RUN (Sunrun) Cyclically Adjusted FCF per Share: $-12.69 (As of Mar. 2026)


RUN Sunrun Inc RUN
70 GF Score
Price $12.97
GF Value $14.98
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Sunrun Cyclically Adjusted FCF per Share?

Sunrun RUN +1.81% 70 Cyclically Adjusted FCF per Share is $-12.69 as of Mar. 2026. GuruFocus rates RUN with a GF Score™ of 70/100 and a GF Value™ of $14.98 (Modestly Undervalued). 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.

Sunrun's adjusted free cash flow per share for the three months ended in Mar. 2026 was $-1.521. 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 $-12.69 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 (2026-07-07), Sunrun's current stock price is $12.97. Sunrun's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-12.69. Sunrun's Cyclically Adjusted Price-to-FCF of today is .


Sunrun  (NAS:RUN) 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.


Sunrun Cyclically Adjusted FCF per Share Related Terms


Sunrun Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Sunrun'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.

Sunrun Cyclically Adjusted FCF per Share Chart

Sunrun 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 -11.22 -12.33 -12.63

Sunrun 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 -12.55 -12.80 -12.85 -12.63 -12.69

RUN vs SEDG, SHLS, ARRY: Cyclically Adjusted FCF per Share Comparison

For the Solar subindustry, Sunrun'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.


Sunrun Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunrun's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


RUN
70GF Score
Sunrun Inc RUN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunrun 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, Sunrun'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)
=-1.521/330.2130*330.2130
=-1.521

Current CPI (Mar. 2026) = 330.2130.

Sunrun Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -1.833 241.018 -2.511
201609 -2.177 241.428 -2.978
201612 -2.109 241.432 -2.885
201703 -1.877 243.801 -2.542
201706 -1.805 244.955 -2.433
201709 -2.142 246.819 -2.866
201712 -2.245 246.524 -3.007
201803 -1.900 249.554 -2.514
201806 -1.683 251.989 -2.205
201809 -1.724 252.439 -2.255
201812 -2.151 251.233 -2.827
201903 -1.668 254.202 -2.167
201906 -2.324 256.143 -2.996
201909 -2.097 256.759 -2.697
201912 -2.598 256.974 -3.338
202003 -2.746 258.115 -3.513
202006 -1.574 257.797 -2.016
202009 -2.018 260.280 -2.560
202012 -2.588 260.474 -3.281
202103 -2.679 264.877 -3.340
202106 -2.790 271.696 -3.391
202109 -2.915 274.310 -3.509
202112 -3.709 278.802 -4.393
202203 -3.275 287.504 -3.762
202206 -3.392 296.311 -3.780
202209 -2.884 296.808 -3.209
202212 -3.732 296.797 -4.152
202303 -4.426 301.836 -4.842
202306 -4.068 305.109 -4.403
202309 -3.702 307.789 -3.972
202312 -3.534 306.746 -3.804
202403 -3.102 312.332 -3.280
202406 -3.190 314.175 -3.353
202409 -4.115 315.301 -4.310
202412 -4.720 315.605 -4.938
202503 -2.944 319.799 -3.040
202506 -3.774 322.561 -3.864
202509 -3.235 324.800 -3.289
202512 -1.150 324.054 -1.172
202603 -1.521 330.213 -1.521

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 $-12.69 mean?
Sunrun (RUN) has a Cyclically Adjusted FCF per Share of $-12.69 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 Sunrun and its competitors.
Is Sunrun's Cyclically Adjusted FCF per Share too high?
Sunrun's current Cyclically Adjusted FCF per Share is $-12.69. Overall, Sunrun has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunrun's Cyclically Adjusted FCF per Share compare to SEDG and SHLS?
Sunrun's Cyclically Adjusted FCF per Share of $-12.69 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted FCF per Share depends on the Semiconductors 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 Sunrun and its competitors. Sunrun's current Cyclically Adjusted FCF per Share is $-12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunrun stock overvalued right now?
Based on GuruFocus' analysis, Sunrun (RUN) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.98, compared to a current price of $12.97 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $-12.69. Sunrun's overall GF Score™ is 70/100 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 Sunrun (RUN), the current Cyclically Adjusted FCF per Share is $-12.69 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 Sunrun (RUN) Overvalued in 2026?

Based on GuruFocus' analysis, Sunrun stock appears to be undervalued. The current stock price of $12.97 is trading 13.4% below its estimated GF Value™ of $14.98. GuruFocus considers Sunrun to be Modestly Undervalued.

Key valuation signals for RUN:

  • Cyclically Adjusted FCF per Share: $-12.69
  • GF Value™: $14.98 vs. price of $12.97 (13.4% below fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Sunrun Business Description

Address 600 California Street, Suite 1800, San Francisco, CA, USA, 94108
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.
70GF Score

Get the complete analysis for RUN

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

$12.97
Price
$14.98
GF Value