FECON (STC:FCN) Cyclically Adjusted FCF per Share: ₫-4,950.99 (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.

STC:FCN FECON Corp STC:FCN
53 GF Score
Price ₫11,200.00
GF Value ₫29,950.14
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is FECON Cyclically Adjusted FCF per Share?

FECON STC:FCN -1.75% 53 Cyclically Adjusted FCF per Share is ₫-4,950.99 as of Mar. 2026. GuruFocus rates STC:FCN with a GF Score™ of 53/100 and a GF Value™ of ₫29,950.14 (Possible Value Trap). The stock has 5 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.

FECON's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₫-2,550.904. 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 ₫-4,950.99 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.40% 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 FECON was -3.40% per year. The lowest was -3.40% per year. And the median was -3.40% per year.

As of today (2026-07-13), FECON's current stock price is ₫11200.00. FECON's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₫-4,950.99. FECON's Cyclically Adjusted Price-to-FCF of today is .


FECON  (STC:FCN) 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.


FECON Cyclically Adjusted FCF per Share Related Terms


FECON Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for FECON'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.

FECON Cyclically Adjusted FCF per Share Chart

FECON 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 -4,409.59 -4,706.08 -5,144.90 -4,880.53

FECON 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 -5,195.15 -5,332.14 -5,289.19 -4,880.53 -4,950.99

STC:FCN vs PWR, FIX, EME: Cyclically Adjusted FCF per Share Comparison

For the Engineering & Construction subindustry, FECON'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.


FECON Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, FECON's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


STC:FCN
53GF Score
FECON Corp STC:FCN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FECON 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, FECON'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)
=-2550.904/330.2130*330.2130
=-2,550.904

Current CPI (Mar. 2026) = 330.2130.

FECON Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -3,226.714 241.018 -4,420.844
201609 -1,230.819 241.428 -1,683.452
201612 1,570.007 241.432 2,147.341
201703 -1,705.515 243.801 -2,310.012
201706 -303.539 244.955 -409.187
201709 459.175 246.819 614.319
201712 -1,851.949 246.524 -2,480.641
201803 -821.495 249.554 -1,087.013
201806 -3,554.155 251.989 -4,657.458
201809 -328.402 252.439 -429.579
201812 677.668 251.233 890.706
201903 -425.762 254.202 -553.073
201906 536.634 256.143 691.815
201909 -1,653.653 256.759 -2,126.733
201912 294.216 256.974 378.069
202003 -701.355 258.115 -897.261
202006 -661.384 257.797 -847.169
202009 919.795 260.280 1,166.929
202012 -2,101.010 260.474 -2,663.532
202103 -5,425.442 264.877 -6,763.711
202106 -3,045.774 271.696 -3,701.763
202109 -1,189.978 274.310 -1,432.490
202112 -839.962 278.802 -994.851
202203 -136.942 287.504 -157.285
202206 -1,088.176 296.311 -1,212.678
202209 -388.040 296.808 -431.713
202212 -544.949 296.797 -606.304
202303 -251.090 301.836 -274.696
202306 -500.903 305.109 -542.117
202309 239.241 307.789 256.671
202312 2,302.219 306.746 2,478.346
202403 -1,018.955 312.332 -1,077.290
202406 -1,286.068 314.175 -1,351.719
202409 -3,268.184 315.301 -3,422.751
202412 -4,080.674 315.605 -4,269.551
202503 -2,248.336 319.799 -2,321.551
202506 -3,898.243 322.561 -3,990.720
202509 -1,436.441 324.800 -1,460.380
202512 2,938.512 324.054 2,994.362
202603 -2,550.904 330.213 -2,550.904

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 ₫-4,950.99 mean?
FECON (STC:FCN) has a Cyclically Adjusted FCF per Share of ₫-4,950.99 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 FECON and its competitors.
Is FECON's Cyclically Adjusted FCF per Share too high?
FECON's current Cyclically Adjusted FCF per Share is ₫-4,950.99. Overall, FECON has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FECON's Cyclically Adjusted FCF per Share compare to PWR and FIX?
FECON's Cyclically Adjusted FCF per Share of ₫-4,950.99 can be compared against companies in the 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 Construction company?
A good Cyclically Adjusted FCF per Share depends on the 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 FECON and its competitors. FECON's current Cyclically Adjusted FCF per Share is ₫-4,950.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FECON stock overvalued right now?
Based on GuruFocus' analysis, FECON (STC:FCN) is currently considered Possible Value Trap. The stock's GF Value™ is ₫29,950.14, compared to a current price of ₫11,200.00 — trading 62.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₫-4,950.99. FECON's overall GF Score™ is 53/100 with 5 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 FECON (STC:FCN), the current Cyclically Adjusted FCF per Share is ₫-4,950.99 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 FECON (STC:FCN) Overvalued in 2026?

Based on GuruFocus' analysis, FECON stock appears to be undervalued. The current stock price of ₫11,200.00 is trading 62.6% below its estimated GF Value™ of ₫29,950.14. GuruFocus considers FECON to be Possible Value Trap.

Key valuation signals for STC:FCN:

  • Cyclically Adjusted FCF per Share: ₫-4,950.99
  • GF Value™: ₫29,950.14 vs. price of ₫11,200.00 (62.6% below fair value)
  • GF Score™: 53/100 with 5 warning signs

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


FECON Business Description

Address Lot HH2-1 Me Tri Ha Urban Area, Pham Hung Street, 15th Floor, Building CEO, Me Tri Ward , Nam Tu Liem District, Hanoi, VNM
FECON Corp operates in the field of construction foundation in Vietnam. It functions as a professional contractor, providing comprehensive solutions for foundation work in the construction field. The company is involved in the business areas of construction, road construction, construction of waterway ports, monitoring, research and development, geotechnical consultancy, geological survey and foundation experiments, monitoring, background treatment, waterproofing underground works, construction of tunnel with shield, and production and construction of tunnel lining.
53GF Score

Get the complete analysis for STC:FCN

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

₫11,200.00
Price
₫29,950.14
GF Value