Igoria Trade (WAR:IGT) Cyclically Adjusted FCF per Share: zł0.53 (As of Mar. 2026)

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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.
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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:IGT Igoria Trade SA WAR:IGT
35 GF Score
Price zł0.46
GF Value zł0.32
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Igoria Trade Cyclically Adjusted FCF per Share?

Igoria Trade WAR:IGT -0.87% 35 Cyclically Adjusted FCF per Share is zł0.53 as of Mar. 2026. GuruFocus rates WAR:IGT with a GF Score™ of 35/100 and a GF Value™ of zł0.32 (Significantly Overvalued). The stock has 2 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.

Igoria Trade's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł-0.650. 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 zł0.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Igoria Trade's average Cyclically Adjusted FCF Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Igoria Trade was 5.10% per year. The lowest was -1.30% per year. And the median was 1.90% per year.

As of today (2026-07-20), Igoria Trade's current stock price is zł0.456. Igoria Trade's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł0.53. Igoria Trade's Cyclically Adjusted Price-to-FCF of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Igoria Trade was 1.26. The lowest was 0.34. And the median was 0.51.


Igoria Trade  (WAR:IGT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.456/0.53
=0.86

* 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 Igoria Trade was 1.26. The lowest was 0.34. And the median was 0.51.


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.


Igoria Trade Cyclically Adjusted FCF per Share Related Terms


Igoria Trade Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Igoria Trade'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.

Igoria Trade Cyclically Adjusted FCF per Share Chart

Igoria Trade 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 0.51 0.50 0.48 0.49 0.58

Igoria Trade 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 0.52 0.51 0.50 0.58 0.53

WAR:IGT vs SPGI, CME, MCO: Cyclically Adjusted FCF per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Igoria Trade'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.


Igoria Trade Cyclically Adjusted Price-to-FCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Igoria Trade's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:IGT
35GF Score
Igoria Trade SA WAR:IGT
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Igoria Trade 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, Igoria Trade'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)
=-0.65/163.0700*163.0700
=-0.650

Current CPI (Mar. 2026) = 163.0700.

Igoria Trade Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.092 99.552 0.151
201609 -0.029 99.064 -0.048
201612 -0.003 100.366 -0.005
201703 -0.040 101.018 -0.065
201706 0.048 101.180 0.077
201709 0.016 101.343 0.026
201712 6.701 102.564 10.654
201803 -3.023 102.564 -4.806
201806 -0.628 103.378 -0.991
201809 0.216 103.378 0.341
201812 -1.062 103.785 -1.669
201903 -0.252 104.274 -0.394
201906 1.575 105.983 2.423
201909 -1.538 105.983 -2.366
201912 1.919 107.123 2.921
202003 -0.116 109.076 -0.173
202006 -0.082 109.402 -0.122
202009 0.014 109.320 0.021
202012 0.343 109.565 0.511
202103 0.072 112.658 0.104
202106 -0.382 113.960 -0.547
202109 0.127 115.588 0.179
202112 -0.015 119.088 -0.021
202203 -0.031 125.031 -0.040
202206 -0.129 131.705 -0.160
202209 -0.129 135.531 -0.155
202212 -0.045 139.113 -0.053
202303 -0.063 145.950 -0.070
202306 0.035 147.009 0.039
202309 0.677 146.113 0.756
202312 -1.011 147.741 -1.116
202403 -0.111 149.044 -0.121
202406 -0.044 150.997 -0.048
202409 -0.075 153.439 -0.080
202412 0.224 154.660 0.236
202503 0.126 157.021 0.131
202506 -0.199 157.509 -0.206
202509 -0.043 158.000 -0.044
202512 0.686 158.320 0.707
202603 -0.650 163.070 -0.650

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 zł0.53 mean?
Igoria Trade (WAR:IGT) has a Cyclically Adjusted FCF per Share of zł0.53 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 Igoria Trade and its competitors.
Is Igoria Trade's Cyclically Adjusted FCF per Share too high?
Igoria Trade's current Cyclically Adjusted FCF per Share is zł0.53. Overall, Igoria Trade has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Igoria Trade's Cyclically Adjusted FCF per Share compare to SPGI and CME?
Igoria Trade's Cyclically Adjusted FCF per Share of zł0.53 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted FCF per Share depends on the Capital Markets 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 Igoria Trade and its competitors. Igoria Trade's current Cyclically Adjusted FCF per Share is zł0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igoria Trade stock overvalued right now?
Based on GuruFocus' analysis, Igoria Trade (WAR:IGT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.32, compared to a current price of zł0.46 — trading 42.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł0.53. Igoria Trade's overall GF Score™ is 35/100 with 2 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 Igoria Trade (WAR:IGT), the current Cyclically Adjusted FCF per Share is zł0.53 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 Igoria Trade (WAR:IGT) Overvalued in 2026?

Based on GuruFocus' analysis, Igoria Trade stock appears to be overvalued. The current stock price of zł0.46 is trading 42.5% above its estimated GF Value™ of zł0.32. GuruFocus considers Igoria Trade to be Significantly Overvalued.

Key valuation signals for WAR:IGT:

  • Cyclically Adjusted FCF per Share: zł0.53
  • GF Value™: zł0.32 vs. price of zł0.46 (42.5% above fair value)
  • GF Score™: 35/100 with 2 warning signs

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


Igoria Trade Business Description

Address Ulica Pulawska 111A/109, Warszawa, POL, 02-707
Igoria Trade SA is a financial services company. The company provides international advisory, consulting, and payment processing services to companies and individuals. Additionally, it offers services such as transfers and escrow accounts.
35GF Score

Get the complete analysis for WAR:IGT

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

zł0.46
Price
zł0.32
GF Value