Bowim (WAR:BOW) Cyclically Adjusted FCF per Share: zł2.00 (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.

WAR:BOW Bowim SA WAR:BOW
62 GF Score
Price zł8.10
GF Value zł4.90
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Bowim Cyclically Adjusted FCF per Share?

Bowim WAR:BOW -0.25% 62 Cyclically Adjusted FCF per Share is zł2.00 as of Mar. 2026. GuruFocus rates WAR:BOW with a GF Score™ of 62/100 and a GF Value™ of zł4.90 (Significantly Overvalued). The stock has 7 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.

Bowim's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł1.508. 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 zł2.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bowim's average Cyclically Adjusted FCF Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% 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 Bowim was 20.00% per year. The lowest was 5.80% per year. And the median was 12.90% per year.

As of today (2026-07-22), Bowim's current stock price is zł8.10. Bowim's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł2.00. Bowim's Cyclically Adjusted Price-to-FCF of today is 4.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bowim was 12.13. The lowest was 1.81. And the median was 3.44.


Bowim  (WAR:BOW) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.10/2.00
=4.05

* 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 Bowim was 12.13. The lowest was 1.81. And the median was 3.44.


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.


Bowim Cyclically Adjusted FCF per Share Related Terms


Bowim Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Bowim'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.

Bowim Cyclically Adjusted FCF per Share Chart

Bowim 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 1.11 1.57 2.03 1.92 1.86

Bowim 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 1.95 1.94 1.93 1.86 2.00

WAR:BOW vs NUE, STLD, RS: Cyclically Adjusted FCF per Share Comparison

For the Steel subindustry, Bowim'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.


Bowim Cyclically Adjusted Price-to-FCF vs Steel Industry

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

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


WAR:BOW
62GF Score
Bowim SA WAR:BOW
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bowim 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, Bowim'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)
=1.508/163.0700*163.0700
=1.508

Current CPI (Mar. 2026) = 163.0700.

Bowim Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.211 99.552 0.346
201609 0.143 99.064 0.235
201612 -0.115 100.366 -0.187
201703 0.160 101.018 0.258
201706 0.111 101.180 0.179
201709 0.597 101.343 0.961
201712 -0.772 102.564 -1.227
201803 0.286 102.564 0.455
201806 0.066 103.378 0.104
201809 0.048 103.378 0.076
201812 -0.192 103.785 -0.302
201903 -0.240 104.274 -0.375
201906 -0.871 105.983 -1.340
201909 0.402 105.983 0.619
201912 0.745 107.123 1.134
202003 1.182 109.076 1.767
202006 1.000 109.402 1.491
202009 -0.665 109.320 -0.992
202012 0.258 109.565 0.384
202103 0.052 112.658 0.075
202106 0.391 113.960 0.559
202109 -0.557 115.588 -0.786
202112 1.772 119.088 2.426
202203 1.089 125.031 1.420
202206 1.853 131.705 2.294
202209 2.951 135.531 3.551
202212 -1.542 139.113 -1.808
202303 2.774 145.950 3.099
202306 0.777 147.009 0.862
202309 2.745 146.113 3.064
202312 -0.593 147.741 -0.655
202403 0.558 149.044 0.611
202406 -2.216 150.997 -2.393
202409 1.987 153.439 2.112
202412 0.132 154.660 0.139
202503 0.601 157.021 0.624
202506 0.043 157.509 0.045
202509 0.305 158.000 0.315
202512 -0.617 158.320 -0.636
202603 1.508 163.070 1.508

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 zł2.00 mean?
Bowim (WAR:BOW) has a Cyclically Adjusted FCF per Share of zł2.00 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 Bowim and its competitors.
Is Bowim's Cyclically Adjusted FCF per Share too high?
Bowim's current Cyclically Adjusted FCF per Share is zł2.00. Overall, Bowim has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bowim's Cyclically Adjusted FCF per Share compare to NUE and STLD?
Bowim's Cyclically Adjusted FCF per Share of zł2.00 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted FCF per Share depends on the Steel 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 Bowim and its competitors. Bowim's current Cyclically Adjusted FCF per Share is zł2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowim stock overvalued right now?
Based on GuruFocus' analysis, Bowim (WAR:BOW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł4.90, compared to a current price of zł8.10 — trading 65.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł2.00. Bowim's overall GF Score™ is 62/100 with 7 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 Bowim (WAR:BOW), the current Cyclically Adjusted FCF per Share is zł2.00 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 Bowim (WAR:BOW) Overvalued in 2026?

Based on GuruFocus' analysis, Bowim stock appears to be overvalued. The current stock price of zł8.10 is trading 65.3% above its estimated GF Value™ of zł4.90. GuruFocus considers Bowim to be Significantly Overvalued.

Key valuation signals for WAR:BOW:

  • Cyclically Adjusted FCF per Share: zł2.00
  • GF Value™: zł4.90 vs. price of zł8.10 (65.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


Bowim Business Description

Address Niwecka Street 1 E, Sosnowiec, POL, 41-200
Bowim SA offers carbon steel products made by Polish and foreign manufacturers. The company is engaged in the production of reinforcement prefabricated units and guides for the construction industry. It also provides cross-cutting, longitudinal cold-rolled, galvanized, and services installation of reinforcing steel for the building of infrastructure, industry, and housing, and a fleet of modern trucks for delivery purposes.
62GF Score

Get the complete analysis for WAR:BOW

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

zł8.10
Price
zł4.90
GF Value