Endesa (XMAD:ELE) Cyclically Adjusted FCF per Share: €1.45 (As of Mar. 2026)


XMAD:ELE Endesa SA XMAD:ELE
65 GF Score
Price €40.10
GF Value €19.56
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Endesa Cyclically Adjusted FCF per Share?

Endesa XMAD:ELE +1.24% 65 Cyclically Adjusted FCF per Share is €1.45 as of Mar. 2026. GuruFocus rates XMAD:ELE with a GF Score™ of 65/100 and a GF Value™ of €19.56 (Significantly 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.

Endesa's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.525. 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 €1.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Endesa's average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.70% 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 Endesa was 1.20% per year. The lowest was -7.70% per year. And the median was -5.70% per year.

As of today (2026-07-05), Endesa's current stock price is €40.10. Endesa's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €1.45. Endesa's Cyclically Adjusted Price-to-FCF of today is 27.66.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Endesa was 28.04. The lowest was 9.82. And the median was 13.58.


Endesa  (XMAD:ELE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.10/1.45
=27.66

* 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 Endesa was 28.04. The lowest was 9.82. And the median was 13.58.


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.


Endesa Cyclically Adjusted FCF per Share Related Terms


Endesa Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Endesa'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.

Endesa Cyclically Adjusted FCF per Share Chart

Endesa 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 1.65 1.37 1.40 1.38 1.42

Endesa 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 1.39 1.46 1.49 1.42 1.45

XMAD:ELE vs NEE, SO, DUK: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, Endesa'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.


Endesa Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Endesa's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XMAD:ELE
65GF Score
Endesa SA XMAD:ELE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Endesa 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, Endesa'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)
=0.525/129.8600*129.8600
=0.525

Current CPI (Mar. 2026) = 129.8600.

Endesa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.581 100.333 0.752
201609 0.816 99.737 1.062
201612 -0.064 101.842 -0.082
201703 0.186 100.896 0.239
201706 -0.109 101.848 -0.139
201709 0.468 101.524 0.599
201712 0.739 102.975 0.932
201803 -0.315 102.122 -0.401
201806 0.292 104.165 0.364
201809 0.140 103.818 0.175
201812 0.824 104.193 1.027
201903 -0.110 103.488 -0.138
201906 0.113 104.612 0.140
201909 0.454 103.905 0.567
201912 0.825 105.015 1.020
202003 -0.126 103.469 -0.158
202006 0.332 104.254 0.414
202009 0.490 103.521 0.615
202012 0.481 104.456 0.598
202103 0.180 104.857 0.223
202106 -0.469 107.102 -0.569
202109 -0.133 107.669 -0.160
202112 0.932 111.298 1.087
202203 -0.917 115.153 -1.034
202206 -0.134 118.044 -0.147
202209 0.185 117.221 0.205
202212 0.431 117.650 0.476
202303 -0.591 118.948 -0.645
202306 1.063 120.278 1.148
202309 0.623 121.343 0.667
202312 1.185 121.300 1.269
202403 -0.275 122.762 -0.291
202406 0.538 124.409 0.562
202409 1.003 123.121 1.058
202412 0.368 124.753 0.383
202503 0.735 125.531 0.760
202506 0.646 127.251 0.659
202509 0.634 126.840 0.649
202512 0.087 128.400 0.088
202603 0.525 129.860 0.525

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 €1.45 mean?
Endesa (XMAD:ELE) has a Cyclically Adjusted FCF per Share of €1.45 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 Endesa and its competitors.
Is Endesa's Cyclically Adjusted FCF per Share too high?
Endesa's current Cyclically Adjusted FCF per Share is €1.45. Overall, Endesa has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Endesa's Cyclically Adjusted FCF per Share compare to NEE and SO?
Endesa's Cyclically Adjusted FCF per Share of €1.45 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated 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 Endesa and its competitors. Endesa's current Cyclically Adjusted FCF per Share is €1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endesa stock overvalued right now?
Based on GuruFocus' analysis, Endesa (XMAD:ELE) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.56, compared to a current price of €40.10 — trading 105% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.45. Endesa's overall GF Score™ is 65/100 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 Endesa (XMAD:ELE), the current Cyclically Adjusted FCF per Share is €1.45 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 Endesa (XMAD:ELE) Overvalued in 2026?

Based on GuruFocus' analysis, Endesa stock appears to be overvalued. The current stock price of €40.10 is trading 105% above its estimated GF Value™ of €19.56. GuruFocus considers Endesa to be Significantly Overvalued.

Key valuation signals for XMAD:ELE:

  • Cyclically Adjusted FCF per Share: €1.45
  • GF Value™: €19.56 vs. price of €40.10 (105% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Endesa Business Description

Address Calle Ribera del Loira, 60, Madrid, ESP, 28042
Endesa generates, distributes, and supplies electricity in Spain and Portugal. The company has 21.5 gigawatts of installed generation capacity split among hydroelectric, nuclear, natural gas, oil, solar, and wind. Endesa also supplies gas to retail and business customers in Spain and France.
65GF Score

Get the complete analysis for XMAD:ELE

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

€40.10
Price
€19.56
GF Value