Tower Investments (WAR:TOW) Cyclically Adjusted FCF per Share: zł-3.70 (As of Mar. 2026)

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WAR:TOW Tower Investments SA WAR:TOW
34 GF Score
Price zł1.75
GF Value zł0.56
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tower Investments Cyclically Adjusted FCF per Share?

Tower Investments WAR:TOW -1.69% 34 Cyclically Adjusted FCF per Share is zł-3.70 as of Mar. 2026. GuruFocus rates WAR:TOW with a GF Score™ of 34/100 and a GF Value™ of zł0.56 (Significantly Overvalued). 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.

Tower Investments's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł-0.035. 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 zł-3.70 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 (2026-07-20), Tower Investments's current stock price is zł1.75. Tower Investments's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł-3.70. Tower Investments's Cyclically Adjusted Price-to-FCF of today is .


Tower Investments  (WAR:TOW) 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.


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.


Tower Investments Cyclically Adjusted FCF per Share Related Terms


Tower Investments Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tower Investments'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.

Tower Investments Cyclically Adjusted FCF per Share Chart

Tower Investments Annual Data
Trend Oct16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 -3.69

Tower Investments 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 0.00 -3.59 -3.69 -3.70

Tower Investments Cyclically Adjusted FCF per Share Competitor Comparison

For the Real Estate - Development subindustry, Tower Investments'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.


Tower Investments Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tower Investments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:TOW
34GF Score
Tower Investments SA WAR:TOW
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tower Investments 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, Tower Investments'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)
=-0.035/163.0700*163.0700
=-0.035

Current CPI (Mar. 2026) = 163.0700.

Tower Investments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201509 0.000 99.634 0.000
201603 0.000 98.983 0.000
201606 0.000 99.552 0.000
201609 0.000 99.064 0.000
201701 -10.830 100.773 -17.525
201704 -7.114 101.343 -11.447
201707 -7.103 101.018 -11.466
201803 8.902 102.564 14.154
201806 6.553 103.378 10.337
201809 3.290 103.378 5.190
201812 -16.093 103.785 -25.286
201903 -3.631 104.274 -5.678
201906 0.639 105.983 0.983
201909 1.646 105.983 2.533
201912 3.765 107.123 5.731
202003 -1.008 109.076 -1.507
202006 -1.344 109.402 -2.003
202009 -0.609 109.320 -0.908
202012 1.181 109.565 1.758
202103 1.650 112.658 2.388
202106 0.022 113.960 0.031
202109 -1.723 115.588 -2.431
202112 4.312 119.088 5.905
202203 2.581 125.031 3.366
202206 3.797 131.705 4.701
202209 -3.473 135.531 -4.179
202212 0.446 139.113 0.523
202303 -1.814 145.950 -2.027
202306 -0.076 147.009 -0.084
202309 -1.806 146.113 -2.016
202312 -2.657 147.741 -2.933
202403 -0.736 149.044 -0.805
202406 0.006 150.997 0.006
202409 -0.350 153.439 -0.372
202412 -0.125 154.660 -0.132
202503 0.006 157.021 0.006
202506 0.173 157.509 0.179
202509 -0.219 158.000 -0.226
202512 -0.025 158.320 -0.026
202603 -0.035 163.070 -0.035

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 zł-3.70 mean?
Tower Investments (WAR:TOW) has a Cyclically Adjusted FCF per Share of zł-3.70 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 Tower Investments and its competitors.
Is Tower Investments' Cyclically Adjusted FCF per Share too high?
Tower Investments' current Cyclically Adjusted FCF per Share is zł-3.70. Overall, Tower Investments has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tower Investments' Cyclically Adjusted FCF per Share compare to competitors?
Tower Investments' Cyclically Adjusted FCF per Share of zł-3.70 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 Tower Investments and its competitors. Tower Investments's current Cyclically Adjusted FCF per Share is zł-3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower Investments stock overvalued right now?
Based on GuruFocus' analysis, Tower Investments (WAR:TOW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.56, compared to a current price of zł1.75 — trading 212.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł-3.70. Tower Investments' overall GF Score™ is 34/100 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 Tower Investments (WAR:TOW), the current Cyclically Adjusted FCF per Share is zł-3.70 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 Tower Investments (WAR:TOW) Overvalued in 2026?

Based on GuruFocus' analysis, Tower Investments stock appears to be overvalued. The current stock price of zł1.75 is trading 212.5% above its estimated GF Value™ of zł0.56. GuruFocus considers Tower Investments to be Significantly Overvalued.

Key valuation signals for WAR:TOW:

  • Cyclically Adjusted FCF per Share: zł-3.70
  • GF Value™: zł0.56 vs. price of zł1.75 (212.5% above fair value)
  • GF Score™: 34/100 with 5 warning signs

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


Tower Investments Business Description

Address Aleja Jana Pawla II 27, Warsaw, POL, 00-867
Tower Investments SA is a real estate development company. It develops retail properties and parks, as well as multi-purpose residential and commercial buildings. It co-creates and co-owns the SHOPIN brand which lends its name to shopping malls and retail parks. The company portfolio covers properties located in Poland.
34GF Score

Get the complete analysis for WAR:TOW

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

zł1.75
Price
zł0.56
GF Value