Volvo AB (WAR:VOLV) Cyclically Adjusted FCF per Share: zł2.92 (As of Jun. 2026)

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WAR:VOLV Volvo AB WAR:VOLV
25 GF Score
Price zł130.00
GF Value zł92.89
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Volvo AB Cyclically Adjusted FCF per Share?

Volvo AB WAR:VOLV 25 Cyclically Adjusted FCF per Share is zł2.92 as of Jun. 2026. GuruFocus rates WAR:VOLV with a GF Score™ of 25/100 and a GF Value™ of zł92.89 (Significantly Overvalued). The stock has 9 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.

Volvo AB's adjusted free cash flow per share for the three months ended in Jun. 2026 was zł0.057. 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 zł2.92 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Volvo AB's average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.70% 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 Volvo AB was 43.20% per year. The lowest was -59.70% per year. And the median was 5.40% per year.

As of today (2026-07-19), Volvo AB's current stock price is zł130.00. Volvo AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was zł2.92. Volvo AB's Cyclically Adjusted Price-to-FCF of today is 44.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Volvo AB was 1412.73. The lowest was 35.60. And the median was 65.00.


Volvo AB  (WAR:VOLV) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=130.00/2.92
=44.52

* 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 Volvo AB was 1412.73. The lowest was 35.60. And the median was 65.00.


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.


Volvo AB Cyclically Adjusted FCF per Share Related Terms


Volvo AB Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Volvo AB'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.

Volvo AB Cyclically Adjusted FCF per Share Chart

Volvo AB 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 2.68

Volvo AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.40 2.73 2.68 2.85 2.92

WAR:VOLV vs CAT, DE, PCAR: Cyclically Adjusted FCF per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Volvo AB'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.


Volvo AB Cyclically Adjusted Price-to-FCF vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WAR:VOLV
25GF Score
Volvo AB WAR:VOLV
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Volvo AB 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, Volvo AB's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.057/134.1100*134.1100
=0.057

Current CPI (Jun. 2026) = 134.1100.

Volvo AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.768 101.138 1.018
201612 -0.115 102.022 -0.151
201703 0.941 102.022 1.237
201706 1.494 102.752 1.950
201709 -0.638 103.279 -0.828
201712 2.148 103.793 2.775
201803 -0.132 103.962 -0.170
201806 0.859 104.875 1.098
201809 -0.359 105.679 -0.456
201812 1.771 105.912 2.243
201903 -0.463 105.886 -0.586
201906 1.158 106.742 1.455
201909 0.041 107.214 0.051
201912 2.629 107.766 3.272
202003 -1.278 106.563 -1.608
202006 -1.046 107.498 -1.305
202009 2.879 107.635 3.587
202012 2.586 108.296 3.202
202103 0.222 108.360 0.275
202106 1.011 108.928 1.245
202109 -1.908 110.338 -2.319
202112 3.096 112.486 3.691
202203 -1.907 114.825 -2.227
202206 0.186 118.384 0.211
202209 1.743 122.296 1.911
202212 1.075 126.365 1.141
202303 -0.825 127.042 -0.871
202306 0.107 129.407 0.111
202309 -0.259 130.224 -0.267
202312 1.556 131.912 1.582
202403 0.871 132.205 0.884
202406 0.771 132.716 0.779
202409 0.924 132.304 0.937
202412 2.344 132.987 2.364
202503 0.079 132.825 0.080
202506 0.075 133.699 0.075
202509 0.585 133.480 0.588
202512 3.154 133.390 3.171
202603 0.871 133.560 0.875
202606 0.057 134.110 0.057

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 zł2.92 mean?
Volvo AB (WAR:VOLV) has a Cyclically Adjusted FCF per Share of zł2.92 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Volvo AB and its competitors.
Is Volvo AB's Cyclically Adjusted FCF per Share too high?
Volvo AB's current Cyclically Adjusted FCF per Share is zł2.92. Overall, Volvo AB has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Volvo AB's Cyclically Adjusted FCF per Share compare to CAT and DE?
Volvo AB's Cyclically Adjusted FCF per Share of zł2.92 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted FCF per Share depends on the Farm & Heavy Construction Machinery 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 Volvo AB and its competitors. Volvo AB's current Cyclically Adjusted FCF per Share is zł2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volvo AB stock overvalued right now?
Based on GuruFocus' analysis, Volvo AB (WAR:VOLV) is currently considered Significantly Overvalued. The stock's GF Value™ is zł92.89, compared to a current price of zł130.00 — trading 40% above its estimated fair value. The current Cyclically Adjusted FCF per Share is zł2.92. Volvo AB's overall GF Score™ is 25/100 with 9 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 Volvo AB (WAR:VOLV), the current Cyclically Adjusted FCF per Share is zł2.92 as of Jun. 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 Volvo AB (WAR:VOLV) Overvalued in 2026?

Based on GuruFocus' analysis, Volvo AB stock appears to be overvalued. The current stock price of zł130.00 is trading 40% above its estimated GF Value™ of zł92.89. GuruFocus considers Volvo AB to be Significantly Overvalued.

Key valuation signals for WAR:VOLV:

  • Cyclically Adjusted FCF per Share: zł2.92
  • GF Value™: zł92.89 vs. price of zł130.00 (40% above fair value)
  • GF Score™: 25/100 with 9 warning signs

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


Volvo AB Business Description

Address Gropegardsgatan 2, Gothenburg, SWE, SE-417 15
The Volvo Group is one of the largest global truck, bus, construction equipment, and engine and power system original equipment manufacturers, operating with the Volvo, Renault Truck, Mack Trucks, Volvo Penta, and Nova Bus brands. Among the four largest Western global brands—Volvo, Daimler, Paccar, and Traton—Volvo ranks third in terms of annual deliveries. Its truck, construction equipment, bus, and engines and power system segments contributed 71%, 18%, 5%, and 5%, respectively, to industrial operations' revenue in 2025. An in-house financial services division supports these businesses. In its key regions of Europe, North America, Brazil, and Australia, the truck business holds large market shares of 29%, 17%, 24%, and 22%, respectively.
25GF Score

Get the complete analysis for WAR:VOLV

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

zł130.00
Price
zł92.89
GF Value