SalMar ASA (STU:JEPA) Cyclically Adjusted FCF per Share: € (As of Jun. 2026)

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STU:JEPA SalMar ASA STU:JEPA
86 GF Score
Price €12.00
GF Value €14.49
! 8 Warning Signs
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What is SalMar ASA Cyclically Adjusted FCF per Share?

SalMar ASA STU:JEPA -2.34% 86 Cyclically Adjusted FCF per Share is € as of Jun. 2026. GuruFocus rates STU:JEPA with a GF Score™ of 86/100 and a GF Value™ of €14.49. 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.

SalMar ASA's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.228. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, SalMar ASA's average Cyclically Adjusted FCF Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% 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 SalMar ASA was 16.00% per year. The lowest was 7.00% per year. And the median was 14.35% per year.

As of today (2026-09-22), SalMar ASA's current stock price is €12.00. SalMar ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was . SalMar ASA's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SalMar ASA was 34.31. The lowest was 12.63. And the median was 23.13.


SalMar ASA  (STU:JEPA) 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 SalMar ASA was 34.31. The lowest was 12.63. And the median was 23.13.


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.


SalMar ASA Cyclically Adjusted FCF per Share Related Terms


SalMar ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for SalMar ASA'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.

SalMar ASA Cyclically Adjusted FCF per Share Chart

SalMar ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
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SalMar ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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STU:JEPA vs ADM, BG, TSN: Cyclically Adjusted FCF per Share Comparison

For the Farm Products subindustry, SalMar ASA'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.


SalMar ASA Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


STU:JEPA
86GF Score
SalMar ASA STU:JEPA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SalMar ASA 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, SalMar ASA'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)
=0.228/141.6200*141.6200
=0.228

Current CPI (Jun. 2026) = 141.6200.

SalMar ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.153 104.200 0.208
201612 -0.086 104.400 -0.117
201703 0.117 105.000 0.158
201706 0.245 105.800 0.328
201709 0.094 105.900 0.126
201712 0.127 106.100 0.170
201803 0.138 107.300 0.182
201806 0.162 108.500 0.211
201809 0.153 109.500 0.198
201812 0.140 109.800 0.181
201903 0.173 110.400 0.222
201906 0.297 110.600 0.380
201909 0.133 111.100 0.170
201912 0.115 111.300 0.146
202003 0.264 111.200 0.336
202006 0.207 112.100 0.262
202009 0.126 112.900 0.158
202012 0.011 112.900 0.014
202103 0.025 114.600 0.031
202106 0.231 115.300 0.284
202109 0.203 117.500 0.245
202112 0.159 118.900 0.189
202203 0.288 119.800 0.340
202206 0.270 122.600 0.312
202209 0.327 125.600 0.369
202212 -0.025 125.900 -0.028
202303 0.113 127.600 0.125
202306 0.217 130.400 0.236
202309 0.350 129.800 0.382
202312 0.229 131.900 0.246
202403 0.123 132.600 0.131
202406 0.091 133.800 0.096
202409 -0.037 133.700 -0.039
202412 0.124 134.800 0.130
202503 -0.514 136.100 -0.535
202506 0.089 137.800 0.091
202509 0.286 138.500 0.292
202512 0.125 139.140 0.127
202603 0.100 141.060 0.100
202606 0.228 141.620 0.228

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 € mean?
SalMar ASA (STU:JEPA) has a Cyclically Adjusted FCF per Share of € 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 SalMar ASA and its competitors.
Is SalMar ASA's Cyclically Adjusted FCF per Share too high?
SalMar ASA's current Cyclically Adjusted FCF per Share is €. Overall, SalMar ASA has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does SalMar ASA's Cyclically Adjusted FCF per Share compare to ADM and BG?
SalMar ASA's Cyclically Adjusted FCF per Share of € can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 SalMar ASA and its competitors. SalMar ASA's current Cyclically Adjusted FCF per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SalMar ASA stock overvalued right now?
SalMar ASA (STU:JEPA) has a current Cyclically Adjusted FCF per Share of €. The stock's GF Value™ is €14.49, compared to a current price of €12.00 — trading 17.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €. SalMar ASA's overall GF Score™ is 86/100 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 SalMar ASA (STU:JEPA), the current Cyclically Adjusted FCF per Share is € 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 SalMar ASA (STU:JEPA) Overvalued in 2026?

Based on GuruFocus' analysis, SalMar ASA stock appears to be undervalued. The current stock price of €12.00 is trading 17.2% below its estimated GF Value™ of €14.49.

Key valuation signals for STU:JEPA:

  • Cyclically Adjusted FCF per Share:
  • GF Value™: €14.49 vs. price of €12.00 (17.2% below fair value)
  • GF Score™: 86/100 with 8 warning signs

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


SalMar ASA Business Description

Address Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make them more convenient for customers. The salmon are sold through an in-house salesforce and close partners of the company. Proximity to customers and tracking the use of resources play a factor in delivering the raw material.
86GF Score

Get the complete analysis for STU:JEPA

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

€12.00
Price
€14.49
GF Value