Cencosud (XSGO:CENCOSUD) Cyclically Adjusted FCF per Share: CLP302.96 (As of Mar. 2026)

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.

XSGO:CENCOSUD Cencosud SA XSGO:CENCOSUD
74 GF Score
Price CLP2,005.00
GF Value CLP2,261.63
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Cencosud Cyclically Adjusted FCF per Share?

Cencosud XSGO:CENCOSUD -1.72% 74 Cyclically Adjusted FCF per Share is CLP302.96 as of Mar. 2026. GuruFocus rates XSGO:CENCOSUD with a GF Score™ of 74/100 and a GF Value™ of CLP2,261.63 (Modestly Undervalued). 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.

Cencosud's adjusted free cash flow per share for the three months ended in Mar. 2026 was CLP9.028. 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 CLP302.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cencosud's average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.80% 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 Cencosud was 32.00% per year. The lowest was 8.60% per year. And the median was 24.20% per year.

As of today (2026-07-17), Cencosud's current stock price is CLP2005.00. Cencosud's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was CLP302.96. Cencosud's Cyclically Adjusted Price-to-FCF of today is 6.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cencosud was 16.81. The lowest was 5.68. And the median was 8.73.


Cencosud  (XSGO:CENCOSUD) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2005.00/302.96
=6.62

* 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 Cencosud was 16.81. The lowest was 5.68. And the median was 8.73.


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.


Cencosud Cyclically Adjusted FCF per Share Related Terms


Cencosud Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Cencosud'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.

Cencosud Cyclically Adjusted FCF per Share Chart

Cencosud 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 174.02 228.29 250.21 286.52 292.41

Cencosud 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 296.39 282.01 292.86 292.41 302.96

XSGO:CENCOSUD vs DDS, M: Cyclically Adjusted FCF per Share Comparison

For the Department Stores subindustry, Cencosud'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.


Cencosud Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cencosud's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XSGO:CENCOSUD
74GF Score
Cencosud SA XSGO:CENCOSUD
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cencosud 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, Cencosud'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)
=9.028/160.1900*160.1900
=9.028

Current CPI (Mar. 2026) = 160.1900.

Cencosud Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -42.388 103.965 -65.312
201609 6.019 104.521 9.225
201612 126.135 104.532 193.296
201703 -29.784 105.752 -45.116
201706 -15.913 105.730 -24.110
201709 -8.257 106.035 -12.474
201712 115.783 106.907 173.490
201803 -19.714 107.670 -29.330
201806 9.709 108.421 14.345
201809 -15.159 109.369 -22.203
201812 144.337 109.653 210.860
201903 -13.050 110.339 -18.946
201906 41.383 111.352 59.533
201909 28.512 111.821 40.845
201912 151.374 112.943 214.698
202003 8.543 114.468 11.955
202006 45.550 114.283 63.847
202009 125.051 115.275 173.776
202012 201.175 116.299 277.099
202103 13.741 117.770 18.690
202106 71.568 118.630 96.640
202109 88.444 121.431 116.674
202112 231.957 124.634 298.131
202203 -10.528 128.850 -13.089
202206 20.726 133.448 24.879
202209 18.817 138.101 21.827
202212 248.163 140.574 282.792
202303 -0.760 143.145 -0.850
202306 75.131 143.538 83.847
202309 88.944 145.172 98.145
202312 225.730 146.109 247.485
202403 -4.235 148.551 -4.567
202406 7.390 149.592 7.914
202409 95.188 151.212 100.840
202412 215.671 152.774 226.140
202503 -24.139 155.783 -24.822
202506 14.505 155.754 14.918
202509 16.675 157.870 16.920
202512 180.162 158.040 182.613
202603 9.028 160.190 9.028

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 CLP302.96 mean?
Cencosud (XSGO:CENCOSUD) has a Cyclically Adjusted FCF per Share of CLP302.96 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 Cencosud and its competitors.
Is Cencosud's Cyclically Adjusted FCF per Share too high?
Cencosud's current Cyclically Adjusted FCF per Share is CLP302.96. Overall, Cencosud has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cencosud's Cyclically Adjusted FCF per Share compare to DDS and M?
Cencosud's Cyclically Adjusted FCF per Share of CLP302.96 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical 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 Cencosud and its competitors. Cencosud's current Cyclically Adjusted FCF per Share is CLP302.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cencosud stock overvalued right now?
Based on GuruFocus' analysis, Cencosud (XSGO:CENCOSUD) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP2,261.63, compared to a current price of CLP2,005.00 — trading 11.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is CLP302.96. Cencosud's overall GF Score™ is 74/100 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 Cencosud (XSGO:CENCOSUD), the current Cyclically Adjusted FCF per Share is CLP302.96 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 Cencosud (XSGO:CENCOSUD) Overvalued in 2026?

Based on GuruFocus' analysis, Cencosud stock appears to be undervalued. The current stock price of CLP2,005.00 is trading 11.3% below its estimated GF Value™ of CLP2,261.63. GuruFocus considers Cencosud to be Modestly Undervalued.

Key valuation signals for XSGO:CENCOSUD:

  • Cyclically Adjusted FCF per Share: CLP302.96
  • GF Value™: CLP2,261.63 vs. price of CLP2,005.00 (11.3% below fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Cencosud Business Description

Address Avenida Kennedy 9001, Piso 6, Las Condes, Santiago, CHL
Cencosud SA is a multi-brand retailer in South America. Headquartered in Chile, the Company has organized its reportable segments into: Supermarkets, Shopping Centers, Home Improvement stores, Department stores, Financial Services, and Others., the company is involved in commercial real estate development by leasing shopping mall space to third parties. Cencosud also provides private-label credit cards and financial services to retail customers. The company generates the majority of its revenue from the Supermarket segment.
74GF Score

Get the complete analysis for XSGO:CENCOSUD

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

CLP2,005.00
Price
CLP2,261.63
GF Value