Modivo (WBO:CCC) Cyclically Adjusted FCF per Share: €2.00 (As of Apr. 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.

WBO:CCC Modivo SA WBO:CCC
74 GF Score
Price €41.67
GF Value €64.95
! 4 Warning Signs
View Full Analysis

What is Modivo Cyclically Adjusted FCF per Share?

Modivo WBO:CCC 74 Cyclically Adjusted FCF per Share is €2.00 as of Apr. 2026. GuruFocus rates WBO:CCC with a GF Score™ of 74/100 and a GF Value™ of €64.95. 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.

Modivo's adjusted free cash flow per share for the three months ended in Apr. 2026 was €0.300. 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 €2.00 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Modivo's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 46.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% 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 Modivo was 222.70% per year. The lowest was -3.50% per year. And the median was 34.90% per year.

As of today (2026-07-25), Modivo's current stock price is €41.6665. Modivo's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was €2.00. Modivo's Cyclically Adjusted Price-to-FCF of today is 20.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Modivo was 6180.00. The lowest was 12.57. And the median was 42.89.


Modivo  (WBO:CCC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=41.6665/2.00
=20.83

* 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 Modivo was 6180.00. The lowest was 12.57. And the median was 42.89.


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.


Modivo Cyclically Adjusted FCF per Share Related Terms


Modivo Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Modivo'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.

Modivo Cyclically Adjusted FCF per Share Chart

Modivo Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.39 1.52 1.00 1.62

Modivo Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.64 0.94 1.30 1.62 2.00

WBO:CCC vs TJX, ROST, BURL: Cyclically Adjusted FCF per Share Comparison

For the Apparel Retail subindustry, Modivo'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.


Modivo Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Modivo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WBO:CCC
74GF Score
Modivo SA WBO:CCC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.3/163.3900*163.3900
=0.300

Current CPI (Apr. 2026) = 163.3900.

Modivo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -2.190 98.983 -3.615
201606 1.891 99.552 3.104
201609 -1.332 99.064 -2.197
201612 1.695 100.366 2.759
201703 -2.009 101.018 -3.249
201706 0.611 101.180 0.987
201709 -0.788 101.343 -1.270
201712 1.009 102.564 1.607
201803 -1.800 102.564 -2.867
201806 2.976 103.378 4.704
201809 0.097 103.378 0.153
201812 1.825 103.785 2.873
201903 -1.743 104.274 -2.731
201906 2.816 105.983 4.341
201909 -0.013 105.983 -0.020
201912 1.635 107.123 2.494
202003 -1.778 109.076 -2.663
202006 -0.212 109.402 -0.317
202009 0.107 109.320 0.160
202104 -0.348 113.553 -0.501
202107 -0.436 114.449 -0.622
202110 -0.695 116.891 -0.971
202201 0.374 121.368 0.503
202204 -0.881 127.554 -1.129
202207 0.701 132.357 0.865
202210 -1.106 137.973 -1.310
202301 0.780 142.613 0.894
202304 0.886 147.009 0.985
202307 0.372 146.683 0.414
202310 0.812 146.520 0.905
202401 -0.203 148.311 -0.224
202404 0.493 150.672 0.535
202407 -0.233 153.114 -0.249
202410 1.986 153.928 2.108
202501 0.524 156.207 0.548
202504 -0.690 157.672 -0.715
202507 1.186 157.998 1.226
202510 1.539 158.160 1.590
202601 -0.681 161.810 -0.688
202604 0.300 163.390 0.300

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 €2.00 mean?
Modivo (WBO:CCC) has a Cyclically Adjusted FCF per Share of €2.00 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Modivo and its competitors.
Is Modivo's Cyclically Adjusted FCF per Share too high?
Modivo's current Cyclically Adjusted FCF per Share is €2.00. Overall, Modivo has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Modivo's Cyclically Adjusted FCF per Share compare to TJX and ROST?
Modivo's Cyclically Adjusted FCF per Share of €2.00 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical 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 Modivo and its competitors. Modivo's current Cyclically Adjusted FCF per Share is €2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modivo stock overvalued right now?
Modivo (WBO:CCC) has a current Cyclically Adjusted FCF per Share of €2.00. The stock's GF Value™ is €64.95, compared to a current price of €41.67 — trading 35.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.00. Modivo's overall GF Score™ is 74/100 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 Modivo (WBO:CCC), the current Cyclically Adjusted FCF per Share is €2.00 as of Apr. 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 Modivo (WBO:CCC) Overvalued in 2026?

Based on GuruFocus' analysis, Modivo stock appears to be undervalued. The current stock price of €41.67 is trading 35.8% below its estimated GF Value™ of €64.95.

Key valuation signals for WBO:CCC:

  • Cyclically Adjusted FCF per Share: €2.00
  • GF Value™: €64.95 vs. price of €41.67 (35.8% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Modivo Business Description

Other Exchanges MDV:Poland6RK:Germany
Address ul. Strefowa 6, Polkowice, POL, 59-101
Modivo SA business activities are concentrated in the retail, digital, and wholesale segments and include the wholesale and retail trade of clothing and footwear. Its operating segments include CCC, which generates the majority of revenue and includes sales through websites, offline retail stores, distribution, and wholesale operations, as well as HalfPrice and MODIVO (MODIVO and eobuwie). The Company's business lines include CCC, eobuwie, MODIVO, HalfPrice, worldbox, Boardriders, Warsaw Sneaker Store, SK Store, and Sklep Biegacza.
74GF Score

Get the complete analysis for WBO:CCC

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

€41.67
Price
€64.95
GF Value