Unfold.vc ASI (WAR:UNF) Cyclically Adjusted FCF per Share: zł-0.08 (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:UNF Unfold.vc ASI SA WAR:UNF
32 GF Score
Price zł1.25
GF Value zł0.73
Valuation Significantly Overvalued
View Full Analysis

What is Unfold.vc ASI Cyclically Adjusted FCF per Share?

Unfold.vc ASI WAR:UNF 32 Cyclically Adjusted FCF per Share is zł-0.08 as of Mar. 2026. GuruFocus rates WAR:UNF with a GF Score™ of 32/100 and a GF Value™ of zł0.73 (Significantly Overvalued).

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.

Unfold.vc ASI's adjusted free cash flow per share for the three months ended in Mar. 2026 was zł-0.014. 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-0.08 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -58.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Unfold.vc ASI was -58.70% per year. The lowest was -58.70% per year. And the median was -58.70% per year.

As of today (2026-07-21), Unfold.vc ASI's current stock price is zł1.25. Unfold.vc ASI's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was zł-0.08. Unfold.vc ASI's Cyclically Adjusted Price-to-FCF of today is .


Unfold.vc ASI  (WAR:UNF) 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.


Unfold.vc ASI Cyclically Adjusted FCF per Share Related Terms


Unfold.vc ASI Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Unfold.vc ASI'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.

Unfold.vc ASI Cyclically Adjusted FCF per Share Chart

Unfold.vc ASI 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 -0.02 -0.02 -0.04 -0.08 -0.08

Unfold.vc ASI 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 -0.08 -0.08 -0.08 -0.08 -0.08

WAR:UNF vs BLK, BX, KKR: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Unfold.vc ASI'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.


Unfold.vc ASI Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Unfold.vc ASI's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:UNF
32GF Score
Unfold.vc ASI SA WAR:UNF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unfold.vc ASI 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, Unfold.vc ASI'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)
=-0.014/163.0700*163.0700
=-0.014

Current CPI (Mar. 2026) = 163.0700.

Unfold.vc ASI Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.008 99.471 -0.013
201603 -0.010 98.983 -0.016
201606 0.002 99.552 0.003
201609 -0.031 99.064 -0.051
201612 -0.031 100.366 -0.050
201709 -0.010 101.343 -0.016
201712 -0.029 102.564 -0.046
201803 -0.006 102.564 -0.010
201806 -0.015 103.378 -0.024
201809 -0.006 103.378 -0.009
201812 0.002 103.785 0.003
201903 -0.005 104.274 -0.008
201906 -0.026 105.983 -0.040
201909 0.002 105.983 0.003
201912 -0.110 107.123 -0.167
202003 -0.006 109.076 -0.009
202006 -0.013 109.402 -0.019
202009 -0.014 109.320 -0.021
202012 -0.027 109.565 -0.040
202103 -0.017 112.658 -0.025
202106 -0.007 113.960 -0.010
202109 0.001 115.588 0.001
202112 -0.012 119.088 -0.016
202203 -0.016 125.031 -0.021
202206 -0.027 131.705 -0.033
202209 0.106 135.531 0.128
202212 -0.021 139.113 -0.025
202303 -0.031 145.950 -0.035
202306 -0.027 147.009 -0.030
202309 -0.075 146.113 -0.084
202312 -0.016 147.741 -0.018
202403 -0.022 149.044 -0.024
202406 -0.017 150.997 -0.018
202409 -0.024 153.439 -0.026
202412 -0.019 154.660 -0.020
202503 0.020 157.021 0.021
202506 -0.032 157.509 -0.033
202509 -0.017 158.000 -0.018
202512 0.006 158.320 0.006
202603 -0.014 163.070 -0.014

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-0.08 mean?
Unfold.vc ASI (WAR:UNF) has a Cyclically Adjusted FCF per Share of zł-0.08 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 Unfold.vc ASI and its competitors.
Is Unfold.vc ASI's Cyclically Adjusted FCF per Share too high?
Unfold.vc ASI's current Cyclically Adjusted FCF per Share is zł-0.08. Overall, Unfold.vc ASI has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unfold.vc ASI's Cyclically Adjusted FCF per Share compare to BLK and BX?
Unfold.vc ASI's Cyclically Adjusted FCF per Share of zł-0.08 can be compared against companies in the Asset 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 an Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset 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 Unfold.vc ASI and its competitors. Unfold.vc ASI's current Cyclically Adjusted FCF per Share is zł-0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unfold.vc ASI stock overvalued right now?
Based on GuruFocus' analysis, Unfold.vc ASI (WAR:UNF) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.73, compared to a current price of zł1.25 — trading 71.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł-0.08. Unfold.vc ASI's overall GF Score™ is 32/100. 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 Unfold.vc ASI (WAR:UNF), the current Cyclically Adjusted FCF per Share is zł-0.08 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 Unfold.vc ASI (WAR:UNF) Overvalued in 2026?

Based on GuruFocus' analysis, Unfold.vc ASI stock appears to be overvalued. The current stock price of zł1.25 is trading 71.2% above its estimated GF Value™ of zł0.73. GuruFocus considers Unfold.vc ASI to be Significantly Overvalued.

Key valuation signals for WAR:UNF:

  • Cyclically Adjusted FCF per Share: zł-0.08
  • GF Value™: zł0.73 vs. price of zł1.25 (71.2% above fair value)
  • GF Score™: 32/100

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


Unfold.vc ASI Business Description

Address 45 Zwycieska Street, Building. 3 Premises 3.4, Wroclaw, POL, 53-033
Unfold.vc ASI SA is a venture capital company. It focuses on investing in and supporting software companies across various industries. The company also focuses on projects related to the use of technologies in the field of artificial intelligence, data, advance algorithms or machine learning, and also projects from the bioinformatics sector.
32GF Score

Get the complete analysis for WAR:UNF

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

zł1.25
Price
zł0.73
GF Value