J M AB (OSTO:JM) Cyclically Adjusted FCF per Share: kr-12.72 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:JM J M AB OSTO:JM
73 GF Score
Price kr123.10
GF Value kr104.63
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is J M AB Cyclically Adjusted FCF per Share?

J M AB OSTO:JM -0.89% 73 Cyclically Adjusted FCF per Share is kr-12.72 as of Jun. 2026. GuruFocus rates OSTO:JM with a GF Score™ of 73/100 and a GF Value™ of kr104.63 (Modestly Overvalued). 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.

J M AB's adjusted free cash flow per share for the three months ended in Jun. 2026 was kr-11.115. 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-12.72 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.70% 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 J M AB was 16.30% per year. The lowest was -40.10% per year. And the median was -22.60% per year.

As of today (2026-08-03), J M AB's current stock price is kr123.10. J M AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was kr-12.72. J M AB's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of J M AB was 1540.59. The lowest was 13.33. And the median was 24.65.


J M AB  (OSTO:JM) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of J M AB was 1540.59. The lowest was 13.33. And the median was 24.65.


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.


J M AB Cyclically Adjusted FCF per Share Related Terms


J M AB Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for J M AB'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.

J M AB Cyclically Adjusted FCF per Share Chart

J M AB 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 -8.18 -13.65 -14.13 -10.56 -8.01

J M AB 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 -9.48 -8.71 -8.01 -9.96 -12.72

OSTO:JM vs DHI, PHM, LEN: Cyclically Adjusted FCF per Share Comparison

For the Residential Construction subindustry, J M AB'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.


J M AB Cyclically Adjusted Price-to-FCF vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, J M AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where J M AB's Cyclically Adjusted Price-to-FCF falls into.


OSTO:JM
73GF Score
J M AB OSTO:JM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

J M AB 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, J M AB'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)
=-11.115/134.6100*134.6100
=-11.115

Current CPI (Jun. 2026) = 134.6100.

J M AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.407 101.138 1.873
201612 -0.240 102.022 -0.317
201703 12.933 102.022 17.064
201706 5.644 102.752 7.394
201709 11.390 103.279 14.845
201712 -29.656 103.793 -38.461
201803 -11.003 103.962 -14.247
201806 -17.363 104.875 -22.286
201809 -6.519 105.679 -8.304
201812 -48.333 105.912 -61.430
201903 -1.530 105.886 -1.945
201906 -6.604 106.742 -8.328
201909 -17.132 107.214 -21.510
201912 -11.021 107.766 -13.766
202003 -8.102 106.563 -10.234
202006 5.769 107.498 7.224
202009 -9.954 107.635 -12.449
202012 9.725 108.296 12.088
202103 -1.538 108.360 -1.911
202106 -0.772 108.928 -0.954
202109 -14.578 110.338 -17.785
202112 3.088 112.486 3.695
202203 -4.433 114.825 -5.197
202206 -9.057 118.384 -10.298
202209 -7.048 122.296 -7.758
202212 -7.870 126.365 -8.383
202303 17.203 127.042 18.228
202306 -6.063 129.407 -6.307
202309 -5.939 130.224 -6.139
202312 11.146 131.912 11.374
202403 -14.138 132.205 -14.395
202406 8.759 132.716 8.884
202409 9.240 132.304 9.401
202412 49.950 132.987 50.560
202503 9.395 132.825 9.521
202506 8.837 133.699 8.897
202509 4.031 133.480 4.065
202512 -0.620 133.390 -0.626
202603 -8.542 133.560 -8.609
202606 -11.115 134.610 -11.115

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-12.72 mean?
J M AB (OSTO:JM) has a Cyclically Adjusted FCF per Share of kr-12.72 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 J M AB and its competitors.
Is J M AB's Cyclically Adjusted FCF per Share too high?
J M AB's current Cyclically Adjusted FCF per Share is kr-12.72. Overall, J M AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does J M AB's Cyclically Adjusted FCF per Share compare to DHI and PHM?
J M AB's Cyclically Adjusted FCF per Share of kr-12.72 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Cyclically Adjusted FCF per Share depends on the Homebuilding & Construction 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 J M AB and its competitors. J M AB's current Cyclically Adjusted FCF per Share is kr-12.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J M AB stock overvalued right now?
Based on GuruFocus' analysis, J M AB (OSTO:JM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr104.63, compared to a current price of kr123.10 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is kr-12.72. J M AB's overall GF Score™ is 73/100 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 J M AB (OSTO:JM), the current Cyclically Adjusted FCF per Share is kr-12.72 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 J M AB (OSTO:JM) Overvalued in 2026?

Based on GuruFocus' analysis, J M AB stock appears to be overvalued. The current stock price of kr123.10 is trading 17.7% above its estimated GF Value™ of kr104.63. GuruFocus considers J M AB to be Modestly Overvalued.

Key valuation signals for OSTO:JM:

  • Cyclically Adjusted FCF per Share: kr-12.72
  • GF Value™: kr104.63 vs. price of kr123.10 (17.7% above fair value)
  • GF Score™: 73/100 with 9 warning signs

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


J M AB Business Description

Other Exchanges JMs:UK0MI3:UKJMM:Germany
Address Mathildatorget 9, Solna, Stockholm, SWE, SE-169 82
J M AB is a Nordic residential construction developer. It is focused on apartments and townhomes in metropolitan areas and university towns across Sweden, Norway, and Finland. The company has five operating segments; JM RESIDENTIAL STOCKHOLM; which develops residential projects in Greater Stockholm, also derives maximum revenue, JM RESIDENTIAL SWEDEN; which develops residential projects in growth areas in Sweden, excluding Greater Stockholm, JM NORWAY develops residential projects. JM FINLAND also develops residential projects, and JM PROPERTY DEVELOPMENT; develops rental units, residential care units, and commercial properties in Greater Stockholm.
73GF Score

Get the complete analysis for OSTO:JM

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

kr123.10
Price
kr104.63
GF Value