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CEWE Stiftung KGaAFRA:CWC +0.40%84 Cyclically Adjusted Price-to-FCF is 39.14 as of Aug. 23, 2026, which is 47% above its 10-year median of 26.60. GuruFocus rates FRA:CWC with a GF Score™ of 84/100 and a GF Value™ of €139.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 35 Personal Services companies, CEWE Stiftung KGaA ranks worse than 85.71% on this metric.
The historical rank and industry rank for CEWE Stiftung KGaA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
FRA:CWC'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.35 Med: 26.6 Max: 39.61
Current: 39.54
During the past years, CEWE Stiftung KGaA's highest Cyclically Adjusted Price-to-FCF was 39.61. The lowest was 18.35. And the median was 26.60.
FRA:CWC's Cyclically Adjusted Price-to-FCF is ranked worse than 85.71% of 35
companies
in the Personal Services industry
Industry Median: 18.2
vs FRA:CWC: 39.54
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.
CEWE Stiftung KGaA's adjusted free cash flow per share data for the three months ended in Jun. 2026 was €-4.492. 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 €2.55 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
CEWE Stiftung KGaA Cyclically Adjusted Price-to-FCF Related Terms
CEWE Stiftung KGaA Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for CEWE Stiftung KGaA'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.
FRA:CWC vs ROL, SCI, HRB: Cyclically Adjusted Price-to-FCF Comparison
For the Personal Services subindustry, CEWE Stiftung KGaA'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.
CEWE Stiftung KGaA Cyclically Adjusted Price-to-FCF vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where CEWE Stiftung KGaA's Cyclically Adjusted Price-to-FCF falls into.
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.
CEWE Stiftung KGaA'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 39.14 mean?
CEWE Stiftung KGaA (FRA:CWC) has a Cyclically Adjusted Price-to-FCF of 39.14 as of Aug. 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 CEWE Stiftung KGaA and its competitors. This is 47% above median its historical median of 26.60. Over the past decade, CEWE Stiftung KGaA's Cyclically Adjusted Price-to-FCF has ranged from 18.35 to 39.61. According to the industry distribution chart, CEWE Stiftung KGaA ranks #30 out of 35 companies in the Personal Services industry, placing it in the top 85.7%.
Is CEWE Stiftung KGaA's Cyclically Adjusted Price-to-FCF too high?
CEWE Stiftung KGaA's current Cyclically Adjusted Price-to-FCF of 39.14 is 47% above median its 10-year median of 26.60. Over the past 10 years, this metric has ranged from a low of 18.35 to a high of 39.61. The Personal Services industry median Cyclically Adjusted Price-to-FCF is 18.20. CEWE Stiftung KGaA's value of 39.14 is 115.1% above this industry median. Based on the distribution chart, CEWE Stiftung KGaA ranks #30 out of 35 companies in the Personal Services industry, which is in the bottom quartile relative to peers. Overall, CEWE Stiftung KGaA has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Cyclically Adjusted Price-to-FCF compare to ROL and SCI?
According to the Personal Services industry distribution chart, CEWE Stiftung KGaA ranks #30 out of 35 companies for Cyclically Adjusted Price-to-FCF. This places CEWE Stiftung KGaA in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 18.20. CEWE Stiftung KGaA's value of 39.14 is 115.1% above this benchmark. Historically, CEWE Stiftung KGaA's own Cyclically Adjusted Price-to-FCF has ranged from 18.35 to 39.61 over the past decade. While the company's 10-year median is 26.60 vs. the industry median of 18.20, CEWE Stiftung KGaA 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 Personal Services company?
The median Cyclically Adjusted Price-to-FCF among Personal Services companies is 18.20, based on 35 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. CEWE Stiftung KGaA's current Cyclically Adjusted Price-to-FCF of 39.14 is 115.1% 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 CEWE Stiftung KGaA and its competitors. For the Personal Services industry, the median Cyclically Adjusted Price-to-FCF is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEWE Stiftung KGaA's current Cyclically Adjusted Price-to-FCF is 39.14, which is 47% above median its own 10-year median of 26.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
Based on GuruFocus' analysis, CEWE Stiftung KGaA (FRA:CWC) is currently considered Modestly Undervalued. The stock's GF Value™ is €139.01, compared to a current price of €99.80 — trading 28.2% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 39.14, which is 47% above median its 10-year median of 26.60 and 115.1% above the Personal Services industry median of 18.20. CEWE Stiftung KGaA's overall GF Score™ is 84/100 with 2 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 CEWE Stiftung KGaA (FRA:CWC), the current Cyclically Adjusted Price-to-FCF is 39.14 as of Aug. 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 CEWE Stiftung KGaA (FRA:CWC) Overvalued in 2026?
Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued.
The current stock price of €99.80 is trading 28.2% below its estimated GF Value™ of €139.01.
GuruFocus considers CEWE Stiftung KGaA to be Modestly Undervalued.
Key valuation signals for FRA:CWC:
Cyclically Adjusted Price-to-FCF: 39.14 (47% above median its 10-year median of 26.60)
GF Value™: €139.01 vs. price of €99.80 (28.2% below fair value)
Industry Position: 115.1% above the Personal Services median (#30 of 35)
No single metric tells the full story. See the FRA:CWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
84GF Score
Get the complete analysis for FRA:CWC
Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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