Mowi ASA (OSL:MOWI) Cyclically Adjusted FCF per Share: kr10.56 (As of Mar. 2026)

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OSL:MOWI Mowi ASA OSL:MOWI
85 GF Score
Price kr198.40
GF Value kr214.74
Valuation Fairly Valued
! 5 Warning Signs
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What is Mowi ASA Cyclically Adjusted FCF per Share?

Mowi ASA OSL:MOWI -0.45% 85 Cyclically Adjusted FCF per Share is kr10.56 as of Mar. 2026. GuruFocus rates OSL:MOWI with a GF Score™ of 85/100 and a GF Value™ of kr214.74 (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.

Mowi ASA's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr2.267. 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 kr10.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mowi ASA's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.10% 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 Mowi ASA was 17.40% per year. The lowest was 3.00% per year. And the median was 8.60% per year.

As of today (2026-07-24), Mowi ASA's current stock price is kr198.40. Mowi ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr10.56. Mowi ASA's Cyclically Adjusted Price-to-FCF of today is 18.79.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mowi ASA was 45.18. The lowest was 17.59. And the median was 31.58.


Mowi ASA  (OSL:MOWI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=198.40/10.56
=18.79

* 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 Mowi ASA was 45.18. The lowest was 17.59. And the median was 31.58.


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.


Mowi ASA Cyclically Adjusted FCF per Share Related Terms


Mowi ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mowi 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.

Mowi ASA Cyclically Adjusted FCF per Share Chart

Mowi 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 6.12 6.77 8.42 9.11 10.49

Mowi 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 9.57 9.88 10.42 10.49 10.56

OSL:MOWI vs ADM, BG, TSN: Cyclically Adjusted FCF per Share Comparison

For the Farm Products subindustry, Mowi 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.


Mowi ASA Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


OSL:MOWI
85GF Score
Mowi ASA OSL:MOWI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mowi 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, Mowi 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)
=2.267/141.0300*141.0300
=2.267

Current CPI (Mar. 2026) = 141.0300.

Mowi ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 3.206 103.800 4.356
201609 2.377 104.200 3.217
201612 1.877 104.400 2.536
201703 3.846 105.000 5.166
201706 1.864 105.800 2.485
201709 1.426 105.900 1.899
201712 0.278 106.100 0.370
201803 2.184 107.300 2.871
201806 0.814 108.500 1.058
201809 1.765 109.500 2.273
201812 0.570 109.800 0.732
201903 3.812 110.400 4.870
201906 1.550 110.600 1.976
201909 2.462 111.100 3.125
201912 1.094 111.300 1.386
202003 3.288 111.200 4.170
202006 0.946 112.100 1.190
202009 -0.773 112.900 -0.966
202012 0.580 112.900 0.725
202103 3.495 114.600 4.301
202106 4.643 115.300 5.679
202109 3.423 117.500 4.108
202112 0.375 118.900 0.445
202203 4.172 119.800 4.911
202206 2.756 122.600 3.170
202209 1.108 125.600 1.244
202212 -2.097 125.900 -2.349
202303 6.610 127.600 7.306
202306 2.994 130.400 3.238
202309 2.838 129.800 3.084
202312 0.600 131.900 0.642
202403 3.174 132.600 3.376
202406 2.400 133.800 2.530
202409 5.444 133.700 5.742
202412 0.872 134.800 0.912
202503 3.815 136.100 3.953
202506 2.772 137.800 2.837
202509 5.519 138.500 5.620
202512 -0.879 139.100 -0.891
202603 2.267 141.030 2.267

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 kr10.56 mean?
Mowi ASA (OSL:MOWI) has a Cyclically Adjusted FCF per Share of kr10.56 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 Mowi ASA and its competitors.
Is Mowi ASA's Cyclically Adjusted FCF per Share too high?
Mowi ASA's current Cyclically Adjusted FCF per Share is kr10.56. Overall, Mowi ASA has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Cyclically Adjusted FCF per Share compare to ADM and BG?
Mowi ASA's Cyclically Adjusted FCF per Share of kr10.56 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Mowi ASA and its competitors. Mowi ASA's current Cyclically Adjusted FCF per Share is kr10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (OSL:MOWI) is currently considered Fairly Valued. The stock's GF Value™ is kr214.74, compared to a current price of kr198.40 — trading 7.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is kr10.56. Mowi ASA's overall GF Score™ is 85/100 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 Mowi ASA (OSL:MOWI), the current Cyclically Adjusted FCF per Share is kr10.56 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 Mowi ASA (OSL:MOWI) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of kr198.40 is trading 7.6% below its estimated GF Value™ of kr214.74. GuruFocus considers Mowi ASA to be Fairly Valued.

Key valuation signals for OSL:MOWI:

  • Cyclically Adjusted FCF per Share: kr10.56
  • GF Value™: kr214.74 vs. price of kr198.40 (7.6% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
85GF Score

Get the complete analysis for OSL:MOWI

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

kr198.40
Price
kr214.74
GF Value