Asseco Business Solutions (WAR:ABS) Cyclically Adjusted FCF per Share: zł3.55 (As of Mar. 2026)

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WAR:ABS Asseco Business Solutions SA WAR:ABS
93 GF Score
Price zł88.00
GF Value zł79.02
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asseco Business Solutions Cyclically Adjusted FCF per Share?

Asseco Business Solutions WAR:ABS 93 Cyclically Adjusted FCF per Share is zł3.55 as of Mar. 2026. GuruFocus rates WAR:ABS with a GF Score™ of 93/100 and a GF Value™ of zł79.02 (Modestly Overvalued). 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.

Asseco Business Solutions's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł1.148. 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 zł3.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asseco Business Solutions's average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.80% 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 Asseco Business Solutions was 20.10% per year. The lowest was 14.00% per year. And the median was 18.90% per year.

As of today (2026-08-02), Asseco Business Solutions's current stock price is zł88.00. Asseco Business Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł3.55. Asseco Business Solutions's Cyclically Adjusted Price-to-FCF of today is 24.79.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asseco Business Solutions was 30.07. The lowest was 13.04. And the median was 22.76.


Asseco Business Solutions  (WAR:ABS) 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.

Asseco Business Solutions's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=88.00/3.55
=24.79

* 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 Asseco Business Solutions was 30.07. The lowest was 13.04. And the median was 22.76.


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.


Asseco Business Solutions Cyclically Adjusted FCF per Share Related Terms


Asseco Business Solutions Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Cyclically Adjusted FCF per Share Chart

Asseco Business Solutions 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 1.76 2.27 2.55 2.96 3.36

Asseco Business Solutions 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 3.06 3.13 3.20 3.36 3.55

WAR:ABS vs QH, SHOP, UBER: Cyclically Adjusted FCF per Share Comparison

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions Cyclically Adjusted Price-to-FCF vs Software Industry

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

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


WAR:ABS
93GF Score
Asseco Business Solutions SA WAR:ABS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asseco Business Solutions 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, Asseco Business Solutions'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)
=1.148/163.0700*163.0700
=1.148

Current CPI (Mar. 2026) = 163.0700.

Asseco Business Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.236 99.552 0.387
201609 0.278 99.064 0.458
201612 0.405 100.366 0.658
201703 0.249 101.018 0.402
201706 0.249 101.180 0.401
201709 0.318 101.343 0.512
201712 0.696 102.564 1.107
201803 0.486 102.564 0.773
201806 0.313 103.378 0.494
201809 0.512 103.378 0.808
201812 0.689 103.785 1.083
201903 0.585 104.274 0.915
201906 0.538 105.983 0.828
201909 0.529 105.983 0.814
201912 1.027 107.123 1.563
202003 0.499 109.076 0.746
202006 0.537 109.402 0.800
202009 0.597 109.320 0.891
202012 1.086 109.565 1.616
202103 0.378 112.658 0.547
202106 0.422 113.960 0.604
202109 0.586 115.588 0.827
202112 0.818 119.088 1.120
202203 0.795 125.031 1.037
202206 0.361 131.705 0.447
202209 0.614 135.531 0.739
202212 0.991 139.113 1.162
202303 0.571 145.950 0.638
202306 0.324 147.009 0.359
202309 0.728 146.113 0.812
202312 1.142 147.741 1.260
202403 0.635 149.044 0.695
202406 0.522 150.997 0.564
202409 0.784 153.439 0.833
202412 2.140 154.660 2.256
202503 0.796 157.021 0.827
202506 0.806 157.509 0.834
202509 1.056 158.000 1.090
202512 2.331 158.320 2.401
202603 1.148 163.070 1.148

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 zł3.55 mean?
Asseco Business Solutions (WAR:ABS) has a Cyclically Adjusted FCF per Share of zł3.55 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 Asseco Business Solutions and its competitors.
Is Asseco Business Solutions' Cyclically Adjusted FCF per Share too high?
Asseco Business Solutions' current Cyclically Adjusted FCF per Share is zł3.55. Overall, Asseco Business Solutions has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Business Solutions' Cyclically Adjusted FCF per Share compare to QH and SHOP?
Asseco Business Solutions' Cyclically Adjusted FCF per Share of zł3.55 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 Asseco Business Solutions and its competitors. Asseco Business Solutions's current Cyclically Adjusted FCF per Share is zł3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Business Solutions stock overvalued right now?
Based on GuruFocus' analysis, Asseco Business Solutions (WAR:ABS) is currently considered Modestly Overvalued. The stock's GF Value™ is zł79.02, compared to a current price of zł88.00 — trading 11.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł3.55. Asseco Business Solutions' overall GF Score™ is 93/100 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 Asseco Business Solutions (WAR:ABS), the current Cyclically Adjusted FCF per Share is zł3.55 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 Asseco Business Solutions (WAR:ABS) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco Business Solutions stock appears to be overvalued. The current stock price of zł88.00 is trading 11.4% above its estimated GF Value™ of zł79.02. GuruFocus considers Asseco Business Solutions to be Modestly Overvalued.

Key valuation signals for WAR:ABS:

  • Cyclically Adjusted FCF per Share: zł3.55
  • GF Value™: zł79.02 vs. price of zł88.00 (11.4% above fair value)
  • GF Score™: 93/100 with 3 warning signs

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


Asseco Business Solutions Business Description

Other Exchanges 9QQ:Germany
Address ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.
93GF Score

Get the complete analysis for WAR:ABS

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

zł88.00
Price
zł79.02
GF Value