Luka Rijeka DD (ZAG:LKRI) Cyclically Adjusted FCF per Share: €-0.44 (As of Jun. 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.

ZAG:LKRI Luka Rijeka DD ZAG:LKRI
55 GF Score
Price €17.50
GF Value €9.33
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Luka Rijeka DD Cyclically Adjusted FCF per Share?

Luka Rijeka DD ZAG:LKRI +0.57% 55 Cyclically Adjusted FCF per Share is €-0.44 as of Jun. 2026. GuruFocus rates ZAG:LKRI with a GF Score™ of 55/100 and a GF Value™ of €9.33 (Significantly Overvalued). The stock has 3 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.

Luka Rijeka DD's adjusted free cash flow per share for the three months ended in Jun. 2026 was €-0.027. 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 €-0.44 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% 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 Luka Rijeka DD was 3.60% per year. The lowest was 0.70% per year. And the median was 2.90% per year.

As of today (2026-08-06), Luka Rijeka DD's current stock price is €17.50. Luka Rijeka DD's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €-0.44. Luka Rijeka DD's Cyclically Adjusted Price-to-FCF of today is .


Luka Rijeka DD  (ZAG:LKRI) 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.


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.


Luka Rijeka DD Cyclically Adjusted FCF per Share Related Terms


Luka Rijeka DD Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Luka Rijeka 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.

Luka Rijeka DD Cyclically Adjusted FCF per Share Chart

Luka Rijeka 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 -0.45 -0.48 -0.43 -0.44 -0.43

Luka Rijeka 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 -0.45 -0.46 -0.43 -0.45 -0.44

Luka Rijeka DD Cyclically Adjusted FCF per Share Competitor Comparison

For the Marine Shipping subindustry, Luka Rijeka 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.


Luka Rijeka DD Cyclically Adjusted Price-to-FCF vs Transportation Industry

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

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


ZAG:LKRI
55GF Score
Luka Rijeka DD ZAG:LKRI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luka Rijeka 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, Luka Rijeka 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)
=-0.027/333.9520*333.9520
=-0.027

Current CPI (Jun. 2026) = 333.9520.

Luka Rijeka DD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.253 241.428 -0.350
201612 -0.130 241.432 -0.180
201703 -0.140 243.801 -0.192
201706 -0.207 244.955 -0.282
201709 -0.274 246.819 -0.371
201712 -0.441 246.524 -0.597
201803 -0.142 249.554 -0.190
201806 -0.254 251.989 -0.337
201809 0.055 252.439 0.073
201812 0.179 251.233 0.238
201903 -0.113 254.202 -0.148
201906 0.078 256.143 0.102
201909 -0.024 256.759 -0.031
201912 -0.220 256.974 -0.286
202003 0.044 258.115 0.057
202006 -0.082 257.797 -0.106
202009 -0.011 260.280 -0.014
202012 -0.359 260.474 -0.460
202103 -0.037 264.877 -0.047
202106 -0.131 271.696 -0.161
202109 -0.226 274.310 -0.275
202112 0.392 278.802 0.470
202203 -0.072 287.504 -0.084
202206 -0.275 296.311 -0.310
202209 -0.094 296.808 -0.106
202212 0.269 296.797 0.303
202303 -0.093 301.836 -0.103
202306 -0.057 305.109 -0.062
202309 -0.285 307.789 -0.309
202312 -0.025 306.746 -0.027
202403 0.103 312.332 0.110
202406 0.081 314.175 0.086
202409 -0.134 315.301 -0.142
202412 -0.307 315.605 -0.325
202503 -0.017 319.799 -0.018
202506 -0.050 322.561 -0.052
202509 -0.192 324.800 -0.197
202512 0.050 324.054 0.052
202603 -0.064 330.213 -0.065
202606 -0.027 333.952 -0.027

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 €-0.44 mean?
Luka Rijeka DD (ZAG:LKRI) has a Cyclically Adjusted FCF per Share of €-0.44 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 Luka Rijeka DD and its competitors.
Is Luka Rijeka DD's Cyclically Adjusted FCF per Share too high?
Luka Rijeka DD's current Cyclically Adjusted FCF per Share is €-0.44. Overall, Luka Rijeka DD has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luka Rijeka DD's Cyclically Adjusted FCF per Share compare to competitors?
Luka Rijeka DD's Cyclically Adjusted FCF per Share of €-0.44 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 Luka Rijeka DD and its competitors. Luka Rijeka DD's current Cyclically Adjusted FCF per Share is €-0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luka Rijeka DD stock overvalued right now?
Based on GuruFocus' analysis, Luka Rijeka DD (ZAG:LKRI) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.33, compared to a current price of €17.50 — trading 87.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.44. Luka Rijeka DD's overall GF Score™ is 55/100 with 3 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 Luka Rijeka DD (ZAG:LKRI), the current Cyclically Adjusted FCF per Share is €-0.44 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 Luka Rijeka DD (ZAG:LKRI) Overvalued in 2026?

Based on GuruFocus' analysis, Luka Rijeka DD stock appears to be overvalued. The current stock price of €17.50 is trading 87.6% above its estimated GF Value™ of €9.33. GuruFocus considers Luka Rijeka DD to be Significantly Overvalued.

Key valuation signals for ZAG:LKRI:

  • Cyclically Adjusted FCF per Share: €-0.44
  • GF Value™: €9.33 vs. price of €17.50 (87.6% above fair value)
  • GF Score™: 55/100 with 3 warning signs

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


Luka Rijeka DD Business Description

Address Riva 1, 51 000 Rijeka, Republic of Croatia, HRV
Luka Rijeka DD is a concessionaire for dry cargo transhipment in the port of Rijeka, and a trading company whose main activity is port services. It offers services in maritime traffic, port services, as well as the storage of cargo at specialized terminals.
55GF Score

Get the complete analysis for ZAG:LKRI

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

€17.50
Price
€9.33
GF Value