PANL (Pangaea Logistics Solutions) Cyclically Adjusted FCF per Share: $-0.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

PANL Pangaea Logistics Solutions Ltd PANL
69 GF Score
Price $7.03
GF Value $5.82
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Pangaea Logistics Solutions Cyclically Adjusted FCF per Share?

Pangaea Logistics Solutions PANL -2.90% 69 Cyclically Adjusted FCF per Share is $-0.02 as of Mar. 2026. GuruFocus rates PANL with a GF Score™ of 69/100 and a GF Value™ of $5.82 (Modestly Overvalued). 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.

Pangaea Logistics Solutions's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.041. 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 $-0.02 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 (2026-07-18), Pangaea Logistics Solutions's current stock price is $7.03. Pangaea Logistics Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-0.02. Pangaea Logistics Solutions's Cyclically Adjusted Price-to-FCF of today is .


Pangaea Logistics Solutions  (NAS:PANL) 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.


Pangaea Logistics Solutions Cyclically Adjusted FCF per Share Related Terms


Pangaea Logistics Solutions Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Pangaea Logistics Solutions'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.

Pangaea Logistics Solutions Cyclically Adjusted FCF per Share Chart

Pangaea Logistics Solutions 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 -0.58 -0.26 -0.01

Pangaea Logistics Solutions 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 -0.14 -0.12 -0.09 -0.01 -0.02

PANL vs CMDB, ESEA, SHIP: Cyclically Adjusted FCF per Share Comparison

For the Marine Shipping subindustry, Pangaea Logistics Solutions'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.


Pangaea Logistics Solutions Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Pangaea Logistics Solutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pangaea Logistics Solutions's Cyclically Adjusted Price-to-FCF falls into.


PANL
69GF Score
Pangaea Logistics Solutions Ltd PANL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pangaea Logistics Solutions 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, Pangaea Logistics Solutions'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)
=0.041/330.2130*330.2130
=0.041

Current CPI (Mar. 2026) = 330.2130.

Pangaea Logistics Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.161 241.018 0.221
201609 0.144 241.428 0.197
201612 -0.159 241.432 -0.217
201703 -0.991 243.801 -1.342
201706 -0.085 244.955 -0.115
201709 0.120 246.819 0.161
201712 -0.029 246.524 -0.039
201803 0.056 249.554 0.074
201806 0.364 251.989 0.477
201809 -0.134 252.439 -0.175
201812 0.242 251.233 0.318
201903 0.009 254.202 0.012
201906 -0.330 256.143 -0.425
201909 -0.251 256.759 -0.323
201912 0.283 256.974 0.364
202003 -0.165 258.115 -0.211
202006 0.285 257.797 0.365
202009 0.348 260.280 0.442
202012 -0.054 260.474 -0.068
202103 -0.012 264.877 -0.015
202106 -1.982 271.696 -2.409
202109 -0.624 274.310 -0.751
202112 -0.392 278.802 -0.464
202203 0.304 287.504 0.349
202206 0.819 296.311 0.913
202209 0.697 296.808 0.775
202212 0.358 296.797 0.398
202303 0.255 301.836 0.279
202306 -0.553 305.109 -0.599
202309 0.358 307.789 0.384
202312 0.512 306.746 0.551
202403 0.192 312.332 0.203
202406 0.000 314.175 0.000
202409 -0.437 315.301 -0.458
202412 0.163 315.605 0.171
202503 -0.075 319.799 -0.077
202506 0.207 322.561 0.212
202509 0.380 324.800 0.386
202512 0.222 324.054 0.226
202603 0.041 330.213 0.041

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 $-0.02 mean?
Pangaea Logistics Solutions (PANL) has a Cyclically Adjusted FCF per Share of $-0.02 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 Pangaea Logistics Solutions and its competitors.
Is Pangaea Logistics Solutions' Cyclically Adjusted FCF per Share too high?
Pangaea Logistics Solutions' current Cyclically Adjusted FCF per Share is $-0.02. Overall, Pangaea Logistics Solutions has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pangaea Logistics Solutions' Cyclically Adjusted FCF per Share compare to CMDB and ESEA?
Pangaea Logistics Solutions' Cyclically Adjusted FCF per Share of $-0.02 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation 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 Pangaea Logistics Solutions and its competitors. Pangaea Logistics Solutions's current Cyclically Adjusted FCF per Share is $-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangaea Logistics Solutions stock overvalued right now?
Based on GuruFocus' analysis, Pangaea Logistics Solutions (PANL) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.82, compared to a current price of $7.03 — trading 20.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $-0.02. Pangaea Logistics Solutions' overall GF Score™ is 69/100 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 Pangaea Logistics Solutions (PANL), the current Cyclically Adjusted FCF per Share is $-0.02 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 Pangaea Logistics Solutions (PANL) Overvalued in 2026?

Based on GuruFocus' analysis, Pangaea Logistics Solutions stock appears to be overvalued. The current stock price of $7.03 is trading 20.8% above its estimated GF Value™ of $5.82. GuruFocus considers Pangaea Logistics Solutions to be Modestly Overvalued.

Key valuation signals for PANL:

  • Cyclically Adjusted FCF per Share: $-0.02
  • GF Value™: $5.82 vs. price of $7.03 (20.8% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Pangaea Logistics Solutions Business Description

Address C/o Phoenix Bulk Carriers (US) LLC, 109 Long Wharf, Newport, RI, USA, 02840
Pangaea Logistics Solutions Ltd and its subsidiaries collectively, Pangaea or the Company, provide seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company's operating segments include the shipping segment: The Company's operating segments include the shipping segment and six terminal and stevedoring operating segments. The company operates in the USA, Germany, Canada, Singapore, the United Kingdom, and other countries, with maximum from the USA and others.
69GF Score

Get the complete analysis for PANL

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

$7.03
Price
$5.82
GF Value