The historical rank and industry rank for WithSecure's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
FRA:DTV0'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.02 Med: 11.26 Max: 28.83
Current: 26.87
During the past years, WithSecure's highest Cyclically Adjusted Price-to-FCF was 28.83. The lowest was 7.02. And the median was 11.26.
FRA:DTV0's Cyclically Adjusted Price-to-FCF is not ranked
in the Software industry.
Industry Median: 22.87
vs FRA:DTV0: 26.87
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.
WithSecure's adjusted free cash flow per share data for the three months ended in Sep. 2025 was €-0.013. 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 €0.06 for the trailing ten years ended in Sep. 2025.
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.
WithSecure Cyclically Adjusted Price-to-FCF Related Terms
WithSecure Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for WithSecure'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:DTV0 vs MSFT, ORCL, PLTR: Cyclically Adjusted Price-to-FCF Comparison
For the Software - Infrastructure subindustry, WithSecure'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.
WithSecure Cyclically Adjusted Price-to-FCF vs Software Industry
For the Software industry and Technology sector, WithSecure's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where WithSecure'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.
WithSecure'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 28.37 mean?
WithSecure (FRA:DTV0) has a Cyclically Adjusted Price-to-FCF of 28.37 as of Jun. 24, 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 WithSecure and its competitors. This is 152% above median its historical median of 11.26. Over the past decade, WithSecure's Cyclically Adjusted Price-to-FCF has ranged from 7.02 to 28.83.
Is WithSecure's Cyclically Adjusted Price-to-FCF too high?
WithSecure's current Cyclically Adjusted Price-to-FCF of 28.37 is 152% above median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 28.83. The Software industry median Cyclically Adjusted Price-to-FCF is 22.87. WithSecure's value of 28.37 is 24% above this industry median. Overall, WithSecure has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does WithSecure's Cyclically Adjusted Price-to-FCF compare to MSFT and ORCL?
WithSecure's Cyclically Adjusted Price-to-FCF of 28.37 can be compared against companies in the Software industry. The industry median Cyclically Adjusted Price-to-FCF is 22.87. WithSecure's value of 28.37 is 24% above this benchmark. Historically, WithSecure's own Cyclically Adjusted Price-to-FCF has ranged from 7.02 to 28.83 over the past decade. While the company's 10-year median is 11.26 vs. the industry median of 22.87, WithSecure 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 Software company?
The median Cyclically Adjusted Price-to-FCF among Software companies is 22.87, based on 812 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. WithSecure's current Cyclically Adjusted Price-to-FCF of 28.37 is 24% 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 WithSecure and its competitors. For the Software industry, the median Cyclically Adjusted Price-to-FCF is 22.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WithSecure's current Cyclically Adjusted Price-to-FCF is 28.37, which is 152% above median its own 10-year median of 11.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WithSecure stock overvalued right now?
WithSecure (FRA:DTV0) has a current Cyclically Adjusted Price-to-FCF of 28.37. The stock's GF Value™ is €0.94, compared to a current price of €1.70 — trading 81.1% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 28.37, which is 152% above median its 10-year median of 11.26 and 24% above the Software industry median of 22.87. WithSecure's overall GF Score™ is 20/100 with 5 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 WithSecure (FRA:DTV0), the current Cyclically Adjusted Price-to-FCF is 28.37 as of Jun. 24, 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 WithSecure (FRA:DTV0) Overvalued in 2026?
Based on GuruFocus' analysis, WithSecure stock appears to be overvalued.
The current stock price of €1.70 is trading 81.1% above its estimated GF Value™ of €0.94.
Key valuation signals for FRA:DTV0:
Cyclically Adjusted Price-to-FCF: 28.37 (152% above median its 10-year median of 11.26)
GF Value™: €0.94 vs. price of €1.70 (81.1% above fair value)
No single metric tells the full story. See the FRA:DTV0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company The Company has one segment which is security. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the United States, and the company's products are sold by thousands of resellers. The company's revenue is split into three categories. Cloud revenue includes the Elements platform cloud-based products, Managed Detection and Response (MDR) and Cloud Protection for Salesforce (CPSF) revenue. Onpremise revenue includes the Elements portfolio on-premise product (Endpoint protection) and other legacy products. Consulting revenue includes the cyber security consulting services.
20GF Score
Get the complete analysis for FRA:DTV0
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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