Meridia Real Estate III Socimi (XMAD:YMRE) Cyclically Adjusted FCF per Share: €-0.04 (As of Dec. 2025)

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.

XMAD:YMRE Meridia Real Estate III Socimi SA XMAD:YMRE
48 GF Score
Price €0.77
GF Value €6.39
! 4 Warning Signs
View Full Analysis

What is Meridia Real Estate III Socimi Cyclically Adjusted FCF per Share?

Meridia Real Estate III Socimi XMAD:YMRE 48 Cyclically Adjusted FCF per Share is €-0.04 as of Dec. 2025. GuruFocus rates XMAD:YMRE with a GF Score™ of 48/100 and a GF Value™ of €6.39. 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.

Meridia Real Estate III Socimi's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was €0.259. 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 €-0.04 for the trailing ten years ended in Dec. 2025.

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 (2026-07-18), Meridia Real Estate III Socimi's current stock price is € 0.77. Meridia Real Estate III Socimi's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was €-0.04. Meridia Real Estate III Socimi's Cyclically Adjusted Price-to-FCF of today is .


Meridia Real Estate III Socimi  (XMAD:YMRE) 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.


Meridia Real Estate III Socimi Cyclically Adjusted FCF per Share Related Terms


Meridia Real Estate III Socimi Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Meridia Real Estate III Socimi'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.

Meridia Real Estate III Socimi Cyclically Adjusted FCF per Share Chart

Meridia Real Estate III Socimi 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 -0.04

Meridia Real Estate III Socimi Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 -0.04

XMAD:YMRE vs BXP, ARE, VNO: Cyclically Adjusted FCF per Share Comparison

For the REIT - Office subindustry, Meridia Real Estate III Socimi'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.


Meridia Real Estate III Socimi Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Meridia Real Estate III Socimi's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Meridia Real Estate III Socimi's Cyclically Adjusted Price-to-FCF falls into.


XMAD:YMRE
48GF Score
Meridia Real Estate III Socimi SA XMAD:YMRE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meridia Real Estate III Socimi 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, Meridia Real Estate III Socimi's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.259/128.4000*128.4000
=0.259

Current CPI (Dec. 2025) = 128.4000.

Meridia Real Estate III Socimi Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 -0.029 101.842 -0.037
201712 -0.027 102.975 -0.034
201812 0.041 104.193 0.051
201912 -0.013 105.015 -0.016
202012 -0.060 104.456 -0.074
202112 -0.217 111.298 -0.250
202212 -0.071 117.650 -0.077
202312 -0.178 121.300 -0.188
202412 -0.054 124.753 -0.056
202512 0.259 128.400 0.259

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 €-0.04 mean?
Meridia Real Estate III Socimi (XMAD:YMRE) has a Cyclically Adjusted FCF per Share of €-0.04 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Meridia Real Estate III Socimi and its competitors.
Is Meridia Real Estate III Socimi's Cyclically Adjusted FCF per Share too high?
Meridia Real Estate III Socimi's current Cyclically Adjusted FCF per Share is €-0.04. Overall, Meridia Real Estate III Socimi has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Meridia Real Estate III Socimi's Cyclically Adjusted FCF per Share compare to BXP and ARE?
Meridia Real Estate III Socimi's Cyclically Adjusted FCF per Share of €-0.04 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs 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 Meridia Real Estate III Socimi and its competitors. Meridia Real Estate III Socimi's current Cyclically Adjusted FCF per Share is €-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridia Real Estate III Socimi stock overvalued right now?
Meridia Real Estate III Socimi (XMAD:YMRE) has a current Cyclically Adjusted FCF per Share of €-0.04. The stock's GF Value™ is €6.39, compared to a current price of €0.77 — trading 87.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.04. Meridia Real Estate III Socimi's overall GF Score™ is 48/100 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 Meridia Real Estate III Socimi (XMAD:YMRE), the current Cyclically Adjusted FCF per Share is €-0.04 as of Dec. 2025. 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 Meridia Real Estate III Socimi (XMAD:YMRE) Overvalued in 2026?

Based on GuruFocus' analysis, Meridia Real Estate III Socimi stock appears to be undervalued. The current stock price of €0.77 is trading 87.9% below its estimated GF Value™ of €6.39.

Key valuation signals for XMAD:YMRE:

  • Cyclically Adjusted FCF per Share: €-0.04
  • GF Value™: €6.39 vs. price of €0.77 (87.9% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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


Meridia Real Estate III Socimi Business Description

Industry Real EstateREITs
Address Avenida Diagonal, 640, Barcelona, ESP, 08017
Meridia Real Estate III Socimi SA operates as a real estate investment trust. It invests in all real estate segments, especially offices and logistics, in Madrid and Barcelona.
48GF Score

Get the complete analysis for XMAD:YMRE

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

€0.77
Price
€6.39
GF Value