Amphenol (WBO:APH) Cyclically Adjusted FCF per Share: €1.33 (As of Mar. 2026)


WBO:APH Amphenol Corp WBO:APH
96 GF Score
Price €146.30
GF Value €117.37
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Amphenol Cyclically Adjusted FCF per Share?

Amphenol WBO:APH -0.14% 96 Cyclically Adjusted FCF per Share is €1.33 as of Mar. 2026. GuruFocus rates WBO:APH with a GF Score™ of 96/100 and a GF Value™ of €117.37 (Modestly Overvalued). The stock has 6 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.

Amphenol's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.557. 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 €1.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Amphenol's average Cyclically Adjusted FCF Growth Rate was 24.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Amphenol was 28.60% per year. The lowest was 10.70% per year. And the median was 15.95% per year.

As of today (2026-07-07), Amphenol's current stock price is €146.30. Amphenol's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.33. Amphenol's Cyclically Adjusted Price-to-FCF of today is 110.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Amphenol was 104.23. The lowest was 26.73. And the median was 44.01.


Amphenol  (WBO:APH) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=146.30/1.33
=110.00

* 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 Amphenol was 104.23. The lowest was 26.73. And the median was 44.01.


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.


Amphenol Cyclically Adjusted FCF per Share Related Terms


Amphenol Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Amphenol'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.

Amphenol Cyclically Adjusted FCF per Share Chart

Amphenol 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 0.71 0.89 0.99 1.19 1.29

Amphenol 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 1.17 1.13 1.20 1.29 1.33

WBO:APH vs GLW, TEL, FLEX: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Amphenol'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.


Amphenol Cyclically Adjusted Price-to-FCF vs Hardware Industry

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

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


WBO:APH
96GF Score
Amphenol Corp WBO:APH
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amphenol 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, Amphenol'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)
=0.557/330.2130*330.2130
=0.557

Current CPI (Mar. 2026) = 330.2130.

Amphenol Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.138 241.018 0.189
201609 0.172 241.428 0.235
201612 0.221 241.432 0.302
201703 0.140 243.801 0.190
201706 0.161 244.955 0.217
201709 0.095 246.819 0.127
201712 0.237 246.524 0.317
201803 0.048 249.554 0.064
201806 0.127 251.989 0.166
201809 0.182 252.439 0.238
201812 0.196 251.233 0.258
201903 0.193 254.202 0.251
201906 0.177 256.143 0.228
201909 0.251 256.759 0.323
201912 0.257 256.974 0.330
202003 0.239 258.115 0.306
202006 0.220 257.797 0.282
202009 0.222 260.280 0.282
202012 0.244 260.474 0.309
202103 0.163 264.877 0.203
202106 0.188 271.696 0.228
202109 0.183 274.310 0.220
202112 0.271 278.802 0.321
202203 0.198 287.504 0.227
202206 0.345 296.311 0.384
202209 0.371 296.808 0.413
202212 0.466 296.797 0.518
202303 0.327 301.836 0.358
202306 0.329 305.109 0.356
202309 0.409 307.789 0.439
202312 0.543 306.746 0.585
202403 0.370 312.332 0.391
202406 0.384 314.175 0.404
202409 0.337 315.301 0.353
202412 0.487 315.605 0.510
202503 0.421 319.799 0.435
202506 0.763 322.561 0.781
202509 0.806 324.800 0.819
202512 0.973 324.054 0.991
202603 0.557 330.213 0.557

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 €1.33 mean?
Amphenol (WBO:APH) has a Cyclically Adjusted FCF per Share of €1.33 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 Amphenol and its competitors.
Is Amphenol's Cyclically Adjusted FCF per Share too high?
Amphenol's current Cyclically Adjusted FCF per Share is €1.33. Overall, Amphenol has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amphenol's Cyclically Adjusted FCF per Share compare to GLW and TEL?
Amphenol's Cyclically Adjusted FCF per Share of €1.33 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Amphenol and its competitors. Amphenol's current Cyclically Adjusted FCF per Share is €1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amphenol stock overvalued right now?
Based on GuruFocus' analysis, Amphenol (WBO:APH) is currently considered Modestly Overvalued. The stock's GF Value™ is €117.37, compared to a current price of €146.30 — trading 24.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.33. Amphenol's overall GF Score™ is 96/100 with 6 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 Amphenol (WBO:APH), the current Cyclically Adjusted FCF per Share is €1.33 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 Amphenol (WBO:APH) Overvalued in 2026?

Based on GuruFocus' analysis, Amphenol stock appears to be overvalued. The current stock price of €146.30 is trading 24.6% above its estimated GF Value™ of €117.37. GuruFocus considers Amphenol to be Modestly Overvalued.

Key valuation signals for WBO:APH:

  • Cyclically Adjusted FCF per Share: €1.33
  • GF Value™: €117.37 vs. price of €146.30 (24.6% above fair value)
  • GF Score™: 96/100 with 6 warning signs

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


Amphenol Business Description

Address 358 Hall Avenue, Wallingford, CT, USA, 06492
Amphenol is a global supplier of connectors, sensors, and interconnect systems. It holds the second-largest connector market share globally and sells into the automotive, broadband, commercial air, industrial, IT and data communications, military, mobile devices, and mobile networks end markets. Amphenol is diversified geographically, with operations in 40 countries.
96GF Score

Get the complete analysis for WBO:APH

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

€146.30
Price
€117.37
GF Value