Borregaard ASA (OSL:BRG) Cyclically Adjusted FCF per Share: kr4.36 (As of Jun. 2026)

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OSL:BRG Borregaard ASA OSL:BRG
79 GF Score
Price kr159.40
GF Value kr190.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Borregaard ASA Cyclically Adjusted FCF per Share?

Borregaard ASA OSL:BRG +0.38% 79 Cyclically Adjusted FCF per Share is kr4.36 as of Jun. 2026. GuruFocus rates OSL:BRG with a GF Score™ of 79/100 and a GF Value™ of kr190.72 (Modestly Undervalued). The stock has 4 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.

Borregaard ASA's adjusted free cash flow per share for the three months ended in Jun. 2026 was kr5.570. 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 kr4.36 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Borregaard ASA's average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.80% 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 Borregaard ASA was 26.20% per year. The lowest was 11.30% per year. And the median was 13.50% per year.

As of today (2026-08-06), Borregaard ASA's current stock price is kr159.40. Borregaard ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was kr4.36. Borregaard ASA's Cyclically Adjusted Price-to-FCF of today is 36.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Borregaard ASA was 108.82. The lowest was 33.44. And the median was 55.52.


Borregaard ASA  (OSL:BRG) 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.

Borregaard ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=159.40/4.36
=36.56

* 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 Borregaard ASA was 108.82. The lowest was 33.44. And the median was 55.52.


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.


Borregaard ASA Cyclically Adjusted FCF per Share Related Terms


Borregaard ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Borregaard 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.

Borregaard ASA Cyclically Adjusted FCF per Share Chart

Borregaard 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 2.51 2.71 3.42 3.46 3.96

Borregaard ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.86 3.99 3.96 4.18 4.36

OSL:BRG vs LIN, SHW, ECL: Cyclically Adjusted FCF per Share Comparison

For the Specialty Chemicals subindustry, Borregaard 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.


Borregaard ASA Cyclically Adjusted Price-to-FCF vs Chemicals Industry

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

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


OSL:BRG
79GF Score
Borregaard ASA OSL:BRG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borregaard 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, Borregaard ASA's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.57/141.5800*141.5800
=5.570

Current CPI (Jun. 2026) = 141.5800.

Borregaard ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 2.240 104.200 3.044
201612 0.840 104.400 1.139
201703 -0.770 105.000 -1.038
201706 -0.570 105.800 -0.763
201709 1.090 105.900 1.457
201712 -1.630 106.100 -2.175
201803 -1.460 107.300 -1.926
201806 -0.080 108.500 -0.104
201809 0.930 109.500 1.202
201812 -1.430 109.800 -1.844
201903 -0.790 110.400 -1.013
201906 -0.130 110.600 -0.166
201909 1.310 111.100 1.669
201912 0.750 111.300 0.954
202003 -1.830 111.200 -2.330
202006 2.870 112.100 3.625
202009 0.540 112.900 0.677
202012 2.277 112.900 2.855
202103 1.444 114.600 1.784
202106 3.339 115.300 4.100
202109 2.703 117.500 3.257
202112 1.291 118.900 1.537
202203 -1.594 119.800 -1.884
202206 1.010 122.600 1.166
202209 2.280 125.600 2.570
202212 1.005 125.900 1.130
202303 0.040 127.600 0.044
202306 2.750 130.400 2.986
202309 3.960 129.800 4.319
202312 2.239 131.900 2.403
202403 -2.987 132.600 -3.189
202406 3.755 133.800 3.973
202409 2.550 133.700 2.700
202412 0.272 134.800 0.286
202503 -0.140 136.100 -0.146
202506 2.018 137.800 2.073
202509 2.875 138.500 2.939
202512 0.900 139.100 0.916
202603 -0.280 141.030 -0.281
202606 5.570 141.580 5.570

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 kr4.36 mean?
Borregaard ASA (OSL:BRG) has a Cyclically Adjusted FCF per Share of kr4.36 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Borregaard ASA and its competitors.
Is Borregaard ASA's Cyclically Adjusted FCF per Share too high?
Borregaard ASA's current Cyclically Adjusted FCF per Share is kr4.36. Overall, Borregaard ASA has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borregaard ASA's Cyclically Adjusted FCF per Share compare to LIN and SHW?
Borregaard ASA's Cyclically Adjusted FCF per Share of kr4.36 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted FCF per Share depends on the Chemicals 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 Borregaard ASA and its competitors. Borregaard ASA's current Cyclically Adjusted FCF per Share is kr4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borregaard ASA stock overvalued right now?
Based on GuruFocus' analysis, Borregaard ASA (OSL:BRG) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.72, compared to a current price of kr159.40 — trading 16.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is kr4.36. Borregaard ASA's overall GF Score™ is 79/100 with 4 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 Borregaard ASA (OSL:BRG), the current Cyclically Adjusted FCF per Share is kr4.36 as of Jun. 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 Borregaard ASA (OSL:BRG) Overvalued in 2026?

Based on GuruFocus' analysis, Borregaard ASA stock appears to be undervalued. The current stock price of kr159.40 is trading 16.4% below its estimated GF Value™ of kr190.72. GuruFocus considers Borregaard ASA to be Modestly Undervalued.

Key valuation signals for OSL:BRG:

  • Cyclically Adjusted FCF per Share: kr4.36
  • GF Value™: kr190.72 vs. price of kr159.40 (16.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Borregaard ASA Business Description

Address Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products. The company has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.
79GF Score

Get the complete analysis for OSL:BRG

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

kr159.40
Price
kr190.72
GF Value