Adesso SE (WBO:ADNG) Cyclically Adjusted FCF per Share: €5.98 (As of Jun. 2026)

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WBO:ADNG Adesso SE WBO:ADNG
64 GF Score
Price €58.00
GF Value €113.56
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Adesso SE Cyclically Adjusted FCF per Share?

Adesso SE WBO:ADNG -2.19% 64 Cyclically Adjusted FCF per Share is €5.98 as of Jun. 2026. GuruFocus rates WBO:ADNG with a GF Score™ of 64/100 and a GF Value™ of €113.56 (Significantly Undervalued). 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.

Adesso SE's adjusted free cash flow per share for the three months ended in Jun. 2026 was €1.355. 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 €5.98 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Adesso SE's average Cyclically Adjusted FCF Growth Rate was 29.00% 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.

As of today (2026-09-16), Adesso SE's current stock price is €58.00. Adesso SE's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €5.98. Adesso SE's Cyclically Adjusted Price-to-FCF of today is 9.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Adesso SE was 28.14. The lowest was 8.47. And the median was 19.64.


Adesso SE  (WBO:ADNG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=58.00/5.984
=9.69

* 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 Adesso SE was 28.14. The lowest was 8.47. And the median was 19.64.


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.


Adesso SE Cyclically Adjusted FCF per Share Related Terms


Adesso SE Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Adesso SE'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.

Adesso SE Cyclically Adjusted FCF per Share Chart

Adesso SE 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 2.75 3.19 3.81 5.17 5.89

Adesso SE Quarterly Data
Jun21 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 5.23 5.26 5.89 5.98 5.98

WBO:ADNG vs IBM, ACN, CTSH: Cyclically Adjusted FCF per Share Comparison

For the Information Technology Services subindustry, Adesso SE'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.


Adesso SE Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Adesso SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WBO:ADNG
64GF Score
Adesso SE WBO:ADNG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adesso SE 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, Adesso SE'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)
=1.355/131.3638*131.3638
=1.355

Current CPI (Jun. 2026) = 131.3638.

Adesso SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 0.000 95.158 0.000
201112 0.000 95.998 0.000
201206 -1.384 96.744 -1.879
201212 0.000 97.957 0.000
201306 -0.665 98.516 -0.887
201312 1.751 99.356 2.315
201406 -1.029 99.543 -1.358
201412 1.812 99.543 2.391
201506 0.115 100.417 0.150
201512 2.419 99.717 3.187
201606 -0.585 100.717 -0.763
201612 2.609 101.217 3.386
201706 -1.028 102.117 -1.322
201712 3.360 102.617 4.301
201806 0.121 104.017 0.153
201812 1.923 104.217 2.424
201906 -3.122 105.718 -3.879
201912 4.988 105.818 6.192
202006 0.542 106.618 0.668
202012 8.168 105.518 10.169
202106 -4.466 108.486 -5.408
202112 8.801 110.384 10.474
202203 -4.801 113.968 -5.534
202206 -1.936 115.760 -2.197
202209 2.450 118.818 2.709
202212 6.447 119.345 7.096
202303 -5.579 122.402 -5.987
202306 -7.543 123.140 -8.047
202309 3.307 124.195 3.498
202312 16.269 123.773 17.267
202403 -4.396 125.038 -4.618
202406 -0.893 125.882 -0.932
202409 4.448 126.198 4.630
202412 14.443 127.041 14.934
202503 -7.532 127.779 -7.743
202506 -0.284 128.412 -0.291
202509 3.432 129.255 3.488
202512 14.882 129.361 15.112
202603 -7.707 131.258 -7.713
202606 1.355 131.364 1.355

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 €5.98 mean?
Adesso SE (WBO:ADNG) has a Cyclically Adjusted FCF per Share of €5.98 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 Adesso SE and its competitors.
Is Adesso SE's Cyclically Adjusted FCF per Share too high?
Adesso SE's current Cyclically Adjusted FCF per Share is €5.98. Overall, Adesso SE has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adesso SE's Cyclically Adjusted FCF per Share compare to IBM and ACN?
Adesso SE's Cyclically Adjusted FCF per Share of €5.98 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 Adesso SE and its competitors. Adesso SE's current Cyclically Adjusted FCF per Share is €5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adesso SE stock overvalued right now?
Based on GuruFocus' analysis, Adesso SE (WBO:ADNG) is currently considered Significantly Undervalued. The stock's GF Value™ is €113.56, compared to a current price of €58.00 — trading 48.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €5.98. Adesso SE'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 Adesso SE (WBO:ADNG), the current Cyclically Adjusted FCF per Share is €5.98 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 Adesso SE (WBO:ADNG) Overvalued in 2026?

Based on GuruFocus' analysis, Adesso SE stock appears to be undervalued. The current stock price of €58.00 is trading 48.9% below its estimated GF Value™ of €113.56. GuruFocus considers Adesso SE to be Significantly Undervalued.

Key valuation signals for WBO:ADNG:

  • Cyclically Adjusted FCF per Share: €5.98
  • GF Value™: €113.56 vs. price of €58.00 (48.9% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Adesso SE Business Description

Address Adessoplatz 1, Dortmund, NW, DEU, 44269
Adesso SE is a German IT service provider independent of manufacturers. It focuses on consulting and software development. Adesso uses information technology to provide optimised core business process design and support to its customers. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customized, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates the majority of revenue.
64GF Score

Get the complete analysis for WBO:ADNG

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

€58.00
Price
€113.56
GF Value