Moj (WAR:MOJ) Cyclically Adjusted FCF per Share: zł0.14 (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:MOJ Moj SA WAR:MOJ
74 GF Score
Price zł1.45
GF Value zł1.35
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Moj Cyclically Adjusted FCF per Share?

Moj WAR:MOJ 74 Cyclically Adjusted FCF per Share is zł0.14 as of Mar. 2026. GuruFocus rates WAR:MOJ with a GF Score™ of 74/100 and a GF Value™ of zł1.35 (Fairly Valued). The stock has 5 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.

Moj's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł-0.008. 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 zł0.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Moj's average Cyclically Adjusted FCF Growth Rate was 7.70% 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.

As of today (2026-08-08), Moj's current stock price is zł1.45. Moj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł0.14. Moj's Cyclically Adjusted Price-to-FCF of today is 10.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Moj was 236.00. The lowest was 8.24. And the median was 13.64.


Moj  (WAR:MOJ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.45/0.14
=10.36

* 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 Moj was 236.00. The lowest was 8.24. And the median was 13.64.


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.


Moj Cyclically Adjusted FCF per Share Related Terms


Moj Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Moj'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.

Moj Cyclically Adjusted FCF per Share Chart

Moj 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 0.00 -0.01 0.13 0.12 0.14

Moj 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 0.13 0.13 0.17 0.14 0.14

WAR:MOJ vs GEV, ETN, PH: Cyclically Adjusted FCF per Share Comparison

For the Specialty Industrial Machinery subindustry, Moj'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.


Moj Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Moj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:MOJ
74GF Score
Moj SA WAR:MOJ
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moj 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, Moj'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)
=-0.008/163.0700*163.0700
=-0.008

Current CPI (Mar. 2026) = 163.0700.

Moj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.039 99.552 0.064
201609 0.108 99.064 0.178
201612 0.065 100.366 0.106
201703 0.091 101.018 0.147
201706 0.133 101.180 0.214
201709 0.053 101.343 0.085
201712 0.050 102.564 0.079
201803 0.102 102.564 0.162
201806 0.042 103.378 0.066
201809 -0.063 103.378 -0.099
201812 -0.255 103.785 -0.401
201903 0.031 104.274 0.048
201906 0.139 105.983 0.214
201909 -0.263 105.983 -0.405
201912 0.055 107.123 0.084
202003 -0.407 109.076 -0.608
202006 0.149 109.402 0.222
202009 -0.007 109.320 -0.010
202012 -0.051 109.565 -0.076
202103 0.374 112.658 0.541
202106 -0.320 113.960 -0.458
202109 -0.023 115.588 -0.032
202112 0.531 119.088 0.727
202203 -0.085 125.031 -0.111
202206 0.065 131.705 0.080
202209 -0.259 135.531 -0.312
202212 0.451 139.113 0.529
202303 0.004 145.950 0.004
202306 0.209 147.009 0.232
202309 0.177 146.113 0.198
202312 0.145 147.741 0.160
202403 -0.349 149.044 -0.382
202406 0.001 150.997 0.001
202409 -0.091 153.439 -0.097
202412 -0.022 154.660 -0.023
202503 0.170 157.021 0.177
202506 -0.243 157.509 -0.252
202509 0.189 158.000 0.195
202512 0.175 158.320 0.180
202603 -0.008 163.070 -0.008

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 zł0.14 mean?
Moj (WAR:MOJ) has a Cyclically Adjusted FCF per Share of zł0.14 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 Moj and its competitors.
Is Moj's Cyclically Adjusted FCF per Share too high?
Moj's current Cyclically Adjusted FCF per Share is zł0.14. Overall, Moj has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Moj's Cyclically Adjusted FCF per Share compare to GEV and ETN?
Moj's Cyclically Adjusted FCF per Share of zł0.14 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 Moj and its competitors. Moj's current Cyclically Adjusted FCF per Share is zł0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moj stock overvalued right now?
Based on GuruFocus' analysis, Moj (WAR:MOJ) is currently considered Fairly Valued. The stock's GF Value™ is zł1.35, compared to a current price of zł1.45 — trading 7.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł0.14. Moj's overall GF Score™ is 74/100 with 5 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 Moj (WAR:MOJ), the current Cyclically Adjusted FCF per Share is zł0.14 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 Moj (WAR:MOJ) Overvalued in 2026?

Based on GuruFocus' analysis, Moj stock appears to be overvalued. The current stock price of zł1.45 is trading 7.4% above its estimated GF Value™ of zł1.35. GuruFocus considers Moj to be Fairly Valued.

Key valuation signals for WAR:MOJ:

  • Cyclically Adjusted FCF per Share: zł0.14
  • GF Value™: zł1.35 vs. price of zł1.45 (7.4% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


Moj Business Description

Address ul. Tokarska 6, Katowice, POL, 40-859
Moj SA is engaged in the electromechanical industry. It offers industrial couplings, drilling equipment and low mechanization equipment for mining. The company products include communication, clutches, hydraulic aggregate, pumps, drilling equipment, drills, keys, VALENT friction racks, used machines, transmissions, geared and brakes.
74GF Score

Get the complete analysis for WAR:MOJ

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

zł1.45
Price
zł1.35
GF Value