Heimar hf (OISE:HEIMAR) Cyclically Adjusted FCF per Share: kr2.98 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OISE:HEIMAR Heimar hf OISE:HEIMAR
65 GF Score
Price kr34.80
GF Value kr33.47
Valuation Fairly Valued
! 9 Warning Signs
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What is Heimar hf Cyclically Adjusted FCF per Share?

Heimar hf OISE:HEIMAR +1.16% 65 Cyclically Adjusted FCF per Share is kr2.98 as of Mar. 2026. GuruFocus rates OISE:HEIMAR with a GF Score™ of 65/100 and a GF Value™ of kr33.47 (Fairly Valued). The stock has 9 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.

Heimar hf's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr0.954. 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 kr2.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Heimar hf's average Cyclically Adjusted FCF Growth Rate was 8.00% 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 Heimar hf was 18.70% per year. The lowest was 16.40% per year. And the median was 17.55% per year.

As of today (2026-08-06), Heimar hf's current stock price is kr34.80. Heimar hf's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr2.98. Heimar hf's Cyclically Adjusted Price-to-FCF of today is 11.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Heimar hf was 21.42. The lowest was 8.60. And the median was 12.49.


Heimar hf  (OISE:HEIMAR) 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.

Heimar hf's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=34.80/2.98
=11.68

* 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 Heimar hf was 21.42. The lowest was 8.60. And the median was 12.49.


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.


Heimar hf Cyclically Adjusted FCF per Share Related Terms


Heimar hf Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Heimar hf'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.

Heimar hf Cyclically Adjusted FCF per Share Chart

Heimar hf 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 1.75 2.20 2.49 2.76 0.00

Heimar hf Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 2.76 2.80 2.87 0.00 2.98

OISE:HEIMAR vs CBRE, BEKE, JLL: Cyclically Adjusted FCF per Share Comparison

For the Real Estate Services subindustry, Heimar hf'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.


Heimar hf Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Heimar hf's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


OISE:HEIMAR
65GF Score
Heimar hf OISE:HEIMAR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heimar hf 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, Heimar hf'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)
=0.954/158.5100*158.5100
=0.954

Current CPI (Mar. 2026) = 158.5100.

Heimar hf Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.519 101.115 0.814
201606 0.087 101.923 0.135
201609 0.449 102.457 0.695
201612 0.590 102.562 0.912
201703 0.684 102.768 1.055
201706 0.007 103.496 0.011
201709 0.339 103.871 0.517
201712 0.403 104.481 0.611
201803 0.591 105.600 0.887
201806 0.249 106.206 0.372
201809 0.474 106.727 0.704
201812 0.290 108.388 0.424
201903 1.062 108.702 1.549
201906 0.332 109.758 0.479
201909 0.214 109.922 0.309
201912 0.412 110.588 0.591
202003 0.495 111.019 0.707
202006 0.103 112.667 0.145
202009 0.373 113.772 0.520
202012 0.225 114.542 0.311
202103 0.797 115.833 1.091
202106 0.053 117.451 0.072
202109 0.590 118.723 0.788
202112 0.842 120.398 1.109
202203 0.807 123.555 1.035
202206 0.569 127.809 0.706
202209 2.106 129.810 2.572
202212 0.575 131.901 0.691
202303 0.749 135.674 0.875
202306 0.662 139.150 0.754
202309 0.671 140.147 0.759
202312 0.932 142.125 1.039
202403 0.767 144.910 0.839
202406 0.742 147.267 0.799
202409 0.919 147.722 0.986
202412 0.836 148.871 0.890
202503 0.679 150.393 0.716
202506 0.575 153.367 0.594
202512 0.000 155.560 0.000
202603 0.954 158.510 0.954

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 kr2.98 mean?
Heimar hf (OISE:HEIMAR) has a Cyclically Adjusted FCF per Share of kr2.98 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 Heimar hf and its competitors.
Is Heimar hf's Cyclically Adjusted FCF per Share too high?
Heimar hf's current Cyclically Adjusted FCF per Share is kr2.98. Overall, Heimar hf has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heimar hf's Cyclically Adjusted FCF per Share compare to CBRE and BEKE?
Heimar hf's Cyclically Adjusted FCF per Share of kr2.98 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 Heimar hf and its competitors. Heimar hf's current Cyclically Adjusted FCF per Share is kr2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heimar hf stock overvalued right now?
Based on GuruFocus' analysis, Heimar hf (OISE:HEIMAR) is currently considered Fairly Valued. The stock's GF Value™ is kr33.47, compared to a current price of kr34.80 — trading 4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is kr2.98. Heimar hf's overall GF Score™ is 65/100 with 9 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 Heimar hf (OISE:HEIMAR), the current Cyclically Adjusted FCF per Share is kr2.98 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 Heimar hf (OISE:HEIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Heimar hf stock appears to be overvalued. The current stock price of kr34.80 is trading 4% above its estimated GF Value™ of kr33.47. GuruFocus considers Heimar hf to be Fairly Valued.

Key valuation signals for OISE:HEIMAR:

  • Cyclically Adjusted FCF per Share: kr2.98
  • GF Value™: kr33.47 vs. price of kr34.80 (4% above fair value)
  • GF Score™: 65/100 with 9 warning signs

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


Heimar hf Business Description

Other Exchanges 0Q8S:UK
Address Hagasmari 1, Kopavogur, ISL, 201
Heimar hf is a real estate company that invests in, leases and manages commercial premises in Iceland.
65GF Score

Get the complete analysis for OISE:HEIMAR

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

kr34.80
Price
kr33.47
GF Value