Ferronordic AB (CHIX:FNMS) Cyclically Adjusted Price-to-FCF: 4.33 (As of Jul. 23, 2026) — 33% Below Median

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CHIX:FNMS Ferronordic AB CHIX:FNMS
83 GF Score
Price kr45.90
GF Value kr47.13
! 7 Warning Signs
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What is Ferronordic AB Cyclically Adjusted Price-to-FCF?

Ferronordic AB CHIX:FNMS 83 Cyclically Adjusted Price-to-FCF is 4.33 as of Jul. 23, 2026, which is 33% below its 10-year median of 6.42. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.13. The stock has 7 warning signs investors should review. Among 94 Industrial Distribution companies, Ferronordic AB ranks better than 81.91% on this metric.

As of today (2026-07-23), Ferronordic AB's current share price is kr45.90. Ferronordic AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr10.59. Ferronordic AB's Cyclically Adjusted Price-to-FCF for today is 4.33.

The historical rank and industry rank for Ferronordic AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:FNMs' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.91   Med: 6.42   Max: 37.93
Current: 6.65

During the past years, Ferronordic AB's highest Cyclically Adjusted Price-to-FCF was 37.93. The lowest was 2.91. And the median was 6.42.

CHIX:FNMs's Cyclically Adjusted Price-to-FCF is ranked better than
81.91% of 94 companies
in the Industrial Distribution industry
Industry Median: 17.72 vs CHIX:FNMs: 6.65

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.

Ferronordic AB's adjusted free cash flow per share data for the three months ended in Mar. 2026 was kr-11.217. 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 kr10.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferronordic AB  (CHIX:FNMs) 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.


Ferronordic AB Cyclically Adjusted Price-to-FCF Related Terms


Ferronordic AB Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Ferronordic 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.

Ferronordic AB Cyclically Adjusted Price-to-FCF Chart

Ferronordic AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.17 9.17 9.83 5.90 3.83

Ferronordic AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Price-to-FCF 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 4.49 3.77 3.60 3.83 4.34

CHIX:FNMS vs GWW, FAST, FERG: Cyclically Adjusted Price-to-FCF Comparison

For the Industrial Distribution subindustry, Ferronordic 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.


Ferronordic AB Cyclically Adjusted Price-to-FCF vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


CHIX:FNMS
83GF Score
Ferronordic AB CHIX:FNMS
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferronordic 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.

Ferronordic AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=45.90/10.59
=4.33

* 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.

Ferronordic AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ferronordic AB'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)
=-11.217/133.5600*133.5600
=-11.217

Current CPI (Mar. 2026) = 133.5600.

Ferronordic AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 7.928 101.019 10.482
201609 -10.609 101.138 -14.010
201612 10.951 102.022 14.336
201703 3.245 102.022 4.248
201706 14.531 102.752 18.888
201709 9.542 103.279 12.340
201712 -11.330 103.793 -14.579
201803 -3.097 103.962 -3.979
201806 3.912 104.875 4.982
201809 6.667 105.679 8.426
201812 -0.262 105.912 -0.330
201903 -9.516 105.886 -12.003
201906 -23.966 106.742 -29.987
201909 4.994 107.214 6.221
201912 -5.706 107.766 -7.072
202003 6.401 106.563 8.023
202006 19.550 107.498 24.290
202009 6.400 107.635 7.941
202012 11.010 108.296 13.579
202103 4.748 108.360 5.852
202106 4.335 108.928 5.315
202109 16.462 110.338 19.927
202112 -11.045 112.486 -13.114
202203 -7.914 114.825 -9.205
202206 -8.189 118.384 -9.239
202209 13.625 122.296 14.880
202212 -6.881 126.365 -7.273
202303 -9.427 127.042 -9.911
202306 -2.536 129.407 -2.617
202309 -8.671 130.224 -8.893
202312 8.602 131.912 8.709
202403 -7.707 132.205 -7.786
202406 6.056 132.716 6.095
202409 21.470 132.304 21.674
202412 -1.239 132.987 -1.244
202503 11.698 132.825 11.763
202506 17.341 133.699 17.323
202509 19.061 133.480 19.072
202512 -5.023 133.390 -5.029
202603 -11.217 133.560 -11.217

Add all the adjusted free cash flow per share together and divide 10 will get our 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.

What does a Cyclically Adjusted Price-to-FCF of 4.33 mean?
Ferronordic AB (CHIX:FNMS) has a Cyclically Adjusted Price-to-FCF of 4.33 as of Jul. 23, 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 Ferronordic AB and its competitors. This is 33% below median its historical median of 6.42. Over the past decade, Ferronordic AB's Cyclically Adjusted Price-to-FCF has ranged from 2.91 to 37.93. According to the industry distribution chart, Ferronordic AB ranks #17 out of 94 companies in the Industrial Distribution industry, placing it in the top 18.1%.
Is Ferronordic AB's Cyclically Adjusted Price-to-FCF too high?
Ferronordic AB's current Cyclically Adjusted Price-to-FCF of 4.33 is 33% below median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 37.93. The Industrial Distribution industry median Cyclically Adjusted Price-to-FCF is 17.72. Ferronordic AB's value of 4.33 is 75.6% below this industry median. Based on the distribution chart, Ferronordic AB ranks #17 out of 94 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Cyclically Adjusted Price-to-FCF compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #17 out of 94 companies for Cyclically Adjusted Price-to-FCF. This places Ferronordic AB in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 17.72. Ferronordic AB's value of 4.33 is 75.6% below this benchmark. Historically, Ferronordic AB's own Cyclically Adjusted Price-to-FCF has ranged from 2.91 to 37.93 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 17.72, Ferronordic 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 an Industrial Distribution company?
The median Cyclically Adjusted Price-to-FCF among Industrial Distribution companies is 17.72, based on 94 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. Ferronordic AB's current Cyclically Adjusted Price-to-FCF of 4.33 is 75.6% 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted Price-to-FCF is 17.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Cyclically Adjusted Price-to-FCF is 4.33, which is 33% below median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Cyclically Adjusted Price-to-FCF of 4.33. The stock's GF Value™ is kr47.13, compared to a current price of kr45.90 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 4.33, which is 33% below median its 10-year median of 6.42 and 75.6% below the Industrial Distribution industry median of 17.72. Ferronordic AB's overall GF Score™ is 83/100 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 Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Ferronordic AB (CHIX:FNMS), the current Cyclically Adjusted Price-to-FCF is 4.33 as of Jul. 23, 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?

Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued. The current stock price of kr45.90 is trading 2.6% below its estimated GF Value™ of kr47.13.

Key valuation signals for CHIX:FNMS:

  • Cyclically Adjusted Price-to-FCF: 4.33 (33% below median its 10-year median of 6.42)
  • GF Value™: kr47.13 vs. price of kr45.90 (2.6% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 75.6% below the Industrial Distribution median (#17 of 94)

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


Ferronordic AB Business Description

Other Exchanges FNM:SwedenAA4:Germany
Address Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score

Get the complete analysis for CHIX:FNMS

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

kr45.90
Price
kr47.13
GF Value