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Axfood ABCHIX:AXFOS 72 Cyclically Adjusted Price-to-FCF is 13.14 as of Sep. 15, 2026, which is 36% below its 10-year median of 20.44. GuruFocus rates CHIX:AXFOS with a GF Score™ of 72/100 and a GF Value™ of kr298.30 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 137 Retail - Defensive companies, Axfood AB ranks better than 51.09% on this metric.
The historical rank and industry rank for Axfood AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
CHIX:AXFOs'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.13 Med: 20.44 Max: 27.75
Current: 14.55
During the past years, Axfood AB's highest Cyclically Adjusted Price-to-FCF was 27.75. The lowest was 14.13. And the median was 20.44.
CHIX:AXFOs's Cyclically Adjusted Price-to-FCF is ranked better than 51.09% of 137
companies
in the Retail - Defensive industry
Industry Median: 14.81
vs CHIX:AXFOs: 14.55
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.
Axfood AB's adjusted free cash flow per share data for the three months ended in Jun. 2026 was kr4.235. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr17.72 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Axfood AB (CHIX:AXFOs) Cyclically Adjusted Price-to-FCF Explanation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Axfood AB Cyclically Adjusted Price-to-FCF Related Terms
Axfood AB Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for Axfood AB's Cyclically Adjusted Price-to-FCF 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.
CHIX:AXFOS vs KR, SFM: Cyclically Adjusted Price-to-FCF Comparison
For the Grocery Stores subindustry, Axfood AB'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.
Axfood AB Cyclically Adjusted Price-to-FCF vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Axfood AB's Cyclically Adjusted Price-to-FCF falls into.
Axfood AB Cyclically Adjusted Price-to-FCF Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
Axfood AB's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
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.
What does a Cyclically Adjusted Price-to-FCF of 13.14 mean?
Axfood AB (CHIX:AXFOS) has a Cyclically Adjusted Price-to-FCF of 13.14 as of Sep. 15, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Axfood AB and its competitors. This is 36% below median its historical median of 20.44. Over the past decade, Axfood AB's Cyclically Adjusted Price-to-FCF has ranged from 14.13 to 27.75. According to the industry distribution chart, Axfood AB ranks #67 out of 137 companies in the Retail - Defensive industry, placing it in the top 48.9%.
Is Axfood AB's Cyclically Adjusted Price-to-FCF too high?
Axfood AB's current Cyclically Adjusted Price-to-FCF of 13.14 is 36% below median its 10-year median of 20.44. Over the past 10 years, this metric has ranged from a low of 14.13 to a high of 27.75. The Retail - Defensive industry median Cyclically Adjusted Price-to-FCF is 14.81. Axfood AB's value of 13.14 is 11.3% below this industry median. Based on the distribution chart, Axfood AB ranks #67 out of 137 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Axfood AB has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's Cyclically Adjusted Price-to-FCF compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #67 out of 137 companies for Cyclically Adjusted Price-to-FCF. This puts Axfood AB in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 14.81. Axfood AB's value of 13.14 is 11.3% below this benchmark. Historically, Axfood AB's own Cyclically Adjusted Price-to-FCF has ranged from 14.13 to 27.75 over the past decade. While the company's 10-year median is 20.44 vs. the industry median of 14.81, Axfood AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Retail - Defensive company?
The median Cyclically Adjusted Price-to-FCF among Retail - Defensive companies is 14.81, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axfood AB's current Cyclically Adjusted Price-to-FCF of 13.14 is 11.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Axfood AB and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted Price-to-FCF is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current Cyclically Adjusted Price-to-FCF is 13.14, which is 36% below median its own 10-year median of 20.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (CHIX:AXFOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr298.30, compared to a current price of kr232.90 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 13.14, which is 36% below median its 10-year median of 20.44 and 11.3% below the Retail - Defensive industry median of 14.81. Axfood AB's overall GF Score™ is 72/100 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 Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Axfood AB (CHIX:AXFOS), the current Cyclically Adjusted Price-to-FCF is 13.14 as of Sep. 15, 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 Axfood AB (CHIX:AXFOS) Overvalued in 2026?
Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued.
The current stock price of kr232.90 is trading 21.9% below its estimated GF Value™ of kr298.30.
GuruFocus considers Axfood AB to be Modestly Undervalued.
Key valuation signals for CHIX:AXFOS:
Cyclically Adjusted Price-to-FCF: 13.14 (36% below median its 10-year median of 20.44)
GF Value™: kr298.30 vs. price of kr232.90 (21.9% below fair value)
Industry Position: 11.3% below the Retail - Defensive median (#67 of 137)
No single metric tells the full story. See the CHIX:AXFOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
72GF Score
Get the complete analysis for CHIX:AXFOS
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