Atlantic Grupa DD (ZAG:ATGR) Cyclically Adjusted FCF per Share: €3.21 (As of Jun. 2026)

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ZAG:ATGR Atlantic Grupa DD ZAG:ATGR
88 GF Score
Price €50.50
GF Value €58.86
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Atlantic Grupa DD Cyclically Adjusted FCF per Share?

Atlantic Grupa DD ZAG:ATGR +1.00% 88 Cyclically Adjusted FCF per Share is €3.21 as of Jun. 2026. GuruFocus rates ZAG:ATGR with a GF Score™ of 88/100 and a GF Value™ of €58.86 (Modestly Undervalued). The stock has 7 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.

Atlantic Grupa DD's adjusted free cash flow per share for the three months ended in Jun. 2026 was €-0.265. 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 €3.21 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Atlantic Grupa DD's average Cyclically Adjusted FCF Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.80% 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 Atlantic Grupa DD was 2.90% per year. The lowest was -6.60% per year. And the median was -2.30% per year.

As of today (2026-08-06), Atlantic Grupa DD's current stock price is €50.50. Atlantic Grupa DD's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €3.21. Atlantic Grupa DD's Cyclically Adjusted Price-to-FCF of today is 15.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Atlantic Grupa DD was 138.31. The lowest was 13.27. And the median was 17.18.


Atlantic Grupa DD  (ZAG:ATGR) 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.

Atlantic Grupa DD's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=50.50/3.21
=15.73

* 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 Atlantic Grupa DD was 138.31. The lowest was 13.27. And the median was 17.18.


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.


Atlantic Grupa DD Cyclically Adjusted FCF per Share Related Terms


Atlantic Grupa DD Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Atlantic Grupa DD'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.

Atlantic Grupa DD Cyclically Adjusted FCF per Share Chart

Atlantic Grupa DD 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 3.38 3.39 3.25 3.15 2.76

Atlantic Grupa DD Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.83 2.66 2.76 3.10 3.21

ZAG:ATGR vs KHC, GIS, HRL: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, Atlantic Grupa DD'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.


Atlantic Grupa DD Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atlantic Grupa DD's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


ZAG:ATGR
88GF Score
Atlantic Grupa DD ZAG:ATGR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Atlantic Grupa DD 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, Atlantic Grupa DD's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.265/333.9520*333.9520
=-0.265

Current CPI (Jun. 2026) = 333.9520.

Atlantic Grupa DD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.385 241.428 1.916
201612 1.750 241.432 2.421
201703 0.184 243.801 0.252
201706 0.026 244.955 0.035
201709 1.331 246.819 1.801
201712 0.671 246.524 0.909
201803 0.808 249.554 1.081
201806 -0.556 251.989 -0.737
201809 2.154 252.439 2.850
201812 0.841 251.233 1.118
201903 0.804 254.202 1.056
201906 0.615 256.143 0.802
201909 1.252 256.759 1.628
201912 0.966 256.974 1.255
202003 0.424 258.115 0.549
202006 1.339 257.797 1.735
202009 1.922 260.280 2.466
202012 -0.430 260.474 -0.551
202103 1.261 264.877 1.590
202106 1.009 271.696 1.240
202109 1.828 274.310 2.225
202112 0.825 278.802 0.988
202203 0.345 287.504 0.401
202206 0.261 296.311 0.294
202209 0.123 296.808 0.138
202212 0.066 296.797 0.074
202303 -0.755 301.836 -0.835
202306 0.352 305.109 0.385
202309 -0.095 307.789 -0.103
202312 2.031 306.746 2.211
202403 0.152 312.332 0.163
202406 -0.792 314.175 -0.842
202409 1.835 315.301 1.944
202412 0.193 315.605 0.204
202503 -1.962 319.799 -2.049
202506 -0.263 322.561 -0.272
202509 -0.283 324.800 -0.291
202512 2.605 324.054 2.685
202603 1.648 330.213 1.667
202606 -0.265 333.952 -0.265

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 €3.21 mean?
Atlantic Grupa DD (ZAG:ATGR) has a Cyclically Adjusted FCF per Share of €3.21 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Atlantic Grupa DD and its competitors.
Is Atlantic Grupa DD's Cyclically Adjusted FCF per Share too high?
Atlantic Grupa DD's current Cyclically Adjusted FCF per Share is €3.21. Overall, Atlantic Grupa DD has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlantic Grupa DD's Cyclically Adjusted FCF per Share compare to KHC and GIS?
Atlantic Grupa DD's Cyclically Adjusted FCF per Share of €3.21 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Atlantic Grupa DD and its competitors. Atlantic Grupa DD's current Cyclically Adjusted FCF per Share is €3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantic Grupa DD stock overvalued right now?
Based on GuruFocus' analysis, Atlantic Grupa DD (ZAG:ATGR) is currently considered Modestly Undervalued. The stock's GF Value™ is €58.86, compared to a current price of €50.50 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €3.21. Atlantic Grupa DD's overall GF Score™ is 88/100 with 7 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 Atlantic Grupa DD (ZAG:ATGR), the current Cyclically Adjusted FCF per Share is €3.21 as of Jun. 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 Atlantic Grupa DD (ZAG:ATGR) Overvalued in 2026?

Based on GuruFocus' analysis, Atlantic Grupa DD stock appears to be undervalued. The current stock price of €50.50 is trading 14.2% below its estimated GF Value™ of €58.86. GuruFocus considers Atlantic Grupa DD to be Modestly Undervalued.

Key valuation signals for ZAG:ATGR:

  • Cyclically Adjusted FCF per Share: €3.21
  • GF Value™: €58.86 vs. price of €50.50 (14.2% below fair value)
  • GF Score™: 88/100 with 7 warning signs

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


Atlantic Grupa DD Business Description

Address Miramarska 23, Zagreb, HRV, 10000
Atlantic Grupa DD is a Croatia-based company engaged in the production and distribution of fast-moving consumer goods. The company's strategic business units include SBU Coffee, SBU Savoury Spreads, SBU Snacks, SBU Beverages, SBU Pharmacy business, and BU Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The distribution business is organized to cover markets including Croatia, Serbia, Slovenia, North Macedonia, Russia, and Austria.
88GF Score

Get the complete analysis for ZAG:ATGR

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

€50.50
Price
€58.86
GF Value