Deutsche Telekom AG (XPRA:DTE) Cyclically Adjusted FCF per Share: Kč58.66 (As of Mar. 2026)

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XPRA:DTE Deutsche Telekom AG XPRA:DTE
81 GF Score
Price Kč655.30
GF Value Kč693.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Deutsche Telekom AG Cyclically Adjusted FCF per Share?

Deutsche Telekom AG XPRA:DTE -0.50% 81 Cyclically Adjusted FCF per Share is Kč58.66 as of Mar. 2026. GuruFocus rates XPRA:DTE with a GF Score™ of 81/100 and a GF Value™ of Kč693.01 (Fairly Valued). 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.

Deutsche Telekom AG's adjusted free cash flow per share for the three months ended in Mar. 2026 was Kč35.143. 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 Kč58.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Deutsche Telekom AG's average Cyclically Adjusted FCF Growth Rate was 24.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 24.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% 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 Deutsche Telekom AG was 32.60% per year. The lowest was -10.50% per year. And the median was 0.30% per year.

As of today (2026-08-02), Deutsche Telekom AG's current stock price is Kč655.30. Deutsche Telekom AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Kč58.66. Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF of today is 11.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Deutsche Telekom AG was 24.16. The lowest was 10.65. And the median was 17.40.


Deutsche Telekom AG  (XPRA:DTE) 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.

Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=655.30/58.66
=11.17

* 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 Deutsche Telekom AG was 24.16. The lowest was 10.65. And the median was 17.40.


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.


Deutsche Telekom AG Cyclically Adjusted FCF per Share Related Terms


Deutsche Telekom AG Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Deutsche Telekom AG'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.

Deutsche Telekom AG Cyclically Adjusted FCF per Share Chart

Deutsche Telekom AG 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 19.26 22.92 32.26 43.33 52.99

Deutsche Telekom AG 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 47.50 49.89 50.74 52.99 58.66

XPRA:DTE vs VZ, TMUS, T: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, Deutsche Telekom AG'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.


Deutsche Telekom AG Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Deutsche Telekom AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XPRA:DTE
81GF Score
Deutsche Telekom AG XPRA:DTE
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Telekom AG 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, Deutsche Telekom AG'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)
=35.143/131.2583*131.2583
=35.143

Current CPI (Mar. 2026) = 131.2583.

Deutsche Telekom AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 7.234 100.717 9.428
201609 3.939 101.017 5.118
201612 2.284 101.217 2.962
201703 6.244 101.417 8.081
201706 -33.974 102.117 -43.669
201709 9.935 102.717 12.696
201712 4.744 102.617 6.068
201803 6.208 102.917 7.918
201806 7.053 104.017 8.900
201809 9.375 104.718 11.751
201812 6.886 104.217 8.673
201903 11.811 104.217 14.876
201906 7.555 105.718 9.380
201909 14.983 106.018 18.550
201912 12.870 105.818 15.964
202003 2.184 105.718 2.712
202006 3.377 106.618 4.157
202009 14.503 105.818 17.990
202012 8.233 105.518 10.241
202103 -21.896 107.518 -26.731
202106 20.168 108.486 24.402
202109 24.139 109.435 28.953
202112 7.362 110.384 8.754
202203 10.991 113.968 12.658
202206 17.587 115.760 19.942
202209 16.667 118.818 18.412
202212 12.748 119.345 14.021
202303 22.534 122.402 24.164
202306 22.356 123.140 23.830
202309 26.575 124.195 28.086
202312 22.498 123.773 23.859
202403 24.920 125.038 26.160
202406 32.168 125.882 33.542
202409 25.540 126.198 26.564
202412 22.387 127.041 23.130
202503 34.203 127.779 35.134
202506 25.668 128.412 26.237
202509 26.777 129.255 27.192
202512 21.472 129.361 21.787
202603 35.143 131.258 35.143

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 Kč58.66 mean?
Deutsche Telekom AG (XPRA:DTE) has a Cyclically Adjusted FCF per Share of Kč58.66 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 Deutsche Telekom AG and its competitors.
Is Deutsche Telekom AG's Cyclically Adjusted FCF per Share too high?
Deutsche Telekom AG's current Cyclically Adjusted FCF per Share is Kč58.66. Overall, Deutsche Telekom AG has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Telekom AG's Cyclically Adjusted FCF per Share compare to VZ and TMUS?
Deutsche Telekom AG's Cyclically Adjusted FCF per Share of Kč58.66 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication Services 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 Deutsche Telekom AG and its competitors. Deutsche Telekom AG's current Cyclically Adjusted FCF per Share is Kč58.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Telekom AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Telekom AG (XPRA:DTE) is currently considered Fairly Valued. The stock's GF Value™ is Kč693.01, compared to a current price of Kč655.30 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Kč58.66. Deutsche Telekom AG's overall GF Score™ is 81/100 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 Deutsche Telekom AG (XPRA:DTE), the current Cyclically Adjusted FCF per Share is Kč58.66 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 Deutsche Telekom AG (XPRA:DTE) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Telekom AG stock appears to be undervalued. The current stock price of Kč655.30 is trading 5.4% below its estimated GF Value™ of Kč693.01. GuruFocus considers Deutsche Telekom AG to be Fairly Valued.

Key valuation signals for XPRA:DTE:

  • Cyclically Adjusted FCF per Share: Kč58.66
  • GF Value™: Kč693.01 vs. price of Kč655.30 (5.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Deutsche Telekom AG Business Description

Address Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is Germany's incumbent telecom operator and remains the dominant player in mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom operates in several Central European countries and holds an IT arm (Systems Solutions).
81GF Score

Get the complete analysis for XPRA:DTE

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

Kč655.30
Price
Kč693.01
GF Value