Societe Generale Ghana (XGHA:SOGEGH) Cyclically Adjusted FCF per Share: GHS0.37 (As of Mar. 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.

XGHA:SOGEGH Societe Generale Ghana PLC XGHA:SOGEGH
63 GF Score
Price GHS6.80
GF Value GHS1.61
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Societe Generale Ghana Cyclically Adjusted FCF per Share?

Societe Generale Ghana XGHA:SOGEGH 63 Cyclically Adjusted FCF per Share is GHS0.37 as of Mar. 2026. GuruFocus rates XGHA:SOGEGH with a GF Score™ of 63/100 and a GF Value™ of GHS1.61 (Significantly Overvalued). The stock has 2 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.

Societe Generale Ghana's adjusted free cash flow per share for the three months ended in Mar. 2026 was GHS0.058. 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 GHS0.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Societe Generale Ghana's average Cyclically Adjusted FCF Growth Rate was -5.10% 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 (2026-08-01), Societe Generale Ghana's current stock price is GHS6.80. Societe Generale Ghana's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was GHS0.37. Societe Generale Ghana's Cyclically Adjusted Price-to-FCF of today is 18.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Societe Generale Ghana was 31.67. The lowest was 3.33. And the median was 4.84.


Societe Generale Ghana  (XGHA:SOGEGH) 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.

Societe Generale Ghana's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.80/0.37
=18.38

* 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 Societe Generale Ghana was 31.67. The lowest was 3.33. And the median was 4.84.


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.


Societe Generale Ghana Cyclically Adjusted FCF per Share Related Terms


Societe Generale Ghana Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Societe Generale Ghana'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.

Societe Generale Ghana Cyclically Adjusted FCF per Share Chart

Societe Generale Ghana 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 0.45 0.36

Societe Generale Ghana 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 0.39 0.00 0.35 0.36 0.37

XGHA:SOGEGH vs PNC: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, Societe Generale Ghana'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.


Societe Generale Ghana Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Societe Generale Ghana's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XGHA:SOGEGH
63GF Score
Societe Generale Ghana PLC XGHA:SOGEGH
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Societe Generale Ghana 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, Societe Generale Ghana'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)
=0.058/330.2130*330.2130
=0.058

Current CPI (Mar. 2026) = 330.2130.

Societe Generale Ghana Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.109 238.132 0.151
201606 0.121 241.018 0.166
201612 0.000 241.432 0.000
201703 -0.102 243.801 -0.138
201706 -0.640 244.955 -0.863
201709 -0.198 246.819 -0.265
201712 0.056 246.524 0.075
201803 0.215 249.554 0.284
201806 0.128 251.989 0.168
201809 0.013 252.439 0.017
201812 -0.311 251.233 -0.409
201903 0.005 254.202 0.006
201906 -0.198 256.143 -0.255
201909 -0.126 256.759 -0.162
201912 0.548 256.974 0.704
202003 -0.284 258.115 -0.363
202006 1.129 257.797 1.446
202009 0.232 260.280 0.294
202012 0.307 260.474 0.389
202103 0.347 264.877 0.433
202106 0.101 271.696 0.123
202109 0.226 274.310 0.272
202112 -0.396 278.802 -0.469
202203 0.531 287.504 0.610
202206 -0.399 296.311 -0.445
202209 0.132 296.808 0.147
202212 1.214 296.797 1.351
202303 -1.068 301.836 -1.168
202306 0.011 305.109 0.012
202309 -0.810 307.789 -0.869
202312 1.321 306.746 1.422
202403 -0.031 312.332 -0.033
202406 0.034 314.175 0.036
202409 0.299 315.301 0.313
202412 0.748 315.605 0.783
202503 -0.455 319.799 -0.470
202506 0.000 322.561 0.000
202509 -0.251 324.800 -0.255
202512 0.378 324.054 0.385
202603 0.058 330.213 0.058

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 GHS0.37 mean?
Societe Generale Ghana (XGHA:SOGEGH) has a Cyclically Adjusted FCF per Share of GHS0.37 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 Societe Generale Ghana and its competitors.
Is Societe Generale Ghana's Cyclically Adjusted FCF per Share too high?
Societe Generale Ghana's current Cyclically Adjusted FCF per Share is GHS0.37. Overall, Societe Generale Ghana has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societe Generale Ghana's Cyclically Adjusted FCF per Share compare to PNC?
Societe Generale Ghana's Cyclically Adjusted FCF per Share of GHS0.37 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks 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 Societe Generale Ghana and its competitors. Societe Generale Ghana's current Cyclically Adjusted FCF per Share is GHS0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Generale Ghana stock overvalued right now?
Based on GuruFocus' analysis, Societe Generale Ghana (XGHA:SOGEGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.61, compared to a current price of GHS6.80 — trading 322.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is GHS0.37. Societe Generale Ghana's overall GF Score™ is 63/100 with 2 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 Societe Generale Ghana (XGHA:SOGEGH), the current Cyclically Adjusted FCF per Share is GHS0.37 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 Societe Generale Ghana (XGHA:SOGEGH) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Generale Ghana stock appears to be overvalued. The current stock price of GHS6.80 is trading 322.4% above its estimated GF Value™ of GHS1.61. GuruFocus considers Societe Generale Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:SOGEGH:

  • Cyclically Adjusted FCF per Share: GHS0.37
  • GF Value™: GHS1.61 vs. price of GHS6.80 (322.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Societe Generale Ghana Business Description

Address 2nd Crescent, Royalt Castle Road, P. O. Box: 13119, Ring Road Central, Accra, GHA
Societe Generale Ghana PLC is a financial institution that provides retail banking, corporate banking, investment banking, and other financial intermediary financial services to individuals and corporates. Its business lines include Retail Banking, Corporate Banking and Treasury. The retail banking unit serve the needs of individuals, high net worth clients, and institutional clients. Corporate banking is responsible for providing loans and other credit facilities, as well as mobilizing deposits. The Treasury unit undertakes the bank's funding activities.
63GF Score

Get the complete analysis for XGHA:SOGEGH

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

GHS6.80
Price
GHS1.61
GF Value