PlayWay (WAR:PLW) Cyclically Adjusted FCF per Share: zł18.71 (As of Mar. 2026)


WAR:PLW PlayWay SA WAR:PLW
87 GF Score
Price zł240.00
GF Value zł313.09
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is PlayWay Cyclically Adjusted FCF per Share?

PlayWay WAR:PLW +1.27% 87 Cyclically Adjusted FCF per Share is zł18.71 as of Mar. 2026. GuruFocus rates WAR:PLW with a GF Score™ of 87/100 and a GF Value™ of zł313.09 (Modestly Undervalued). The stock has 7 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.

PlayWay's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł6.867. 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 zł18.71 for the trailing ten years ended in Mar. 2026.

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 (2026-07-10), PlayWay's current stock price is zł240.00. PlayWay's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł18.71. PlayWay's Cyclically Adjusted Price-to-FCF of today is 12.83.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of PlayWay was 18.98. The lowest was 12.64. And the median was 15.03.


PlayWay  (WAR:PLW) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=240.00/18.71
=12.83

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of PlayWay was 18.98. The lowest was 12.64. And the median was 15.03.


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.


PlayWay Cyclically Adjusted FCF per Share Related Terms


PlayWay Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay Cyclically Adjusted FCF per Share Chart

PlayWay 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 0.00 0.00 0.00 17.46

PlayWay 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 0.00 16.86 16.95 17.46 18.71

WAR:PLW vs NTES, EA, TTWO: Cyclically Adjusted FCF per Share Comparison

For the Electronic Gaming & Multimedia subindustry, PlayWay'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.


PlayWay Cyclically Adjusted Price-to-FCF vs Interactive Media Industry

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

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


WAR:PLW
87GF Score
PlayWay SA WAR:PLW
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlayWay 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, PlayWay'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)
=6.867/163.0700*163.0700
=6.867

Current CPI (Mar. 2026) = 163.0700.

PlayWay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.039 99.552 -0.064
201609 -0.049 99.064 -0.081
201612 0.020 100.366 0.032
201703 0.244 101.018 0.394
201706 -0.027 101.180 -0.044
201709 0.000 101.343 0.000
201712 1.392 102.564 2.213
201803 0.255 102.564 0.405
201806 3.688 103.378 5.818
201809 -0.076 103.378 -0.120
201812 1.539 103.785 2.418
201903 1.321 104.274 2.066
201906 1.571 105.983 2.417
201909 1.934 105.983 2.976
201912 1.449 107.123 2.206
202003 2.569 109.076 3.841
202006 0.983 109.402 1.465
202009 2.802 109.320 4.180
202012 1.675 109.565 2.493
202103 3.655 112.658 5.291
202106 3.080 113.960 4.407
202109 5.500 115.588 7.759
202112 15.334 119.088 20.997
202203 5.544 125.031 7.231
202206 3.672 131.705 4.546
202209 21.622 135.531 26.015
202212 0.702 139.113 0.823
202303 4.059 145.950 4.535
202306 4.023 147.009 4.463
202309 9.626 146.113 10.743
202312 1.674 147.741 1.848
202403 7.221 149.044 7.901
202406 5.709 150.997 6.165
202409 4.277 153.439 4.545
202412 5.650 154.660 5.957
202503 5.152 157.021 5.350
202506 4.983 157.509 5.159
202509 4.555 158.000 4.701
202512 4.357 158.320 4.488
202603 6.867 163.070 6.867

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 zł18.71 mean?
PlayWay (WAR:PLW) has a Cyclically Adjusted FCF per Share of zł18.71 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 PlayWay and its competitors.
Is PlayWay's Cyclically Adjusted FCF per Share too high?
PlayWay's current Cyclically Adjusted FCF per Share is zł18.71. Overall, PlayWay has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's Cyclically Adjusted FCF per Share compare to NTES and EA?
PlayWay's Cyclically Adjusted FCF per Share of zł18.71 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Cyclically Adjusted FCF per Share depends on the Interactive Media 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 PlayWay and its competitors. PlayWay's current Cyclically Adjusted FCF per Share is zł18.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (WAR:PLW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł313.09, compared to a current price of zł240.00 — trading 23.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is zł18.71. PlayWay's overall GF Score™ is 87/100 with 7 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 PlayWay (WAR:PLW), the current Cyclically Adjusted FCF per Share is zł18.71 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 PlayWay (WAR:PLW) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of zł240.00 is trading 23.3% below its estimated GF Value™ of zł313.09. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for WAR:PLW:

  • Cyclically Adjusted FCF per Share: zł18.71
  • GF Value™: zł313.09 vs. price of zł240.00 (23.3% below fair value)
  • GF Score™: 87/100 with 7 warning signs

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


PlayWay Business Description

Other Exchanges 6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
87GF Score

Get the complete analysis for WAR:PLW

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

zł240.00
Price
zł313.09
GF Value