Erste Group Bank AG. (XPRA:ERBAG) Cyclically Adjusted FCF per Share: Kč167.53 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XPRA:ERBAG Erste Group Bank AG. XPRA:ERBAG
86 GF Score
Price Kč2,762.00
GF Value Kč1,664.21
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Erste Group Bank AG. Cyclically Adjusted FCF per Share?

Erste Group Bank AG. XPRA:ERBAG +0.84% 86 Cyclically Adjusted FCF per Share is Kč167.53 as of Mar. 2026. GuruFocus rates XPRA:ERBAG with a GF Score™ of 86/100 and a GF Value™ of Kč1,664.21 (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.

Erste Group Bank AG.'s adjusted free cash flow per share for the three months ended in Mar. 2026 was Kč160.870. 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 Kč167.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Erste Group Bank AG.'s average Cyclically Adjusted FCF Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.50% 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 Erste Group Bank AG. was 70.60% per year. The lowest was -12.30% per year. And the median was 18.15% per year.

As of today (2026-07-26), Erste Group Bank AG.'s current stock price is Kč2762.00. Erste Group Bank AG.'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Kč167.53. Erste Group Bank AG.'s Cyclically Adjusted Price-to-FCF of today is 16.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Erste Group Bank AG. was 25.12. The lowest was 2.04. And the median was 7.53.


Erste Group Bank AG.  (XPRA:ERBAG) 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.

Erste Group Bank AG.'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2762.00/167.53
=16.49

* 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 Erste Group Bank AG. was 25.12. The lowest was 2.04. And the median was 7.53.


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.


Erste Group Bank AG. Cyclically Adjusted FCF per Share Related Terms


Erste Group Bank AG. Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Erste Group Bank 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.

Erste Group Bank AG. Cyclically Adjusted FCF per Share Chart

Erste Group Bank 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 257.18 190.40 211.71 174.16 157.78

Erste Group Bank 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 167.13 196.85 150.00 157.78 167.53

XPRA:ERBAG vs PNC, USB: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, Erste Group Bank 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.


Erste Group Bank AG. Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Erste Group Bank AG.'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Erste Group Bank AG.'s Cyclically Adjusted Price-to-FCF falls into.


XPRA:ERBAG
86GF Score
Erste Group Bank AG. XPRA:ERBAG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Erste Group Bank 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, Erste Group Bank 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)
=160.87/142.1600*142.1600
=160.870

Current CPI (Mar. 2026) = 142.1600.

Erste Group Bank AG. Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -130.415 101.092 -183.396
201609 121.076 101.192 170.095
201612 249.544 102.092 347.484
201703 365.750 102.592 506.816
201706 70.900 102.991 97.864
201709 -238.509 103.591 -327.309
201712 -16.711 104.291 -22.779
201803 167.996 104.491 228.558
201806 -480.079 105.091 -649.417
201809 -90.931 105.691 -122.307
201812 168.317 106.291 225.117
201903 -97.417 106.391 -130.169
201906 57.252 106.791 76.214
201909 -71.777 106.991 -95.371
201912 -302.219 108.091 -397.475
202003 744.617 108.024 979.922
202006 -302.584 107.915 -398.602
202009 623.561 108.348 818.155
202012 441.382 109.321 573.968
202103 1,114.704 110.186 1,438.168
202106 -275.621 110.943 -353.175
202109 -82.592 111.916 -104.911
202112 -39.396 113.971 -49.140
202203 40.466 117.647 48.897
202206 -158.986 120.567 -187.460
202209 98.405 123.811 112.989
202212 -508.858 125.541 -576.221
202303 413.743 128.460 457.866
202306 -560.078 130.191 -611.570
202309 -50.016 131.272 -54.164
202312 303.178 132.570 325.111
202403 -428.761 133.759 -455.691
202406 -143.022 134.083 -151.637
202409 -114.436 133.651 -121.722
202412 99.048 135.273 104.091
202503 -75.940 137.760 -78.366
202506 270.439 138.517 277.552
202509 -138.934 138.950 -142.144
202512 164.791 140.350 166.916
202603 160.870 142.160 160.870

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 Kč167.53 mean?
Erste Group Bank AG. (XPRA:ERBAG) has a Cyclically Adjusted FCF per Share of Kč167.53 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 Erste Group Bank AG. and its competitors.
Is Erste Group Bank AG.'s Cyclically Adjusted FCF per Share too high?
Erste Group Bank AG.'s current Cyclically Adjusted FCF per Share is Kč167.53. Overall, Erste Group Bank AG. has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Erste Group Bank AG.'s Cyclically Adjusted FCF per Share compare to PNC and USB?
Erste Group Bank AG.'s Cyclically Adjusted FCF per Share of Kč167.53 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 Erste Group Bank AG. and its competitors. Erste Group Bank AG.'s current Cyclically Adjusted FCF per Share is Kč167.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erste Group Bank AG. stock overvalued right now?
Based on GuruFocus' analysis, Erste Group Bank AG. (XPRA:ERBAG) is currently considered Significantly Overvalued. The stock's GF Value™ is Kč1,664.21, compared to a current price of Kč2,762.00 — trading 66% above its estimated fair value. The current Cyclically Adjusted FCF per Share is Kč167.53. Erste Group Bank AG.'s overall GF Score™ is 86/100 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 Erste Group Bank AG. (XPRA:ERBAG), the current Cyclically Adjusted FCF per Share is Kč167.53 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 Erste Group Bank AG. (XPRA:ERBAG) Overvalued in 2026?

Based on GuruFocus' analysis, Erste Group Bank AG. stock appears to be overvalued. The current stock price of Kč2,762.00 is trading 66% above its estimated GF Value™ of Kč1,664.21. GuruFocus considers Erste Group Bank AG. to be Significantly Overvalued.

Key valuation signals for XPRA:ERBAG:

  • Cyclically Adjusted FCF per Share: Kč167.53
  • GF Value™: Kč1,664.21 vs. price of Kč2,762.00 (66% above fair value)
  • GF Score™: 86/100 with 6 warning signs

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


Erste Group Bank AG. Business Description

Address Am Belvedere 1, Vienna, AUT, A-1100
Erste Group Bank AG. is an Austria-based financial services provider catering to the needs of individuals, corporates, small businesses, and other enterprises. It offers a complete range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, project finance, foreign exchange trading, leasing, factoring, etc. The Group's operating segments are defined according to the core markets in which it operates and include Austria, Central and Eastern Europe, and Other. Maximum revenue is generated from the Central and Eastern Europe segment, which represents its operations in the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia.
86GF Score

Get the complete analysis for XPRA:ERBAG

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

Kč2,762.00
Price
Kč1,664.21
GF Value