Hawkins (STU:HWK) Cyclically Adjusted FCF per Share: €2.05 (As of Jun. 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.

STU:HWK Hawkins Inc STU:HWK
89 GF Score
Price €99.85
GF Value €120.10
! 3 Warning Signs
View Full Analysis

What is Hawkins Cyclically Adjusted FCF per Share?

Hawkins STU:HWK -1.72% 89 Cyclically Adjusted FCF per Share is €2.05 as of Jun. 2026. GuruFocus rates STU:HWK with a GF Score™ of 89/100 and a GF Value™ of €120.10. 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.

Hawkins's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.980. 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 €2.05 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hawkins's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.40% 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 Hawkins was 27.30% per year. The lowest was 0.00% per year. And the median was 7.85% per year.

As of today (2026-08-25), Hawkins's current stock price is €99.85. Hawkins's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €2.05. Hawkins's Cyclically Adjusted Price-to-FCF of today is 48.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hawkins was 86.46. The lowest was 17.04. And the median was 35.44.


Hawkins  (STU:HWK) 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.

Hawkins's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=99.85/2.05
=48.71

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hawkins was 86.46. The lowest was 17.04. And the median was 35.44.


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.


Hawkins Cyclically Adjusted FCF per Share Related Terms


Hawkins Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hawkins'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.

Hawkins Cyclically Adjusted FCF per Share Chart

Hawkins Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.05 1.50 1.81 2.05

Hawkins Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.73 1.75 1.99 2.05 2.05

STU:HWK vs FUL, ASH, WDFC: Cyclically Adjusted FCF per Share Comparison

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins Cyclically Adjusted Price-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


STU:HWK
89GF Score
Hawkins Inc STU:HWK
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hawkins 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, Hawkins's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.98/333.9520*333.9520
=0.980

Current CPI (Jun. 2026) = 333.9520.

Hawkins Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.405 241.428 0.560
201612 -0.117 241.432 -0.162
201703 0.355 243.801 0.486
201706 -0.776 244.955 -1.058
201709 0.386 246.819 0.522
201712 0.248 246.524 0.336
201803 0.384 249.554 0.514
201806 0.178 251.989 0.236
201809 0.648 252.439 0.857
201812 0.131 251.233 0.174
201903 0.477 254.202 0.627
201906 0.039 256.143 0.051
201909 0.516 256.759 0.671
201912 0.532 256.974 0.691
202003 0.373 258.115 0.483
202006 -0.137 257.797 -0.177
202009 0.612 260.280 0.785
202012 0.054 260.474 0.069
202103 0.380 264.877 0.479
202106 0.496 271.696 0.610
202109 0.825 274.310 1.004
202112 -0.427 278.802 -0.511
202203 -0.373 287.504 -0.433
202206 -0.946 296.311 -1.066
202209 0.924 296.808 1.040
202212 0.635 296.797 0.714
202303 0.748 301.836 0.828
202306 1.186 305.109 1.298
202309 2.171 307.789 2.356
202312 0.599 306.746 0.652
202403 1.311 312.332 1.402
202406 0.308 314.175 0.327
202409 1.339 315.301 1.418
202412 0.563 315.605 0.596
202503 0.869 319.799 0.907
202506 0.748 322.561 0.774
202509 1.175 324.800 1.208
202512 0.870 324.054 0.897
202603 0.752 330.213 0.761
202606 0.980 333.952 0.980

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 €2.05 mean?
Hawkins (STU:HWK) has a Cyclically Adjusted FCF per Share of €2.05 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Hawkins and its competitors.
Is Hawkins' Cyclically Adjusted FCF per Share too high?
Hawkins' current Cyclically Adjusted FCF per Share is €2.05. Overall, Hawkins has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Hawkins' Cyclically Adjusted FCF per Share compare to FUL and ASH?
Hawkins' Cyclically Adjusted FCF per Share of €2.05 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted FCF per Share depends on the Chemicals 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 Hawkins and its competitors. Hawkins's current Cyclically Adjusted FCF per Share is €2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawkins stock overvalued right now?
Hawkins (STU:HWK) has a current Cyclically Adjusted FCF per Share of €2.05. The stock's GF Value™ is €120.10, compared to a current price of €99.85 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.05. Hawkins' overall GF Score™ is 89/100 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 Hawkins (STU:HWK), the current Cyclically Adjusted FCF per Share is €2.05 as of Jun. 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 Hawkins (STU:HWK) Overvalued in 2026?

Based on GuruFocus' analysis, Hawkins stock appears to be undervalued. The current stock price of €99.85 is trading 16.9% below its estimated GF Value™ of €120.10.

Key valuation signals for STU:HWK:

  • Cyclically Adjusted FCF per Share: €2.05
  • GF Value™: €120.10 vs. price of €99.85 (16.9% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Hawkins Business Description

Other Exchanges HWKN:USA
Address 2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The Industrial Solutions segment, provides industrial chemicals, products and services to industries such as industrial manufacturing, chemical processing, electronics, energy, plating, and surface finishing. The water treatment segment, which generates the majority of revenue sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. Food and Health Sciences segment specializes in processing and formulation solutions as well as ingredient distribution to manufacturers in the nutrition, food, pharmaceutical, and agricultural markets.
89GF Score

Get the complete analysis for STU:HWK

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

€99.85
Price
€120.10
GF Value