AltynEX Co JSC (XKAZ:ATEC) Cyclically Adjusted FCF per Share: ₸85,409.40 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is AltynEX Co JSC Cyclically Adjusted FCF per Share?

AltynEX Co JSC XKAZ:ATEC Cyclically Adjusted FCF per Share is ₸85,409.40 as of Mar. 2026. The stock has 5 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.

AltynEX Co JSC's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₸33,213.073. 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 ₸85,409.40 for the trailing ten years ended in Mar. 2026.

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 (2026-07-29), AltynEX Co JSC's current stock price is ₸338871.70. AltynEX Co JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₸85,409.40. AltynEX Co JSC's Cyclically Adjusted Price-to-FCF of today is 3.97.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of AltynEX Co JSC was 4.84. The lowest was 3.97. And the median was 4.07.


AltynEX Co JSC  (XKAZ:ATEC) 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.

AltynEX Co JSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=338871.70/85409.40
=3.97

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of AltynEX Co JSC was 4.84. The lowest was 3.97. And the median was 4.07.


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.


AltynEX Co JSC Cyclically Adjusted FCF per Share Related Terms


AltynEX Co JSC Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for AltynEX Co JSC'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.

AltynEX Co JSC Cyclically Adjusted FCF per Share Chart

AltynEX Co JSC 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 0.00 83,341.89

AltynEX Co JSC 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 0.00 0.00 70,085.42 83,341.89 85,409.40

XKAZ:ATEC vs RAEWF, GRMXD: Cyclically Adjusted FCF per Share Comparison

For the Other Industrial Metals & Mining subindustry, AltynEX Co JSC'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.


AltynEX Co JSC Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

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

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



AltynEX Co JSC 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, AltynEX Co JSC'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)
=33213.073/330.2130*330.2130
=33,213.073

Current CPI (Mar. 2026) = 330.2130.

AltynEX Co JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1,213.441 241.018 1,662.507
201609 13,787.982 241.428 18,858.504
201612 21,692.631 241.432 29,669.591
201703 19,663.072 243.801 26,632.385
201706 -33,134.595 244.955 -44,667.282
201709 -14,259.955 246.819 -19,078.039
201712 6,596.432 246.524 8,835.763
201803 8,259.477 249.554 10,929.044
201806 19,187.243 251.989 25,143.467
201809 16,898.851 252.439 22,105.223
201812 -231.966 251.233 -304.889
201903 -10,397.260 254.202 -13,506.229
201906 12,874.650 256.143 16,597.669
201909 39,141.244 256.759 50,338.830
201912 5,127.341 256.974 6,588.661
202003 12,860.626 258.115 16,452.922
202006 25,453.496 257.797 32,603.464
202009 39,066.244 260.280 49,562.708
202012 20,123.699 260.474 25,511.594
202103 16,759.537 264.877 20,893.535
202106 27,080.878 271.696 32,913.469
202109 26,547.398 274.310 31,957.624
202112 646.935 278.802 766.230
202203 36,122.764 287.504 41,488.836
202206 3,135.740 296.311 3,494.511
202209 22,928.943 296.808 25,509.538
202212 -19,386.407 296.797 -21,569.098
202303 17,274.732 301.836 18,898.810
202306 17,898.870 305.109 19,371.567
202309 67,334.602 307.789 72,240.272
202312 -15,498.821 306.746 -16,684.528
202403 15,737.724 312.332 16,638.708
202406 7,813.000 314.175 8,211.838
202409 44,642.618 315.301 46,753.968
202412 10,898.585 315.605 11,403.034
202503 25,153.089 319.799 25,972.179
202506 27,544.276 322.561 28,197.699
202509 35,359.610 324.800 35,948.901
202512 151,655.577 324.054 154,537.957
202603 33,213.073 330.213 33,213.073

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 ₸85,409.40 mean?
AltynEX Co JSC (XKAZ:ATEC) has a Cyclically Adjusted FCF per Share of ₸85,409.40 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 AltynEX Co JSC and its competitors.
Is AltynEX Co JSC's Cyclically Adjusted FCF per Share too high?
AltynEX Co JSC's current Cyclically Adjusted FCF per Share is ₸85,409.40.
How does AltynEX Co JSC's Cyclically Adjusted FCF per Share compare to RAEWF and GRMXD?
AltynEX Co JSC's Cyclically Adjusted FCF per Share of ₸85,409.40 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 AltynEX Co JSC and its competitors. AltynEX Co JSC's current Cyclically Adjusted FCF per Share is ₸85,409.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltynEX Co JSC stock overvalued right now?
AltynEX Co JSC (XKAZ:ATEC) has a current Cyclically Adjusted FCF per Share of ₸85,409.40. The stock's GF Value™ is ₸376,474.01, compared to a current price of ₸338,871.70 — trading 10% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₸85,409.40. 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 AltynEX Co JSC (XKAZ:ATEC), the current Cyclically Adjusted FCF per Share is ₸85,409.40 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.

AltynEX Co JSC Business Description

Address Street Bokenbai batyr 2, Business center Dastan, 5th floor, 12-microdistrict, Aktobe, KAZ
AltynEX Co JSC is a Kazakhstan-based gold mining company. The company plans to commission a mining and metallurgical plant at the Yubileynoye deposit in the Aktobe region. The facility is expected to extract and process gold-bearing ore and produce gold-silver alloy.