McEwen (WBO:MUX) Cyclically Adjusted FCF per Share: €-1.27 (As of Jun. 2026)

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WBO:MUX McEwen Inc WBO:MUX
59 GF Score
Price €16.13
GF Value €9.38
Valuation Significantly Overvalued
! 4 Warning Signs
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What is McEwen Cyclically Adjusted FCF per Share?

McEwen WBO:MUX -3.70% 59 Cyclically Adjusted FCF per Share is €-1.27 as of Jun. 2026. GuruFocus rates WBO:MUX with a GF Score™ of 59/100 and a GF Value™ of €9.38 (Significantly Overvalued). 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.

McEwen's adjusted free cash flow per share for the three months ended in Jun. 2026 was €0.243. 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 €-1.27 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.80% 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 McEwen was 45.70% per year. The lowest was -35.70% per year. And the median was -0.40% per year.

As of today (2026-08-14), McEwen's current stock price is €16.13. McEwen's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €-1.27. McEwen's Cyclically Adjusted Price-to-FCF of today is .


McEwen  (WBO:MUX) 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.


McEwen Cyclically Adjusted FCF per Share Related Terms


McEwen Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for McEwen'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.

McEwen Cyclically Adjusted FCF per Share Chart

McEwen 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 -1.11 -1.17 -1.14 -1.16 -1.22

McEwen 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 -1.09 -1.16 -1.22 -1.23 -1.27

WBO:MUX vs GORO, LODE, THMG: Cyclically Adjusted FCF per Share Comparison

For the Other Precious Metals & Mining subindustry, McEwen'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.


McEwen Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, McEwen's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


WBO:MUX
59GF Score
McEwen Inc WBO:MUX
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McEwen 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, McEwen'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)
=0.243/133.5265*133.5265
=0.243

Current CPI (Jun. 2026) = 133.5265.

McEwen Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.119 101.765 0.156
201612 -0.537 101.449 -0.707
201703 -0.225 102.634 -0.293
201706 -0.298 103.029 -0.386
201709 0.004 103.345 0.005
201712 -0.478 103.345 -0.618
201803 -0.111 105.004 -0.141
201806 -0.563 105.557 -0.712
201809 -0.693 105.636 -0.876
201812 -0.696 105.399 -0.882
201903 -0.714 106.979 -0.891
201906 -0.161 107.690 -0.200
201909 -0.384 107.611 -0.476
201912 -0.482 107.769 -0.597
202003 -0.394 107.927 -0.487
202006 -0.248 108.401 -0.305
202009 -0.126 108.164 -0.156
202012 -0.134 108.559 -0.165
202103 -0.385 110.298 -0.466
202106 -0.149 111.720 -0.178
202109 -0.354 112.905 -0.419
202112 -0.142 113.774 -0.167
202203 -0.385 117.646 -0.437
202206 -0.816 120.806 -0.902
202209 -0.408 120.648 -0.452
202212 -0.020 120.964 -0.022
202303 -0.481 122.702 -0.523
202306 -0.739 124.203 -0.794
202309 -0.229 125.230 -0.244
202312 0.159 125.072 0.170
202403 -0.012 126.258 -0.013
202406 -0.058 127.522 -0.061
202409 0.070 127.285 0.073
202412 -0.252 127.364 -0.264
202503 -0.286 129.181 -0.296
202506 -0.147 129.892 -0.151
202509 -0.088 130.287 -0.090
202512 -0.100 130.366 -0.102
202603 -0.029 132.262 -0.029
202606 0.243 133.527 0.243

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 €-1.27 mean?
McEwen (WBO:MUX) has a Cyclically Adjusted FCF per Share of €-1.27 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 McEwen and its competitors.
Is McEwen's Cyclically Adjusted FCF per Share too high?
McEwen's current Cyclically Adjusted FCF per Share is €-1.27. Overall, McEwen has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McEwen's Cyclically Adjusted FCF per Share compare to GORO and LODE?
McEwen's Cyclically Adjusted FCF per Share of €-1.27 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 McEwen and its competitors. McEwen's current Cyclically Adjusted FCF per Share is €-1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McEwen stock overvalued right now?
Based on GuruFocus' analysis, McEwen (WBO:MUX) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.38, compared to a current price of €16.13 — trading 72% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-1.27. McEwen's overall GF Score™ is 59/100 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 McEwen (WBO:MUX), the current Cyclically Adjusted FCF per Share is €-1.27 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 McEwen (WBO:MUX) Overvalued in 2026?

Based on GuruFocus' analysis, McEwen stock appears to be overvalued. The current stock price of €16.13 is trading 72% above its estimated GF Value™ of €9.38. GuruFocus considers McEwen to be Significantly Overvalued.

Key valuation signals for WBO:MUX:

  • Cyclically Adjusted FCF per Share: €-1.27
  • GF Value™: €9.38 vs. price of €16.13 (72% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


McEwen Business Description

Address 150 King Street West, Suite 2800, PO Box 24, Toronto, ON, CAN, M5H 1J9
McEwen Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. Its Other operations include: Fox Complex, Gold Bar Complex, Project Fenix, and Los Azules. The company generates its revenue from gold and silver production. Its operating segments include Canada, United States, Mexico, MSC and McEwen Copper, of which it derives maximum revenue from USA.
59GF Score

Get the complete analysis for WBO:MUX

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

€16.13
Price
€9.38
GF Value