Borgestad ASA (OSL:BOR) Cyclically Adjusted FCF per Share: kr-20.12 (As of Mar. 2026)


OSL:BOR Borgestad ASA OSL:BOR
63 GF Score
Price kr16.75
GF Value kr16.31
Valuation Fairly Valued
! 5 Warning Signs
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What is Borgestad ASA Cyclically Adjusted FCF per Share?

Borgestad ASA OSL:BOR 63 Cyclically Adjusted FCF per Share is kr-20.12 as of Mar. 2026. GuruFocus rates OSL:BOR with a GF Score™ of 63/100 and a GF Value™ of kr16.31 (Fairly Valued). The stock has 5 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.

Borgestad ASA's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr0.118. 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 kr-20.12 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.20% 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 Borgestad ASA was 30.40% per year. The lowest was -0.40% per year. And the median was 16.10% per year.

As of today (2026-07-08), Borgestad ASA's current stock price is kr16.75. Borgestad ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr-20.12. Borgestad ASA's Cyclically Adjusted Price-to-FCF of today is .


Borgestad ASA  (OSL:BOR) 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.


Borgestad ASA Cyclically Adjusted FCF per Share Related Terms


Borgestad ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Borgestad ASA'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.

Borgestad ASA Cyclically Adjusted FCF per Share Chart

Borgestad ASA 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 -49.92 -26.54 -27.99 -29.43 -26.85

Borgestad ASA 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 -17.54 -13.32 -13.19 -26.85 -20.12

OSL:BOR vs CRH, VMC, MLM: Cyclically Adjusted FCF per Share Comparison

For the Building Materials subindustry, Borgestad ASA'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.


Borgestad ASA Cyclically Adjusted Price-to-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Borgestad ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


OSL:BOR
63GF Score
Borgestad ASA OSL:BOR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borgestad ASA 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, Borgestad ASA'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)
=0.118/141.0300*141.0300
=0.118

Current CPI (Mar. 2026) = 141.0300.

Borgestad ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -90.635 103.800 -123.143
201609 -64.720 104.200 -87.596
201612 162.862 104.400 220.004
201703 -58.005 105.000 -77.909
201706 -84.626 105.800 -112.805
201709 2.601 105.900 3.464
201712 137.937 106.100 183.348
201803 -69.379 107.300 -91.188
201806 -125.681 108.500 -163.362
201809 -30.140 109.500 -38.819
201812 82.267 109.800 105.666
201903 -32.400 110.400 -41.389
201906 1.241 110.600 1.582
201909 -31.984 111.100 -40.600
201912 43.070 111.300 54.575
202003 -6.162 111.200 -7.815
202006 -35.856 112.100 -45.109
202009 3.040 112.900 3.797
202012 35.559 112.900 44.419
202103 3.324 114.600 4.091
202106 -9.610 115.300 -11.755
202109 0.314 117.500 0.377
202112 11.262 118.900 13.358
202203 -3.127 119.800 -3.681
202206 -1.875 122.600 -2.157
202209 -2.789 125.600 -3.132
202212 3.453 125.900 3.868
202303 0.215 127.600 0.238
202306 -1.173 130.400 -1.269
202309 4.760 129.800 5.172
202312 2.146 131.900 2.295
202403 0.776 132.600 0.825
202406 -1.025 133.800 -1.080
202409 0.814 133.700 0.859
202412 3.346 134.800 3.501
202503 -1.012 136.100 -1.049
202506 -2.104 137.800 -2.153
202509 0.755 138.500 0.769
202512 2.497 139.100 2.532
202603 0.118 141.030 0.118

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 kr-20.12 mean?
Borgestad ASA (OSL:BOR) has a Cyclically Adjusted FCF per Share of kr-20.12 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 Borgestad ASA and its competitors.
Is Borgestad ASA's Cyclically Adjusted FCF per Share too high?
Borgestad ASA's current Cyclically Adjusted FCF per Share is kr-20.12. Overall, Borgestad ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borgestad ASA's Cyclically Adjusted FCF per Share compare to CRH and VMC?
Borgestad ASA's Cyclically Adjusted FCF per Share of kr-20.12 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted FCF per Share depends on the Building Materials 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 Borgestad ASA and its competitors. Borgestad ASA's current Cyclically Adjusted FCF per Share is kr-20.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borgestad ASA stock overvalued right now?
Based on GuruFocus' analysis, Borgestad ASA (OSL:BOR) is currently considered Fairly Valued. The stock's GF Value™ is kr16.31, compared to a current price of kr16.75 — trading 2.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is kr-20.12. Borgestad ASA's overall GF Score™ is 63/100 with 5 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 Borgestad ASA (OSL:BOR), the current Cyclically Adjusted FCF per Share is kr-20.12 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 Borgestad ASA (OSL:BOR) Overvalued in 2026?

Based on GuruFocus' analysis, Borgestad ASA stock appears to be overvalued. The current stock price of kr16.75 is trading 2.7% above its estimated GF Value™ of kr16.31. GuruFocus considers Borgestad ASA to be Fairly Valued.

Key valuation signals for OSL:BOR:

  • Cyclically Adjusted FCF per Share: kr-20.12
  • GF Value™: kr16.31 vs. price of kr16.75 (2.7% above fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Borgestad ASA Business Description

Other Exchanges 0DTO:UK
Address Fornebuveien 1, Lysaker, NOR, 1366
Borgestad ASA is an investment company engaged in the real estate and refractory businesses. The Group has three operating segments: Real Estate, Refractory, and Other Activities. The Real Estate segment consists mainly of the Agora Bytom shopping center in Bytom, Poland. The Refractory segment develops, manufactures, and delivers refractory products, installations, and concept solutions to industrial customers through the Hoganas Borgestad Group. Its refractory materials are used to protect industrial production equipment exposed to high temperatures. The Other Activities segment includes operations in Borgestad ASA and its holding companies. Geographically, the company derives key revenue from Sweden, followed by Norway, Finland, and other regions.
63GF Score

Get the complete analysis for OSL:BOR

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

kr16.75
Price
kr16.31
GF Value