Ryvyl (RVYL) Cyclically Adjusted FCF per Share: $-17.86 (As of Dec. 2025)

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.

RVYL Ryvyl Inc RVYL
21 GF Score
Price $7.81
GF Value $3.47
! 8 Warning Signs
View Full Analysis

What is Ryvyl Cyclically Adjusted FCF per Share?

Ryvyl RVYL +16.05% 21 Cyclically Adjusted FCF per Share is $-17.86 as of Dec. 2025. GuruFocus rates RVYL with a GF Score™ of 21/100 and a GF Value™ of $3.47. The stock has 8 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.

Ryvyl's adjusted free cash flow per share for the three months ended in Dec. 2025 was $-16.242. 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 $-17.86 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.50% 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 Ryvyl was 5.50% per year. The lowest was -10.40% per year. And the median was 2.00% per year.

As of today (2026-07-16), Ryvyl's current stock price is $7.81. Ryvyl's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2025 was $-17.86. Ryvyl's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ryvyl was 486.45. The lowest was 4.78. And the median was 41.18.


Ryvyl  (NAS:RVYL) 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 Ryvyl was 486.45. The lowest was 4.78. And the median was 41.18.


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.


Ryvyl Cyclically Adjusted FCF per Share Related Terms


Ryvyl Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ryvyl'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.

Ryvyl Cyclically Adjusted FCF per Share Chart

Ryvyl 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 -5.94 -21.15 -13.93 -7.99 -17.86

Ryvyl Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -7.99 -18.44 -16.70 -15.02 -17.86

RVYL vs LHSW, CETX, YQAI: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, Ryvyl'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.


Ryvyl Cyclically Adjusted Price-to-FCF vs Software Industry

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

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


RVYL
21GF Score
Ryvyl Inc RVYL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ryvyl 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, Ryvyl's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-16.242/324.0540*324.0540
=-16.242

Current CPI (Dec. 2025) = 324.0540.

Ryvyl Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -1.143 238.132 -1.555
201606 -5.571 241.018 -7.490
201609 -21.857 241.428 -29.337
201612 32.714 241.432 43.909
201703 -15.286 243.801 -20.318
201706 24.857 244.955 32.884
201709 18.143 246.819 23.820
201712 -43.571 246.524 -57.274
201803 -1.579 249.554 -2.050
201806 -7.145 251.989 -9.188
201809 -7.750 252.439 -9.949
201812 -9.048 251.233 -11.671
201903 0.392 254.202 0.500
201906 22.392 256.143 28.329
201909 -21.763 256.759 -27.467
201912 -3.272 256.974 -4.126
202003 3.072 258.115 3.857
202006 2.446 257.797 3.075
202009 -7.143 260.280 -8.893
202012 -45.225 260.474 -56.264
202103 -112.700 264.877 -137.879
202106 -55.798 271.696 -66.551
202109 -3.292 274.310 -3.889
202112 -53.122 278.802 -61.744
202203 -125.302 287.504 -141.231
202206 137.252 296.311 150.103
202209 -113.304 296.808 -123.705
202212 20.580 296.797 22.470
202303 109.812 301.836 117.895
202306 45.918 305.109 48.769
202309 29.490 307.789 31.048
202312 35.108 306.746 37.089
202403 90.661 312.332 94.064
202406 -73.114 314.175 -75.413
202409 81.246 315.301 83.501
202412 6.898 315.605 7.083
202503 -71.398 319.799 -72.348
202506 41.043 322.561 41.233
202509 -3.693 324.800 -3.685
202512 -16.242 324.054 -16.242

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 $-17.86 mean?
Ryvyl (RVYL) has a Cyclically Adjusted FCF per Share of $-17.86 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ryvyl and its competitors.
Is Ryvyl's Cyclically Adjusted FCF per Share too high?
Ryvyl's current Cyclically Adjusted FCF per Share is $-17.86. Overall, Ryvyl has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Ryvyl's Cyclically Adjusted FCF per Share compare to LHSW and CETX?
Ryvyl's Cyclically Adjusted FCF per Share of $-17.86 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 Ryvyl and its competitors. Ryvyl's current Cyclically Adjusted FCF per Share is $-17.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryvyl stock overvalued right now?
Ryvyl (RVYL) has a current Cyclically Adjusted FCF per Share of $-17.86. The stock's GF Value™ is $3.47, compared to a current price of $7.81 — trading 125.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $-17.86. Ryvyl's overall GF Score™ is 21/100 with 8 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 Ryvyl (RVYL), the current Cyclically Adjusted FCF per Share is $-17.86 as of Dec. 2025. 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 Ryvyl (RVYL) Overvalued in 2026?

Based on GuruFocus' analysis, Ryvyl stock appears to be overvalued. The current stock price of $7.81 is trading 125.1% above its estimated GF Value™ of $3.47.

Key valuation signals for RVYL:

  • Cyclically Adjusted FCF per Share: $-17.86
  • GF Value™: $3.47 vs. price of $7.81 (125.1% above fair value)
  • GF Score™: 21/100 with 8 warning signs

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


Ryvyl Business Description

Address 3111 Camino Del Rio North, Suite 400, San Diego, CA, USA, 92108
Ryvyl Inc is a financial technology company that provides payment acceptance and disbursement solutions, mainly enabling merchants to process credit card transactions through BIN sponsorship arrangements with acquiring banks and payment processors, where it operates as an intermediary performing functions such as merchant underwriting, onboarding, risk monitoring, and customer support. The company also offers its internally developed NEMS Core platform, which facilitates automated inbound and outbound disbursements through a modular workflow system.
21GF Score

Get the complete analysis for RVYL

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

$7.81
Price
$3.47
GF Value