Matas AS (CHIX:MATASC) Cyclically Adjusted Price-to-FCF: 7.95 (As of Sep. 13, 2026) — 18% Below Median

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Director of Data and Quant Analytics at GuruFocus
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CHIX:MATASC Matas AS CHIX:MATASC
84 GF Score
Price kr100.70
GF Value kr170.88
! 8 Warning Signs
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What is Matas AS Cyclically Adjusted Price-to-FCF?

Matas AS CHIX:MATASC 84 Cyclically Adjusted Price-to-FCF is 7.95 as of Sep. 13, 2026, which is 18% below its 10-year median of 9.67. GuruFocus rates CHIX:MATASC with a GF Score™ of 84/100 and a GF Value™ of kr170.88. The stock has 8 warning signs investors should review. Among 473 Retail - Cyclical companies, Matas AS ranks better than 61.52% on this metric.

As of today (2026-09-13), Matas AS's current share price is kr100.70. Matas AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was kr12.66. Matas AS's Cyclically Adjusted Price-to-FCF for today is 7.95.

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

CHIX:MATASc' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.05   Med: 9.67   Max: 14.24
Current: 7.83

During the past years, Matas AS's highest Cyclically Adjusted Price-to-FCF was 14.24. The lowest was 6.05. And the median was 9.67.

CHIX:MATASc's Cyclically Adjusted Price-to-FCF is ranked better than
61.52% of 473 companies
in the Retail - Cyclical industry
Industry Median: 11.03 vs CHIX:MATASc: 7.83

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.

Matas AS's adjusted free cash flow per share data for the three months ended in Jun. 2026 was kr3.791. 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 kr12.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matas AS  (CHIX:MATASc) 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.


Matas AS Cyclically Adjusted Price-to-FCF Related Terms


Matas AS Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Matas AS'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.

Matas AS Cyclically Adjusted Price-to-FCF Chart

Matas AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.17 7.21 10.10 12.34 9.82

Matas AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.94 12.07 11.41 9.82 7.95

CHIX:MATASC vs CASY, WSM, ULTA: Cyclically Adjusted Price-to-FCF Comparison

For the Specialty Retail subindustry, Matas AS'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.


Matas AS Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Matas AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


CHIX:MATASC
84GF Score
Matas AS CHIX:MATASC
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matas AS 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.

Matas AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=100.70/12.66
=7.95

* 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.

Matas AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Matas AS'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)
=3.791/122.9700*122.9700
=3.791

Current CPI (Jun. 2026) = 122.9700.

Matas AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.482 100.200 -0.592
201612 7.939 100.300 9.733
201703 1.399 101.200 1.700
201706 0.969 101.200 1.177
201709 0.791 101.800 0.955
201712 6.325 101.300 7.678
201803 -0.384 101.700 -0.464
201806 1.925 102.300 2.314
201809 0.154 102.400 0.185
201812 6.249 102.100 7.526
201903 0.726 102.900 0.868
201906 1.088 102.900 1.300
201909 1.828 102.900 2.185
201912 4.569 102.900 5.460
202003 -0.869 103.300 -1.034
202006 6.770 103.200 8.067
202009 2.319 103.500 2.755
202012 10.782 103.400 12.823
202103 0.909 104.300 1.072
202106 1.108 105.000 1.298
202109 2.223 105.800 2.584
202112 4.859 106.600 5.605
202203 0.317 109.900 0.355
202206 2.583 113.600 2.796
202209 1.612 116.400 1.703
202212 9.995 115.900 10.605
202303 -3.127 117.300 -3.278
202306 5.251 116.400 5.547
202309 -4.302 117.400 -4.506
202312 14.601 116.700 15.385
202403 -9.469 118.400 -9.834
202406 1.235 118.500 1.282
202409 -2.800 118.900 -2.896
202412 9.866 118.900 10.204
202503 -8.032 120.200 -8.217
202506 9.623 120.700 9.804
202509 -4.253 121.600 -4.301
202512 9.417 121.200 9.555
202603 -0.774 121.680 -0.782
202606 3.791 122.970 3.791

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 7.95 mean?
Matas AS (CHIX:MATASC) has a Cyclically Adjusted Price-to-FCF of 7.95 as of Sep. 13, 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 Matas AS and its competitors. This is 18% below median its historical median of 9.67. Over the past decade, Matas AS's Cyclically Adjusted Price-to-FCF has ranged from 6.05 to 14.24. According to the industry distribution chart, Matas AS ranks #182 out of 473 companies in the Retail - Cyclical industry, placing it in the top 38.5%.
Is Matas AS's Cyclically Adjusted Price-to-FCF too high?
Matas AS's current Cyclically Adjusted Price-to-FCF of 7.95 is 18% below median its 10-year median of 9.67. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 14.24. The Retail - Cyclical industry median Cyclically Adjusted Price-to-FCF is 11.03. Matas AS's value of 7.95 is 27.9% below this industry median. Based on the distribution chart, Matas AS ranks #182 out of 473 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Matas AS has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Matas AS's Cyclically Adjusted Price-to-FCF compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Matas AS ranks #182 out of 473 companies for Cyclically Adjusted Price-to-FCF. This puts Matas AS in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 11.03. Matas AS's value of 7.95 is 27.9% below this benchmark. Historically, Matas AS's own Cyclically Adjusted Price-to-FCF has ranged from 6.05 to 14.24 over the past decade. While the company's 10-year median is 9.67 vs. the industry median of 11.03, Matas AS 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 - Cyclical company?
The median Cyclically Adjusted Price-to-FCF among Retail - Cyclical companies is 11.03, based on 473 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. Matas AS's current Cyclically Adjusted Price-to-FCF of 7.95 is 27.9% 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 Matas AS and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted Price-to-FCF is 11.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matas AS's current Cyclically Adjusted Price-to-FCF is 7.95, which is 18% below median its own 10-year median of 9.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matas AS stock overvalued right now?
Matas AS (CHIX:MATASC) has a current Cyclically Adjusted Price-to-FCF of 7.95. The stock's GF Value™ is kr170.88, compared to a current price of kr100.70 — trading 41.1% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 7.95, which is 18% below median its 10-year median of 9.67 and 27.9% below the Retail - Cyclical industry median of 11.03. Matas AS's overall GF Score™ is 84/100 with 8 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 Matas AS (CHIX:MATASC), the current Cyclically Adjusted Price-to-FCF is 7.95 as of Sep. 13, 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 Matas AS (CHIX:MATASC) Overvalued in 2026?

Based on GuruFocus' analysis, Matas AS stock appears to be undervalued. The current stock price of kr100.70 is trading 41.1% below its estimated GF Value™ of kr170.88.

Key valuation signals for CHIX:MATASC:

  • Cyclically Adjusted Price-to-FCF: 7.95 (18% below median its 10-year median of 9.67)
  • GF Value™: kr170.88 vs. price of kr100.70 (41.1% below fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 27.9% below the Retail - Cyclical median (#182 of 473)

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


Matas AS Business Description

Other Exchanges 0QFA:UKMATAS:Denmark
Address Rormosevej 1, Allerod, DNK, DK-3450
Matas AS is beauty and wellbeing brands. It has three segments Matas, KICKS and Other. It generates majority of revenue from Matas segment. Its product groups are High-end Beauty: Luxury beauty products, including cosmetics, skincare and haircare products and fragrances; Mass Beauty: Everyday beauty products and personal care, including cosmetics and skincare and haircare products; Health and Wellbeing: MediCare Vitamins, minerals, health supplements, specialty foods and herbal medicinal products. Sports, nutrition and exercise. Baby and parent. Sexual wellness, Personal care products and special skincare; Other: Clothing and accessories. It generates majority of revenue from Denmark followed by Sweden, Norway, and Other countries.
84GF Score

Get the complete analysis for CHIX:MATASC

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

kr100.70
Price
kr170.88
GF Value