Fabryki Mebli Forte (WAR:FTE) Cyclically Adjusted FCF per Share: zł1.04 (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:FTE Fabryki Mebli Forte SA WAR:FTE
75 GF Score
Price zł15.30
GF Value zł26.00
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Fabryki Mebli Forte Cyclically Adjusted FCF per Share?

Fabryki Mebli Forte WAR:FTE -1.29% 75 Cyclically Adjusted FCF per Share is zł1.04 as of Mar. 2026. GuruFocus rates WAR:FTE with a GF Score™ of 75/100 and a GF Value™ of zł26.00 (Significantly Undervalued). The stock has 4 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.

Fabryki Mebli Forte's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł0.850. 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 zł1.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fabryki Mebli Forte's average Cyclically Adjusted FCF Growth Rate was 40.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 38.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 54.50% 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 Fabryki Mebli Forte was 68.70% per year. The lowest was 6.10% per year. And the median was 38.70% per year.

As of today (2026-07-31), Fabryki Mebli Forte's current stock price is zł15.30. Fabryki Mebli Forte's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł1.04. Fabryki Mebli Forte's Cyclically Adjusted Price-to-FCF of today is 14.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fabryki Mebli Forte was 1048.00. The lowest was 15.66. And the median was 70.00.


Fabryki Mebli Forte  (WAR:FTE) 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.

Fabryki Mebli Forte's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.30/1.04
=14.71

* 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 Fabryki Mebli Forte was 1048.00. The lowest was 15.66. And the median was 70.00.


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.


Fabryki Mebli Forte Cyclically Adjusted FCF per Share Related Terms


Fabryki Mebli Forte Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Fabryki Mebli Forte'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.

Fabryki Mebli Forte Cyclically Adjusted FCF per Share Chart

Fabryki Mebli Forte Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.39 0.24 0.74 1.04

Fabryki Mebli Forte Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.74 0.77 0.72 0.87 1.04

WAR:FTE vs SN, SGI, MHK: Cyclically Adjusted FCF per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fabryki Mebli Forte'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.


Fabryki Mebli Forte Cyclically Adjusted Price-to-FCF vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fabryki Mebli Forte's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:FTE
75GF Score
Fabryki Mebli Forte SA WAR:FTE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fabryki Mebli Forte 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, Fabryki Mebli Forte'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)
=0.85/163.0700*163.0700
=0.850

Current CPI (Mar. 2026) = 163.0700.

Fabryki Mebli Forte Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 1.192 98.983 1.964
201606 -1.945 99.552 -3.186
201609 -2.141 99.064 -3.524
201612 0.787 100.366 1.279
201703 -1.241 101.018 -2.003
201706 -3.286 101.180 -5.296
201709 -2.557 101.343 -4.114
201712 -1.418 102.564 -2.255
201803 -4.105 102.564 -6.527
201806 -0.467 103.378 -0.737
201809 -0.229 103.378 -0.361
201812 -0.088 103.785 -0.138
201903 0.887 104.274 1.387
201906 1.475 105.983 2.270
201909 2.134 105.983 3.283
201912 2.835 107.123 4.316
202003 0.545 109.076 0.815
202006 1.115 109.402 1.662
202009 1.306 109.320 1.948
202012 2.858 109.565 4.254
202103 0.691 112.658 1.000
202106 0.795 113.960 1.138
202109 0.638 115.588 0.900
202112 2.479 119.088 3.395
202203 -1.351 125.031 -1.762
202206 -1.254 131.705 -1.553
202209 1.157 135.531 1.392
202212 0.642 139.113 0.753
202306 -0.139 147.009 -0.154
202309 0.847 146.113 0.945
202312 1.167 147.741 1.288
202403 0.238 149.044 0.260
202406 1.146 150.997 1.238
202409 0.548 153.439 0.582
202412 1.522 154.660 1.605
202503 0.948 157.021 0.985
202506 1.550 157.509 1.605
202509 0.244 158.000 0.252
202512 0.666 158.320 0.686
202603 0.850 163.070 0.850

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 zł1.04 mean?
Fabryki Mebli Forte (WAR:FTE) has a Cyclically Adjusted FCF per Share of zł1.04 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 Fabryki Mebli Forte and its competitors.
Is Fabryki Mebli Forte's Cyclically Adjusted FCF per Share too high?
Fabryki Mebli Forte's current Cyclically Adjusted FCF per Share is zł1.04. Overall, Fabryki Mebli Forte has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fabryki Mebli Forte's Cyclically Adjusted FCF per Share compare to SN and SGI?
Fabryki Mebli Forte's Cyclically Adjusted FCF per Share of zł1.04 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted FCF per Share depends on the Furnishings, Fixtures & Appliances 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 Fabryki Mebli Forte and its competitors. Fabryki Mebli Forte's current Cyclically Adjusted FCF per Share is zł1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabryki Mebli Forte stock overvalued right now?
Based on GuruFocus' analysis, Fabryki Mebli Forte (WAR:FTE) is currently considered Significantly Undervalued. The stock's GF Value™ is zł26.00, compared to a current price of zł15.30 — trading 41.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is zł1.04. Fabryki Mebli Forte's overall GF Score™ is 75/100 with 4 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 Fabryki Mebli Forte (WAR:FTE), the current Cyclically Adjusted FCF per Share is zł1.04 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 Fabryki Mebli Forte (WAR:FTE) Overvalued in 2026?

Based on GuruFocus' analysis, Fabryki Mebli Forte stock appears to be undervalued. The current stock price of zł15.30 is trading 41.2% below its estimated GF Value™ of zł26.00. GuruFocus considers Fabryki Mebli Forte to be Significantly Undervalued.

Key valuation signals for WAR:FTE:

  • Cyclically Adjusted FCF per Share: zł1.04
  • GF Value™: zł26.00 vs. price of zł15.30 (41.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Fabryki Mebli Forte Business Description

Address ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.
75GF Score

Get the complete analysis for WAR:FTE

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

zł15.30
Price
zł26.00
GF Value