Knafaim Holdings (XTAE:KNFM) Cyclically Adjusted FCF per Share: ₪6.50 (As of Mar. 2026)

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XTAE:KNFM Knafaim Holdings Ltd XTAE:KNFM
68 GF Score
Price ₪17.74
GF Value ₪16.76
Valuation Fairly Valued
! 5 Warning Signs
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What is Knafaim Holdings Cyclically Adjusted FCF per Share?

Knafaim Holdings XTAE:KNFM 68 Cyclically Adjusted FCF per Share is ₪6.50 as of Mar. 2026. GuruFocus rates XTAE:KNFM with a GF Score™ of 68/100 and a GF Value™ of ₪16.76 (Fairly Valued). The stock has 5 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.

Knafaim Holdings's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₪-2.475. 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 ₪6.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Knafaim Holdings's average Cyclically Adjusted FCF Growth Rate was -0.80% 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.

As of today (2026-08-15), Knafaim Holdings's current stock price is ₪17.74. Knafaim Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₪6.50. Knafaim Holdings's Cyclically Adjusted Price-to-FCF of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Knafaim Holdings was 4.68. The lowest was 1.75. And the median was 2.79.


Knafaim Holdings  (XTAE:KNFM) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.74/6.50
=2.73

* 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 Knafaim Holdings was 4.68. The lowest was 1.75. And the median was 2.79.


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.


Knafaim Holdings Cyclically Adjusted FCF per Share Related Terms


Knafaim Holdings Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Knafaim Holdings'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.

Knafaim Holdings Cyclically Adjusted FCF per Share Chart

Knafaim Holdings 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 6.76 4.89

Knafaim Holdings 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 6.54 4.95 3.57 4.89 6.50

XTAE:KNFM vs DAL, UAL, LUV: Cyclically Adjusted FCF per Share Comparison

For the Airlines subindustry, Knafaim Holdings'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.


Knafaim Holdings Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Knafaim Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XTAE:KNFM
68GF Score
Knafaim Holdings Ltd XTAE:KNFM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knafaim Holdings 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, Knafaim Holdings'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)
=-2.475/330.2130*330.2130
=-2.475

Current CPI (Mar. 2026) = 330.2130.

Knafaim Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 17.057 241.018 23.369
201609 0.495 241.428 0.677
201612 -1.332 241.432 -1.822
201703 1.809 243.801 2.450
201706 10.892 244.955 14.683
201709 8.016 246.819 10.724
201712 -14.286 246.524 -19.136
201803 -26.377 249.554 -34.902
201806 -9.253 251.989 -12.125
201809 -29.121 252.439 -38.093
201812 86.285 251.233 113.410
201903 7.964 254.202 10.345
201906 -10.442 256.143 -13.462
201909 2.656 256.759 3.416
201912 16.844 256.974 21.645
202003 2.078 258.115 2.658
202006 -4.314 257.797 -5.526
202009 0.122 260.280 0.155
202012 -0.078 260.474 -0.099
202103 0.378 264.877 0.471
202106 -0.079 271.696 -0.096
202109 -6.611 274.310 -7.958
202112 -6.255 278.802 -7.408
202203 1.105 287.504 1.269
202206 0.076 296.311 0.085
202209 1.624 296.808 1.807
202212 0.669 296.797 0.744
202303 -0.411 301.836 -0.450
202306 0.694 305.109 0.751
202309 -0.242 307.789 -0.260
202312 0.202 306.746 0.217
202403 0.203 312.332 0.215
202406 0.412 314.175 0.433
202409 -0.023 315.301 -0.024
202412 0.792 315.605 0.829
202503 0.197 319.799 0.203
202506 -2.757 322.561 -2.822
202509 0.367 324.800 0.373
202512 0.677 324.054 0.690
202603 -2.475 330.213 -2.475

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 ₪6.50 mean?
Knafaim Holdings (XTAE:KNFM) has a Cyclically Adjusted FCF per Share of ₪6.50 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 Knafaim Holdings and its competitors.
Is Knafaim Holdings' Cyclically Adjusted FCF per Share too high?
Knafaim Holdings' current Cyclically Adjusted FCF per Share is ₪6.50. Overall, Knafaim Holdings has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Knafaim Holdings' Cyclically Adjusted FCF per Share compare to DAL and UAL?
Knafaim Holdings' Cyclically Adjusted FCF per Share of ₪6.50 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation 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 Knafaim Holdings and its competitors. Knafaim Holdings's current Cyclically Adjusted FCF per Share is ₪6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knafaim Holdings stock overvalued right now?
Based on GuruFocus' analysis, Knafaim Holdings (XTAE:KNFM) is currently considered Fairly Valued. The stock's GF Value™ is ₪16.76, compared to a current price of ₪17.74 — trading 5.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ₪6.50. Knafaim Holdings' overall GF Score™ is 68/100 with 5 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 Knafaim Holdings (XTAE:KNFM), the current Cyclically Adjusted FCF per Share is ₪6.50 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 Knafaim Holdings (XTAE:KNFM) Overvalued in 2026?

Based on GuruFocus' analysis, Knafaim Holdings stock appears to be overvalued. The current stock price of ₪17.74 is trading 5.8% above its estimated GF Value™ of ₪16.76. GuruFocus considers Knafaim Holdings to be Fairly Valued.

Key valuation signals for XTAE:KNFM:

  • Cyclically Adjusted FCF per Share: ₪6.50
  • GF Value™: ₪16.76 vs. price of ₪17.74 (5.8% above fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Knafaim Holdings Business Description

Address Ayalon House, 12 Aba Hillel Street, Ramat Gan, ISR, 52008
Knafaim Holdings Ltd, through its subsidiaries, operates domestic flights and international charter flights. It also leases planes and provides maintenance services for airplanes and runways in Israel.
68GF Score

Get the complete analysis for XTAE:KNFM

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

₪17.74
Price
₪16.76
GF Value