Nepa AB (OSTO:NEPA) Cyclically Adjusted FCF per Share: kr-0.89 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:NEPA Nepa AB OSTO:NEPA
60 GF Score
Price kr19.70
GF Value kr20.41
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Nepa AB Cyclically Adjusted FCF per Share?

Nepa AB OSTO:NEPA -4.37% 60 Cyclically Adjusted FCF per Share is kr-0.89 as of Mar. 2026. GuruFocus rates OSTO:NEPA with a GF Score™ of 60/100 and a GF Value™ of kr20.41 (Fairly Valued). The stock has 6 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.

Nepa AB's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr0.206. 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-0.89 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-04), Nepa AB's current stock price is kr19.70. Nepa AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr-0.89. Nepa AB's Cyclically Adjusted Price-to-FCF of today is .


Nepa AB  (OSTO:NEPA) 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.


Nepa AB Cyclically Adjusted FCF per Share Related Terms


Nepa AB Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Nepa 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.

Nepa AB Cyclically Adjusted FCF per Share Chart

Nepa 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 0.00 0.00 0.00 -0.62 -0.74

Nepa AB 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 -0.57 -0.63 -0.78 -0.74 -0.89

OSTO:NEPA vs CTAS, CPRT, GPN: Cyclically Adjusted FCF per Share Comparison

For the Specialty Business Services subindustry, Nepa 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.


Nepa AB Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Nepa AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


OSTO:NEPA
60GF Score
Nepa AB OSTO:NEPA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nepa 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, Nepa AB'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)
=0.206/133.5600*133.5600
=0.206

Current CPI (Mar. 2026) = 133.5600.

Nepa AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.089 101.019 -0.118
201609 -2.005 101.138 -2.648
201612 -0.265 102.022 -0.347
201703 -0.529 102.022 -0.693
201706 -1.648 102.752 -2.142
201709 -1.615 103.279 -2.089
201712 -0.654 103.793 -0.842
201803 -0.376 103.962 -0.483
201806 -0.390 104.875 -0.497
201809 -1.069 105.679 -1.351
201812 -0.204 105.912 -0.257
201903 -0.414 105.886 -0.522
201906 -0.741 106.742 -0.927
201909 -2.216 107.214 -2.761
201912 -0.539 107.766 -0.668
202003 1.055 106.563 1.322
202006 4.423 107.498 5.495
202009 -0.255 107.635 -0.316
202012 1.884 108.296 2.324
202103 -0.311 108.360 -0.383
202106 1.434 108.928 1.758
202109 -0.087 110.338 -0.105
202112 0.829 112.486 0.984
202203 0.465 114.825 0.541
202206 0.065 118.384 0.073
202209 -2.194 122.296 -2.396
202212 0.177 126.365 0.187
202303 -0.147 127.042 -0.155
202306 -1.677 129.407 -1.731
202309 0.254 130.224 0.261
202312 -0.438 131.912 -0.443
202403 0.678 132.205 0.685
202406 -1.155 132.716 -1.162
202409 0.627 132.304 0.633
202412 1.429 132.987 1.435
202503 0.383 132.825 0.385
202506 -0.767 133.699 -0.766
202509 -1.622 133.480 -1.623
202512 0.264 133.390 0.264
202603 0.206 133.560 0.206

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-0.89 mean?
Nepa AB (OSTO:NEPA) has a Cyclically Adjusted FCF per Share of kr-0.89 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 Nepa AB and its competitors.
Is Nepa AB's Cyclically Adjusted FCF per Share too high?
Nepa AB's current Cyclically Adjusted FCF per Share is kr-0.89. Overall, Nepa AB has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nepa AB's Cyclically Adjusted FCF per Share compare to CTAS and CPRT?
Nepa AB's Cyclically Adjusted FCF per Share of kr-0.89 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services 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 Nepa AB and its competitors. Nepa AB's current Cyclically Adjusted FCF per Share is kr-0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nepa AB stock overvalued right now?
Based on GuruFocus' analysis, Nepa AB (OSTO:NEPA) is currently considered Fairly Valued. The stock's GF Value™ is kr20.41, compared to a current price of kr19.70 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is kr-0.89. Nepa AB's overall GF Score™ is 60/100 with 6 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 Nepa AB (OSTO:NEPA), the current Cyclically Adjusted FCF per Share is kr-0.89 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 Nepa AB (OSTO:NEPA) Overvalued in 2026?

Based on GuruFocus' analysis, Nepa AB stock appears to be undervalued. The current stock price of kr19.70 is trading 3.5% below its estimated GF Value™ of kr20.41. GuruFocus considers Nepa AB to be Fairly Valued.

Key valuation signals for OSTO:NEPA:

  • Cyclically Adjusted FCF per Share: kr-0.89
  • GF Value™: kr20.41 vs. price of kr19.70 (3.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Nepa AB Business Description

Address Magnus Ladulasgatan 65, Stockholm, SWE, 11827
Nepa AB is a marketing intelligence company in brand development and marketing optimization. Its offerings include brand tracking, campaign evaluations, and continuous media mix modelling, along with value-creating brand advisory services. The marketing intelligence suite offers product solutions for consumer brands to maximize short-term sales and build enduring brands. The Marketing Optimization segment, which derives the majority revenue, includes the subscription products Brand and Ad tracker, and Continuous Marketing Mix Modeling, as well as ad hoc-based advisory services such as Campaign Evaluation, Category Insight, and Market Segmentation. The Other segment comprises Nepa's tracking products and advisory services within Customer Experience, Innovation Acceleration, and panels.
60GF Score

Get the complete analysis for OSTO:NEPA

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

kr19.70
Price
kr20.41
GF Value