Kri-Kri Milk Industry (FRA:AO2) Cyclically Adjusted Price-to-FCF: 115.42 (As of Jul. 12, 2026) — 10% Above Median


FRA:AO2 Kri-Kri Milk Industry SA FRA:AO2
96 GF Score
Price €27.70
GF Value €20.41
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kri-Kri Milk Industry Cyclically Adjusted Price-to-FCF?

Kri-Kri Milk Industry FRA:AO2 +1.65% 96 Cyclically Adjusted Price-to-FCF is 115.42 as of Jul. 12, 2026, which is 10% above its 10-year median of 104.69. GuruFocus rates FRA:AO2 with a GF Score™ of 96/100 and a GF Value™ of €20.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 772 Consumer Packaged Goods companies, Kri-Kri Milk Industry ranks worse than 90.67% on this metric.

As of today (2026-07-12), Kri-Kri Milk Industry's current share price is €27.70. Kri-Kri Milk Industry's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.24. Kri-Kri Milk Industry's Cyclically Adjusted Price-to-FCF for today is 115.42.

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

FRA:AO2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 67.15   Med: 104.69   Max: 816
Current: 108.77

During the past years, Kri-Kri Milk Industry's highest Cyclically Adjusted Price-to-FCF was 816.00. The lowest was 67.15. And the median was 104.69.

FRA:AO2's Cyclically Adjusted Price-to-FCF is ranked worse than
90.67% of 772 companies
in the Consumer Packaged Goods industry
Industry Median: 20.795 vs FRA:AO2: 108.77

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.

Kri-Kri Milk Industry's adjusted free cash flow per share data for the three months ended in Mar. 2026 was €0.060. 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 €0.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kri-Kri Milk Industry  (FRA:AO2) 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.


Kri-Kri Milk Industry Cyclically Adjusted Price-to-FCF Related Terms


Kri-Kri Milk Industry Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Kri-Kri Milk Industry'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.

Kri-Kri Milk Industry Cyclically Adjusted Price-to-FCF Chart

Kri-Kri Milk Industry 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 0.00 267.23 71.93 101.48 73.72

Kri-Kri Milk Industry 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 117.22 99.28 70.45 73.72 84.49

FRA:AO2 vs KHC, GIS, HRL: Cyclically Adjusted Price-to-FCF Comparison

For the Packaged Foods subindustry, Kri-Kri Milk Industry'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.


Kri-Kri Milk Industry Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Kri-Kri Milk Industry's Cyclically Adjusted Price-to-FCF falls into.


FRA:AO2
96GF Score
Kri-Kri Milk Industry SA FRA:AO2
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kri-Kri Milk Industry 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.

Kri-Kri Milk Industry's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.70/0.24
=115.42

* 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.

Kri-Kri Milk Industry's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kri-Kri Milk Industry'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)
=0.06/124.8200*124.8200
=0.060

Current CPI (Mar. 2026) = 124.8200.

Kri-Kri Milk Industry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.024 100.087 -0.030
201606 0.000 100.121 0.000
201612 0.000 100.110 0.000
201703 -0.023 100.770 -0.028
201706 0.106 101.138 0.131
201709 0.015 100.882 0.019
201712 -0.036 100.762 -0.045
201803 -0.029 100.534 -0.036
201806 0.071 102.121 0.087
201809 0.055 101.982 0.067
201812 0.166 101.330 0.204
201903 -0.033 101.482 -0.041
201906 -0.106 101.837 -0.130
201909 0.176 101.906 0.216
201912 -0.078 102.120 -0.095
202003 -0.112 101.479 -0.138
202006 0.202 100.239 0.252
202009 0.104 99.886 0.130
202012 -0.010 99.751 -0.013
202103 -0.106 99.817 -0.133
202106 0.146 101.270 0.180
202109 0.239 102.095 0.292
202112 0.054 104.853 0.064
202203 -0.184 108.651 -0.211
202206 0.101 113.517 0.111
202209 0.072 114.371 0.079
202212 -0.131 112.428 -0.145
202303 -0.040 113.620 -0.044
202306 0.409 115.515 0.442
202309 0.454 116.234 0.488
202312 0.252 116.364 0.270
202403 -0.105 117.285 -0.112
202406 0.122 118.129 0.129
202409 0.280 119.650 0.292
202412 -0.197 119.360 -0.206
202503 -0.308 120.133 -0.320
202506 0.083 121.399 0.085
202509 0.491 121.950 0.503
202512 0.032 122.450 0.033
202603 0.060 124.820 0.060

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 115.42 mean?
Kri-Kri Milk Industry (FRA:AO2) has a Cyclically Adjusted Price-to-FCF of 115.42 as of Jul. 12, 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 Kri-Kri Milk Industry and its competitors. This is 10% above median its historical median of 104.69. Over the past decade, Kri-Kri Milk Industry's Cyclically Adjusted Price-to-FCF has ranged from 67.15 to 816.00. According to the industry distribution chart, Kri-Kri Milk Industry ranks #700 out of 772 companies in the Consumer Packaged Goods industry, placing it in the top 90.7%.
Is Kri-Kri Milk Industry's Cyclically Adjusted Price-to-FCF too high?
Kri-Kri Milk Industry's current Cyclically Adjusted Price-to-FCF of 115.42 is 10% above median its 10-year median of 104.69. Over the past 10 years, this metric has ranged from a low of 67.15 to a high of 816.00. The Consumer Packaged Goods industry median Cyclically Adjusted Price-to-FCF is 20.80. Kri-Kri Milk Industry's value of 115.42 is 455% above this industry median. Based on the distribution chart, Kri-Kri Milk Industry ranks #700 out of 772 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Kri-Kri Milk Industry has a GF Score™ of 96/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kri-Kri Milk Industry's Cyclically Adjusted Price-to-FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kri-Kri Milk Industry ranks #700 out of 772 companies for Cyclically Adjusted Price-to-FCF. This places Kri-Kri Milk Industry in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 20.80. Kri-Kri Milk Industry's value of 115.42 is 455% above this benchmark. Historically, Kri-Kri Milk Industry's own Cyclically Adjusted Price-to-FCF has ranged from 67.15 to 816.00 over the past decade. While the company's 10-year median is 104.69 vs. the industry median of 20.80, Kri-Kri Milk Industry has consistently been above 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 Consumer Packaged Goods company?
The median Cyclically Adjusted Price-to-FCF among Consumer Packaged Goods companies is 20.80, based on 772 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. Kri-Kri Milk Industry's current Cyclically Adjusted Price-to-FCF of 115.42 is 455% above 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 Kri-Kri Milk Industry and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted Price-to-FCF is 20.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kri-Kri Milk Industry's current Cyclically Adjusted Price-to-FCF is 115.42, which is 10% above median its own 10-year median of 104.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kri-Kri Milk Industry stock overvalued right now?
Based on GuruFocus' analysis, Kri-Kri Milk Industry (FRA:AO2) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.41, compared to a current price of €27.70 — trading 35.7% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 115.42, which is 10% above median its 10-year median of 104.69 and 455% above the Consumer Packaged Goods industry median of 20.80. Kri-Kri Milk Industry's overall GF Score™ is 96/100 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 Kri-Kri Milk Industry (FRA:AO2), the current Cyclically Adjusted Price-to-FCF is 115.42 as of Jul. 12, 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 Kri-Kri Milk Industry (FRA:AO2) Overvalued in 2026?

Based on GuruFocus' analysis, Kri-Kri Milk Industry stock appears to be overvalued. The current stock price of €27.70 is trading 35.7% above its estimated GF Value™ of €20.41. GuruFocus considers Kri-Kri Milk Industry to be Significantly Overvalued.

Key valuation signals for FRA:AO2:

  • Cyclically Adjusted Price-to-FCF: 115.42 (10% above median its 10-year median of 104.69)
  • GF Value™: €20.41 vs. price of €27.70 (35.7% above fair value)
  • GF Score™: 96/100 with 7 warning signs
  • Industry Position: 455% above the Consumer Packaged Goods median (#700 of 772)

No single metric tells the full story. See the FRA:AO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kri-Kri Milk Industry Business Description

Address 3rd km Serres-Drama National Road, Serres, GRC, 62125
Kri-Kri Milk Industry SA is engaged in the production of dairy products. Its products include yogurt, ice cream, Gluten-free, and milk. The company's segments are classified into Ice-cream - Greece and other Countries and Dairy-Yogurt - Greece and other Countries. The majority of the revenue is generated from the Dairy-Yogurt segment and geographically from Greece.
96GF Score

Get the complete analysis for FRA:AO2

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

€27.70
Price
€20.41
GF Value