Digital Network (WAR:DIG) Cyclically Adjusted FCF per Share: zł4.47 (As of Mar. 2026)

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WAR:DIG Digital Network SA WAR:DIG
79 GF Score
Price zł292.00
GF Value zł141.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Digital Network Cyclically Adjusted FCF per Share?

Digital Network WAR:DIG -3.95% 79 Cyclically Adjusted FCF per Share is zł4.47 as of Mar. 2026. GuruFocus rates WAR:DIG with a GF Score™ of 79/100 and a GF Value™ of zł141.35 (Significantly Overvalued). The stock has 6 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.

Digital Network's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł2.065. 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 zł4.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Digital Network's average Cyclically Adjusted FCF Growth Rate was 39.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.50% 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 Digital Network was 33.10% per year. The lowest was 28.50% per year. And the median was 30.90% per year.

As of today (2026-07-19), Digital Network's current stock price is zł292.00. Digital Network's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł4.47. Digital Network's Cyclically Adjusted Price-to-FCF of today is 65.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Digital Network was 68.64. The lowest was 4.43. And the median was 7.81.


Digital Network  (WAR:DIG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=292.00/4.47
=65.32

* 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 Digital Network was 68.64. The lowest was 4.43. And the median was 7.81.


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.


Digital Network Cyclically Adjusted FCF per Share Related Terms


Digital Network Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Digital Network'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.

Digital Network Cyclically Adjusted FCF per Share Chart

Digital Network 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 1.27 1.76 2.17 2.94 4.15

Digital Network 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 3.21 3.49 3.69 4.15 4.47

WAR:DIG vs NXST: Cyclically Adjusted FCF per Share Comparison

For the Broadcasting subindustry, Digital Network'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.


Digital Network Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Network's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:DIG
79GF Score
Digital Network SA WAR:DIG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Network 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, Digital Network'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)
=2.065/163.0700*163.0700
=2.065

Current CPI (Mar. 2026) = 163.0700.

Digital Network Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.622 99.552 1.019
201609 -0.305 99.064 -0.502
201612 -0.233 100.366 -0.379
201703 0.456 101.018 0.736
201706 0.483 101.180 0.778
201709 -0.045 101.343 -0.072
201712 0.848 102.564 1.348
201803 0.210 102.564 0.334
201806 1.023 103.378 1.614
201809 0.546 103.378 0.861
201812 -0.243 103.785 -0.382
201903 -0.518 104.274 -0.810
201906 0.509 105.983 0.783
201909 -0.597 105.983 -0.919
201912 0.676 107.123 1.029
202003 -0.091 109.076 -0.136
202006 1.785 109.402 2.661
202009 -0.530 109.320 -0.791
202012 -0.614 109.565 -0.914
202103 0.867 112.658 1.255
202106 1.014 113.960 1.451
202109 0.554 115.588 0.782
202112 1.044 119.088 1.430
202203 1.337 125.031 1.744
202206 0.728 131.705 0.901
202209 0.425 135.531 0.511
202212 1.421 139.113 1.666
202303 1.023 145.950 1.143
202306 0.954 147.009 1.058
202309 1.422 146.113 1.587
202312 3.301 147.741 3.643
202403 1.583 149.044 1.732
202406 0.556 150.997 0.600
202409 1.923 153.439 2.044
202412 2.969 154.660 3.130
202503 2.111 157.021 2.192
202506 2.639 157.509 2.732
202509 1.298 158.000 1.340
202512 5.305 158.320 5.464
202603 2.065 163.070 2.065

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 zł4.47 mean?
Digital Network (WAR:DIG) has a Cyclically Adjusted FCF per Share of zł4.47 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 Digital Network and its competitors.
Is Digital Network's Cyclically Adjusted FCF per Share too high?
Digital Network's current Cyclically Adjusted FCF per Share is zł4.47. Overall, Digital Network has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Network's Cyclically Adjusted FCF per Share compare to NXST?
Digital Network's Cyclically Adjusted FCF per Share of zł4.47 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified 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 Digital Network and its competitors. Digital Network's current Cyclically Adjusted FCF per Share is zł4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Network stock overvalued right now?
Based on GuruFocus' analysis, Digital Network (WAR:DIG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł141.35, compared to a current price of zł292.00 — trading 106.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł4.47. Digital Network's overall GF Score™ is 79/100 with 6 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 Digital Network (WAR:DIG), the current Cyclically Adjusted FCF per Share is zł4.47 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 Digital Network (WAR:DIG) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Network stock appears to be overvalued. The current stock price of zł292.00 is trading 106.6% above its estimated GF Value™ of zł141.35. GuruFocus considers Digital Network to be Significantly Overvalued.

Key valuation signals for WAR:DIG:

  • Cyclically Adjusted FCF per Share: zł4.47
  • GF Value™: zł141.35 vs. price of zł292.00 (106.6% above fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Digital Network Business Description

Other Exchanges RC6:Germany
Address ul. Fabryczna 5A, 3rd floor, Warszawa, POL, 00-446
Digital Network SA consists in selling advertising time through digital outdoor advertising in Poland.
79GF Score

Get the complete analysis for WAR:DIG

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

zł292.00
Price
zł141.35
GF Value