share Chart

PSG Financial Services Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.58 0.61 0.75 0.82

PSG Financial Services Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.61 0.00 0.75 0.00 0.82

NAM:KFS vs BLK, BX, KKR: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, PSG Financial Services'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.


PSG Financial Services Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PSG Financial Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


NAM:KFS
81GF Score
PSG Financial Services Ltd NAM:KFS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PSG Financial Services 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, PSG Financial Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.963/163.8150*163.8150
=0.963

Current CPI (Feb. 2026) = 163.8150.

PSG Financial Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201702 0.053 110.855 0.078
201802 0.536 115.106 0.763
201902 0.374 119.793 0.511
202002 0.450 125.243 0.589
202102 1.010 128.817 1.284
202202 0.520 136.109 0.626
202302 0.944 146.101 1.058
202402 0.396 154.225 0.421
202502 1.757 159.099 1.809
202602 0.963 163.815 0.963

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 R0.82 mean?
PSG Financial Services (NAM:KFS) has a Cyclically Adjusted FCF per Share of R0.82 as of Feb. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PSG Financial Services and its competitors.
Is PSG Financial Services' Cyclically Adjusted FCF per Share too high?
PSG Financial Services' current Cyclically Adjusted FCF per Share is R0.82. Overall, PSG Financial Services has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSG Financial Services' Cyclically Adjusted FCF per Share compare to BLK and BX?
PSG Financial Services' Cyclically Adjusted FCF per Share of R0.82 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset Management 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 PSG Financial Services and its competitors. PSG Financial Services's current Cyclically Adjusted FCF per Share is R0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, PSG Financial Services (NAM:KFS) is currently considered Significantly Overvalued. The stock's GF Value™ is R21.54, compared to a current price of R31.54 — trading 46.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R0.82. PSG Financial Services' overall GF Score™ is 81/100 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 PSG Financial Services (NAM:KFS), the current Cyclically Adjusted FCF per Share is R0.82 as of Feb. 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 PSG Financial Services (NAM:KFS) Overvalued in 2026?

Based on GuruFocus' analysis, PSG Financial Services stock appears to be overvalued. The current stock price of R31.54 is trading 46.4% above its estimated GF Value™ of R21.54. GuruFocus considers PSG Financial Services to be Significantly Overvalued.

Key valuation signals for NAM:KFS:

  • Cyclically Adjusted FCF per Share: R0.82
  • GF Value™: R21.54 vs. price of R31.54 (46.4% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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


PSG Financial Services Business Description

Other Exchanges KST:South AfricaEU4:Germany
Address 3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, WC, ZAF, 7530
PSG Financial Services Ltd is an independent financial services company. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.
81GF Score

Get the complete analysis for NAM:KFS

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

R31.54
Price
R21.54
GF Value