IMC (WAR:IMC) Cyclically Adjusted FCF per Share: zł4.54 (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:IMC IMC SA WAR:IMC
76 GF Score
Price zł31.80
GF Value zł23.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is IMC Cyclically Adjusted FCF per Share?

IMC WAR:IMC -0.62% 76 Cyclically Adjusted FCF per Share is zł4.54 as of Mar. 2026. GuruFocus rates WAR:IMC with a GF Score™ of 76/100 and a GF Value™ of zł23.28 (Significantly 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.

IMC's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł-0.480. 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 zł4.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IMC's average Cyclically Adjusted FCF Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% 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 IMC was 12.70% per year. The lowest was 9.10% per year. And the median was 10.20% per year.

As of today (2026-08-15), IMC's current stock price is zł31.80. IMC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł4.54. IMC's Cyclically Adjusted Price-to-FCF of today is 7.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IMC was 11.11. The lowest was 1.88. And the median was 5.28.


IMC  (WAR:IMC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.80/4.54
=7.00

* 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 IMC was 11.11. The lowest was 1.88. And the median was 5.28.


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.


IMC Cyclically Adjusted FCF per Share Related Terms


IMC Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for IMC'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.

IMC Cyclically Adjusted FCF per Share Chart

IMC 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 3.25 3.57 3.91 4.35 4.64

IMC 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 4.30 4.22 4.49 4.64 4.54

WAR:IMC vs ADM, BG, TSN: Cyclically Adjusted FCF per Share Comparison

For the Farm Products subindustry, IMC'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.


IMC Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IMC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:IMC
76GF Score
IMC SA WAR:IMC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IMC 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, IMC'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)
=-0.48/127.1600*127.1600
=-0.480

Current CPI (Mar. 2026) = 127.1600.

IMC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.652 100.660 0.824
201609 0.602 100.750 0.760
201612 0.838 101.040 1.055
201703 1.276 101.780 1.594
201706 0.716 102.170 0.891
201709 0.435 102.520 0.540
201712 0.739 102.410 0.918
201803 0.277 102.900 0.342
201806 1.607 103.650 1.972
201809 0.342 104.580 0.416
201812 0.345 104.320 0.421
201903 1.296 105.140 1.567
201906 2.053 105.550 2.473
201909 0.438 105.900 0.526
201912 1.548 106.080 1.856
202003 1.642 106.040 1.969
202006 0.220 106.340 0.263
202009 2.996 106.620 3.573
202012 1.067 106.670 1.272
202103 3.477 108.140 4.089
202106 0.186 108.680 0.218
202109 1.068 109.470 1.241
202112 2.030 111.090 2.324
202203 0.562 114.780 0.623
202206 -1.864 116.750 -2.030
202209 -0.160 117.000 -0.174
202212 2.406 117.060 2.614
202303 -0.204 118.910 -0.218
202306 1.225 120.460 1.293
202309 -0.595 121.740 -0.621
202312 -0.433 121.170 -0.454
202403 1.175 122.590 1.219
202406 0.002 123.120 0.002
202409 1.673 123.300 1.725
202412 4.278 122.430 4.443
202503 0.648 124.210 0.663
202506 -0.210 125.820 -0.212
202509 1.695 126.570 1.703
202512 4.196 126.180 4.229
202603 -0.480 127.160 -0.480

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 zł4.54 mean?
IMC (WAR:IMC) has a Cyclically Adjusted FCF per Share of zł4.54 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 IMC and its competitors.
Is IMC's Cyclically Adjusted FCF per Share too high?
IMC's current Cyclically Adjusted FCF per Share is zł4.54. Overall, IMC has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IMC's Cyclically Adjusted FCF per Share compare to ADM and BG?
IMC's Cyclically Adjusted FCF per Share of zł4.54 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 IMC and its competitors. IMC's current Cyclically Adjusted FCF per Share is zł4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMC stock overvalued right now?
Based on GuruFocus' analysis, IMC (WAR:IMC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł23.28, compared to a current price of zł31.80 — trading 36.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł4.54. IMC's overall GF Score™ is 76/100 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 IMC (WAR:IMC), the current Cyclically Adjusted FCF per Share is zł4.54 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 IMC (WAR:IMC) Overvalued in 2026?

Based on GuruFocus' analysis, IMC stock appears to be overvalued. The current stock price of zł31.80 is trading 36.6% above its estimated GF Value™ of zł23.28. GuruFocus considers IMC to be Significantly Overvalued.

Key valuation signals for WAR:IMC:

  • Cyclically Adjusted FCF per Share: zł4.54
  • GF Value™: zł23.28 vs. price of zł31.80 (36.6% above fair value)
  • GF Score™: 76/100 with 3 warning signs

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


IMC Business Description

Other Exchanges IM4:Germany
Address 122, route d\'Arlon, Grand Duchy Luxembourg, LUX, L-1150
IMC SA is an integrated agricultural company operating in Ukraine. The company's activities are the cultivation of grain & oilseeds crops, and storage of grain & oilseeds crops. The Group operates in segments: crop farming, elevators, and warehouses. The crop farming segment deals with the cultivation and sale of such basic agricultural crops as corn, sunflowers, and wheat. The Elevators and warehouses segment deals with the storage and processing of agricultural produce. The company generates the majority of its revenue from the Crop farming segment.
76GF Score

Get the complete analysis for WAR:IMC

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

zł31.80
Price
zł23.28
GF Value