Embraer (STU:EMY) Cyclically Adjusted FCF per Share: €-0.10 (As of Mar. 2026)

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STU:EMY Embraer SA STU:EMY
68 GF Score
Price €57.40
GF Value €52.04
Valuation Fairly Valued
! 3 Warning Signs
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What is Embraer Cyclically Adjusted FCF per Share?

Embraer STU:EMY -1.37% 68 Cyclically Adjusted FCF per Share is €-0.10 as of Mar. 2026. GuruFocus rates STU:EMY with a GF Score™ of 68/100 and a GF Value™ of €52.04 (Fairly Valued). The stock has 3 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.

Embraer's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-2.617. 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 €-0.10 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 62.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 46.20% 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 Embraer was 62.00% per year. The lowest was -107.30% per year. And the median was -25.30% per year.

As of today (2026-07-24), Embraer's current stock price is €57.40. Embraer's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.10. Embraer's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Embraer was 68.03. The lowest was 28.00. And the median was 61.30.


Embraer  (STU:EMY) 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 Embraer was 68.03. The lowest was 28.00. And the median was 61.30.


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.


Embraer Cyclically Adjusted FCF per Share Related Terms


Embraer Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Embraer'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.

Embraer Cyclically Adjusted FCF per Share Chart

Embraer 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 -0.58 -0.50 -0.47 -0.10 -0.02

Embraer 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 0.00 -0.17 -0.08 -0.02 -0.10

STU:EMY vs SPCX, GE, RTX: Cyclically Adjusted FCF per Share Comparison

For the Aerospace & Defense subindustry, Embraer'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.


Embraer Cyclically Adjusted Price-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Embraer's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


STU:EMY
68GF Score
Embraer SA STU:EMY
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Embraer 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, Embraer'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)
=-2.617/175.0655*175.0655
=-2.617

Current CPI (Mar. 2026) = 175.0655.

Embraer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -2.922 108.851 -4.699
201609 0.224 109.986 0.357
201612 0.003 110.802 0.005
201703 -3.657 111.869 -5.723
201706 1.349 112.115 2.106
201709 -0.056 112.777 -0.087
201712 2.394 114.068 3.674
201803 0.854 114.868 1.302
201806 0.706 117.038 1.056
201809 0.652 117.881 0.968
201812 0.847 118.340 1.253
201903 -2.167 120.124 -3.158
201906 -0.540 120.977 -0.781
201909 0.345 121.292 0.498
201912 4.005 123.436 5.680
202003 -3.327 124.092 -4.694
202006 -2.577 123.557 -3.651
202009 -3.849 125.095 -5.387
202012 2.372 129.012 3.219
202103 -2.235 131.660 -2.972
202106 -0.085 133.871 -0.111
202109 0.757 137.913 0.961
202112 2.699 141.992 3.328
202203 -0.909 146.537 -1.086
202206 -0.100 149.784 -0.117
202209 1.441 147.800 1.707
202212 2.317 150.207 2.700
202303 -3.762 153.352 -4.295
202306 0.270 154.519 0.306
202309 1.104 155.464 1.243
202312 2.994 157.148 3.335
202403 -2.083 159.372 -2.288
202406 -0.859 161.052 -0.934
202409 0.209 162.342 0.225
202412 4.899 164.740 5.206
202503 -1.621 168.102 -1.688
202506 -0.920 169.670 -0.949
202509 0.605 170.739 0.620
202512 3.624 171.765 3.694
202603 -2.617 175.066 -2.617

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 €-0.10 mean?
Embraer (STU:EMY) has a Cyclically Adjusted FCF per Share of €-0.10 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 Embraer and its competitors.
Is Embraer's Cyclically Adjusted FCF per Share too high?
Embraer's current Cyclically Adjusted FCF per Share is €-0.10. Overall, Embraer has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Embraer's Cyclically Adjusted FCF per Share compare to SPCX and GE?
Embraer's Cyclically Adjusted FCF per Share of €-0.10 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted FCF per Share depends on the Aerospace & Defense 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 Embraer and its competitors. Embraer's current Cyclically Adjusted FCF per Share is €-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embraer stock overvalued right now?
Based on GuruFocus' analysis, Embraer (STU:EMY) is currently considered Fairly Valued. The stock's GF Value™ is €52.04, compared to a current price of €57.40 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.10. Embraer's overall GF Score™ is 68/100 with 3 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 Embraer (STU:EMY), the current Cyclically Adjusted FCF per Share is €-0.10 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 Embraer (STU:EMY) Overvalued in 2026?

Based on GuruFocus' analysis, Embraer stock appears to be overvalued. The current stock price of €57.40 is trading 10.3% above its estimated GF Value™ of €52.04. GuruFocus considers Embraer to be Fairly Valued.

Key valuation signals for STU:EMY:

  • Cyclically Adjusted FCF per Share: €-0.10
  • GF Value™: €52.04 vs. price of €57.40 (10.3% above fair value)
  • GF Score™: 68/100 with 3 warning signs

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


Embraer Business Description

Address Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Eldorado Business Tower, Pinheiros, SP, BRA, 05425-070
Embraer SA based in Sao Paulo, Brazil, manufacturer of jets. Its focus is to achieve customer satisfaction with and services addressing the commercial airline, executive jets, and defense and security markets. It has developed a customer-centric technology-driven portfolio of commercial aviation products and services that allows it to build long-term relationships with clients in the commercial aviation, executive jets, and defense and security markets. It operates through the various segments namely Commercial Aviation, Defense and Security, Executive Aviation, Service and Support, and Other Segments. The company generates maximum revenue from the Commercial Aviation segment. Geographically, the company operates in Brazil, Europe, Asia Pacific, North America, and Others.
68GF Score

Get the complete analysis for STU:EMY

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

€57.40
Price
€52.04
GF Value