Telesto (WAR:TLO) Cyclically Adjusted FCF per Share: zł0.19 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:TLO Telesto SA WAR:TLO
64 GF Score
Price zł13.00
GF Value zł27.75
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Telesto Cyclically Adjusted FCF per Share?

Telesto WAR:TLO -2.99% 64 Cyclically Adjusted FCF per Share is zł0.19 as of Mar. 2026. GuruFocus rates WAR:TLO with a GF Score™ of 64/100 and a GF Value™ of zł27.75 (Possible Value Trap). 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.

Telesto's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł0.643. 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 zł0.19 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Telesto was 6.10% per year. The lowest was 6.10% per year. And the median was 6.10% per year.

As of today (2026-07-18), Telesto's current stock price is zł13.00. Telesto's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł0.19. Telesto's Cyclically Adjusted Price-to-FCF of today is 68.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Telesto was 165.83. The lowest was 67.49. And the median was 94.35.


Telesto  (WAR:TLO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.00/0.19
=68.42

* 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 Telesto was 165.83. The lowest was 67.49. And the median was 94.35.


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.


Telesto Cyclically Adjusted FCF per Share Related Terms


Telesto Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Telesto'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.

Telesto Cyclically Adjusted FCF per Share Chart

Telesto 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 -0.29 -0.34 -0.24 -0.24 0.12

Telesto 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 -0.30 -0.21 0.19 0.12 0.19

WAR:TLO vs WM, RSG, WCN: Cyclically Adjusted FCF per Share Comparison

For the Waste Management subindustry, Telesto'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.


Telesto Cyclically Adjusted Price-to-FCF vs Waste Management Industry

For the Waste Management industry and Industrials sector, Telesto's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:TLO
64GF Score
Telesto SA WAR:TLO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telesto 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, Telesto'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)
=0.643/163.0700*163.0700
=0.643

Current CPI (Mar. 2026) = 163.0700.

Telesto Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.009 99.552 -0.015
201609 0.065 99.064 0.107
201612 -0.067 100.366 -0.109
201703 -0.143 101.018 -0.231
201706 0.004 101.180 0.006
201709 0.153 101.343 0.246
201712 -0.140 102.564 -0.223
201803 -0.029 102.564 -0.046
201806 -0.139 103.378 -0.219
201809 0.000 103.378 0.000
201812 0.420 103.785 0.660
201903 -0.011 104.274 -0.017
201906 -0.047 105.983 -0.072
201909 0.418 105.983 0.643
201912 -0.201 107.123 -0.306
202003 -0.062 109.076 -0.093
202006 0.018 109.402 0.027
202009 -0.098 109.320 -0.146
202012 0.047 109.565 0.070
202103 -0.206 112.658 -0.298
202106 0.226 113.960 0.323
202109 0.075 115.588 0.106
202112 0.329 119.088 0.451
202203 -0.235 125.031 -0.306
202206 0.659 131.705 0.816
202209 -0.851 135.531 -1.024
202212 0.114 139.113 0.134
202303 0.036 145.950 0.040
202306 -0.158 147.009 -0.175
202309 0.122 146.113 0.136
202312 0.043 147.741 0.047
202403 -0.043 149.044 -0.047
202406 1.137 150.997 1.228
202409 -1.093 153.439 -1.162
202412 0.844 154.660 0.890
202503 -0.226 157.021 -0.235
202506 0.133 157.509 0.138
202509 0.093 158.000 0.096
202512 -0.199 158.320 -0.205
202603 0.643 163.070 0.643

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 zł0.19 mean?
Telesto (WAR:TLO) has a Cyclically Adjusted FCF per Share of zł0.19 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 Telesto and its competitors.
Is Telesto's Cyclically Adjusted FCF per Share too high?
Telesto's current Cyclically Adjusted FCF per Share is zł0.19. Overall, Telesto has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Telesto's Cyclically Adjusted FCF per Share compare to WM and RSG?
Telesto's Cyclically Adjusted FCF per Share of zł0.19 can be compared against companies in the Waste Management 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 Waste Management company?
A good Cyclically Adjusted FCF per Share depends on the Waste Management 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 Telesto and its competitors. Telesto's current Cyclically Adjusted FCF per Share is zł0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telesto stock overvalued right now?
Based on GuruFocus' analysis, Telesto (WAR:TLO) is currently considered Possible Value Trap. The stock's GF Value™ is zł27.75, compared to a current price of zł13.00 — trading 53.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is zł0.19. Telesto's overall GF Score™ is 64/100 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 Telesto (WAR:TLO), the current Cyclically Adjusted FCF per Share is zł0.19 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 Telesto (WAR:TLO) Overvalued in 2026?

Based on GuruFocus' analysis, Telesto stock appears to be undervalued. The current stock price of zł13.00 is trading 53.2% below its estimated GF Value™ of zł27.75. GuruFocus considers Telesto to be Possible Value Trap.

Key valuation signals for WAR:TLO:

  • Cyclically Adjusted FCF per Share: zł0.19
  • GF Value™: zł27.75 vs. price of zł13.00 (53.2% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Telesto Business Description

Address Ulica Ludwinowska 17, Warsaw, POL, 02-856
Telesto SA is engaged in reducing dust using water mist technology for energy, mining and stone processing industries.
64GF Score

Get the complete analysis for WAR:TLO

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

zł13.00
Price
zł27.75
GF Value